• PVH average operating margin for 2023 was 6.09%, a 30.48% increase from 2022.
• PVH average operating margin for 2022 was 8.76%, a 91.27% decline from 2021.
• PVH average operating margin for 2021 was 4.58%, a 174.25% 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.