• Kraft Heinz average operating margin for 2023 was 16.16%, a 36.26% decline from 2022.
• Kraft Heinz average operating margin for 2022 was 11.86%, a 21.87% increase from 2021.
• Kraft Heinz average operating margin for 2021 was 15.18%, a 99.47% 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.