• Masco average operating margin for 2023 was 15.78%, a 2.07% increase from 2022.
• Masco average operating margin for 2022 was 15.46%, a 15.38% increase from 2021.
• Masco average operating margin for 2021 was 18.27%, a 6.1% 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.