• AZEK average operating margin for 2023 was 7.22%, a 23.44% increase from 2022.
• AZEK average operating margin for 2022 was 9.43%, a 42.88% decline from 2021.
• AZEK average operating margin for 2021 was 6.6%, a 266.67% 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.