• Societe Generale Group average operating margin for 2023 was 24.85%, a 4.39% decline from 2022.
• Societe Generale Group average operating margin for 2022 was 25.99%, a 38.39% decline from 2021.
• Societe Generale Group average operating margin for 2021 was 18.78%, a 14.51% 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.