Shimano Operating Margin 2017-2023 | SMNNY
- Shimano average operating margin for 2022 was 22.81%, a 9.3% increase from 2021.
- Shimano average operating margin for 2021 was 20.87%, a 12.75% increase from 2020.
- Shimano average operating margin for 2020 was 18.51%, a 52.66% increase from 2019.
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.