• Teck Resources average operating margin for 2023 was 32.23%, a 24.99% decline from 2022.
• Teck Resources average operating margin for 2022 was 42.97%, a 117.24% decline from 2021.
• Teck Resources average operating margin for 2021 was 19.78%, a 126.58% 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.