• Exelon average operating margin for 2023 was 17.82%, a 6.39% increase from 2022.
• Exelon average operating margin for 2022 was 16.75%, a 89.05% increase from 2021.
• Exelon average operating margin for 2021 was 8.86%, a 51.32% 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.