California Resources (CRC) Operating Margin (2013 - 2026)
California Resources (CRC) posted Operating Margin of -40.62% for Q3 2026, down 52.08 percentage points from 11.46% a year earlier and down 80.02 percentage points from the prior quarter.
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Analysis
California Resources (CRC) Operating Margin (2013 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at California Resources was -13.57%, down 30.66 percentage points year-over-year; for FY2025, it was 16.30%, down 3.09 percentage points from FY2024.
- Annual Operating Margin has declined for three consecutive years, though with a four-year change of +1.99 percentage points (FY2021 to FY2025).
- In prior years, California Resources' Operating Margin was 19.39% in FY2024 (-9.46 pp), 28.85% in FY2023 (-1.15 pp), 30.00% in FY2022 (+15.69 pp) and 14.31% in FY2021.
- Quarterly Operating Margin has run from a low of -78.56% in Q1 2026 to a high of 52.53% in Q3 2022 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -19.81 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2023, with a gain of 68.47 percentage points; the weakest was Q1 2026, with a drop of 98.96 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 39.40% (Q2 2026), -78.56% (Q1 2026) and 5.09% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | California Resources | 4.26 Bn | 3.99 Bn | 616.00 Mn | -40.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -40.62% |
| Jun 30, 2026 | 39.40% |
| Mar 31, 2026 | -78.56% |
| Dec 31, 2025 | 5.09% |
| Sep 30, 2025 | 11.46% |
| Jun 30, 2025 | 27.30% |
| Mar 31, 2025 | 20.39% |
| Dec 31, 2024 | 7.75% |
| Sep 30, 2024 | 38.29% |
| Jun 30, 2024 | 7.39% |
| Mar 31, 2024 | -0.88% |
| Dec 31, 2023 | 9.92% |
| Sep 30, 2023 | -2.94% |
| Jun 30, 2023 | 24.87% |
| Mar 31, 2023 | 38.38% |
| Dec 31, 2022 | 19.38% |
| Sep 30, 2022 | 52.53% |
| Jun 30, 2022 | 37.22% |
| Mar 31, 2022 | -30.10% |
| Dec 31, 2021 | 56.37% |
API Access
California Resources Operating 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=operating-margin&ticker=CRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();