• Waste Connections average operating margin for 2023 was 16.6%, a 2.35% decline from 2022.
• Waste Connections average operating margin for 2022 was 17%, a 17.65% decline from 2021.
• Waste Connections average operating margin for 2021 was 14.45%, a 49.59% 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.