• Cameco average operating margin for 2023 was 6.74%, a 5084.62% increase from 2022.
• Cameco average operating margin for 2022 was 0.13%, a 102.02% increase from 2021.
• Cameco average operating margin for 2021 was -6.43%, a 447.57% 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.