• Primoris Services average operating margin for 2024 was 4.89%, a 13.72% increase from 2023.
• Primoris Services average operating margin for 2023 was 4.3%, a 4.44% increase from 2022.
• Primoris Services average operating margin for 2022 was 4.5%, a 9.27% decline from 2021.

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.