• Xylem average operating margin for 2023 was 9.93%, a 7.97% increase from 2022.
• Xylem average operating margin for 2022 was 10.79%, a 1.79% decline from 2021.
• Xylem average operating margin for 2021 was 10.6%, a 39.47% 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.