• Seagate Technology Holdings average operating margin for 2023 was -4.44%, a 131.69% decline from 2022.
• Seagate Technology Holdings average operating margin for 2022 was 14.01%, a 5.59% decline from 2021.
• Seagate Technology Holdings average operating margin for 2021 was 14.84%, a 18.15% 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.