California Resources Corporation | Mid-cap | Energy
$48.75
-6.11%
| California Resources Stock Comparison:
California Resources vs ConocoPhillipsCalifornia Resources vs Canadian NaturalCalifornia Resources vs Range ResourcesCalifornia Resources vs Permian ResourcesCalifornia Resources vs ApaCalifornia Resources vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 816.0M
Gross Profit 347.0M 42.52%
Operating Income 108.0M 13.24%
Net Income 172.0M 21.08%
EPS (Diluted) $1.92

Balance Sheet Metrics

Total Assets 6.8B
Total Liabilities 3.3B
Shareholders Equity 3.5B
Debt to Equity 0.94

Cash Flow Metrics

Operating Cash Flow 263.0M
Free Cash Flow 186.0M

Revenue & Profitability Trend

California Resources Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 2.9B 2.8B 3.3B 2.6B -
Cost of Goods Sold i 1.6B 1.4B 1.4B 1.2B -
Gross Profit i 1.3B 1.4B 1.8B 1.4B -
Gross Margin % i 45.9% 49.9% 55.9% 52.8% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 321.0M 267.0M 222.0M 200.0M -
Other Operating Expenses i 395.0M 182.0M 131.0M 137.0M -
Total Operating Expenses i 716.0M 449.0M 353.0M 337.0M 0
Operating Income i 386.0M 791.0M 1.3B 873.0M -
Operating Margin % i 13.2% 28.1% 40.1% 34.0% 0.0%
Non-Operating Items
Interest Income i 26.0M - - - -
Interest Expense i 87.0M 56.0M 53.0M 54.0M -
Other Non-Operating Income 191.0M 13.0M -492.0M -590.0M -
Pre-tax Income i 516.0M 748.0M 761.0M 229.0M -
Income Tax i 140.0M 184.0M 237.0M -396.0M -
Effective Tax Rate % i 27.1% 24.6% 31.1% -172.9% 0.0%
Net Income i 376.0M 564.0M 524.0M 625.0M -
Net Margin % i 12.8% 20.0% 16.1% 24.4% 0.0%
Key Metrics
EBITDA i 788.0M 1.0B 1.5B 1.1B -
EPS (Basic) i $4.74 $8.10 $6.94 $7.46 $21.20
EPS (Diluted) i $4.62 $7.78 $6.75 $7.37 $21.20
Basic Shares Outstanding i 79300000 69600000 75500000 82000000 83319660
Diluted Shares Outstanding i 79300000 69600000 75500000 82000000 83319660

Income Statement Trend

California Resources Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 372.0M 496.0M 307.0M 305.0M 28.0M
Short-term Investments i - - - - -
Accounts Receivable i 330.0M 216.0M 326.0M 245.0M 177.0M
Inventory i 90.0M 72.0M 60.0M 60.0M 61.0M
Other Current Assets 43.0M 18.0M 12.0M 9.0M 1.0M
Total Current Assets i 1.0B 929.0M 864.0M 753.0M 329.0M
Non-Current Assets
Property, Plant & Equipment i 105.0M 3.2B 3.0B 2.6B 2.4B
Goodwill i - - - - -
Intangible Assets i - - - - -
Long-term Investments 16.0M 6.0M 7.0M 1.0M -
Other Non-Current Assets 152.0M 154.0M 181.0M 418.0M 90.0M
Total Non-Current Assets i 6.1B 3.1B 3.1B 3.1B 2.7B
Total Assets i 7.1B 4.0B 4.0B 3.8B 3.1B
Liabilities
Current Liabilities
Accounts Payable i 369.0M 245.0M 345.0M 266.0M 212.0M
Short-term Debt i 15.0M 15.0M 18.0M 11.0M 7.0M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 64.0M 42.0M 342.0M 373.0M 53.0M
Total Current Liabilities i 980.0M 616.0M 894.0M 854.0M 473.0M
Non-Current Liabilities
Long-term Debt i 1.2B 595.0M 644.0M 626.0M 632.0M
Deferred Tax Liabilities i 113.0M - - - -
Other Non-Current Liabilities 147.0M 62.0M 56.0M 6.0M 19.0M
Total Non-Current Liabilities i 2.6B 1.2B 1.2B 1.3B 1.4B
Total Liabilities i 3.6B 1.8B 2.1B 2.2B 1.9B
Equity
Common Stock i 1.0M 1.0M 1.0M 1.0M 1.0M
Retained Earnings i 1.7B 1.4B 938.0M 475.0M -123.0M
Treasury Stock i 796.0M 604.0M 461.0M 148.0M 0
Other Equity - - - - -
Total Shareholders Equity i 3.5B 2.2B 1.9B 1.7B 1.2B
Key Metrics
Total Debt i 1.2B 610.0M 662.0M 637.0M 639.0M
Working Capital i 44.0M 313.0M -30.0M -101.0M -144.0M

Balance Sheet Composition

California Resources Cash Flow Statement From 2019 to 2024

Metric 2024 2023 2022 2021 2019
Operating Activities
Net Income i 376.0M 564.0M 524.0M 625.0M 99.0M
Depreciation & Amortization i 388.0M 225.0M 198.0M 213.0M 471.0M
Stock-Based Compensation i - - - - -
Working Capital Changes i 85.0M 98.0M -46.0M -115.0M 21.0M
Operating Cash Flow i 995.0M 753.0M 207.0M 70.0M 770.0M
Investing Activities
Capital Expenditures i - - - - -
Acquisitions i -859.0M -5.0M -29.0M -52.0M -6.0M
Investment Purchases i -255.0M - -379.0M -194.0M -540.0M
Investment Sales i 29.0M - 1.0M 20.0M -
Investing Cash Flow i -1.1B 23.0M -329.0M -161.0M -394.0M
Financing Activities
Share Repurchases i -234.0M -146.0M -313.0M -148.0M -3.0M
Dividends Paid i -113.0M -81.0M -59.0M -14.0M 0
Debt Issuance i 918.0M 0 0 600.0M 0
Debt Repayment i -338.0M -56.0M 0 -615.0M -2.5B
Financing Cash Flow i 217.0M -289.0M -371.0M -337.0M -2.6B
Free Cash Flow i 610.0M 468.0M 311.0M 466.0M 676.0M
Net Change in Cash i 135.0M 487.0M -493.0M -428.0M -2.3B

Cash Flow Trend

California Resources Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 6.85
Forward P/E 11.97
Price to Book 1.32
Price to Sales 1.24
PEG Ratio 0.00

Profitability Ratios

Profit Margin 18.35%
Operating Margin 36.66%
Return on Equity 24.36%
Return on Assets 12.42%

Financial Health

Current Ratio 0.78
Debt to Equity 32.05
Beta 1.54

Per Share Data

EPS (TTM) $7.83
Book Value per Share $40.72
Revenue per Share $40.31

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
crc 4.5B 6.85 1.32 24.36% 18.35% 32.05
ConocoPhillips 119.4B 12.77 1.81 15.93% 15.47% 35.88
Canadian Natural 69.3B 11.62 1.66 20.61% 21.90% 44.70
Range Resources 9.4B 19.49 2.24 12.02% 17.15% 33.54
Permian Resources 9.2B 8.06 0.93 13.11% 22.41% 38.18
Apa 9.0B 8.68 1.52 20.44% 11.03% 67.57

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