• MasTec average operating margin for 2023 was 0.81%, a 63.51% increase from 2022.
• MasTec average operating margin for 2022 was 2.22%, a 66.82% decline from 2021.
• MasTec average operating margin for 2021 was 6.69%, a 6.04% 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.