• Alexandria Real Estate Equities average operating margin for 2023 was 24.89%, a 4.1% increase from 2022.
• Alexandria Real Estate Equities average operating margin for 2022 was 23.91%, a 10.88% increase from 2021.
• Alexandria Real Estate Equities average operating margin for 2021 was 26.83%, a 2.37% 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.