• Sealed Air average operating margin for 2023 was 14.57%, a 14.8% decline from 2022.
• Sealed Air average operating margin for 2022 was 17.1%, a 7.68% decline from 2021.
• Sealed Air average operating margin for 2021 was 15.88%, a 6.01% 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.