• Wayfair average operating margin for 2023 was -9.18%, a 14.04% decline from 2022.
• Wayfair average operating margin for 2022 was -8.05%, a 381.47% increase from 2021.
• Wayfair average operating margin for 2021 was 2.86%, a 170.27% decline 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.