Usually means: Profitability after operational costs deducted.
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We found 12 dictionaries that define the word Operating margin:

General (3 matching dictionaries)
  1. operating margin: Longman Dictionary of Contemporary English
  2. operating margin: Dictionary.com
  3. Operating margin: Wikipedia, the Free Encyclopedia

Business (9 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. OPERATING MARGIN: Accounting Glossary
  3. Operating margin: Moneyterms
  4. operating margin: Finance-Glossary.com
  5. Operating Margin: Investopedia
  6. Operating Margin: Financial dictionary
  7. Accounting, Business Studies and Economics Dictionary (No longer online)
  8. BusinessDictionary.com (No longer online)

Definitions from Wikipedia (Operating margin)

noun:  In business, operating margin—also known as operating income margin, operating profit margin, EBIT margin and return on sales—is the ratio of operating income ("operating profit" in the UK) to net sales, usually expressed in percent.

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