• Baxter average operating margin for 2024 was 4.56%, a 133.04% decline from 2023.
• Baxter average operating margin for 2023 was -13.8%, a 83.75% decline from 2022.
• Baxter average operating margin for 2022 was -7.51%, a 157.33% increase from 2021.

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.