California Resources Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2019	2018	2017	2016
Revenue	2,801	2,707	1,889	2,634	3,064	2,006	1,547
Revenue Growth (YoY)	3.47%	43.30%	-28.28%	-14.03%	52.74%	29.67%	-
Cost of Revenue	1,213	1,275	1,048	895	912	876	800
Gross Profit	1,588	1,432	841	1,739	2,152	1,130	747
Selling, General & Admin	267	222	200	290	299	249	235
Research & Development	3	4	7	29	34	22	23
Other Operating Expenses	510	394	341	991	1,050	786	782
Operating Expenses	780	620	548	1,310	1,383	1,057	1,040
Operating Income	808	812	293	429	769	73	-293
Interest Expense / Income	56	53	54	383	379	343	328
Other Expense / Income	4	-2	23	55	392	-266	-822
Pretax Income	748	761	216	-9	-2	-4	201
Income Tax	184	237	-396	1	0	0	-78
Net Income	564	524	612	-10	-2	-4	279
Preferred Dividends	0	0	0	18	-330	262	0
Net Income Common	564	524	612	-28	328	-266	279
Net Income Growth	7.63%	-14.38%	-	-	-	-	-
Shares Outstanding (Basic)	70	76	82	49	49	-	-
Shares Outstanding (Diluted)	73	78	83	-	-	-	-
Shares Change	-6.57%	-6.51%	68.98%	0.96%	-	-	-
EPS (Basic)	8.10	6.94	7.46	-0.57	6.77	-6.26	6.76
EPS (Diluted)	7.78	6.75	7.37	-0.57	6.77	-6.26	6.76
EPS Growth	15.26%	-8.41%	-	-	-	-	-
Free Cash Flow	468	311	466	136	-160	-96	49
Free Cash Flow Per Share	6.72	4.12	5.68	2.77	-3.29	-	-
Dividend Per Share	0.848	0.793	0.170	-	-	-	-
Dividend Growth	6.94%	366.47%	-	-	-	-	-
Gross Margin	56.69%	52.90%	44.52%	66.02%	70.23%	56.33%	48.29%
Operating Margin	28.85%	30.00%	15.51%	16.29%	25.10%	3.64%	-18.94%
Profit Margin	20.14%	19.36%	32.40%	-1.06%	10.70%	-13.26%	18.03%
Free Cash Flow Margin	16.71%	11.49%	24.67%	5.16%	-5.22%	-4.79%	3.17%
Effective Tax Rate	24.60%	31.14%	-183.33%	-	-	-	-38.81%
EBITDA	1,029	1,012	483	845	879	883	1,088
EBITDA Margin	36.74%	37.38%	25.57%	32.08%	28.69%	44.02%	70.33%
Depreciation & Amortization	225	198	213	471	502	544	559
EBIT	804	814	270	374	377	339	529
EBIT Margin	28.70%	30.07%	14.29%	14.20%	12.30%	16.90%	34.20%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).