• Fortune Brands Innovations average operating margin for 2023 was 14.51%, a 22.24% increase from 2022.
• Fortune Brands Innovations average operating margin for 2022 was 18.66%, a 10.28% decline from 2021.
• Fortune Brands Innovations average operating margin for 2021 was 16.92%, a 27.99% 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.