• Waste Management average operating margin for 2023 was 17.42%, a 3.14% increase from 2022.
• Waste Management average operating margin for 2022 was 16.89%, a 2.05% increase from 2021.
• Waste Management average operating margin for 2021 was 16.55%, a 0.49% 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.