• TJX average operating margin for 2023 was 9.94%, a 0.61% increase from 2022.
• TJX average operating margin for 2022 was 9.88%, a 42.57% increase from 2021.
• TJX average operating margin for 2021 was 6.93%, a 21.37% 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.