• Ventas average operating margin for 2023 was 10.25%, a 14.87% increase from 2022.
• Ventas average operating margin for 2022 was 12.04%, a 2.43% decline from 2021.
• Ventas average operating margin for 2021 was 12.34%, a 21.4% 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.