• Rexford Industrial Realty average operating margin for 2023 was 35.82%, a 4.92% increase from 2022.
• Rexford Industrial Realty average operating margin for 2022 was 34.14%, a 10.56% increase from 2021.
• Rexford Industrial Realty average operating margin for 2021 was 30.88%, a 6.01% 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.