• Paramount Global average operating margin for 2023 was -1.94%, a 114.87% decline from 2022.
• Paramount Global average operating margin for 2022 was 13.05%, a 31.53% decline from 2021.
• Paramount Global average operating margin for 2021 was 19.06%, a 39.33% 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.