• Zealand Pharma average operating margin for 2023 was -438.53%, a 30.32% decline from 2022.
• Zealand Pharma average operating margin for 2022 was -629.35%, a 86.05% decline from 2021.
• Zealand Pharma average operating margin for 2021 was -338.27%, a 25.53% 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.