• Transdigm Group average operating margin for 2023 was 44.32%, a 7.97% increase from 2022.
• Transdigm Group average operating margin for 2022 was 41.05%, a 15.67% increase from 2021.
• Transdigm Group average operating margin for 2021 was 35.49%, a 6.64% 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.