• Kion Group average operating margin for 2023 was 3.47%, a 14.11% increase from 2022.
• Kion Group average operating margin for 2022 was 4.04%, a 41.87% decline from 2021.
• Kion Group average operating margin for 2021 was 6.95%, a 8.76% 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.