CRC FY 2023 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

FY 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.8B-13.7% YoY

Gross Profit

$1.3B47.1% margin

Operating Income

$894M31.8% margin

Net Income

$564M20.0% margin

EPS (Diluted)

$7.78

Cash Flow

Operating Cash Flow

$645M

Free Cash Flow

$460M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$1.8B

Stockholders' Equity

$2.2B

Cash & Equivalents

$496M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$3.3B	-13.7%
Gross Profit	$1.3B	$1.7B	-23.7%
Operating Income	$894M	$1.4B	-34.0%
Net Income	$564M	$524M	+7.6%