Pershing Square PS Operating margin

Operating margin at other companies

NNN REITNNN

63.3%-2.6pp

SSR MiningSSRM

36.7%—

RepligenRGEN

1.5%-14.0pp

MYR GroupMYRG

5.2%+3.3pp

Boyd GamingBYD

17.4%-5.5pp

Power IntegrationsPOWI

1.1%-4.5pp