• Toray Industries average operating margin for 2023 was 100%, a 0% decline from 2022.
• Toray Industries average operating margin for 2022 was 100%, a 0% decline from 2021.
• Toray Industries average operating margin for 2021 was 100%, a 0% 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.