• Sanmina average operating margin for 2024 was 4.5%, a 10.18% increase from 2023.
• Sanmina average operating margin for 2023 was 5.01%, a 18.72% decline from 2022.
• Sanmina average operating margin for 2022 was 4.22%, a 7.11% increase from 2021.

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.