• Olin average operating margin for 2023 was 13.42%, a 35.45% decline from 2022.
• Olin average operating margin for 2022 was 20.79%, a 135.45% decline from 2021.
• Olin average operating margin for 2021 was 8.83%, a 218.05% 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.