• Verisk Analytics average operating margin for 2023 was 43.43%, a 22.89% decline from 2022.
• Verisk Analytics average operating margin for 2022 was 56.32%, a 41.76% decline from 2021.
• Verisk Analytics average operating margin for 2021 was 39.73%, a 17.34% 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.