Financial Overview

Latest Annual: 2024

Income 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

Metric20242023202220212020
Revenue2.9B2.8B3.3B2.6B-
Cost of Goods Sold677.0M1.4B1.4B1.2B-
Gross Profit2.3B1.4B1.8B1.4B-
Operating Expenses1.6B449.0M353.0M337.0M0
Operating Income386.0M791.0M1.3B873.0M-
Pre-tax Income516.0M748.0M761.0M229.0M-
Income Tax140.0M184.0M237.0M-396.0M-
Net Income376.0M564.0M524.0M625.0M-
EPS (Diluted)$4.62$7.78$6.75$7.37$21.20

Income Statement Trend

California Resources Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets1.0B929.0M864.0M753.0M329.0M
Non-Current Assets6.1B3.1B3.1B3.1B2.7B
Total Assets7.1B4.0B4.0B3.8B3.1B
Liabilities
Current Liabilities980.0M616.0M894.0M854.0M473.0M
Non-Current Liabilities2.6B1.2B1.2B1.3B1.4B
Total Liabilities3.6B1.8B2.1B2.2B1.9B
Equity
Total Shareholders Equity3.5B2.2B1.9B1.7B1.2B

Balance Sheet Composition

California Resources Cash Flow Statement From 2019 to 2024

Metric20242023202220212019
Operating Activities
Net Income376.0M564.0M524.0M625.0M99.0M
Operating Cash Flow995.0M753.0M207.0M70.0M770.0M
Investing Activities
Capital Expenditures-----
Investing Cash Flow-1.1B23.0M-329.0M-161.0M-394.0M
Financing Activities
Dividends Paid-113.0M-81.0M-59.0M-14.0M0
Financing Cash Flow217.0M-289.0M-371.0M-337.0M-2.6B
Free Cash Flow610.0M468.0M311.0M466.0M676.0M

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
crc4.2B7.851.2017.86%15.13%31.17
ConocoPhillips 116.8B11.731.7916.66%16.15%36.46
Eog Resources 67.5B11.462.3120.90%25.88%17.15
Range Resources 9.0B33.762.286.99%10.39%45.68
Apa 7.3B7.291.3526.18%10.04%84.96
Comstock Resources 6.8B46.413.22-13.44%-22.61%138.23

Financial data is updated regularly. All figures are in the company's reporting currency.