• Kroger average operating margin for 2023 was 2.3%, a 19.01% increase from 2022.
• Kroger average operating margin for 2022 was 2.84%, a 56.04% decline from 2021.
• Kroger average operating margin for 2021 was 1.82%, a 18.02% 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.