CRC Financials California Resources Corp

14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 21.7% per year over the past 5 years.
Net income has grown slower than revenue (-28.1% vs 21.7% per year).
Operating margin has expanded, at 20.5% in the latest year.
Free cash flow has grown 47.4% per year over the past 5 years.

Financial health

Total debt ($1.3B) exceeds cash ($132M); net debt is $1.2B.
Total debt has grown slower than revenue (12.2% vs 21.7% per year).
Operating income covered interest expense 5.6× in the latest year.
Total debt is 1.2× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 37.5% of earnings and 25.0% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$2.9B	$363M	0.0%	20.5%	$543M	$1.3B	$132M
2024	$2.5B	$376M	0.0%	24.4%	$355M	$1.1B	$372M
2023	$2.2B	$564M	0.0%	37.5%	$468M	$540M	$496M
2022	$2.6B	$524M	0.0%	30.7%	$311M	$592M	$307M
2021	$2.0B	$612M	0.0%	14.3%	$466M	$589M	$305M
2020	$1.1B	$1.9B	0.0%	-162.9%	$78M	$723M	$203M
2019	$2.3B	-$28M	2.9%	18.9%	$221M	$5.0B	—
2018	$2.6B	$328M	11.4%	29.7%	-$229M	$5.3B	—
2017	$1.9B	-$266M	0.2%	3.8%	-$123M	$5.3B	$20M
2016	$1.6B	$279M	0.0%	-18.1%	$55M	$5.3B	$12M
2015	—	-$3.6B	—	—	$2M	$6.1B	$12M
2014	—	-$1.4B	—	—	$282M	$6.4B	$14M
2013	—	$869M	—	—	$807M	—	$0
2012	—	$699M	—	—	-$108M	—	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$905M	-$711M	0.0%	-78.6%	-$32M	$1.3B	$40M
Dec '25	$679M	$12M	0.0%	6.9%	$115M	$1.3B	$132M
Sep '25	$715M	$64M	0.0%	13.7%	$188M	$1.0B	$196M
Jun '25	$702M	$172M	0.0%	38.0%	$109M	$1.0B	$72M
Mar '25	$814M	$115M	0.0%	22.9%	$131M	$1.0B	$214M
Dec '24	$826M	$33M	0.0%	8.2%	$118M	$1.1B	$372M
Sep '24	$870M	$345M	0.0%	59.5%	$141M	$1.1B	$241M
Jun '24	$412M	$8M	0.0%	9.2%	$63M	$1.2B	$1.0B
Mar '24	$429M	-$10M	0.0%	-0.9%	$33M	$541M	$403M
Dec '23	$483M	$188M	0.0%	58.6%	$65M	$540M	$496M
Sep '23	$510M	-$22M	0.0%	-2.9%	$71M	$589M	$479M
Jun '23	$447M	$97M	0.0%	32.9%	$69M	$593M	$448M
Mar '23	$715M	$301M	0.0%	55.0%	$263M	$592M	$477M
Dec '22	$617M	$83M	0.0%	21.4%	$39M	$592M	$307M
Sep '22	$680M	$426M	0.0%	86.9%	$128M	$591M	$358M
Jun '22	$718M	$190M	0.0%	38.7%	$83M	$591M	—
Mar '22	$628M	-$175M	0.0%	-30.1%	$61M	$590M	—
Dec '21	$589M	$714M	0.0%	56.4%	$138M	$589M	$305M
Sep '21	$549M	$103M	0.0%	22.2%	$131M	$589M	—
Jun '21	$478M	-$111M	0.0%	-18.8%	$77M	$589M	—

Valuation over time

How the market has priced CRC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 6.5× (Mar '23) to 13.2× (Jun '26).
The price-to-sales ratio has risen from 1.3× (Mar '23) to 1.6× (Jun '26).
The dividend yield has risen from 1.7% (Mar '23) to 2.8% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is CRC growing its revenue and profit?

Over the past 5 years, California Resources Corp's revenue has grown 21.7% per year, and net income declined 28.1% per year. These are computed facts, not advice.

How much debt does CRC have?

As of FY2025, California Resources Corp reported $1.3B of total debt against $132M of cash; operating income covered interest expense 5.6×.

What is CRC's profit margin?

In FY2025, gross margin was —, operating margin 20.5%, and net margin 12.5%.

What is CRC's P/E ratio?

As of Jun '26, California Resources Corp traded at a price-to-earnings ratio of about 13.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.