• Clorox average operating margin for 2023 was 4.55%, a 55.48% increase from 2022.
• Clorox average operating margin for 2022 was 10.22%, a 7.18% decline from 2021.
• Clorox average operating margin for 2021 was 11.01%, a 44.05% decline 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.