California Resources Corporation (CRC) Net Income
The trailing-twelve-month (TTM) net income for California Resources Corporation (CRC) is ($463.00 Million) — a year-over-year growth rate is not meaningful while net income is negative, so we show an honest n/m rather than a sign-ambiguous percentage. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
CRC Annual Net Income
Net Income (TTM)
($463.00M)
($463.00 Million)
Year-over-Year Change
n/m
not meaningful — net income is negative this period
Net Income CAGR
(26.94%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(192.42%)
3 Year
(11.51%)
5 Year
(26.94%)
10 Year
(7.46%)
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $363.00M | ($13.00M) | (3.46%) |
| 2024 | $376.00M | ($188.00M) | (33.33%) |
| 2023 | $564.00M | +$40.00M | +7.63% |
| 2022 | $524.00M | ($88.00M) | (14.38%) |
| 2021 | $612.00M | ($1.27B) | (67.48%) |
| 2020 | $1.88B | +$1.91B | — |
| 2019 | ($28.00M) | ($356.00M) | (108.54%) |
| 2018 | $328.00M | +$594.00M | — |
| 2017 | ($266.00M) | ($545.00M) | (195.34%) |
| 2016 | $279.00M | +$3.83B | — |
Net Income Growth Summary
TTM Growth
n/m
3-Year Avg Growth
n/m
5-Year Avg Growth
n/m
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