• Essential Utilities average operating margin for 2023 was 30.41%, a 2.7% increase from 2022.
• Essential Utilities average operating margin for 2022 was 29.61%, a 9.67% increase from 2021.
• Essential Utilities average operating margin for 2021 was 32.78%, a 1.27% 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.