• Packaging Of America average operating margin for 2023 was 14.72%, a 14.27% decline from 2022.
• Packaging Of America average operating margin for 2022 was 17.17%, a 25.24% decline from 2021.
• Packaging Of America average operating margin for 2021 was 13.71%, a 12.19% 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.