Civitas Resources
CIVI
#2127
Rank
$7.30 B
Marketcap
$72.96
Share price
0.32%
Change (1 day)
3.54%
Change (1 year)

Operating Margin for Civitas Resources (CIVI)

Operating Margin as of July 2024 (TTM): 44.44%

According to Civitas Resources's latest financial reports and stock price the company's current Operating Margin is 44.44%. At the end of 2022 the company had an Operating Margin of 43.62%.

Operating Margin history for Civitas Resources from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202243.62%61.22%
202127.06%37.28%
202019.71%-7.96%
201921.41%-64.78%
201860.79%
2016-101.87%-67.25%
2015-311.07%

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.