• Flagstar Financial average operating margin for 2023 was 45.36%, a 0.69% decline from 2022.
• Flagstar Financial average operating margin for 2022 was 45.05%, a 3.52% increase from 2021.
• Flagstar Financial average operating margin for 2021 was 43.52%, a 46.73% 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.