• Transdigm Group average operating margin for 2023 was 43.83%, a 8.14% increase from 2022.
• Transdigm Group average operating margin for 2022 was 40.53%, a 21.78% increase from 2021.
• Transdigm Group average operating margin for 2021 was 33.28%, a 5.05% increase 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.