• ATI average operating margin for 2023 was 10.91%, a 71% increase from 2022.
• ATI average operating margin for 2022 was 6.38%, a 120.32% increase from 2021.
• ATI average operating margin for 2021 was -31.39%, a 227.66% 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.