• Ryanair Holdings average operating margin for 2023 was 15.97%, a 5803.57% decline from 2022.
• Ryanair Holdings average operating margin for 2022 was -0.28%, a 99.22% decline from 2021.
• Ryanair Holdings average operating margin for 2021 was -35.93%, a 1066.56% 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.