• Suzano S.A average operating margin for 2023 was 39.25%, a 7.17% decline from 2022.
• Suzano S.A average operating margin for 2022 was 42.28%, a 5.59% decline from 2021.
• Suzano S.A average operating margin for 2021 was 40.04%, a 97.73% 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.