• Paramount Global average operating margin for 2023 was -1.26%, a 108.32% increase from 2022.
• Paramount Global average operating margin for 2022 was 15.15%, a 19.37% decline from 2021.
• Paramount Global average operating margin for 2021 was 18.79%, a 42.78% 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.