CRC (California Resources Corporation) Stock Financials & Earnings | Market Cap Arena

CRC (California Resources Corporation) Stock Financials & Earnings | Market Cap Arena

CRCCalifornia Resources Corporation

Mkt Cap$6B

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NYSE

Revenue (TTM)$3.5B

Net Income (TTM)$363M

EPS (TTM)$4.08

Free Cash Flow (TTM)$662M

Gross Margin37.4%

Op. Margin20.8%

Net Margin10.4%

FCF Margin19.0%

P/S Ratio (TTM)1.6x

P/E Ratio (TTM)15.5x

YoY Rev Growth+17.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$982M	$467M	$360M
Q2 23	$560M	$250M	$137M
Q3 23	$664M	$330M	$217M
Q4 23	$607M	$279M	$180M
Q1 24	$525M	$201M	$106M
Q2 24	$509M	$213M	$111M
Q3 24	$997M	$439M	$248M
Q4 24	$926M	$347M	$184M
Q1 25	$906M	$350M	$207M
Q2 25	$821M	$304M	$178M
Q3 25	$878M	$337M	$180M
Q4 25	$871M	$309M	$159M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.6x	5.6x
Q2 23	1.7x	6.2x
Q3 23	1.9x	12.3x
Q4 23	2.0x	10.0x
Q1 24	2.4x	22.3x
Q2 24	2.4x	34.4x
Q3 24	2.1x	10.6x
Q4 24	1.9x	15.0x
Q1 25	1.7x	11.2x
Q2 25	1.5x	8.5x
Q3 25	1.6x	14.7x
Q4 25	1.6x	15.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$310M	$263M
Q2 23	$108M	$69M
Q3 23	$104M	$71M
Q4 23	$123M	$57M
Q1 24	$79M	$25M
Q2 24	$100M	$66M
Q3 24	$220M	$141M
Q4 24	$206M	$118M
Q1 25	$186M	$131M
Q2 25	$165M	$109M
Q3 25	$278M	$187M
Q4 25	$235M	$235M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$47M
Q2 23	$39M
Q3 23	$33M
Q4 23	$66M
Q1 24	$54M
Q2 24	$34M
Q3 24	$79M
Q4 24	$88M
Q1 25	$55M
Q2 25	$56M
Q3 25	$91M
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+37.3%	+62.8%
Q2 23	-33.9%	-8.4%
Q3 23	-24.7%	-15.8%
Q4 23	-25.4%	-19.3%
Q1 24	-46.5%	-32.6%
Q2 24	-9.1%	-5.9%
Q3 24	+50.2%	+67.6%
Q4 24	+52.6%	+73.8%
Q1 25	+72.6%	+66.8%
Q2 25	+61.3%	+61.6%
Q3 25	-11.9%	-6.8%
Q4 25	-5.9%	-4.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$65M	—
Q2 23	$71M	—
Q3 23	$65M	—
Q4 23	$66M	—
Q1 24	$57M	—
Q2 24	$63M	—
Q3 24	$106M	—
Q4 24	$95M	—
Q1 25	$72M	—
Q2 25	$79M	—
Q3 25	$87M	—
Q4 25	$95M	$238M

Revenue Segments

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$477M	$0	$477M
Q2 23	$448M	$0	$448M
Q3 23	$479M	$0	$479M
Q4 23	$496M	$0	$496M
Q1 24	$403M	$0	$403M
Q2 24	$1.0B	$0	$1.0B
Q3 24	$241M	$0	$241M
Q4 24	$372M	$0	$372M
Q1 25	$214M	$0	$214M
Q2 25	$72M	$0	$72M
Q3 25	$196M	$0	$196M
Q4 25	$235M	$0	$235M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	74M	-2.0%
Q2 23	72M	-2.2%
Q3 23	69M	-4.5%
Q4 23	71M	+3.0%
Q1 24	69M	-2.5%
Q2 24	70M	+1.4%
Q3 24	91M	+30.3%
Q4 24	92M	+1.1%
Q1 25	91M	-1.1%
Q2 25	89M	-2.0%
Q3 25	84M	-5.6%
Q4 25	87M	+3.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$2M	2K
FY 15	$1M	2K
FY 16	$877K	2K
FY 17	$1M	1K
FY 18	$2M	2K
FY 19	$2M	1K
FY 20	$2M	1K
FY 21	$3M	970
FY 22	$3M	1K
FY 23	$3M	970
FY 24	$2M	2K
FY 25	$1M	3K