• Barrick Gold average operating margin for 2023 was 24.01%, a 28.86% increase from 2022.
• Barrick Gold average operating margin for 2022 was 33.75%, a 12.66% decline from 2021.
• Barrick Gold average operating margin for 2021 was 38.64%, a 6.33% 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.