• Cardinal Health average operating margin for 2023 was 0.38%, a 235.71% increase from 2022.
• Cardinal Health average operating margin for 2022 was -0.28%, a 168.29% decline from 2021.
• Cardinal Health average operating margin for 2021 was 0.41%, a 135.96% 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.