• Barrick Gold average operating margin for 2023 was 23.64%, a 26.36% increase from 2022.
• Barrick Gold average operating margin for 2022 was 32.1%, a 15.66% decline from 2021.
• Barrick Gold average operating margin for 2021 was 38.06%, a 5.72% 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.