• Berry Global average operating margin for 2023 was 8.53%, a 0.59% decline from 2022.
• Berry Global average operating margin for 2022 was 8.48%, a 12.31% increase from 2021.
• Berry Global average operating margin for 2021 was 9.67%, a 6.66% 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.