• EMCOR average operating margin for 2023 was 6.13%, a 22.6% increase from 2022.
• EMCOR average operating margin for 2022 was 5%, a 2.04% increase from 2021.
• EMCOR average operating margin for 2021 was 4.9%, a 49.85% 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.