• Commercial Metals average operating margin for 2023 was 13.65%, a 2.01% decline from 2022.
• Commercial Metals average operating margin for 2022 was 13.93%, a 61.98% decline from 2021.
• Commercial Metals average operating margin for 2021 was 8.6%, a 8.45% increase 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.