Civitas Resources
CIVI
Operating Margin for Civitas Resources (CIVI)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 43.62% | 61.22% |
| 2021 | 27.06% | 37.28% |
| 2020 | 19.71% | -7.96% |
| 2019 | 21.41% | -64.78% |
| 2018 | 60.79% | |
| 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.