California Resources Corporation
CRC
Operating Margin for California Resources Corporation (CRC)
Operating Margin as of September 2023 (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 |
|---|---|---|
| 2022 | 23.36% | 161.63% |
| 2021 | 8.93% | -92.32% |
| 2020 | 116.28% | 3031.51% |
| 2019 | 3.71% | -73.49% |
| 2018 | 14.01% | -212.05% |
| 2017 | -12.50% | -209.02% |
| 2016 | 11.47% | -105.03% |
| 2015 | -227.88% | 292.79% |
| 2014 | -58.02% | -271.8% |
| 2013 | 33.77% | 16.46% |
| 2012 | 29.00% | -30.42% |
| 2011 | 41.67% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 TransGlobe Energy TGA | 0.00% | N/A | 🇨🇦 Canada |
 Matador Resources MTDR | 46.99% | 26.08% | 🇺🇸 USA |
 W&T Offshore WTI | 30.92% | -17.04% | 🇺🇸 USA |
 Bonanza Creek Energy
BCEI | 4.20% | -88.74% | 🇺🇸 USA |
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.