• American Financial average operating margin for 2023 was 14.12%, a 23.18% decline from 2022.
• American Financial average operating margin for 2022 was 18.38%, a 6.37% decline from 2021.
• American Financial average operating margin for 2021 was 17.28%, a 14500% 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.