• Zillow average operating margin for 2024 was -11.18%, a 8.88% decline from 2023.
• Zillow average operating margin for 2023 was -12.27%, a 668.06% decline from 2022.
• Zillow average operating margin for 2022 was 2.16%, a 68.74% decline from 2021.

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.