• FirstCash Holdings average operating margin for 2023 was 11.5%, a 24.59% increase from 2022.
• FirstCash Holdings average operating margin for 2022 was 9.23%, a 22.5% increase from 2021.
• FirstCash Holdings average operating margin for 2021 was 11.91%, a 7.1% 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.