California Resources Corporation (CRC)
NYSE: CRC · Crude Petroleum & Natural Gas · Long Beach, CA · filing with the SEC since 2014
Grade4.8
◀ Past 3.8● Present 5.7▶ Future 5.4
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Mar 2, 2026 | Mar 3, 2025 | Feb 28, 2024 | Feb 24, 2023 | Feb 25, 2022 | Mar 11, 2021 | Feb 26, 2020 | Feb 27, 2019 | Feb 27, 2018 | Feb 24, 2017 |
| Revenue | 3,669 | 3,198 | 2,801 | 2,707 | 1,889 | · | 2,634 | 3,064 | 2,006 | 1,547 |
| For lenders | ||||||||||
| Interest and dividend income | 11 | 18 | 21 | 4 | · | · | · | · | · | · |
| Cost of revenue | · | · | · | · | · | · | 2,205 | 2,295 | 1,933 | · |
| Selling, general and administrative | 333 | 321 | 267 | 222 | 200 | · | 290 | 299 | 249r | 235r |
| Total operating expenses | 3,070 | 2,589 | 2,025 | 1,954 | · | · | · | · | · | · |
| Total costs and expenses | 3,070 | 2,589 | 2,025 | 1,954 | 1,720 | · | · | · | · | · |
| Operating income | 598 | 620 | 808 | 812 | 293 | · | 429 | 769 | 73r | -293r |
| Share of profit of equity-method investments | -4 | -10 | -9 | -1 | 0 | · | · | · | · | · |
| Other income (expense), net | 15 | -2 | 6 | 3 | -2 | · | · | · | · | 30 |
| Total non-operating income (expense) | -96 | -104 | -60 | -51 | -64 | · | -329 | -340 | -335r | 507 |
| Income before income taxes | 502 | 516 | 748 | 761 | 229 | · | 100 | 429 | -262 | 201 |
| Income tax expense | 139 | 140 | 184 | 237 | -396 | · | 1 | 0 | 0 | -78 |
| Net income including non-controlling interests | · | · | 564 | 524 | 625 | · | 99 | 429 | -262 | 279 |
| Net income to non-controlling interests | · | · | 0 | 0 | 13 | · | 127 | 101 | 4 | · |
| Net income | 363 | 376 | 564 | 524 | 612 | · | -28 | 328 | -266 | 279 |
| Net income to common shareholders | · | · | 564 | 524 | 612 | · | -28 | 321 | -266 | 273 |
| Earnings per share, basic | 4.17 | 4.74 | 8.10 | 6.94 | 7.46 | · | -0.57 | 6.77 | -6.26 | 6.76 |
| Earnings per share, diluted | 4.15 | 4.62 | 7.78 | 6.75 | 7.37 | · | -0.57 | 6.77 | -6.26 | 6.76 |
| Earnings per share, basic and diluted | · | · | · | · | · | · | · | · | -6.26 | 6.76 |
| Weighted average shares, basic | 87.0 | 79.3 | 69.6 | 75.5 | 82.0 | · | 49.0 | 47.4 | 42.5 | 40.4 |
| Weighted average shares, diluted | 87.4 | 81.4 | 72.5 | 77.6 | 83.0 | · | 49.0 | 47.4 | 42.5 | 40.4 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-10 reverse split of May 2016.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesInterest and dividend income what its loans and securities earned
us-gaap:InterestIncomeOperatingCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding