• Tokyo Electron average operating margin for 2023 was 25.71%, a 0.46% decline from 2022.
• Tokyo Electron average operating margin for 2022 was 25.83%, a 0% decline from 2021.
• Tokyo Electron average operating margin for 2021 was 25.83%, a 12.7% 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.