• Akzo Nobel average operating margin for 2023 was 7.71%, a 14.99% increase from 2022.
• Akzo Nobel average operating margin for 2022 was 9.07%, a 22.35% decline from 2021.
• Akzo Nobel average operating margin for 2021 was 11.68%, a 13.4% 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.