• PulteGroup average operating margin for 2023 was 21.38%, a 5.89% increase from 2022.
• PulteGroup average operating margin for 2022 was 20.19%, a 15.24% increase from 2021.
• PulteGroup average operating margin for 2021 was 17.52%, a 19.84% increase 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.