California Resources Corporation
CRC
#2833
Rank
$4.65 B
Marketcap
$52.17
Share price
0.42%
Change (1 day)
12.90%
Change (1 year)

Operating Margin for California Resources Corporation (CRC)

Operating Margin as of July 2024 (TTM): 37.27%

According to California Resources Corporation 's latest financial reports and stock price the company's current Operating Margin is 37.27%. At the end of 2022 the company had an Operating Margin of 23.36%.

Operating Margin history for California Resources Corporation from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202223.36%161.63%
20218.93%-92.32%
2020116.28%3031.51%
20193.71%-73.49%
201814.01%-212.05%
2017-12.50%-209.02%
201611.47%-105.03%
2015-227.88%292.79%
2014-58.02%-271.8%
201333.77%16.46%
201229.00%-30.42%
201141.67%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.20%-88.74%๐Ÿ‡บ๐Ÿ‡ธ USA
30.92%-17.04%๐Ÿ‡บ๐Ÿ‡ธ USA
46.99% 26.08%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡จ๐Ÿ‡ฆ Canada

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.