• Vertex average operating margin for 2023 was -3.2%, a 130.22% decline from 2022.
• Vertex average operating margin for 2022 was -1.39%, a 82.78% increase from 2021.
• Vertex average operating margin for 2021 was -8.07%, a 49.97% 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.