• Dominion Energy average operating margin for 2023 was 18.23%, a 42.2% increase from 2022.
• Dominion Energy average operating margin for 2022 was 12.82%, a 29.17% increase from 2021.
• Dominion Energy average operating margin for 2021 was 18.1%, a 14.05% 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.