Operating Margin
Operating Margin
These amounts exclude transactions in research funds, federal student financial aid, and the physicians practice entity.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenues | $1,144 | $1,167 (+2%) | $1,158 (-1%) | $1,014 (-12%) | $1,142 (+13%) | $1,210 (+6%) |
| Expenses | $1,116 | $1,139 (+2%) | $1,168 (+3%) | $1,012 (-13%) | $1,118 (+10%) | $1,198 (+6%) |
| Margin ($) | $28 | $28 | -$10 | $2 | $24 | $12 |
| Margin (%) | 2.4% | 2.4% | -0.9% | 0.2% | 2.0% | 1.0% |