• BCE average operating margin for 2023 was 21.47%, a 3.59% increase from 2022.
• BCE average operating margin for 2022 was 22.27%, a 2.25% decline from 2021.
• BCE average operating margin for 2021 was 21.78%, a 4.89% increase 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.