California Resources (CRC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.9B
Gross Profit
2.3B
76.90%
Operating Income
386.0M
13.17%
Net Income
376.0M
12.83%
EPS (Diluted)
$4.62
Balance Sheet Metrics
Total Assets
7.1B
Total Liabilities
3.6B
Shareholders Equity
3.5B
Debt to Equity
1.02
Cash Flow Metrics
Operating Cash Flow
995.0M
Free Cash Flow
610.0M
Revenue & Profitability Trend
California Resources Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.9B | 2.8B | 3.3B | 2.6B | - |
| Cost of Goods Sold | 677.0M | 1.4B | 1.4B | 1.2B | - |
| Gross Profit | 2.3B | 1.4B | 1.8B | 1.4B | - |
| Operating Expenses | 1.6B | 449.0M | 353.0M | 337.0M | 0 |
| Operating Income | 386.0M | 791.0M | 1.3B | 873.0M | - |
| Pre-tax Income | 516.0M | 748.0M | 761.0M | 229.0M | - |
| Income Tax | 140.0M | 184.0M | 237.0M | -396.0M | - |
| Net Income | 376.0M | 564.0M | 524.0M | 625.0M | - |
| EPS (Diluted) | $4.62 | $7.78 | $6.75 | $7.37 | $21.20 |
Income Statement Trend
California Resources Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.0B | 929.0M | 864.0M | 753.0M | 329.0M |
| Non-Current Assets | 6.1B | 3.1B | 3.1B | 3.1B | 2.7B |
| Total Assets | 7.1B | 4.0B | 4.0B | 3.8B | 3.1B |
| Liabilities | |||||
| Current Liabilities | 980.0M | 616.0M | 894.0M | 854.0M | 473.0M |
| Non-Current Liabilities | 2.6B | 1.2B | 1.2B | 1.3B | 1.4B |
| Total Liabilities | 3.6B | 1.8B | 2.1B | 2.2B | 1.9B |
| Equity | |||||
| Total Shareholders Equity | 3.5B | 2.2B | 1.9B | 1.7B | 1.2B |
Balance Sheet Composition
California Resources Cash Flow Statement From 2019 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 376.0M | 564.0M | 524.0M | 625.0M | 99.0M |
| Operating Cash Flow | 995.0M | 753.0M | 207.0M | 70.0M | 770.0M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -1.1B | 23.0M | -329.0M | -161.0M | -394.0M |
| Financing Activities | |||||
| Dividends Paid | -113.0M | -81.0M | -59.0M | -14.0M | 0 |
| Financing Cash Flow | 217.0M | -289.0M | -371.0M | -337.0M | -2.6B |
| Free Cash Flow | 610.0M | 468.0M | 311.0M | 466.0M | 676.0M |
Cash Flow Trend
California Resources Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
7.85
Forward P/E
10.55
Price to Book
1.20
Price to Sales
1.27
PEG Ratio
10.55
Profitability Ratios
Profit Margin
15.13%
Operating Margin
21.08%
Return on Equity
17.86%
Return on Assets
10.26%
Financial Health
Current Ratio
0.83
Debt to Equity
31.17
Beta
1.56
Per Share Data
EPS (TTM)
$6.02
Book Value per Share
$39.43
Revenue per Share
$39.10
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| crc | 4.2B | 7.85 | 1.20 | 17.86% | 15.13% | 31.17 |
| ConocoPhillips | 116.8B | 11.73 | 1.79 | 16.66% | 16.15% | 36.46 |
| Eog Resources | 67.5B | 11.46 | 2.31 | 20.90% | 25.88% | 17.15 |
| Range Resources | 9.0B | 33.76 | 2.28 | 6.99% | 10.39% | 45.68 |
| Apa | 7.3B | 7.29 | 1.35 | 26.18% | 10.04% | 84.96 |
| Comstock Resources | 6.8B | 46.41 | 3.22 | -13.44% | -22.61% | 138.23 |
Financial data is updated regularly. All figures are in the company's reporting currency.