• Texas Instruments average operating margin for 2023 was 45.3%, a 11.42% decline from 2022.
• Texas Instruments average operating margin for 2022 was 51.14%, a 11.29% decline from 2021.
• Texas Instruments average operating margin for 2021 was 45.95%, a 16.36% 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.