The screenshot you posted is not expected behavior in 12.2, I have similar resources on my node details view and they are resolving the variables as expected.
I've run into this kind of problem in the past and it has usually been resolved by a progression of troubleshooting things like restart services, reboot server, run config wizard.
If you have additional web servers or HA or anything like that I'd pursue the same line of actions on all of the related servers because I have seen cases where an AWS won't resolve the variables but a primary would, or vice versa.
Thank you, mesverrum. I'm going through a Solarwinds database move this afternoon; it'll be a perfect time to restart everything and test your findings here.
When I opened a ticket with SW Support, they said this behavior of the GUI is normal. I don't believe it.