• Essential Properties Realty Trust average operating margin for 2023 was 66.36%, a 10.09% decline from 2022.
• Essential Properties Realty Trust average operating margin for 2022 was 60.28%, a 19.04% increase from 2021.
• Essential Properties Realty Trust average operating margin for 2021 was 50.64%, a 16.05% 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.