California Resources (CRC) Gross Margin (2013 - 2026)
California Resources (CRC) recorded Gross Margin of 61.48% in Q3 2026, down 1.56 percentage points from 63.04% a year earlier and down 11.77 percentage points from the prior quarter.
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Analysis
California Resources (CRC) Gross Margin (2013 - 2026) Analysis & Trends
On a TTM basis, California Resources' Gross Margin came in at 65.53% as of Sep 30, 2026, up 0.04 percentage points year-over-year; for FY2025, it came in at 65.88%, down 3.92 percentage points from FY2024.
- Annual Gross Margin has declined for three straight years, though with a four-year change of +0.30 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at 69.79% in FY2024 (-0.86 pp), 70.65% in FY2023 (-0.35 pp), 71.00% in FY2022 (+5.42 pp) and 65.58% in FY2021.
- Quarterly Gross Margin has ranged from 59.67% in Q1 2026 to 80.98% in Q3 2022 over the past five years.
- On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -2.88 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 15.45 percentage points in Q3 2024, against a drop of 19.41 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 73.25% (Q2 2026), 59.67% (Q1 2026) and 64.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | California Resources | 4.26 Bn | 3.99 Bn | 616.00 Mn | 61.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.48% |
| Jun 30, 2026 | 73.25% |
| Mar 31, 2026 | 59.67% |
| Dec 31, 2025 | 64.83% |
| Sep 30, 2025 | 63.04% |
| Jun 30, 2025 | 69.84% |
| Mar 31, 2025 | 65.35% |
| Dec 31, 2024 | 63.17% |
| Sep 30, 2024 | 77.01% |
| Jun 30, 2024 | 69.65% |
| Mar 31, 2024 | 61.23% |
| Dec 31, 2023 | 74.38% |
| Sep 30, 2023 | 61.57% |
| Jun 30, 2023 | 68.53% |
| Mar 31, 2023 | 75.20% |
| Dec 31, 2022 | 70.78% |
| Sep 30, 2022 | 80.98% |
| Jun 30, 2022 | 74.56% |
| Mar 31, 2022 | 71.02% |
| Dec 31, 2021 | 69.10% |
API Access
California Resources Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();