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NYSE · CRUDE PETROLEUM & NATURAL GAS · LARGE CAP

California Resources Corp. CRC

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.7B
▲ 14.7% YoY
$363.0M
▼ 3.5% YoY
$543.0M
▲ 53.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

California Resources Corporation sells crude oil, natural gas and NGLs primarily to California refineries, marketers and other purchasers with access to transportation and storage facilities. As of December 31, 2025, it held approximately 2 million net mineral acres. Its operated asset base spans 68 distinct fields with approximately 22,000 net operated wells. It had approximately 2,500 employees as of December 31, 2025, compared with approximately 1,550 as of December 31, 2024, all located in the United States. The company's business is organized into two reporting segments: oil and natural gas and carbon management.

Written from the business description in California Resources Corp's annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth

USD 3.7B
Revenue, FY2025 · full 13-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.7 · Net income 0.4
2B3B-2B-3B
20122015201820222025
Compound annual growth
+10.7%
−11.5%
+11.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 16.3% · Net 9.9%
10%20%30%-100%-200%
201220182025
ROE
FY2025 · ROE 10.1%
20%40%-10%-20%
201220182025
Three returns, three denominators.

Each USD of equity produced 10 cents of profit this year.

Cash & shareholders

USD 510.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 543.0
300M600M-100M-200M
201220182025
Net buybacks $M Dividends $M
FY2025 · Dividends 136.0 · Net buybacks 374.0
200M400MDividendsNet buybacks
2015201920212022202320242025

USD 136.0M in dividends and USD 374.0M in buybacks — 140% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 7.4B
EquityUSD 3.7B
CashUSD 132.0M
Gross debtUSD 1.3B
Net debtUSD 1.2B
Current ratio0.89×

Net debt stands at 31% of equity.

The 13-year record

13 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
CRC, 13-year financial record
Metric 2025202420232022202120192018201720162015201420132012
Revenue $B3.73.22.82.72.02.63.12.01.62.44.24.34.1
Operating income $B0.60.60.80.80.30.40.80.1−0.3−5.1−2.31.41.2
EBITDA $B1.11.01.01.00.50.91.30.60.3−4.1−1.22.62.1
Income tax $B0.10.10.20.2−0.40.00.00.0−0.1−1.9−1.00.60.5
Net income $B0.40.40.60.50.6−0.00.3−0.30.3−3.6−1.40.90.7
Free cash flow $B0.50.40.50.30.50.2−0.2−0.10.10.00.30.8−0.1
EPS, diluted $4.154.627.786.757.37−0.576.77−6.266.76−92.79−37.542.241.80
Dividend / sh $1.571.401.160.790.17◌◌◌◌0.30◌◌◌
Payout %373014112−0———−0———
ROE %10.113.127.629.543.3—————−22.88.87.1
Shares out B0.0991.1068.6971.9579.300.050.050.040.040.390.39◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 13 of the 13 fiscal years we could check. 12 checks were skipped: the balance sheet is not tagged before 2013. 10 checks were skipped: cost of revenue is not tagged before 2017. Five checks were skipped: EPS is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCrude Petroleum & Natural Gas
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2012

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