• Louisiana-Pacific average operating margin for 2023 was 13.19%, a 66.33% increase from 2022.
• Louisiana-Pacific average operating margin for 2022 was 39.18%, a 10.12% decline from 2021.
• Louisiana-Pacific average operating margin for 2021 was 43.59%, a 359.81% 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.