California Resources Corporation (CRC) FCF Payout Ratio: 35.75%
Is California Resources Corporation’s FCF payout ratio high or low?
California Resources Corporation's FCF payout ratio of 35.75% is 84% above its 4-year average of 19.38%, near the high end of its 4-year range (3.00%–35.75%).
24.71% above its 12-month average of 28.67%.
CRC FCF Payout Ratio Chart
CRC Average FCF Payout Ratio Chart
CRC Current vs Average FCF Payout Ratio Chart
CRC FCF Payout Ratio Metrics
FCF PAYOUT RATIO
35.75%
FCF PAYOUT RATIO AVG TTM
28.67%
FCF PAYOUT RATIO AVG 3Y
23.48%
FCF PAYOUT RATIO AVG 5Y
19.38%
FCF PAYOUT RATIO AVG 10Y
116.15%
FCF PAYOUT RATIO AVG 15Y
N/A
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+24.71%
CURRENT VS 3Y AVG
+52.27%
CURRENT VS 5Y AVG
+84.44%
CURRENT VS 10Y AVG
-69.22%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio
35.8%
Earnings Payout Ratio
38.4%
Dividend Yield
2.73%
FCF Yield
7.50%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $543.00M | $136.00M | 25.0% |
| 2024 | $350.00M | $113.00M | 32.3% |
| 2023 | $460.00M | $81.00M | 17.6% |
| 2022 | $311.00M | $59.00M | 19.0% |
| 2021 | $466.00M | $14.00M | 3.0% |
| 2020 | $59.00M | $0 | 0.0% |
| 2019 | $221.00M | $0 | 0.0% |
| 2018 | ($229.00M) | $0 | N/A (Loss) |
| 2017 | ($123.00M) | $0 | N/A (Loss) |
| 2016 | $55.00M | $0 | 0.0% |
| 2015 | $2.00M | $12.00M | 600.0% |
| 2014 | $351.00M | $6.00B | n/m |
| 2013 | $807.00M | $763.00M | 94.5% |
| 2012 | ($108.00M) | $0 | N/A (Loss) |
| 2011 | $292.00M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
California Resources Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
California Resources Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for California Resources Corporation (CRC)?
- The FCF payout ratio for CRC stock is 35.75%.
- Is California Resources Corporation's FCF payout ratio high or low?
- California Resources Corporation's FCF payout ratio of 35.75% is 84% above its 4-year average of 19.38%, near the high end of its 4-year range (3.00%–35.75%).
- What is the TTM average FCF payout ratio for California Resources Corporation (CRC)?
- The TTM average FCF payout ratio for CRC stock is 28.67%.
- What is the 3Y average FCF payout ratio for California Resources Corporation (CRC)?
- The 3Y average FCF payout ratio for CRC stock is 23.48%.
- What is the 5Y average FCF payout ratio for California Resources Corporation (CRC)?
- The 5Y average FCF payout ratio for CRC stock is 19.38%.
- What is the 10Y average FCF payout ratio for California Resources Corporation (CRC)?
- The 10Y average FCF payout ratio for CRC stock is 116.15%.
California Resources Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 25.05% |
| 2024-12-31 | 32.29% |
| 2023-12-31 | 17.61% |
| 2022-12-31 | 18.97% |
| 2021-12-31 | 3.00% |
| 2015-12-31 | 600.00% |
| 2013-12-31 | 94.55% |
About California Resources Corporation
California Resources Corporation functions as an independent enterprise primarily engaged in oil and natural gas ventures. Its operations encompass the full spectrum from exploration and extraction of crude oil, natural gas, and natural gas liquids, through their collection and processing, to their ultimate marketing. These energy products are supplied to various clients, including energy marketers, refineries located in California, and other purchasers who possess the necessary transport and storage infrastructure. As of December 31, 2021, the company held rights to approximately 1.9 million net mineral acres, with its proven reserves estimated at 480 million barrels of oil equivalent (BOE). Additionally, the firm also produces and supplies electricity to both the local utility and the broader power grid. Established in 2014, the corporation is headquartered in Santa Clarita, California.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Francisco J. Leon