• TE Connectivity average operating margin for 2023 was 14.73%, a 13.45% increase from 2022.
• TE Connectivity average operating margin for 2022 was 17.02%, a 12.86% decline from 2021.
• TE Connectivity average operating margin for 2021 was 15.08%, a 180.3% 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.