• Crocs average operating margin for 2023 was 26.25%, a 3.63% decline from 2022.
• Crocs average operating margin for 2022 was 25.33%, a 0.43% increase from 2021.
• Crocs average operating margin for 2021 was 25.44%, a 109.9% 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.