• ArcelorMittal average operating margin for 2024 was 3.02%, a 50.49% increase from 2023.
• ArcelorMittal average operating margin for 2023 was 6.1%, a 67.86% decline from 2022.
• ArcelorMittal average operating margin for 2022 was 18.98%, a 12.17% decline from 2021.

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.