• Generac Holdings average operating margin for 2023 was 9.19%, a 38.16% increase from 2022.
• Generac Holdings average operating margin for 2022 was 14.86%, a 28.93% decline from 2021.
• Generac Holdings average operating margin for 2021 was 20.91%, a 19.21% 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.