• CareTrust REIT average operating margin for 2023 was 60.99%, a 13.83% increase from 2022.
• CareTrust REIT average operating margin for 2022 was 53.58%, a 2.46% increase from 2021.
• CareTrust REIT average operating margin for 2021 was 54.93%, a 4.25% 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.