• Mid-America Apartment Communities average operating margin for 2023 was 32.22%, a 10.27% decline from 2022.
• Mid-America Apartment Communities average operating margin for 2022 was 29.22%, a 15.18% increase from 2021.
• Mid-America Apartment Communities average operating margin for 2021 was 25.37%, a 3.02% 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.