• Warner Bros Discovery average operating margin for 2023 was -11.19%, a 18.16% increase from 2022.
• Warner Bros Discovery average operating margin for 2022 was -9.47%, a 152.29% increase from 2021.
• Warner Bros Discovery average operating margin for 2021 was 18.11%, a 29.31% 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.