• Andritz average operating margin for 2023 was 7.78%, a 27.54% increase from 2022.
• Andritz average operating margin for 2022 was 6.1%, a 6.09% increase from 2021.
• Andritz average operating margin for 2021 was 5.75%, a 33.72% 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.