• Colgate-Palmolive average operating margin for 2023 was 17.26%, a 0.12% increase from 2022.
• Colgate-Palmolive average operating margin for 2022 was 17.24%, a 22.27% increase from 2021.
• Colgate-Palmolive average operating margin for 2021 was 22.18%, a 4.93% 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.