LY Operating Margin 2016-2024 | YAHOY
- LY average operating margin for 2023 was 15.67%, a 5.59% increase from 2022.
- LY average operating margin for 2022 was 14.84%, a 5.62% increase from 2021.
- LY average operating margin for 2021 was 14.05%, a 2.36% 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.