• Coca-Cola Consolidated average operating margin for 2023 was 12.17%, a 33.44% increase from 2022.
• Coca-Cola Consolidated average operating margin for 2022 was 9.12%, a 16.77% increase from 2021.
• Coca-Cola Consolidated average operating margin for 2021 was 7.81%, a 57.14% 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.