California Resources Corporation

CRC Energy Oil & Gas E&P

California Resources Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 14.7% from fiscal 2024.

Revenue
−50.8%
EPS
−567.3%
Free cash flow
−24.5%
Total debt
+26.7%

Quarter to September 2026, against a year earlier

45.88 2.46 −5.09%
Market cap
$4.0B
P/E
0.0×
Fwd P/E
106×
Dividend yield
3.53%
F-score
4/9
Altman Z
1.73
Beneish M
−2.75
Dividend safety
78/100

California Resources Corporation (CRC) Gross margin

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California Resources Corporation's gross margin over the twelve months to 30 September 2026 was 43.1%, down 16.8 percentage points from fiscal 2025 (59.9%). Over the past ten years it has ranged from 47.2% (fiscal 2021) to 68.2% (fiscal 2018); the current reading is higher than 73% of that period. That is below the Oil & Gas E&P industry median of 79.5% and in line with the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 59.9% (2.63)
FY2024 62.5% 3.53
FY2023 59.0% 4.68
FY2022 54.3% 7.08
FY2021 47.2% (2.11)
FY2020 49.3% (6.48)
FY2019 55.8% (12.43)
FY2018 68.2% 11.91
FY2017 56.3% 8.04
FY2016 48.3% (12.13)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 −0.24% (71.56)
Jun 2026 71.3% 301.57
Mar 2026 −230.3% (288.69)
Dec 2025 58.4% 1.83
43 more quarters

Against its own ten years

Low 47.2% High 68.2%
Ten-year median 56.3%
Current reading's percentile 12

Gross margin against peers

Company Gross margin
BSM Black Stone Minerals, L.P. compare 100.0%
MUR Murphy Oil Corporation compare 100.0%
CRGY Crescent Energy Company compare 100.0%
MTDR Matador Resources Company compare 92.3%
CNX CNX Resources Corporation. compare 83.1%
CRC California Resources Corporation 43.1%
CRK Comstock Resources, Inc. compare 0.00%
LB LandBridge Company LLC compare 0.00%
MGY Magnolia Oil & Gas Corp compare 0.00%
Oil & Gas E&P industry median 79.5%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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