• Ford Motor average operating margin for 2023 was 3.86%, a 7.52% decline from 2022.
• Ford Motor average operating margin for 2022 was 3.59%, a 149.31% increase from 2021.
• Ford Motor average operating margin for 2021 was 1.44%, a 154.14% 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.