California Resources (CRC) Financials

$42.07 -0.18 (-0.43%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$41.64 -0.43 (-1.01%)

As of 05/23/2025 04:25 PM Eastern

Annual Income Statements for California Resources

This table shows California Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	376	564	524	612	-28	328	-266	279	-3,554
Consolidated Net Income / (Loss)	376	564	524	625	99	429	-262	279	-3,554
Net Income / (Loss) Continuing Operations	376	564	524	625	99	424	-262	279	-3,554
Total Pre-Tax Income	516	748	761	229	100	429	-262	201	-5,476
Total Operating Income	620	808	812	293	429	769	73	-293	-5,142
Total Gross Profit	2,884	2,407	2,205	1,546	2,325	2,717	2,006	1,547	2,403
Total Revenue	3,198	2,801	2,707	1,889	2,634	3,064	2,006	1,547	2,403
Operating Revenue	2,957	2,813	3,258	2,565	2,693	3,063	2,096	1,753	2,270
Other Revenue	241	-12	-551	-676	-59	1.00	-90	-206	133
Total Cost of Revenue	314	394	502	343	309	347	0.00	0.00	0.00
Operating Cost of Revenue	314	394	502	343	309	347	-	-	-
Total Operating Expenses	2,264	1,599	1,393	1,253	1,896	1,943	1,912	1,840	7,545
Selling, General & Admin Expense	321	267	222	200	290	299	249	235	354
Marketing Expense	966	822	785	705	895	912	876	800	951
Depreciation Expense	388	225	198	213	471	502	544	559	1,004
Other Operating Expenses / (Income)	586	314	245	224	211	201	242	223	348
Impairment Charge	14	3.00	2.00	28	0.00	0.00	-	-	4,852
Other Special Charges / (Income)	-11	-32	-59	-124	0.00	-5.00	-21	-	0.00
Total Other Income / (Expense), net	-104	-60	-51	-64	-329	-345	-356	494	-334
Interest Expense	92	57	53	56	257	322	343	328	326
Interest & Investment Income	-10	-9.00	-1.00	0.00	-	-	-	-	-
Other Income / (Expense), net	-2.00	6.00	3.00	-8.00	-72	-23	-13	822	-8.00
Income Tax Expense	140	184	237	-396	1.00	0.00	0.00	-78	-1,922
Basic Earnings per Share	$4.74	$8.10	$6.94	$7.46	($0.57)	$6.77	($6.26)	$6.76	($92.79)
Weighted Average Basic Shares Outstanding	79.30M	69.60M	75.50M	82M	49M	48.40M	42.50M	41.30M	38.30M
Diluted Earnings per Share	$4.62	$7.78	$6.75	$7.37	($0.57)	$6.77	($6.26)	$6.76	($92.79)
Weighted Average Diluted Shares Outstanding	81.40M	72.50M	77.60M	83M	49M	48.40M	42.50M	41.30M	38.30M
Weighted Average Basic & Diluted Shares Outstanding	90.78M	69.27M	71.49M	78.74M	49.18M	48.40M	42.50M	41.30M	38.30M
Cash Dividends to Common per Share	$1.40	$1.16	$0.79	$0.17	-	-	-	-	$0.30

This table shows California Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	115	33	345	8.00	-10	188	-22	97	301	83	426
Consolidated Net Income / (Loss)	115	33	345	8.00	-10	188	-22	97	301	83	426
Net Income / (Loss) Continuing Operations	115	33	345	8.00	-10	188	-22	97	301	83	426
Total Pre-Tax Income	162	41	483	11	-19	267	-30	135	376	117	579
Total Operating Income	186	68	518	38	-4.00	283	-15	147	393	132	591
Total Gross Profit	832	794	1,278	440	372	648	390	535	834	502	972
Total Revenue	912	877	1,353	514	454	726	460	591	1,024	682	1,125
Operating Revenue	906	926	997	509	525	607	664	560	982	814	882
Other Revenue	6.00	-49	356	5.00	-71	119	-204	31	42	-132	243
Total Cost of Revenue	80	83	75	74	82	78	70	56	190	180	153
Operating Cost of Revenue	80	83	75	74	82	78	70	56	190	180	153
Total Operating Expenses	646	726	760	402	376	365	405	388	441	370	381
Selling, General & Admin Expense	72	95	106	63	57	66	65	71	65	59	59
Marketing Expense	316	323	311	156	176	186	196	186	254	199	214
Depreciation Expense	131	142	140	53	53	55	56	56	58	49	50
Other Operating Expenses / (Income)	127	171	202	118	95	85	88	74	67	65	59
Other Special Charges / (Income)	0.00	-4.00	0.00	-1.00	-6.00	-25	0.00	0.00	-7.00	1.00	-2.00
Total Other Income / (Expense), net	-24	-27	-35	-27	-15	-16	-15	-12	-17	-15	-12
Interest Expense	28	28	34	17	13	14	15	14	14	14	13
Interest & Investment Income	-1.00	-1.00	-2.00	-4.00	-3.00	-3.00	-3.00	-1.00	-2.00	-1.00	0.00
Other Income / (Expense), net	5.00	2.00	1.00	-6.00	1.00	1.00	3.00	3.00	-1.00	-	1.00
Income Tax Expense	47	8.00	138	3.00	-9.00	79	-8.00	38	75	34	153
Basic Earnings per Share	$1.27	$0.90	$3.86	$0.12	($0.14)	$2.81	($0.32)	$1.39	$4.22	$0.94	$5.75
Weighted Average Basic Shares Outstanding	90.60M	79.30M	89.40M	68.10M	69M	69.60M	68.70M	69.70M	71.30M	75.50M	74.10M
Diluted Earnings per Share	$1.26	$0.87	$3.78	$0.11	($0.14)	$2.66	($0.32)	$1.35	$4.09	$0.99	$5.58
Weighted Average Diluted Shares Outstanding	91.20M	81.40M	91.20M	70M	69M	72.50M	68.70M	71.90M	73.50M	77.60M	76.30M
Weighted Average Basic & Diluted Shares Outstanding	89.18M	90.78M	91.71M	67.88M	68.53M	69.27M	68.62M	68.96M	70.55M	71.49M	73.47M
Cash Dividends to Common per Share	$0.39	-	$0.39	$0.31	$0.31	-	$0.28	$0.28	$0.28	-	$0.17

This table details how cash moves in and out of California Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-124	189	2.00	277	0.00	-3.00	8.00	0.00	-2.00
Net Cash From Operating Activities	610	653	690	660	676	461	248	130	403
Net Cash From Continuing Operating Activities	610	653	690	660	676	461	248	130	403
Net Income / (Loss) Continuing Operations	376	564	524	625	99	429	-262	279	-3,554
Consolidated Net Income / (Loss)	376	564	524	625	99	429	-262	279	-3,554
Depreciation Expense	388	225	198	213	471	502	544	559	1,004
Non-Cash Adjustments To Reconcile Net Income	-128	-177	-201	325	182	-178	137	-448	5,309
Changes in Operating Assets and Liabilities, net	-26	41	169	-503	-6.00	-216	-97	-189	-2,353
Net Cash From Investing Activities	-1,077	-175	-317	-161	-394	-1,156	-313	-61	-757
Net Cash From Continuing Investing Activities	-1,077	-175	-317	-161	-394	-1,156	-313	-61	-757
Purchase of Property, Plant & Equipment	-261	-190	-396	-194	-455	-690	-371	-75	-401
Acquisitions	-853	0.00	0.00	-52	-6.00	-547	0.00	0.00	-151
Sale of Property, Plant & Equipment	15	32	80	67	164	18	33	20	0.00
Sale and/or Maturity of Investments	0.00	0.00	12	0.00	-	-	-	-	-
Other Investing Activities, net	22	-17	-13	18	-97	63	25	-6.00	-205
Net Cash From Financing Activities	343	-289	-371	-222	-282	692	73	-69	352
Net Cash From Continuing Financing Activities	343	-289	-371	-222	-282	692	73	-69	352
Repayment of Debt	-351	-64	0.00	-628	-2,511	-2,849	-2,988	-2,291	-1,679
Repurchase of Common Equity	-192	-143	-313	-148	0.00	-	-	-	-
Payment of Dividends	-113	-81	-59	-64	-151	-121	-8.00	0.00	-12
Issuance of Debt	918	0.00	0.00	616	2,330	2,823	2,970	2,218	2,035
Issuance of Common Equity	2.00	2.00	1.00	2.00	53	850	101	4.00	8.00
Other Financing Activities, net	79	-3.00	0.00	0.00	-3.00	-11	-2.00	0.00	0.00

This table details how cash moves in and out of California Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-158	131	-790	628	-93	17	31	-29	170	-51	34
Net Cash From Operating Activities	186	206	220	97	87	131	104	108	310	114	235
Net Cash From Continuing Operating Activities	186	206	220	97	87	131	104	108	310	114	235
Net Income / (Loss) Continuing Operations	115	33	345	8.00	-10	188	-22	97	301	83	426
Consolidated Net Income / (Loss)	115	33	345	8.00	-10	188	-22	97	301	83	426
Depreciation Expense	131	142	140	53	53	55	56	56	58	49	50
Non-Cash Adjustments To Reconcile Net Income	-29	96	-326	44	58	-158	135	-64	-90	-	-412
Changes in Operating Assets and Liabilities, net	-31	-65	61	-8.00	-14	46	-65	19	41	-18	171
Net Cash From Investing Activities	-79	-67	-928	-33	-49	-42	-28	-44	-61	-79	-109
Net Cash From Continuing Investing Activities	-79	-67	-928	-33	-49	-42	-28	-44	-61	-79	-109
Purchase of Property, Plant & Equipment	-55	-88	-85	-34	-54	-70	-34	-39	-47	-92	-107
Sale of Property, Plant & Equipment	0.00	3.00	-	2.00	10	32	-	-	0.00	1.00	3.00
Other Investing Activities, net	-24	18	4.00	5.00	-5.00	-4.00	5.00	-4.00	-14	-5.00	-17
Net Cash From Financing Activities	-265	-8.00	-82	564	-131	-72	-45	-93	-79	-86	-92
Net Cash From Continuing Financing Activities	-265	-8.00	-82	564	-131	-72	-45	-93	-79	-86	-92
Repayment of Debt	-123	-8.00	-340	-	-	-51	-5.00	-	-	-	-
Repurchase of Common Equity	-101	-57	-42	-35	-58	-	-20	-64	-59	-66	-80
Payment of Dividends	-35	-36	-34	-22	-21	-22	-19	-20	-20	-20	-13
Issuance of Common Equity	6.00	-	-1.00	2.00	1.00	1.00	-	-	1.00	-	1.00
Other Financing Activities, net	-12	93	37	2.00	-53	-	-1.00	-1.00	-1.00	-	-

This table presents California Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	7,135	3,998	3,967	3,846	3,074	6,958	7,158	6,207	6,354	7,053
Total Current Assets	1,024	929	864	753	329	491	640	483	425	438
Cash & Equivalents	372	496	307	305	28	17	17	20	12	12
Accounts Receivable	376	235	359	245	177	277	299	277	232	200
Inventories, net	90	72	60	60	61	67	69	56	58	58
Other Current Assets	176	113	133	121	63	130	255	130	123	168
Other Current Nonoperating Assets	10	13	5.00	22	0.00	-	-	-	-	-
Plant, Property, & Equipment, net	5,680	2,770	2,786	2,599	2,655	6,352	6,455	5,696	5,885	6,312
Plant, Property & Equipment, gross	6,738	3,437	3,228	2,845	2,689	22,889	22,523	21,260	20,915	20,996
Accumulated Depreciation	1,058	667	442	246	34	16,537	16,068	15,564	15,030	14,684
Total Noncurrent Assets	431	299	317	494	90	115	63	28	44	303
Long-Term Investments	86	19	13	0.00	-	-	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	73	132	164	396	0.00	-	-	-	-	-
Other Noncurrent Operating Assets	272	148	140	98	90	115	63	28	44	303
Total Liabilities & Shareholders' Equity	7,135	3,998	3,967	3,846	3,074	6,958	7,158	6,207	6,354	7,053
Total Liabilities	3,597	1,779	2,103	2,158	1,892	6,452	6,649	6,927	6,911	7,969
Total Current Liabilities	980	616	894	854	473	709	607	732	726	605
Accounts Payable	369	245	345	266	212	296	390	257	219	257
Accrued Expenses	611	366	298	297	211	313	217	475	407	222
Other Current Nonoperating Liabilities	0.00	5.00	5.00	21	0.00	-	-	-	-	-
Total Noncurrent Liabilities	2,617	1,163	1,209	1,304	1,419	5,743	6,042	6,195	6,185	7,364
Long-Term Debt	1,132	540	592	589	597	5,023	5,251	5,306	5,168	6,043
Asset Retirement Reserve & Litigation Obligation	995	422	432	438	547	-	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	113	0.00	-	-	-	-	-	-	-	-
Other Noncurrent Operating Liabilities	377	201	185	277	275	720	791	889	1,017	1,321
Total Equity & Noncontrolling Interests	3,538	2,219	1,864	1,688	1,182	-296	-247	-720	-557	-916
Total Preferred & Common Equity	3,538	2,219	1,864	1,688	1,138	-389	-361	-814	-557	-916
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,538	2,219	1,864	1,688	1,138	-389	-361	-814	-557	-916
Common Stock	2,579	1,330	1,306	1,289	1,269	5,004	4,987	4,879	4,861	4,782
Retained Earnings	1,680	1,419	938	475	-123	-5,370	-5,342	-5,670	-5,404	-5,683
Treasury Stock	-796	-604	-461	-148	0.00	-	-	-	-	-
Accumulated Other Comprehensive Income / (Loss)	75	74	81	72	-8.00	-23	-6.00	-23	-14	-15

This table presents California Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	6,827	7,128	4,490	3,910	3,952	3,900	4,000	3,986
Total Current Assets	799	872	1,439	839	929	867	972	884
Cash & Equivalents	214	241	1,031	403	479	448	477	358
Accounts Receivable	351	359	236	258	269	212	279	321
Inventories, net	91	75	56	70	71	69	64	59
Other Current Assets	133	184	103	95	97	125	139	143
Other Current Nonoperating Assets	10	13	13	13	13	13	13	3.00
Plant, Property, & Equipment, net	5,618	5,836	2,773	2,793	2,722	2,745	2,764	2,734
Plant, Property & Equipment, gross	6,808	6,752	3,548	3,514	3,336	3,303	3,266	3,126
Accumulated Depreciation	1,190	916	775	721	614	558	502	392
Total Noncurrent Assets	410	420	278	278	301	288	264	368
Long-Term Investments	82	84	17	16	15	14	14	14
Noncurrent Deferred & Refundable Income Taxes	60	50	139	139	150	108	117	230
Other Noncurrent Operating Assets	268	286	122	123	136	166	133	124
Total Liabilities & Shareholders' Equity	6,827	7,128	4,490	3,910	3,952	3,900	4,000	3,986
Total Liabilities	3,311	3,627	2,438	1,817	1,902	1,790	1,908	2,131
Total Current Liabilities	961	897	593	594	694	582	717	932
Short-Term Debt	122	-	-	-	-	-	-	-
Accounts Payable	340	351	248	251	224	206	260	305
Accrued Expenses	499	541	340	338	362	299	298	371
Total Noncurrent Liabilities	2,350	2,730	1,845	1,223	1,208	1,208	1,191	1,199
Long-Term Debt	888	1,131	1,161	541	589	593	592	591
Asset Retirement Reserve & Litigation Obligation	989	1,083	436	429	388	411	424	397
Noncurrent Deferred & Payable Income Tax Liabilities	134	124	-	-	-	-	-	-
Other Noncurrent Operating Liabilities	339	392	248	253	231	204	175	211
Total Equity & Noncontrolling Interests	3,516	3,501	2,052	2,093	2,050	2,110	2,092	1,855
Total Preferred & Common Equity	3,516	3,501	2,052	2,093	2,050	2,110	2,092	1,855
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,516	3,501	2,052	2,093	2,050	2,110	2,092	1,855
Common Stock	2,581	2,480	1,303	1,296	1,325	1,318	1,312	1,302
Retained Earnings	1,759	1,683	1,374	1,387	1,253	1,295	1,219	876
Treasury Stock	-897	-739	-697	-662	-604	-584	-520	-395
Accumulated Other Comprehensive Income / (Loss)	73	77	72	72	76	81	81	72

This table displays calculated financial ratios and metrics derived from California Resources' official financial filings.

Metric	2024	2023	2022	2021	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	14.17%	3.47%	43.30%	0.00%	-14.03%	52.74%	29.67%	-35.62%	-42.42%
EBITDA Growth	-3.18%	2.57%	103.41%	0.00%	-35.32%	121.13%	-47.89%	124.51%	-260.47%
EBIT Growth	-24.08%	-0.12%	185.96%	0.00%	-52.14%	1,143.33%	-88.66%	110.27%	-119.24%
NOPAT Growth	-25.84%	8.96%	-30.08%	0.00%	-44.77%	1,404.89%	112.56%	88.70%	-118.90%
Net Income Growth	-33.33%	7.63%	-16.16%	0.00%	-76.92%	263.74%	-193.91%	107.85%	-147.84%
EPS Growth	-40.62%	15.26%	-8.41%	0.00%	-108.42%	208.15%	-192.60%	107.29%	-147.18%
Operating Cash Flow Growth	-6.59%	-5.36%	4.55%	0.00%	46.64%	85.89%	90.77%	-67.74%	-83.00%
Free Cash Flow Firm Growth	-397.35%	29.21%	0.00%	0.00%	236.20%	-321.62%	68.44%	-23.35%	123.29%
Invested Capital Growth	87.92%	4.68%	8.37%	0.00%	-2.28%	25.78%	-2.83%	-9.89%	-41.78%
Revenue Q/Q Growth	4.96%	1.60%	1.81%	0.00%	-15.09%	25.52%	0.15%	-6.86%	-9.56%
EBITDA Q/Q Growth	-11.21%	17.93%	-16.90%	0.00%	-34.43%	73.37%	-12.97%	121.92%	-61.19%
EBIT Q/Q Growth	-25.72%	22.96%	-19.86%	0.00%	-51.82%	199.60%	-54.89%	110.07%	-41.37%
NOPAT Q/Q Growth	-24.39%	20.81%	-54.07%	0.00%	-46.38%	313.00%	-39.67%	88.94%	-41.15%
Net Income Q/Q Growth	-29.19%	22.88%	-54.63%	0.00%	-80.81%	537.76%	-28.43%	109.54%	-50.40%
EPS Q/Q Growth	-27.93%	27.33%	-52.96%	0.00%	-107.17%	284.47%	-39.42%	108.47%	-110.98%
Operating Cash Flow Q/Q Growth	14.02%	2.67%	-11.54%	0.00%	11.18%	10.82%	18.10%	-4.41%	-56.00%
Free Cash Flow Firm Q/Q Growth	3.21%	15.66%	-40.95%	100.00%	22.40%	17.38%	-36.89%	-68.83%	0.00%
Invested Capital Q/Q Growth	-2.26%	4.63%	3.04%	29.42%	1.03%	10.08%	0.64%	-0.95%	-40.54%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	90.18%	85.93%	81.46%	81.84%	88.27%	88.67%	100.00%	100.00%	100.00%
EBITDA Margin	31.46%	37.09%	37.42%	26.36%	28.78%	38.25%	26.42%	65.74%	-172.66%
Operating Margin	19.39%	28.85%	30.00%	15.51%	16.29%	25.10%	3.64%	-18.94%	-213.98%
EBIT Margin	19.32%	29.06%	30.11%	15.09%	13.55%	24.35%	2.99%	34.20%	-214.32%
Profit (Net Income) Margin	11.76%	20.14%	19.36%	33.09%	3.76%	14.00%	-13.06%	18.03%	-147.90%
Tax Burden Percent	72.87%	75.40%	68.86%	272.93%	99.00%	100.00%	100.00%	138.81%	64.90%
Interest Burden Percent	83.50%	91.89%	93.37%	80.35%	28.01%	57.51%	-436.67%	38.00%	106.33%
Effective Tax Rate	27.13%	24.60%	31.14%	-172.93%	1.00%	0.00%	0.00%	-38.81%	0.00%
Return on Invested Capital (ROIC)	14.03%	27.87%	27.23%	40.57%	7.48%	14.92%	1.10%	-8.20%	-50.80%
ROIC Less NNEP Spread (ROIC-NNEP)	-8.22%	-3.44%	14.57%	-21.15%	1.18%	8.46%	-4.84%	3.84%	-50.07%
Return on Net Nonoperating Assets (RNNOA)	-0.97%	-0.24%	2.28%	-3.55%	12.03%	-421.55%	39.93%	-29.68%	-368.56%
Return on Equity (ROE)	13.06%	27.63%	29.50%	37.03%	19.51%	-406.64%	41.03%	-37.88%	-419.35%
Cash Return on Invested Capital (CROIC)	-47.04%	23.30%	19.19%	0.00%	9.79%	-7.92%	3.97%	2.20%	2.01%
Operating Return on Assets (OROA)	11.10%	20.44%	20.86%	8.24%	5.06%	11.16%	0.96%	7.89%	-52.87%
Return on Assets (ROA)	6.75%	14.16%	13.41%	18.06%	1.40%	6.42%	-4.17%	4.16%	-36.49%
Return on Common Equity (ROCE)	13.06%	27.63%	29.50%	36.46%	-14.41%	-2,264.44%	44.05%	-37.88%	-419.35%
Return on Equity Simple (ROE_SIMPLE)	10.63%	25.42%	28.11%	37.03%	-25.45%	-118.84%	32.19%	-50.09%	387.99%
Net Operating Profit after Tax (NOPAT)	452	609	559	800	425	769	51	-407	-3,599
NOPAT Margin	14.13%	21.75%	20.65%	42.33%	16.12%	25.10%	2.55%	-26.29%	-149.79%
Net Nonoperating Expense Percent (NNEP)	22.26%	31.31%	12.65%	61.72%	6.30%	6.46%	5.94%	-12.04%	-0.73%
Return On Investment Capital (ROIC_SIMPLE)	9.67%	22.08%	22.77%	-	-	-	-	-	-
Cost of Revenue to Revenue	9.82%	14.07%	18.54%	18.16%	11.73%	11.33%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	10.04%	9.53%	8.20%	10.59%	11.01%	9.76%	12.41%	15.19%	14.73%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	70.79%	57.09%	51.46%	66.33%	71.98%	63.41%	95.31%	118.94%	313.98%
Earnings before Interest and Taxes (EBIT)	618	814	815	285	357	746	60	529	-5,150
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,006	1,039	1,013	498	758	1,172	530	1,017	-4,149
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.08	1.76	1.63	1.95	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.08	1.76	1.63	1.95	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.19	1.40	1.12	1.74	0.00	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	10.14	6.94	5.80	5.38	0.00	0.00	0.00	0.00	0.00
Dividend Yield	2.69%	2.17%	1.92%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	9.86%	14.41%	17.26%	18.60%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.07	1.76	1.55	1.81	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.40	1.41	1.22	1.89	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	4.46	3.79	3.27	7.18	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	7.26	4.84	4.06	12.54	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	9.93	6.46	5.92	4.47	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.35	6.03	4.80	5.42	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	7.73	8.40	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.32	0.24	0.32	0.35	10.12	10.32	-7.37	-9.46	-6.71
Long-Term Debt to Equity	0.32	0.24	0.32	0.35	9.93	10.32	-7.37	-9.28	-6.60
Financial Leverage	0.12	0.07	0.16	0.17	10.19	-49.86	-8.26	-7.73	7.36
Leverage Ratio	1.93	1.95	2.20	2.41	13.91	-63.34	-9.84	-9.10	11.49
Compound Leverage Factor	1.61	1.79	2.05	1.94	3.90	-36.43	42.95	-3.46	12.22
Debt to Total Capital	24.24%	19.57%	24.10%	25.87%	91.01%	91.16%	115.70%	111.82%	117.52%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	1.78%	0.00%	0.00%	2.12%	1.91%
Long-Term Debt to Total Capital	24.24%	19.57%	24.10%	25.87%	89.23%	91.16%	115.70%	109.70%	115.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	15.90%	15.10%	2.05%	0.00%	0.00%
Common Equity to Total Capital	75.76%	80.43%	75.90%	74.13%	-6.91%	-6.27%	-17.75%	-11.82%	-17.52%
Debt to EBITDA	1.13	0.52	0.58	1.18	6.76	4.48	10.01	5.18	-1.48
Net Debt to EBITDA	0.67	0.02	0.27	0.57	6.74	4.47	9.97	5.17	-1.48
Long-Term Debt to EBITDA	1.13	0.52	0.58	1.18	6.63	4.48	10.01	5.08	-1.46
Debt to NOPAT	2.51	0.89	1.06	0.74	12.06	6.83	103.84	-12.95	-1.71
Net Debt to NOPAT	1.49	0.04	0.49	0.36	12.02	6.81	103.44	-12.92	-1.70
Long-Term Debt to NOPAT	2.51	0.89	1.06	0.74	11.83	6.83	103.84	-12.71	-1.68
Altman Z-Score	1.71	3.28	2.55	1.79	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	1.53%	173.89%	-456.87%	-7.36%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	1.04	1.51	0.97	0.88	0.69	1.05	0.66	0.59	0.72
Quick Ratio	0.76	1.19	0.75	0.64	0.41	0.52	0.41	0.34	0.35
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,514	509	394	0.00	556	-408	184	109	143
Operating Cash Flow to CapEx	247.97%	413.29%	218.35%	519.69%	232.30%	68.60%	73.37%	236.36%	100.50%
Free Cash Flow to Firm to Interest Expense	-16.46	8.93	7.44	0.00	2.16	-1.27	0.54	0.33	0.44
Operating Cash Flow to Interest Expense	6.63	11.46	13.02	11.79	2.63	1.43	0.72	0.40	1.24
Operating Cash Flow Less CapEx to Interest Expense	3.96	8.68	7.06	9.52	1.50	-0.66	-0.26	0.23	0.01
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.57	0.70	0.69	0.55	0.37	0.46	0.32	0.23	0.25
Accounts Receivable Turnover	10.47	9.43	8.96	8.95	9.15	10.64	7.88	7.16	9.46
Inventory Turnover	3.88	5.97	8.37	5.67	4.54	5.55	0.00	0.00	0.00
Fixed Asset Turnover	0.76	1.01	1.01	0.72	0.41	0.50	0.35	0.25	0.27
Accounts Payable Turnover	1.02	1.34	1.64	1.44	0.90	1.07	0.00	0.00	0.00
Days Sales Outstanding (DSO)	34.87	38.70	40.72	40.77	39.91	34.31	46.31	50.96	38.58
Days Inventory Outstanding (DIO)	94.16	61.14	43.63	64.38	80.32	65.74	0.00	0.00	0.00
Days Payable Outstanding (DPO)	356.86	273.29	222.13	254.33	405.16	340.28	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-227.84	-173.44	-137.78	-149.18	-284.93	-240.23	46.31	50.96	38.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	4,202	2,236	2,136	1,971	5,612	5,743	4,566	4,699	5,215
Invested Capital Turnover	0.99	1.28	1.32	0.96	0.46	0.59	0.43	0.31	0.34
Increase / (Decrease) in Invested Capital	1,966	100	165	0.00	-131	1,177	-133	-516	-3,742
Enterprise Value (EV)	4,486	3,938	3,309	3,574	0.00	0.00	0.00	0.00	0.00
Market Capitalization	3,812	3,913	3,037	3,290	0.00	0.00	0.00	0.00	0.00
Book Value per Share	$38.58	$32.34	$25.37	$21.00	($7.92)	($7.43)	($18.99)	($13.51)	($2.36)
Tangible Book Value per Share	$38.58	$32.34	$25.37	$21.00	($7.92)	($7.43)	($18.99)	($13.51)	($2.36)
Total Capital	4,670	2,759	2,456	2,277	5,629	5,760	4,586	4,711	5,227
Total Debt	1,132	540	592	589	5,123	5,251	5,306	5,268	6,143
Total Long-Term Debt	1,132	540	592	589	5,023	5,251	5,306	5,168	6,043
Net Debt	674	25	272	284	5,106	5,234	5,286	5,256	6,131
Capital Expenditures (CapEx)	246	158	316	127	291	672	338	55	401
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-328	-183	-337	-406	-135	16	-269	-213	-79
Debt-free Net Working Capital (DFNWC)	44	313	-30	-101	-118	33	-249	-201	-67
Net Working Capital (NWC)	44	313	-30	-101	-218	33	-249	-301	-167
Net Nonoperating Expense (NNE)	76	45	35	175	326	340	313	-686	-45
Net Nonoperating Obligations (NNO)	664	17	272	283	5,106	5,234	5,286	5,256	6,131
Total Depreciation and Amortization (D&A)	388	225	198	213	401	426	470	488	1,001
Debt-free, Cash-free Net Working Capital to Revenue	-10.26%	-6.53%	-12.45%	-21.49%	-5.13%	0.52%	-13.41%	-13.77%	-3.29%
Debt-free Net Working Capital to Revenue	1.38%	11.17%	-1.11%	-5.35%	-4.48%	1.08%	-12.41%	-12.99%	-2.79%
Net Working Capital to Revenue	1.38%	11.17%	-1.11%	-5.35%	-8.28%	1.08%	-12.41%	-19.46%	-6.95%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.74	$8.10	$6.94	$7.46	($0.57)	$6.77	($6.26)	$6.76	($9.27)
Adjusted Weighted Average Basic Shares Outstanding	79.30M	69.60M	75.50M	82M	49.18M	48.65M	42.90M	42.54M	388.18M
Adjusted Diluted Earnings per Share	$4.62	$7.78	$6.75	$7.37	($0.57)	$6.77	($6.26)	$6.76	($9.27)
Adjusted Weighted Average Diluted Shares Outstanding	81.40M	72.50M	77.60M	83M	49.18M	48.65M	42.90M	42.54M	388.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($6.26)	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	90.78M	69.27M	71.49M	78.74M	49.18M	48.65M	42.90M	42.54M	388.18M
Normalized Net Operating Profit after Tax (NOPAT)	454	587	520	138	425	535	36	-205	-203
Normalized NOPAT Margin	14.20%	20.97%	19.20%	7.30%	16.12%	17.45%	1.81%	-13.26%	-8.45%
Pre Tax Income Margin	16.14%	26.70%	28.11%	12.12%	3.80%	14.00%	-13.06%	12.99%	-227.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.72	14.28	15.38	5.09	1.39	2.32	0.17	1.61	-15.80
NOPAT to Interest Expense	4.91	10.69	10.55	14.28	1.65	2.39	0.15	-1.24	-11.04
EBIT Less CapEx to Interest Expense	4.04	11.51	9.42	2.82	0.26	0.23	-0.81	1.45	-17.03
NOPAT Less CapEx to Interest Expense	2.24	7.92	4.59	12.01	0.52	0.30	-0.84	-1.41	-12.27
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.05%	14.36%	11.26%	10.24%	152.53%	28.21%	-3.05%	0.00%	-0.34%
Augmented Payout Ratio	81.12%	39.72%	70.99%	33.92%	152.53%	28.21%	-3.05%	0.00%	-0.34%

This table displays calculated financial ratios and metrics derived from California Resources' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	100.88%	20.80%	194.13%	-13.03%	-55.66%	6.45%	-59.11%	-20.88%	569.28%	7.57%	91.33%
EBITDA Growth	544.00%	-37.46%	1,397.73%	-58.74%	-88.89%	87.29%	-93.15%	-37.39%	423.74%	-53.23%	266.86%
EBIT Growth	6,466.67%	-75.35%	4,425.00%	-78.67%	-100.77%	115.15%	-102.03%	-46.24%	308.51%	-60.48%	389.26%
NOPAT Growth	4,815.61%	-72.53%	3,623.81%	-73.83%	-100.89%	112.80%	-102.41%	-46.81%	337.80%	-87.51%	256.42%
Net Income Growth	1,250.00%	-82.45%	1,668.18%	-91.75%	-103.32%	126.51%	-105.16%	-48.95%	272.00%	-88.38%	298.13%
EPS Growth	1,000.00%	-67.29%	1,281.25%	-91.85%	-103.42%	168.69%	-105.73%	-43.98%	283.41%	-88.48%	346.40%
Operating Cash Flow Growth	113.79%	57.25%	111.54%	-10.19%	-71.94%	14.91%	-55.74%	-40.33%	93.75%	-44.12%	29.12%
Free Cash Flow Firm Growth	-7,484.53%	-2,025.40%	-2,305.37%	130.09%	85.94%	239.11%	35.31%	-90.87%	38.60%	0.00%	96.29%
Invested Capital Growth	91.21%	87.92%	101.17%	-3.40%	1.01%	4.68%	3.09%	25.24%	28.98%	8.37%	36.11%
Revenue Q/Q Growth	3.99%	-35.18%	163.23%	13.22%	-37.47%	57.83%	-22.17%	-42.29%	50.15%	-39.38%	50.60%
EBITDA Q/Q Growth	51.89%	-67.83%	675.29%	70.00%	-85.25%	670.45%	-78.64%	-54.22%	148.62%	-71.81%	95.14%
EBIT Q/Q Growth	172.86%	-86.51%	1,521.88%	1,166.67%	-101.06%	2,466.67%	-108.00%	-61.73%	196.97%	-77.70%	112.19%
NOPAT Q/Q Growth	141.24%	-85.21%	1,238.82%	1,087.01%	-101.41%	1,997.77%	-109.94%	-66.43%	235.97%	-78.46%	118.98%
Net Income Q/Q Growth	248.48%	-90.43%	4,212.50%	180.00%	-105.32%	954.55%	-122.68%	-67.77%	262.65%	-80.52%	124.21%
EPS Q/Q Growth	44.83%	-76.98%	3,336.36%	178.57%	-105.26%	931.25%	-123.70%	-66.99%	313.13%	-82.26%	131.54%
Operating Cash Flow Q/Q Growth	-9.71%	-6.36%	126.80%	11.49%	-33.59%	25.96%	-3.70%	-65.16%	171.93%	-51.49%	29.83%
Free Cash Flow Firm Q/Q Growth	1.59%	-6.66%	-1,829.12%	517.89%	-124.98%	233.24%	78.37%	-95.24%	-147.19%	38.04%	36.17%
Invested Capital Q/Q Growth	0.43%	-2.26%	99.30%	-2.27%	-1.30%	4.63%	-4.30%	2.20%	2.29%	3.04%	16.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	91.23%	90.54%	94.46%	85.60%	81.94%	89.26%	84.78%	90.52%	81.45%	73.61%	86.40%
EBITDA Margin	35.31%	24.17%	48.71%	16.54%	11.01%	46.69%	9.57%	34.86%	43.95%	26.54%	57.07%
Operating Margin	20.39%	7.75%	38.29%	7.39%	-0.88%	38.98%	-3.26%	24.87%	38.38%	19.35%	52.53%
EBIT Margin	20.94%	7.98%	38.36%	6.23%	-0.66%	39.12%	-2.61%	25.38%	38.28%	19.35%	52.62%
Profit (Net Income) Margin	12.61%	3.76%	25.50%	1.56%	-2.20%	25.90%	-4.78%	16.41%	29.39%	12.17%	37.87%
Tax Burden Percent	70.99%	80.49%	71.43%	72.73%	52.63%	70.41%	73.33%	71.85%	80.05%	70.94%	73.58%
Interest Burden Percent	84.82%	58.57%	93.06%	34.38%	633.33%	94.01%	250.00%	90.00%	95.92%	88.64%	97.80%
Effective Tax Rate	29.01%	19.51%	28.57%	27.27%	0.00%	29.59%	0.00%	28.15%	19.95%	29.06%	26.42%
Return on Invested Capital (ROIC)	16.47%	6.20%	25.89%	5.28%	-0.63%	35.17%	-2.99%	30.46%	56.68%	18.10%	57.16%
ROIC Less NNEP Spread (ROIC-NNEP)	12.31%	-0.18%	20.24%	-11.95%	-7.58%	27.37%	-10.53%	26.02%	48.99%	14.27%	54.60%
Return on Net Nonoperating Assets (RNNOA)	1.79%	-0.02%	3.23%	-0.65%	-0.38%	1.94%	-0.82%	2.79%	4.92%	2.23%	12.94%
Return on Equity (ROE)	18.27%	6.18%	29.12%	4.62%	-1.00%	37.11%	-3.81%	33.25%	61.60%	20.33%	70.10%
Cash Return on Invested Capital (CROIC)	-44.52%	-47.04%	-48.62%	13.32%	12.41%	23.30%	20.92%	24.85%	28.40%	19.19%	37.12%
Operating Return on Assets (OROA)	14.26%	4.59%	21.10%	3.20%	-0.37%	27.51%	-1.81%	21.94%	34.11%	13.41%	38.19%
Return on Assets (ROA)	8.59%	2.16%	14.02%	0.80%	-1.24%	18.21%	-3.32%	14.19%	26.19%	8.43%	27.48%
Return on Common Equity (ROCE)	18.27%	6.18%	29.12%	4.62%	-1.00%	37.11%	-3.81%	33.25%	61.60%	20.33%	70.10%
Return on Equity Simple (ROE_SIMPLE)	14.25%	0.00%	15.17%	7.99%	12.09%	0.00%	22.39%	42.99%	47.80%	0.00%	62.26%
Net Operating Profit after Tax (NOPAT)	132	55	370	28	-2.80	199	-11	106	315	94	435
NOPAT Margin	14.48%	6.24%	27.35%	5.38%	-0.62%	27.45%	-2.28%	17.87%	30.72%	13.73%	38.65%
Net Nonoperating Expense Percent (NNEP)	4.17%	6.38%	5.65%	17.22%	6.96%	7.80%	7.54%	4.43%	7.69%	3.83%	2.56%
Return On Investment Capital (ROIC_SIMPLE)	2.92%	1.17%	-	-	-	7.22%	-	-	-	3.81%	-
Cost of Revenue to Revenue	8.77%	9.46%	5.54%	14.40%	18.06%	10.74%	15.22%	9.48%	18.55%	26.39%	13.60%
SG&A Expenses to Revenue	7.89%	10.83%	7.83%	12.26%	12.56%	9.09%	14.13%	12.01%	6.35%	8.65%	5.24%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	70.83%	82.78%	56.17%	78.21%	82.82%	50.28%	88.04%	65.65%	43.07%	54.25%	33.87%
Earnings before Interest and Taxes (EBIT)	191	70	519	32	-3.00	284	-12	150	392	132	592
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	322	212	659	85	50	339	44	206	450	181	642
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.92	1.08	1.10	1.91	1.93	1.76	1.96	1.54	1.32	1.63	1.48
Price to Tangible Book Value (P/TBV)	0.92	1.08	1.10	1.91	1.93	1.76	1.96	1.54	1.32	1.63	1.48
Price to Revenue (P/Rev)	0.88	1.19	1.27	1.82	1.81	1.40	1.45	0.95	0.77	1.12	1.03
Price to Earnings (P/E)	6.45	10.14	7.26	23.84	16.00	6.94	8.74	3.58	2.76	5.80	2.37
Dividend Yield	3.35%	2.69%	2.51%	2.28%	2.15%	2.17%	2.07%	2.30%	2.41%	1.92%	1.83%
Earnings Yield	15.51%	9.86%	13.77%	4.19%	6.25%	14.41%	11.45%	27.91%	36.22%	17.26%	42.21%
Enterprise Value to Invested Capital (EV/IC)	0.93	1.07	1.08	1.87	1.89	1.76	1.92	1.51	1.31	1.55	1.43
Enterprise Value to Revenue (EV/Rev)	1.08	1.40	1.53	1.87	1.87	1.41	1.49	0.99	0.80	1.22	1.11
Enterprise Value to EBITDA (EV/EBITDA)	3.09	4.46	4.11	7.77	6.53	3.79	4.66	2.29	1.79	3.27	2.42
Enterprise Value to EBIT (EV/EBIT)	4.86	7.26	5.60	13.37	9.95	4.84	6.20	2.67	2.05	4.06	2.91
Enterprise Value to NOPAT (EV/NOPAT)	6.77	9.93	7.80	18.60	14.16	6.46	8.14	3.56	2.75	5.92	2.43
Enterprise Value to Operating Cash Flow (EV/OCF)	5.56	7.35	8.71	9.60	9.70	6.03	6.45	4.41	3.41	4.80	3.79
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	13.76	15.30	7.73	9.32	6.77	5.19	8.40	4.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.32	0.32	0.57	0.26	0.24	0.29	0.28	0.28	0.32	0.32
Long-Term Debt to Equity	0.25	0.32	0.32	0.57	0.26	0.24	0.29	0.28	0.28	0.32	0.32
Financial Leverage	0.15	0.12	0.16	0.05	0.05	0.07	0.08	0.11	0.10	0.16	0.24
Leverage Ratio	1.91	1.93	2.00	2.02	1.89	1.95	2.03	2.18	2.28	2.20	2.52
Compound Leverage Factor	1.62	1.13	1.86	0.69	11.97	1.83	5.08	1.96	2.19	1.95	2.47
Debt to Total Capital	22.32%	24.24%	24.42%	36.13%	20.54%	19.57%	22.32%	21.94%	22.06%	24.10%	24.16%
Short-Term Debt to Total Capital	2.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	19.62%	24.24%	24.42%	36.13%	20.54%	19.57%	22.32%	21.94%	22.06%	24.10%	24.16%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	77.68%	75.76%	75.58%	63.87%	79.46%	80.43%	77.68%	78.06%	77.94%	75.90%	75.84%
Debt to EBITDA	0.79	1.13	1.00	2.24	0.85	0.52	0.67	0.40	0.37	0.58	0.48
Net Debt to EBITDA	0.56	0.67	0.71	0.22	0.19	0.02	0.11	0.09	0.06	0.27	0.18
Long-Term Debt to EBITDA	0.69	1.13	1.00	2.24	0.85	0.52	0.67	0.40	0.37	0.58	0.48
Debt to NOPAT	1.73	2.51	1.89	5.37	1.84	0.89	1.17	0.62	0.57	1.06	0.49
Net Debt to NOPAT	1.23	1.49	1.35	0.52	0.41	0.04	0.19	0.14	0.10	0.49	0.18
Long-Term Debt to NOPAT	1.53	2.51	1.89	5.37	1.84	0.89	1.17	0.62	0.57	1.06	0.49
Altman Z-Score	1.55	1.45	1.63	2.12	2.48	2.85	2.47	2.65	2.59	1.98	2.22
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.83	1.04	0.97	2.43	1.41	1.51	1.34	1.49	1.36	0.97	0.95
Quick Ratio	0.59	0.76	0.67	2.14	1.11	1.19	1.08	1.13	1.05	0.75	0.73
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,881	-1,911	-1,792	104	-25	99	-75	-344	-176	-71	-115
Operating Cash Flow to CapEx	338.18%	242.35%	258.82%	303.13%	197.73%	344.74%	305.88%	276.92%	659.57%	125.27%	225.96%
Free Cash Flow to Firm to Interest Expense	-67.18	-68.26	-52.71	6.10	-1.91	7.09	-4.97	-24.60	-12.60	-5.10	-8.86
Operating Cash Flow to Interest Expense	6.64	7.36	6.47	5.71	6.69	9.36	6.93	7.71	22.14	8.14	18.08
Operating Cash Flow Less CapEx to Interest Expense	4.68	4.32	3.97	3.82	3.31	6.64	4.67	4.93	18.79	1.64	10.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.57	0.55	0.51	0.56	0.70	0.69	0.86	0.89	0.69	0.73
Accounts Receivable Turnover	12.01	10.47	9.70	9.62	8.31	9.43	9.35	12.40	12.34	8.96	9.14
Inventory Turnover	3.88	3.88	4.19	4.82	4.22	5.97	7.45	9.00	10.38	8.37	6.96
Fixed Asset Turnover	0.87	0.76	0.71	0.78	0.80	1.01	1.01	1.26	1.32	1.01	1.00
Accounts Payable Turnover	1.06	1.02	1.06	1.33	1.11	1.34	1.83	2.29	2.28	1.64	1.47
Days Sales Outstanding (DSO)	30.40	34.87	37.61	37.96	43.93	38.70	39.06	29.44	29.58	40.72	39.95
Days Inventory Outstanding (DIO)	94.17	94.16	87.08	75.79	86.41	61.14	49.02	40.56	35.15	43.63	52.46
Days Payable Outstanding (DPO)	345.70	356.86	342.93	275.27	329.53	273.29	199.47	159.65	160.24	222.13	248.62
Cash Conversion Cycle (CCC)	-221.12	-227.84	-218.24	-161.52	-199.19	-173.44	-111.39	-89.65	-95.50	-137.78	-156.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,220	4,202	4,299	2,157	2,207	2,236	2,137	2,233	2,185	2,136	2,073
Invested Capital Turnover	1.14	0.99	0.95	0.98	1.02	1.28	1.31	1.70	1.84	1.32	1.48
Increase / (Decrease) in Invested Capital	2,013	1,966	2,162	-76	22	100	64	450	491	165	550
Enterprise Value (EV)	3,945	4,486	4,661	4,023	4,170	3,938	4,105	3,381	2,862	3,309	2,955
Market Capitalization	3,231	3,812	3,855	3,910	4,048	3,913	4,010	3,250	2,761	3,037	2,736
Book Value per Share	$38.73	$38.58	$51.58	$29.94	$30.21	$32.34	$29.73	$29.91	$29.26	$25.37	$24.61
Tangible Book Value per Share	$38.73	$38.58	$51.58	$29.94	$30.21	$32.34	$29.73	$29.91	$29.26	$25.37	$24.61
Total Capital	4,526	4,670	4,632	3,213	2,634	2,759	2,639	2,703	2,684	2,456	2,446
Total Debt	1,010	1,132	1,131	1,161	541	540	589	593	592	592	591
Total Long-Term Debt	888	1,132	1,131	1,161	541	540	589	593	592	592	591
Net Debt	714	674	806	113	122	25	95	131	101	272	219
Capital Expenditures (CapEx)	55	85	85	32	44	38	34	39	47	91	104
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-254	-328	-266	-185	-158	-183	-244	-163	-222	-337	-406
Debt-free Net Working Capital (DFNWC)	-40	44	-25	846	245	313	235	285	255	-30	-48
Net Working Capital (NWC)	-162	44	-25	846	245	313	235	285	255	-30	-48
Net Nonoperating Expense (NNE)	17	22	25	20	7.20	11	12	8.62	14	11	8.83
Net Nonoperating Obligations (NNO)	704	664	798	105	114	17	87	123	93	272	218
Total Depreciation and Amortization (D&A)	131	142	140	53	53	55	56	56	58	49	50
Debt-free, Cash-free Net Working Capital to Revenue	-6.95%	-10.26%	-8.73%	-8.59%	-7.08%	-6.53%	-8.85%	-4.76%	-6.20%	-12.45%	-15.27%
Debt-free Net Working Capital to Revenue	-1.09%	1.38%	-0.82%	39.28%	10.98%	11.17%	8.52%	8.33%	7.13%	-1.11%	-1.81%
Net Working Capital to Revenue	-4.43%	1.38%	-0.82%	39.28%	10.98%	11.17%	8.52%	8.33%	7.13%	-1.11%	-1.81%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.27	$0.90	$3.86	$0.12	($0.14)	$2.81	($0.32)	$1.39	$4.22	$0.94	$5.75
Adjusted Weighted Average Basic Shares Outstanding	90.60M	79.30M	89.40M	68.10M	69M	69.60M	68.70M	69.70M	71.30M	75.50M	74.10M
Adjusted Diluted Earnings per Share	$1.26	$0.87	$3.78	$0.11	($0.14)	$2.66	($0.32)	$1.35	$4.09	$0.99	$5.58
Adjusted Weighted Average Diluted Shares Outstanding	91.20M	81.40M	91.20M	70M	69M	72.50M	68.70M	71.90M	73.50M	77.60M	76.30M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	89.18M	90.78M	91.71M	67.88M	68.53M	69.27M	68.62M	68.96M	70.55M	71.49M	73.47M
Normalized Net Operating Profit after Tax (NOPAT)	132	52	370	36	-7.00	182	-11	106	311	94	433
Normalized NOPAT Margin	14.48%	5.97%	27.35%	7.07%	-1.54%	25.02%	-2.28%	17.87%	30.41%	13.83%	38.52%
Pre Tax Income Margin	17.76%	4.68%	35.70%	2.14%	-4.19%	36.78%	-6.52%	22.84%	36.72%	17.16%	51.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.82	2.50	15.26	1.88	-0.23	20.29	-0.80	10.71	28.00	9.43	45.54
NOPAT to Interest Expense	4.72	1.95	10.88	1.63	-0.22	14.23	-0.70	7.54	22.47	6.69	33.45
EBIT Less CapEx to Interest Expense	4.86	-0.54	12.76	0.00	-3.62	17.57	-3.07	7.93	24.64	2.93	37.54
NOPAT Less CapEx to Interest Expense	2.75	-1.08	8.38	-0.26	-3.60	11.52	-2.97	4.76	19.11	0.19	25.45
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.35%	30.05%	18.64%	51.22%	32.41%	14.36%	17.21%	8.05%	6.60%	11.26%	4.59%
Augmented Payout Ratio	72.26%	81.12%	44.07%	120.12%	88.54%	39.72%	62.75%	37.71%	36.70%	70.99%	31.52%

Frequently Asked Questions About California Resources' Financials

When does California Resources's fiscal year end?

According to the most recent income statement we have on file, California Resources' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has California Resources' net income changed over the last 8 years?

California Resources' net income appears to be on a downward trend, with a most recent value of $376 million in 2024, falling from -$3.55 billion in 2015. The previous period was $564 million in 2023. See California Resources' forecast for analyst expectations on what’s next for the company.

What is California Resources's operating income?

California Resources's total operating income in 2024 was $620 million, based on the following breakdown:

Total Gross Profit: $2.88 billion
Total Operating Expenses: $2.26 billion

How has California Resources revenue changed over the last 8 years?

Over the last 8 years, California Resources' total revenue changed from $2.40 billion in 2015 to $3.20 billion in 2024, a change of 33.1%.

How much debt does California Resources have?

California Resources' total liabilities were at $3.60 billion at the end of 2024, a 102.2% increase from 2023, and a 54.9% decrease since 2015.

How much cash does California Resources have?

In the past 9 years, California Resources' cash and equivalents has ranged from $12 million in 2015 to $496 million in 2023, and is currently $372 million as of their latest financial filing in 2024.

How has California Resources' book value per share changed over the last 8 years?

Over the last 8 years, California Resources' book value per share changed from -2.36 in 2015 to 38.58 in 2024, a change of -1,733.5%.

Related Companies

This page (NYSE:CRC) was last updated on 5/25/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

California Resources (CRC) Financials

Frequently Asked Questions About California Resources' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

California Resources (CRC) Financials

Annual Income Statements for California Resources

Quarterly Income Statements for California Resources

Annual Cash Flow Statements for California Resources

Quarterly Cash Flow Statements for California Resources

Annual Balance Sheets for California Resources

Quarterly Balance Sheets for California Resources

Annual Metrics And Ratios for California Resources

Quarterly Metrics And Ratios for California Resources

Frequently Asked Questions About California Resources' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools