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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›CRC›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

California Resources Corp (CRC) financials

Income statement

California Resources Corp (CRC) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.62B$1.94B$2.59B$2.27B—$2.05B$2.64B$2.15B$2.54B$2.91B
Revenue growth—19.4%33.8%-12.4%——29.1%-18.5%17.7%14.7%
Operating income-$293M$73.0M$769M$429M—$293M$812M$808M$620M$598M
Operating margin-18.1%3.8%29.7%18.9%—14.3%30.7%37.5%24.4%20.5%
Net income$279M-$266M$328M-$28.0M—$612M$524M$564M$376M$363M
Net margin17.2%-13.7%12.7%-1.2%—29.9%19.8%26.2%14.8%12.5%
EPS (diluted)$6.76-$6.26$6.77-$0.57—$7.37$6.75$7.78$4.62$4.15

Cash flow

California Resources Corp (CRC) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$130M$248M$461M$676M—$660M$690M$653M$610M$865M
Capital expenditures$75.0M$371M$690M$455M—$194M$379M$185M$255M$322M
Free cash flow$55.0M-$123M-$229M$221M—$466M$311M$468M$355M$543M
Share buybacks———$0.00—$148M$313M$143M$192M$377M
Dividends paid———$0.00—$14.0M$59.0M$81.0M$113M$136M

Balance sheet

California Resources Corp (CRC) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$12.0M$20.0M$17.0M$17.0M$203M$305M$307M$496M$372M$132M
Total assets$6.35B$6.21B$7.16B$6.96B$3.29B$3.85B$3.97B$4.00B$7.13B$7.40B
Long-term debt$5.27B$5.31B$5.25B$4.98B$723M$589M$592M$540M$1.13B$1.28B
Shareholders' equity-$557M-$814M-$361M-$389M$1.27B$1.69B$1.86B$2.22B$3.54B$3.67B
Retained earnings-$5.40B-$5.67B-$5.34B-$5.37B$0.00$475M$938M$1.42B$1.68B$1.91B
Shares (wtd avg diluted)40.4M42.5M47.4M49.0M83.3M83.0M77.6M72.5M81.4M87.4M

Every figure is extracted from California Resources Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is California Resources Corp's annual revenue?
California Resources Corp (CRC) reported $2.91B of revenue for fiscal year 2025 — up 14.7% from $2.54B in FY2024, per its annual report filed with the SEC.
Is California Resources Corp profitable?
Yes — CRC earned $363M of net income in FY2025, a 12.5% net margin, per SEC filings.
What is California Resources Corp's free cash flow?
$543M in FY2025 (operating cash flow $865M minus $322M of capital expenditures), from the SEC cash-flow statement.
Does CRC pay a dividend?
Yes — California Resources Corp paid $136M in cash dividends during FY2025, per its SEC cash-flow statement.
Full CRC analysis — verdict, score & filings →Is CRC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.