← California Resources Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $1.5b $2.0b $3.1b $2.7b $1.3b $2.0b $2.6b $2.2b $2.5b $2.9b
Cost of Goods and Services Sold $1.3b $1.7b $2.0b $2.2b $1.1b $1.6b $1.6b $1.1b $1.6b $2.0b
Gross Profit (Calculated) (derived) $280.3m $322.0m $1.1b $65.0m $238.5m $493.0m $1.0b $1.1b $941.0m $931.0m
Operating Expenses — — — — — — — — $2.6b $3.1b
Operating Income (Loss) ($306.0m) $63.0m $769.0m $429.0m ($1.8b) $293.0m $812.0m $808.0m $620.0m $598.0m
Additional Financial Items
Income (Loss) from Equity Method Investments — — — — — — ($1.0m) ($9.0m) ($10.0m) ($4.0m)
Interest Income, Operating — — — — — — — — $18.0m $11.0m
Other Operating Income $132.0m $160.0m $473.0m $423.0m ($1.8b) $293.0m $812.0m $808.0m $620.0m $598.0m
Taxes, Miscellaneous $144.0m $136.0m $149.0m $157.0m $134.0m $145.0m $162.0m $165.0m $242.0m $242.0m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $6.0m — $7.0m $0 $22.0m $0 $0 — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $201.0m ($262.0m) $429.0m $100.0m $2.0b $229.0m $761.0m $748.0m $516.0m $502.0m
Gain (Loss) on Derivative Instruments, Net, Pretax ($206.0m) ($90.0m) $1.0m ($59.0m) $91.0m ($676.0m) ($551.0m) ($12.0m) $241.0m $266.0m
Net Income (Loss) Attributable to Parent $279.0m ($266.0m) $328.0m ($28.0m) $1.9b $612.0m $524.0m $564.0m $376.0m $363.0m
Net Income (Loss) Available to Common Stockholders, Basic $273.0m ($266.0m) $321.0m ($28.0m) $2.0b $612.0m $524.0m $564.0m $376.0m $363.0m
Net Income (Loss) Attributable to Noncontrolling Interest — $4.0m $101.0m $127.0m $107.0m $13.0m $0 $0 — —
Earnings Per Share, Basic $6.76 ($6.26) $6.77 ($0.57) $40.59 $7.46 $6.94 $8.10 $4.74 $4.17
Earnings Per Share, Diluted $6.76 ($6.26) $6.77 ($0.57) $40.42 $7.37 $6.75 $7.78 $4.62 $4.15
Common Stock, Dividends, Per Share, Declared $6.76 ($6.26) $6.77 ($0.57) $40.59 $0.17 $0.79 $1.16 $4.74 $4.17
Weighted Average Number of Shares Outstanding, Basic 40.4m 42.5m 47.4m 49.0m 49.4m 82.0m 75.5m 69.6m 79.3m 87.0m
Weighted Average Number of Shares Outstanding, Diluted 40.4m 42.5m — — 49.6m 83.0m 77.6m 72.5m 81.4m 87.4m
Selling, General and Administrative Expense $248.0m $259.0m $299.0m $290.0m $212.0m $200.0m $222.0m $267.0m $321.0m $333.0m
Other Nonoperating Income (Expense) $30.0m — — — $84.0m $2.0m $3.0m $6.0m ($2.0m) $15.0m
Current Income Tax Expense (Benefit) — — — — — — $11.0m $149.0m $69.0m $54.0m
Other Expenses $79.0m — — — — $8.0m — — — —
Income Tax Expense (Benefit) ($78.0m) — — $1.0m $0 ($396.0m) $237.0m $184.0m $140.0m $139.0m
Other Operating Income (Expense), Net $306.0m ($106.0m) ($399.0m) ($363.0m) ($89.0m) ($29.0m) ($48.0m) ($66.0m) ($183.0m) ($209.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.