• Range Resources average operating margin for 2023 was 47.02%, a 75.45% decline from 2022.
• Range Resources average operating margin for 2022 was 26.8%, a 254.02% increase from 2021.
• Range Resources average operating margin for 2021 was -17.4%, a 62.9% 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.