Xcel Energy Operating Margin 2010-2024 | XEL
- Xcel Energy average operating margin for 2023 was 16.45%, a 2.81% increase from 2022.
- Xcel Energy average operating margin for 2022 was 16%, a 6.05% increase from 2021.
- Xcel Energy average operating margin for 2021 was 17.03%, a 8.29% 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.