For the year ending 2025-12-31, CRC made $3,669M in revenue. $363M in net income. Net profit margin of 9.89%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total operating revenues | 3,669 | 3,198 | ||
| Operating costs | 1,252 | 966 | ||
| General and administrative expenses | 333 | 321 | ||
| Cost of sales | - | 193 | ||
| Depreciation, depletion and amortization | 511 | 388 | ||
| Asset impairment | 59 | 14 | ||
| Taxes other than on income | 242 | 242 | ||
| Cost of sales-Marketing Of Purchased Commodities | 182 | - | ||
| Cost of sales-Electricity Generation Expenses | 38 | - | ||
| Cost of sales-Transportation Costs | 79 | - | ||
| Accretion expense | 114 | 87 | ||
| Net loss on natural gas purchase derivatives | -50 | -30 | ||
| Carbon management business expenses | - | 56 | ||
| Measurement period adjustments, net | 1 | -12 | ||
| Other operating expenses, net | -209 | -183 | ||
| Total operating expenses | 3,070 | 2,589 | ||
| (loss) gain on asset divestitures | -1 | 11 | ||
| Operating income | 598 | 620 | ||
| Interest and debt expense, net | 106 | 87 | ||
| Loss on early extinguishment of debt | -1 | -5 | ||
| Equity loss from unconsolidated subsidiaries | -4 | -10 | ||
| Other non-operating income (expense), net | 15 | -2 | ||
| Income before income taxes | 502 | 516 | ||
| Income tax provision | 139 | 140 | ||
| Net income | 363 | 376 | ||
| Basic EPS | 4.17 | 4.74 | ||
| Diluted EPS | 4.15 | 4.62 | ||
| Basic Average Shares | 87,000,000 | 79,300,000 | ||
| Diluted Average Shares | 87,400,000 | 81,400,000 | ||
California Resources Corp (CRC)
California Resources Corp (CRC)