• Weatherford average operating margin for 2023 was 14.56%, a 124.35% increase from 2022.
• Weatherford average operating margin for 2022 was 6.49%, a 214.87% increase from 2021.
• Weatherford average operating margin for 2021 was -5.65%, a 85.92% 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.