CRC · California Resources Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $905.00M | - | $855.00M | $978.00M | $912.00M | - | $1.35B | $514.00M | $454.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $106.00M | - | $87.00M | $79.00M | $72.00M | - | $106.00M | $63.00M | $57.00M | - |
| Total Operating Expenses | $830.00M | - | $756.00M | $711.00M | $726.00M | - | $835.00M | $477.00M | $464.00M | - |
| D&A | $133.00M | - | $123.00M | $128.00M | $131.00M | - | $140.00M | $53.00M | $53.00M | - |
| Operating Income | ($711.00M) | - | $98.00M | $267.00M | $186.00M | - | $518.00M | $38.00M | ($4.00M) | - |
| Interest Expense | $29.00M | - | $25.00M | $25.00M | $13.00M | - | - | - | - | - |
| Income Tax | ($49.00M) | - | $11.00M | $70.00M | $47.00M | - | $138.00M | $3.00M | ($9.00M) | - |
| Net Income | ($711.00M) | - | $64.00M | $172.00M | $115.00M | - | $345.00M | $8.00M | ($10.00M) | - |
| EPS - Basic | ($8.02) | - | $0.76 | $1.93 | $1.27 | - | $3.86 | $0.12 | ($0.14) | - |
| EPS - Diluted | ($8.02) | - | $0.76 | $1.92 | $1.26 | - | $3.78 | $0.11 | ($0.14) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $40.00M | $132.00M | $196.00M | $72.00M | $214.00M | $372.00M | $241.00M | $1.03B | $403.00M | $496.00M |
| Accounts Receivable | $454.00M | $333.00M | $286.00M | $297.00M | $308.00M | $330.00M | $313.00M | $175.00M | $192.00M | $216.00M |
| Inventory | $107.00M | $106.00M | $94.00M | $93.00M | $91.00M | $90.00M | $75.00M | $56.00M | $70.00M | $72.00M |
| Accounts Payable | $472.00M | $452.00M | $316.00M | $329.00M | $340.00M | $369.00M | $351.00M | $248.00M | $251.00M | $245.00M |
| Current Assets | $788.00M | $938.00M | $812.00M | $728.00M | $799.00M | $1.02B | $872.00M | $1.44B | $839.00M | $929.00M |
| Total Assets | $7.15B | $7.40B | $6.75B | $6.71B | $6.83B | $7.13B | $7.13B | $4.49B | $3.91B | $4.00B |
| Current Liabilities | $1.44B | $1.05B | $917.00M | $928.00M | $961.00M | $980.00M | $897.00M | $593.00M | $594.00M | $616.00M |
| Long-term Debt | $1.31B | $1.28B | $889.00M | $888.00M | $888.00M | $1.13B | $1.13B | $1.16B | $541.00M | $540.00M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $2.92B | $3.67B | $3.44B | $2.05B | $2.09B | $3.54B | $3.50B | $2.05B | $2.09B | $2.22B |
| Retained Earnings | $1.16B | $1.91B | $1.93B | $1.90B | $1.76B | $1.68B | $1.68B | $1.37B | $1.39B | $1.42B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $99.00M | - | $279.00M | $165.00M | $186.00M | - | $220.00M | $97.00M | $87.00M | - |
| Investing Cash Flow | ($136.00M) | - | ($87.00M) | ($51.00M) | ($79.00M) | - | ($928.00M) | ($33.00M) | ($49.00M) | - |
| Financing Cash Flow | ($55.00M) | - | ($68.00M) | ($256.00M) | ($265.00M) | - | ($82.00M) | $564.00M | ($131.00M) | - |
| CapEx | $131.00M | - | $91.00M | $56.00M | $55.00M | - | $79.00M | $34.00M | $54.00M | - |
| Free Cash Flow | ($32.00M) | - | $188.00M | $109.00M | $131.00M | - | $141.00M | $63.00M | $33.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -78.6% | - | 11.5% | 27.3% | 20.4% | - | 38.3% | 7.4% | -0.9% | - |
| EBITDA margin | -63.9% | - | 25.8% | 40.4% | 34.8% | - | 48.6% | 17.7% | 10.8% | - |
| Net margin | -78.6% | - | 7.5% | 17.6% | 12.6% | - | 25.5% | 1.6% | -2.2% | - |
| Free cash flow margin | -3.5% | - | 22.0% | 11.1% | 14.4% | - | 10.4% | 12.3% | 7.3% | - |
| FCF / Net income | 0.05 | - | 2.94 | 0.63 | 1.14 | - | 0.41 | 7.88 | -3.30 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.7% | - | 10.2% | 8.1% | 7.9% | - | 7.8% | 12.3% | 12.6% | - |
| Effective tax rate | - | - | 14.7% | 28.9% | 29.0% | - | 28.6% | 27.3% | - | - |
| Return on assets | -9.9% | - | 0.9% | 2.6% | 1.7% | - | 4.8% | 0.2% | -0.3% | - |
| Return on equity | -24.4% | - | 1.9% | 8.4% | 5.5% | - | 9.9% | 0.4% | -0.5% | - |
| Return on invested capital | -13.3% | - | 1.9% | 6.5% | 4.4% | - | 8.0% | 0.9% | -0.1% | - |
| Liquidity | ||||||||||
| Current ratio | 0.55 | 0.89 | 0.89 | 0.78 | 0.83 | 1.04 | 0.97 | 2.43 | 1.41 | 1.51 |
| Quick ratio | 0.47 | 0.79 | 0.78 | 0.68 | 0.74 | 0.95 | 0.89 | 2.33 | 1.29 | 1.39 |
| Cash ratio | 0.03 | 0.13 | 0.21 | 0.08 | 0.22 | 0.38 | 0.27 | 1.74 | 0.68 | 0.81 |
| Leverage | ||||||||||
| Debt / Equity | 0.45 | 0.35 | 0.26 | 0.43 | 0.42 | 0.32 | 0.32 | 0.57 | 0.26 | 0.24 |
| Debt / Assets | 0.18 | 0.17 | 0.13 | 0.13 | 0.13 | 0.16 | 0.16 | 0.26 | 0.14 | 0.14 |
| Debt / EBITDA | - | - | 4.02 | 2.25 | 2.80 | - | 1.72 | 12.76 | 11.04 | - |
| Interest coverage | -24.5x | - | 3.9x | 10.7x | 14.3x | - | - | - | - | - |
| Equity multiplier | 2.45 | 2.01 | 1.96 | 3.27 | 3.26 | 2.02 | 2.04 | 2.19 | 1.87 | 1.80 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.13 | 0.15 | 0.13 | - | 0.19 | 0.11 | 0.12 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 183d | - | 122d | 111d | 123d | - | 84d | 124d | 154d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 70.0x | 23.8x | 34.9x | - | 13.9x | 483.8x | - | - |
| P / B | 2.1x | - | 1.3x | 2.0x | 1.9x | - | 1.4x | 1.8x | 1.8x | - |
| P / S | 6.8x | - | 5.2x | 4.2x | 4.4x | - | 3.5x | 7.2x | 8.4x | - |
| EV / EBITDA | - | - | 23.4x | 12.4x | 14.8x | - | 8.6x | 42.4x | 80.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -0.8% | - | -36.8% | 90.3% | 100.9% | - | 165.3% | -13.0% | -55.7% | - |
| Revenue CAGR (3y) | -4.0% | - | -8.7% | 9.4% | 13.2% | - | 32.0% | 2.4% | 1.7% | - |
| Revenue CAGR (5y) | 15.9% | - | 15.9% | 28.8% | 9.7% | - | 14.7% | -4.7% | -8.0% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -81.1% | 602.6% | - | - | - | -74.1% | - | - |
| Net income growth (YoY) | - | - | -81.4% | 2050.0% | - | - | - | -91.8% | - | - |
| EPS growth (YoY) | - | - | -79.9% | 1645.5% | - | - | - | -91.9% | - | - |
| EPS CAGR (3y) | - | - | -48.5% | -7.3% | - | - | 44.6% | - | - | - |
| EPS CAGR (5y) | - | - | -19.2% | - | - | - | 14.9% | -14.4% | - | - |
| FCF growth (YoY) | - | - | 33.3% | 73.0% | 297.0% | - | 98.6% | -8.7% | -87.5% | - |
| FCF CAGR (5y) | - | - | - | - | -7.9% | - | - | - | 4.1% | - |
| Book value growth (YoY) | 39.4% | 3.8% | -1.7% | 0.0% | 0.0% | 59.4% | 70.8% | -2.7% | 0.0% | 19.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.87B totalReportable Segment$2.96B · 50.4%
Oil And Natural Gas Segment$2.91B · 49.6%
Product / service
$2.91B totalOil And Condensate$2.65B · 90.9%
Public Utilities Inventory Propane$164.00M · 5.6%
Natural Gas Production$99.00M · 3.4%
Product And Service Other$3.00M · 0.1%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing California Resources Corp against the 5 most active filers in the same SIC group.
Dividends
$1.60/share trailing 12 months · +3.3% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.4050 |
| Mar 13, 2026 | $0.4050 |
| Dec 1, 2025 | $0.4050 |
| Aug 27, 2025 | $0.3880 |
| May 30, 2025 | $0.3880 |
| Mar 10, 2025 | $0.3880 |
| Dec 2, 2024 | $0.3880 |
| Aug 30, 2024 | $0.3880 |
| May 31, 2024 | $0.3100 |
| Mar 5, 2024 | $0.3100 |
| Nov 30, 2023 | $0.3100 |
| Aug 31, 2023 | $0.2830 |
| May 31, 2023 | $0.2830 |
| Mar 3, 2023 | $0.2830 |
| Nov 30, 2022 | $0.2830 |
| Aug 31, 2022 | $0.1700 |
| May 31, 2022 | $0.1700 |
| Mar 4, 2022 | $0.1700 |
| Nov 30, 2021 | $0.1700 |