• Inpex average operating margin for 2023 was 47.25%, a 2.99% increase from 2022.
• Inpex average operating margin for 2022 was 45.88%, a 1.25% increase from 2021.
• Inpex average operating margin for 2021 was 46.46%, a 1.46% 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.