California Resources Corporation (CRC)

California Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,630	2,931	2,773	3,235	2,532	1,592
Other Revenue	-6	-	-	-	-	-
Revenue	3,624	2,931	2,773	3,235	2,532	1,592
Revenue Growth (YoY)	60.00%	5.70%	-14.28%	27.77%	59.05%	-40.88%
Cost of Revenue	1,605	1,349	1,253	1,301	1,048	833
Gross Profit	2,019	1,582	1,520	1,934	1,484	759
Selling, General & Admin	343	312	258	218	202	258
Other Operating Expenses	22	202	289	782	543	281
Operating Expenses	906	902	772	1,198	965	912
Operating Income	1,113	680	748	736	519	-153
Interest Expense	-109	-87	-56	-53	-54	-217
Interest & Investment Income	26	26	40	23	-	-
Earnings From Equity Investments	-4	-10	-9	-1	-	-
Other Non Operating Income (Expenses)	5	-5	-3	-1	33	-66
EBT Excluding Unusual Items	1,031	604	720	704	498	-436
Merger & Restructuring Charges	-76	-87	-	-	-	-
Gain (Loss) on Sale of Assets	4	11	32	59	124	-
Asset Writedown	-1	-1	-3	-2	-28	-1,736
Other Unusual Items	-12	-11	-1	-	-365	4,043
Pretax Income	928	516	748	761	229	1,871
Income Tax Expense	263	140	184	237	-396	-
Earnings From Continuing Operations	665	376	564	524	625	1,871
Minority Interest in Earnings	-	-	-	-	-13	-105
Net Income	665	376	564	524	612	1,766
Net Income to Common	665	376	564	524	612	1,766
Net Income Growth	305.49%	-33.33%	7.63%	-14.38%	-65.34%	-
Shares Outstanding (Basic)	90	79	70	76	82	55
Shares Outstanding (Diluted)	92	81	73	78	83	55
Shares Change (YoY)	32.69%	12.28%	-6.57%	-6.51%	50.32%	12.69%
EPS (Basic)	7.40	4.74	8.10	6.94	7.46	32.08
EPS (Diluted)	7.21	4.62	7.78	6.75	7.37	31.98
EPS Growth	205.84%	-40.62%	15.26%	-8.41%	-76.96%	-
Free Cash Flow	499	355	468	311	466	59
Free Cash Flow Per Share	5.41	4.36	6.46	4.01	5.61	1.07
Dividend Per Share	1.550	1.395	1.157	0.792	0.170	-
Dividend Growth	27.83%	20.52%	46.06%	366.18%	-	-
Gross Margin	55.71%	53.97%	54.81%	59.78%	58.61%	47.68%
Operating Margin	30.71%	23.20%	26.97%	22.75%	20.50%	-9.61%
Profit Margin	18.35%	12.83%	20.34%	16.20%	24.17%	110.93%
Free Cash Flow Margin	13.77%	12.11%	16.88%	9.61%	18.40%	3.71%
EBITDA	1,654	1,068	973	934	732	209
EBITDA Margin	45.64%	36.44%	35.09%	28.87%	28.91%	13.13%
D&A For EBITDA	541	388	225	198	213	362
EBIT	1,113	680	748	736	519	-153
EBIT Margin	30.71%	23.20%	26.97%	22.75%	20.50%	-9.61%
Effective Tax Rate	28.34%	27.13%	24.60%	31.14%	-	-
Revenue as Reported	4,120	3,198	2,801	2,707	1,889	1,559

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q