• Church & Dwight average operating margin for 2023 was 12.91%, a 24.99% decline from 2022.
• Church & Dwight average operating margin for 2022 was 17.21%, a 17.89% decline from 2021.
• Church & Dwight average operating margin for 2021 was 20.96%, a 0.9% 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.