• Carvana average operating margin for 2024 was 4.47%, a 141.39% increase from 2023.
• Carvana average operating margin for 2023 was -10.8%, a 24.71% decline from 2022.
• Carvana average operating margin for 2022 was -8.66%, a 441.25% increase 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.