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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,514	2,931	2,773	3,235	2,532	1,592
Other Revenue	-9	-	-	-	-	-
Revenue	3,505	2,931	2,773	3,235	2,532	1,592
Revenue Growth (YoY)	34.91%	5.70%	-14.28%	27.77%	59.05%	-40.88%
Cost of Revenue	1,609	1,349	1,253	1,301	1,048	833
Gross Profit	1,896	1,582	1,520	1,934	1,484	759
Selling, General & Admin	324	312	258	218	202	258
Other Operating Expenses	406	202	289	782	543	281
Operating Expenses	1,254	902	772	1,198	965	912
Operating Income	642	680	748	736	519	-153
Interest Expense	-105	-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)	8	-5	-3	-1	33	-66
EBT Excluding Unusual Items	567	604	720	704	498	-436
Merger & Restructuring Charges	-21	-87	-	-	-	-
Gain (Loss) on Sale of Assets	3	11	32	59	124	-
Asset Writedown	-3	-1	-3	-2	-28	-1,736
Other Unusual Items	-7	-11	-1	-	-365	4,043
Pretax Income	520	516	748	761	229	1,871
Income Tax Expense	136	140	184	237	-396	-
Earnings From Continuing Operations	384	376	564	524	625	1,871
Minority Interest in Earnings	-	-	-	-	-13	-105
Net Income	384	376	564	524	612	1,766
Net Income to Common	384	376	564	524	612	1,766
Net Income Growth	-27.68%	-33.33%	7.63%	-14.38%	-65.34%	-
Shares Outstanding (Basic)	89	79	70	76	82	55
Shares Outstanding (Diluted)	90	81	73	78	83	55
Shares Change (YoY)	17.38%	12.28%	-6.57%	-6.51%	50.32%	12.69%
EPS (Basic)	4.34	4.74	8.10	6.94	7.46	32.08
EPS (Diluted)	4.29	4.62	7.78	6.75	7.37	31.98
EPS Growth	-38.38%	-40.62%	15.26%	-8.41%	-76.96%	-
Free Cash Flow	546	355	468	311	466	59
Free Cash Flow Per Share	6.10	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	17.65%	20.52%	46.06%	366.18%	-	-
Gross Margin	54.09%	53.97%	54.81%	59.78%	58.61%	47.68%
Operating Margin	18.32%	23.20%	26.97%	22.75%	20.50%	-9.61%
Profit Margin	10.96%	12.83%	20.34%	16.20%	24.17%	110.93%
Free Cash Flow Margin	15.58%	12.11%	16.88%	9.61%	18.40%	3.71%
EBITDA	1,166	1,068	973	934	732	209
EBITDA Margin	33.27%	36.44%	35.09%	28.87%	28.91%	13.13%
D&A For EBITDA	524	388	225	198	213	362
EBIT	642	680	748	736	519	-153
EBIT Margin	18.32%	23.20%	26.97%	22.75%	20.50%	-9.61%
Effective Tax Rate	26.15%	27.13%	24.60%	31.14%	-	-
Revenue as Reported	3,622	3,198	2,801	2,707	1,889	1,559

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

SEC Filings: 10-K · 10-Q