Is the business good?
How good a business is CRGY?
Crescent Energy Company earns 7.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
7.0%
Return on invested capital · cost of capital 9.0% · 2.0 points below what the capital costs: growth destroys value
- Operating margin
- 21%
Operating margin · Oil & Gas E&P median 30% · 12 months to Q2 2026
| Year | Operating margin |
|---|---|
| FY2020 | −50% |
| FY2021 | 33% |
| FY2022 | 42% |
| FY2023 | 14% |
| FY2024 | 7.4% |
| FY2025 | 6.4% |
Details›
- Operating margin12 months to Q2 2026
- 21%
- Net margin12 months to Q2 2026
- 1.3%
- Free cash flow margin
- 33%
- Revenue, trailing twelve months
- $4.31B
- Free cash flow, trailing twelve months
- $1.42B
- Net income, trailing twelve months
- $55M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 7.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.