• Prologis average operating margin for 2023 was 46.16%, a 34.97% increase from 2022.
• Prologis average operating margin for 2022 was 70.98%, a 29.45% decline from 2021.
• Prologis average operating margin for 2021 was 54.83%, a 5.36% 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.