• Schneider National average operating margin for 2023 was 7.52%, a 22.15% decline from 2022.
• Schneider National average operating margin for 2022 was 9.66%, a 20% decline from 2021.
• Schneider National average operating margin for 2021 was 8.05%, a 48.8% 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.