• Agnico Eagle Mines average operating margin for 2023 was 25.95%, a 0.69% increase from 2022.
• Agnico Eagle Mines average operating margin for 2022 was 26.13%, a 2.43% decline from 2021.
• Agnico Eagle Mines average operating margin for 2021 was 26.78%, a 24.56% 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.