• Sunoco LP average operating margin for 2023 was 2.74%, a 16.72% decline from 2022.
• Sunoco LP average operating margin for 2022 was 3.29%, a 36.73% decline from 2021.
• Sunoco LP average operating margin for 2021 was 5.2%, a 92.59% decline 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.