• CoStar average operating margin for 2024 was 2.71%, a 81.59% decline from 2023.
• CoStar average operating margin for 2023 was 14.72%, a 33.21% decline from 2022.
• CoStar average operating margin for 2022 was 22.04%, a 13.96% decline from 2021.

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.