• Alcon average operating margin for 2023 was 9.1%, a 11.25% increase from 2022.
• Alcon average operating margin for 2022 was 8.18%, a 129.78% increase from 2021.
• Alcon average operating margin for 2021 was 3.56%, a 151% 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.