• UBS Group AG average operating margin for 2023 was 32.01%, a 27.78% decline from 2022.
• UBS Group AG average operating margin for 2022 was 25.05%, a 0.75% increase from 2021.
• UBS Group AG average operating margin for 2021 was 25.24%, a 32.56% 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.