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CRC FY 2022 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena
CRC
California Resources Corporation
$6B
FY 2022 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$3.3B
+27.0% YoY
Gross Profit
$1.7B
53.3% margin
Operating Income
$1.4B
41.6% margin
Net Income
$524M
16.1% margin
EPS (Diluted)
$6.75
Cash Flow
Operating Cash Flow
$690M
Free Cash Flow
$311M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$4.0B
Total Liabilities
$2.1B
Stockholders' Equity
$1.9B
Cash & Equivalents
$307M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.3B
$2.6B
+27.0%
Gross Profit
$1.7B
$1.2B
+39.4%
Operating Income
$1.4B
$902M
+50.1%
Net Income
$524M
$612M
-14.4%
← Q4 2021
All Quarters
Q1 2022 →