• Republic Services average operating margin for 2023 was 18.04%, a 0.11% increase from 2022.
• Republic Services average operating margin for 2022 was 18.02%, a 0.06% increase from 2021.
• Republic Services average operating margin for 2021 was 18.01%, a 5.38% 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.