• Equifax average operating margin for 2023 was 17.48%, a 20.51% increase from 2022.
• Equifax average operating margin for 2022 was 21.99%, a 2.61% decline from 2021.
• Equifax average operating margin for 2021 was 21.43%, a 56.42% 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.