• General Motors average operating margin for 2023 was 6.29%, a 1.29% increase from 2022.
• General Motors average operating margin for 2022 was 6.21%, a 23.71% increase from 2021.
• General Motors average operating margin for 2021 was 8.14%, a 152.01% 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.