Equinor Operating Margin 2010-2024 | EQNR
- Equinor average operating margin for 2023 was 42.7%, a 10.97% decline from 2022.
- Equinor average operating margin for 2022 was 47.96%, a 137.43% decline from 2021.
- Equinor average operating margin for 2021 was 20.2%, a 9719.05% 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.