• Brookfield average operating margin for 2023 was 15.31%, a 2.13% increase from 2022.
• Brookfield average operating margin for 2022 was 14.99%, a 2.54% increase from 2021.
• Brookfield average operating margin for 2021 was 15.38%, a 3.64% 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.