California Resources has its operating margin is negative at -20.3%, its EBITDA margin is negative at -2.4%, and its net margin is negative at -18.1%, alongside a gross margin of 39.2%, an operating margin of -20.3%, an EBITDA margin of -2.4%, and a net margin of -18.1%. Operating margin had the largest decline, falling by 37.4 percentage points, while the other available margins also weakened.
CRC margin history
Over the last 3 years, California Resources recorded average margins of 54.85% gross, 13.03% operating, 25.73% EBITDA, and 6.71% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.
CRC margin expansion
Operating margin led the decline, falling by 37.4 percentage points, while the other available margins also decreased.
CRC Gross margin
California Resources recorded an average gross margin of 54.85% across the last 3 years. Against its three-year average, California Resources's gross margin is currently 39.2%, 15.7 percentage points below its three-year average. Looking back over the last 3 years, California Resources's gross margin reached 62.7% at its highest point in Sep 2024 and 39.2% at its lowest in Sep 2026.
CRC Operating margin
Over the last 3 years, the average operating margin for California Resources was 13.03%. Currently, California Resources's current operating margin is -20.3%, which is 33.3 percentage points below its three-year average. California Resources's operating margin ranged from a low of -20.3% in Sep 2026 to a high of 28.8% in Dec 2023.
CRC EBITDA margin
Across the last 3 years, California Resources's EBITDA margin averaged 25.73%. Currently, California Resources's current EBITDA margin is -2.4%, which is 28.1 percentage points below its three-year average. EBITDA margin was highest at 38.3% in Jun 2025 and lowest at -2.4% in Sep 2026.
CRC Net margin
Looking back over the last 3 years, California Resources recorded an average net margin of 6.71%. California Resources's current net margin is -18.1% and is 24.8 percentage points below its three-year average. The highest net margin for California Resources was 20.1% in Dec 2023, while the lowest was -18.1% in Sep 2026.
CRC margin group comparison
With a gross margin of 39.2%, CRC ranks lower than the Energy sector and the industry average. In comparison with the Energy sector average of 42.7%, California Resources's gross margin is 8% lower.
CRC margin peer comparison
Frequently asked questions
What is California Resources's gross margin?
For the period ending Sep 30, 2026, CRC recorded a gross margin of 39.2%.
What is California Resources's operating margin?
The current operating margin for CRC is -20.3% as of Sep 30, 2026.
What is California Resources's EBITDA margin?
As of Sep 30, 2026, CRC has an EBITDA margin of -2.4%.
What is California Resources's net margin?
As of Sep 30, 2026, CRC has a negative net margin of -18.1%.
What are the average margins of CRC?
Looking back over 3 years, CRC recorded average margins of 54.9% gross, 13.0% operating, 25.7% EBITDA, and 6.7% net.
What are the highest historical margins of CRC?
Across the 5-year period, CRC posted its highest margins at 62.7% gross in Sep 2024, 38.8% operating in Mar 2023, 45.8% EBITDA in Sep 2022, and 43.4% net in Sep 2022.
What are the lowest historical margins of CRC?
Across the 5-year period, CRC posted its lowest margins at 38.9% gross in Mar 2022, -20.3% operating in Sep 2026, -2.4% EBITDA in Sep 2026, and -18.1% net in Sep 2026.