• Brookfield Renewable average operating margin for 2023 was 34.89%, a 4.15% decline from 2022.
• Brookfield Renewable average operating margin for 2022 was 33.5%, a 27.42% increase from 2021.
• Brookfield Renewable average operating margin for 2021 was 26.29%, a 7.75% 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.