• Stryker average operating margin for 2023 was 17.47%, a 14.86% increase from 2022.
• Stryker average operating margin for 2022 was 15.21%, a 0.78% increase from 2021.
• Stryker average operating margin for 2021 was 15.33%, a 8.31% 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.