• Alphabet average operating margin for 2023 was 26.26%, a 8.21% increase from 2022.
• Alphabet average operating margin for 2022 was 28.61%, a 0.1% decline from 2021.
• Alphabet average operating margin for 2021 was 28.64%, a 36.38% 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.