• UFP Industries average operating margin for 2023 was 9.24%, a 4.55% decline from 2022.
• UFP Industries average operating margin for 2022 was 9.68%, a 24.1% decline from 2021.
• UFP Industries average operating margin for 2021 was 7.8%, a 24.01% 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.