• Klabin SA average operating margin for 2023 was 29.81%, a 15.48% decline from 2022.
• Klabin SA average operating margin for 2022 was 35.27%, a 21.87% decline from 2021.
• Klabin SA average operating margin for 2021 was 28.94%, a 15.02% 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.