• Primerica average operating margin for 2023 was 29.03%, a 19.22% increase from 2022.
• Primerica average operating margin for 2022 was 24.35%, a 5.18% increase from 2021.
• Primerica average operating margin for 2021 was 23.15%, a 1.62% 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.