• Valmont Industries average operating margin for 2023 was 9.02%, a 0.67% increase from 2022.
• Valmont Industries average operating margin for 2022 was 8.96%, a 7.56% increase from 2021.
• Valmont Industries average operating margin for 2021 was 8.33%, a 2.21% 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.