• Simpson Manufacturing average operating margin for 2023 was 21.5%, a 7.92% decline from 2022.
• Simpson Manufacturing average operating margin for 2022 was 23.35%, a 8.3% decline from 2021.
• Simpson Manufacturing average operating margin for 2021 was 21.56%, a 13.89% 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.