• Sun Communities average operating margin for 2024 was 12.94%, a 29.53% decline from 2023.
• Sun Communities average operating margin for 2023 was 9.99%, a 47.31% increase from 2022.
• Sun Communities average operating margin for 2022 was 18.96%, a 0.05% decline from 2021.

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.