• WillScot Holdings average operating margin for 2023 was 27.53%, a 32.23% decline from 2022.
• WillScot Holdings average operating margin for 2022 was 20.82%, a 27.42% increase from 2021.
• WillScot Holdings average operating margin for 2021 was 16.34%, a 37.08% 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.