• W.P Carey average operating margin for 2023 was 42.29%, a 2.36% decline from 2022.
• W.P Carey average operating margin for 2022 was 43.31%, a 3.78% decline from 2021.
• W.P Carey average operating margin for 2021 was 45.01%, a 8.09% 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.