• Credit Acceptance average operating margin for 2023 was 39.34%, a 37.85% decline from 2022.
• Credit Acceptance average operating margin for 2022 was 63.3%, a 15.31% decline from 2021.
• Credit Acceptance average operating margin for 2021 was 74.74%, a 55.77% 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.