• Archrock average operating margin for 2023 was 20.66%, a 47.15% increase from 2022.
• Archrock average operating margin for 2022 was 14.04%, a 2.84% increase from 2021.
• Archrock average operating margin for 2021 was 14.45%, a 447.35% 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.