California Resources Corp (CRC) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, California Resources reported revenue of $3.67B, up 14.7% from $3.20B the year before. Net income was $363.0M (a 9.9% net margin), or $4.15 per diluted share. Operating margin was 16.3%. Operating activities generated $865.0M of cash, leaving $543.0M of free cash flow. At fiscal year end, California Resources held $7.40B in total assets against $3.73B in total liabilities, including $132.0M of cash and equivalents.
Open the full interactive California Resources financials → Quarterly statements, key ratios, valuation history and price charts.
California Resources Key Stats
| Share Price | $54.22 |
|---|---|
| Market Cap | $4.84B |
| P/E Ratio | 13.1 |
| Dividend Yield | 2.81% |
| Revenue YoY Growth | +14.7% |
| 52-Week Range | $42.65 – $69.14 |
| Shares Outstanding | 88.8 million (basic, 2026 Q2) |
California Resources Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.56B | $1.89B | $2.71B | $2.80B | $3.20B | $3.67B |
| Cost of Goods Sold | — | — | — | $2.02B | — | — |
| Gross Profit | — | — | — | $776.0M | — | — |
| Operating Income | -$1.89B | $293.0M | $812.0M | $808.0M | $620.0M | $598.0M |
| Pre-Tax Income | $1.87B | $229.0M | $761.0M | $748.0M | $516.0M | $502.0M |
| Income Tax | $0 | -$396.0M | $237.0M | $184.0M | $140.0M | $139.0M |
| Net Income | $1.77B | $612.0M | $524.0M | $564.0M | $376.0M | $363.0M |
| Diluted EPS | — | $7.37 | $6.75 | $7.78 | $4.62 | $4.15 |
California Resources Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $855.0M | $924.0M | $119.0M | $1.30B |
| Net Income | $64.0M | $12.0M | -$711.0M | $514.0M |
| Diluted EPS | $0.76 | $0.14 | -$8.02 | $5.76 |
California Resources Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | $305.0M | $307.0M | $496.0M | $372.0M | $132.0M |
| Current Assets | $329.0M | $753.0M | $864.0M | $929.0M | $1.02B | $938.0M |
| Total Assets | $3.07B | $3.85B | $3.97B | $4.00B | $7.13B | $7.40B |
| Current Liabilities | $473.0M | $854.0M | $894.0M | $616.0M | $980.0M | $1.05B |
| Total Long-Term Debt | $597.0M | $589.0M | $592.0M | $540.0M | $1.13B | $1.28B |
| Total Liabilities | $1.94B | $2.16B | $2.10B | $1.78B | $3.60B | $3.73B |
| Shareholders' Equity | $1.14B | $1.69B | $1.86B | $2.22B | $3.54B | $3.67B |
California Resources Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $106.0M | $660.0M | $690.0M | $653.0M | $610.0M | $865.0M |
| Cash From Investing | -$37.0M | -$161.0M | -$317.0M | -$175.0M | -$1.08B | -$725.0M |
| Cash From Financing | -$58.0M | -$222.0M | -$371.0M | -$289.0M | $343.0M | -$380.0M |
| Free Cash Flow | $59.0M | $466.0M | $311.0M | $468.0M | $355.0M | $543.0M |
| Dividends Paid | — | — | $59.0M | $81.0M | $113.0M | $136.0M |
Figures from California Resources' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full California Resources financials page for every line item.
California Resources Company Profile
| Ticker | CRC |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Long Beach, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001609253 |
Frequently Asked Questions
What was California Resources' revenue in fiscal 2025?
California Resources (CRC) reported revenue of $3.67B for fiscal 2025.
What is California Resources' annual revenue history?
California Resources' annual revenue by fiscal year: 2020: $1.56B; 2021: $1.89B; 2022: $2.71B; 2023: $2.80B; 2024: $3.20B; 2025: $3.67B.
What was California Resources' net income in fiscal 2025?
California Resources reported net income of $363.0M for fiscal 2025.
What was California Resources' earnings per share (EPS) in fiscal 2025?
California Resources' diluted EPS was $4.15 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did California Resources generate in fiscal 2025?
California Resources generated $543.0M of free cash flow in fiscal 2025.
What was California Resources' revenue last quarter?
In its most recent reported quarter (2026 Q2), California Resources reported revenue of $1.30B.
How much debt does California Resources have?
California Resources reported $1.28B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of California Resources are outstanding?
California Resources reported a weighted average of 88.8 million basic shares outstanding in 2026 Q2.
What is California Resources' market cap?
Based on its latest closing price, California Resources (CRC) has a market capitalization of about $4.84B.
When does California Resources' fiscal year end?
California Resources' fiscal year end, as registered with the SEC, is December 31.
Where is California Resources headquartered?
California Resources lists its business address in Long Beach, California in its SEC filings.