• Air Products And Chemicals average operating margin for 2023 was 19.1%, a 0.88% increase from 2022.
• Air Products And Chemicals average operating margin for 2022 was 19.27%, a 13.51% decline from 2021.
• Air Products And Chemicals average operating margin for 2021 was 22.28%, a 12.21% 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.