Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 22.23% is 25% below its 5-year average of 29.80%, near the low end of its 5-year range (18.25%–46.57%).
As of the fiscal period ended Tuesday, March 31, 2026. 5.35% above its 12-month average of 21.10%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
22.23%
OPERATING MARGIN AVG TTM
21.10%
OPERATING MARGIN AVG 3Y
22.40%
OPERATING MARGIN AVG 5Y
29.80%
OPERATING MARGIN AVG 10Y
26.09%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+5.35%
CURRENT VS 3Y AVG
-0.73%
CURRENT VS 5Y AVG
-25.40%
CURRENT VS 10Y AVG
-14.77%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
15.72%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+41.44%
vs the sector median at left
California Resources Corp
Market Cap
$4.49B
Operating Margin
22.23%
TTM Avg
21.10%
3Y Avg
22.40%
5Y Avg
29.80%
Market Cap
$4.62B
Operating Margin
8.27%
TTM Avg
8.49%
3Y Avg
13.92%
5Y Avg
15.90%
Market Cap
$3.34B
Operating Margin
6.20%
TTM Avg
11.29%
3Y Avg
11.09%
5Y Avg
-4.30%
Market Cap
$5.90B
Operating Margin
12.70%
TTM Avg
16.19%
3Y Avg
14.46%
5Y Avg
3.45%
Market Cap
$3.03B
Operating Margin
6.74%
TTM Avg
11.02%
3Y Avg
14.68%
5Y Avg
17.04%
Market Cap
$2.37B
Operating Margin
-17.89%
TTM Avg
-106.78%
3Y Avg
-51.72%
5Y Avg
-31.09%
Market Cap
$1.30B
Operating Margin
37.53%
TTM Avg
47.39%
3Y Avg
60.23%
5Y Avg
60.44%
Market Cap
$995.64M
Operating Margin
-0.55%
TTM Avg
-4.38%
3Y Avg
0.71%
5Y Avg
1.87%
Market Cap
$739.90M
Operating Margin
4.24%
TTM Avg
-9.52%
3Y Avg
-1.64%
5Y Avg
0.24%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| California Resources Corp (CRC) | $4.49B | 22.23% | 21.10% | 22.40% | 29.80% |
| Enphase Energy, Inc. (ENPH)vs › | $4.62B | 8.27% | 8.49% | 13.92% | 15.90% |
| Helmerich & Payne, Inc. (HP)vs › | $3.34B | 6.20% | 11.29% | 11.09% | -4.30% |
| Weatherford International plc (WFRD)vs › | $5.90B | 12.70% | 16.19% | 14.46% | 3.45% |
| Centrus Energy Corp. (LEU)vs › | $3.03B | 6.74% | 11.02% | 14.68% | 17.04% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.37B | -17.89% | -106.78% | -51.72% | -31.09% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.30B | 37.53% | 47.39% | 60.23% | 60.44% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.55% | -4.38% | 0.71% | 1.87% |
| Array Technologies, Inc. (ARRY)vs › | $739.90M | 4.24% | -9.52% | -1.64% | 0.24% |
| Star Group, L.P. (SGU)vs › | $412.72M | 6.66% | 4.42% | 3.55% | 3.63% |
Gross Margin
37.8%
Operating Margin
22.2%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-03-31 | 22.23% |
| 2025-12-31 | 18.25% |
| 2025-09-30 | 20.50% |
| 2025-06-30 | 21.68% |
| 2025-03-31 | 22.85% |
| 2024-12-31 | 19.87% |
| 2024-09-30 | 24.87% |
| 2024-06-30 | 21.81% |
| 2024-03-31 | 20.19% |
| 2023-12-31 | 29.65% |
| 2023-09-30 | 32.68% |
| 2023-06-30 | 24.46% |
| 2023-03-31 | 36.66% |
| 2022-12-31 | 35.01% |
| 2022-09-30 | 39.80% |
| 2022-06-30 | 45.45% |
| 2022-03-31 | 46.57% |
| 2021-12-31 | 40.03% |
| 2021-09-30 | 38.43% |
| 2021-06-30 | 34.80% |
| 2021-03-31 | 30.03% |
| 2020-12-31 | 11.27% |
| 2020-09-30 | 2.20% |
| 2020-06-30 | -15.71% |
| 2020-03-31 | 15.59% |
| 2019-12-31 | 32.76% |
| 2019-09-30 | 29.81% |
| 2019-06-30 | 24.68% |
| 2019-03-31 | 37.74% |
| 2018-12-31 | 42.18% |
| 2018-09-30 | 43.99% |
| 2018-06-30 | 31.70% |
| 2018-03-31 | 31.99% |
| 2017-12-31 | 22.32% |
| 2017-09-30 | -27.65% |
| 2017-06-30 | 4.44% |
| 2017-03-31 | 11.61% |
| 2016-12-31 | 4.59% |
| 2016-09-30 | 6.38% |
| 2016-06-30 | 12.18% |
| 2016-03-31 | -41.21% |
| 2015-12-31 | -10.70% |
| 2015-09-30 | -18.10% |
| 2015-06-30 | -8.60% |
| 2015-03-31 | -20.45% |
| 2014-12-31 | -137.68% |
| 2014-09-30 | 65.75% |
| 2014-06-30 | 68.77% |
| 2014-03-31 | 37.11% |
| 2013-12-31 | 35.74% |
| 2013-09-30 | 38.75% |
| 2013-06-30 | 32.48% |
| 2013-03-31 | 34.54% |
