• Ricoh average operating margin for 2023 was 3.5%, a 37.8% decline from 2022.
• Ricoh average operating margin for 2022 was 2.54%, a 395.35% increase from 2021.
• Ricoh average operating margin for 2021 was -0.86%, a 179.63% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.