Civitas Resources
CIVI
#2658
Rank
โ‚ฌ4.75 B
Marketcap
48,33ย โ‚ฌ
Share price
1.15%
Change (1 day)
-38.03%
Change (1 year)

Operating Margin for Civitas Resources (CIVI)

Operating Margin as of September 2024 (TTM): 29.01%

According to Civitas Resources's latest financial reports and stock price the company's current Operating Margin is 29.01%. At the end of 2023 the company had an Operating Margin of 28.73%.

Operating Margin history for Civitas Resources from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202328.73%-34.14%
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.