• Mohawk Industries average operating margin for 2023 was -1.79%, a 125.18% decline from 2022.
• Mohawk Industries average operating margin for 2022 was 7.11%, a 35.42% decline from 2021.
• Mohawk Industries average operating margin for 2021 was 11.01%, a 72.03% 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.