• SSAB average operating margin for 2023 was -4.89%, a 127.3% decline from 2022.
• SSAB average operating margin for 2022 was 17.91%, a 62.52% decline from 2021.
• SSAB average operating margin for 2021 was 11.02%, a 1066.67% 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.