• Zealand Pharma average operating margin for 2023 was -564.5%, a 27.43% increase from 2022.
• Zealand Pharma average operating margin for 2022 was -777.88%, a 107.18% decline from 2021.
• Zealand Pharma average operating margin for 2021 was -375.47%, a 24.1% 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.