• Subsea 7 SA average operating margin for 2023 was 2.6%, a 49.43% decline from 2022.
• Subsea 7 SA average operating margin for 2022 was 1.74%, a 124.82% increase from 2021.
• Subsea 7 SA average operating margin for 2021 was -7.01%, a 70.51% 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.