• Floor & Decor Holdings average operating margin for 2023 was 8.04%, a 10.27% decline from 2022.
• Floor & Decor Holdings average operating margin for 2022 was 8.96%, a 14.42% decline from 2021.
• Floor & Decor Holdings average operating margin for 2021 was 10.47%, a 25.84% 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.