• Zebra Technologies average operating margin for 2023 was 12.27%, a 14.46% increase from 2022.
• Zebra Technologies average operating margin for 2022 was 10.72%, a 38% increase from 2021.
• Zebra Technologies average operating margin for 2021 was 17.29%, a 17.54% 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.