• Amcor average operating margin for 2023 was 9.45%, a 2.27% decline from 2022.
• Amcor average operating margin for 2022 was 9.24%, a 8.79% increase from 2021.
• Amcor average operating margin for 2021 was 10.13%, a 19.6% 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.