• UnitedHealth Group average operating margin for 2023 was 8.76%, a 3.79% decline from 2022.
• UnitedHealth Group average operating margin for 2022 was 8.44%, a 2.18% increase from 2021.
• UnitedHealth Group average operating margin for 2021 was 8.26%, a 8.43% 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.