• Western Midstream Partners, LP average operating margin for 2023 was 45.66%, a 5.29% increase from 2022.
• Western Midstream Partners, LP average operating margin for 2022 was 48.21%, a 2.17% decline from 2021.
• Western Midstream Partners, LP average operating margin for 2021 was 49.28%, a 75.06% 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.