• Repsol SA average operating margin for 2023 was 7.51%, a 8.41% decline from 2022.
• Repsol SA average operating margin for 2022 was 8.2%, a 204.83% decline from 2021.
• Repsol SA average operating margin for 2021 was 2.69%, a 120.63% 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.