• Darling Ingredients average operating margin for 2023 was 15.02%, a 10.44% decline from 2022.
• Darling Ingredients average operating margin for 2022 was 16.77%, a 2.95% decline from 2021.
• Darling Ingredients average operating margin for 2021 was 16.29%, a 1.12% 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.