California Resources Corporation (CRC) Tax Rate: 27.69%
Is California Resources Corporation’s tax rate high or low?
California Resources Corporation's tax rate of 27.69% is 366% above its 5-year average of -10.40%, near the high end of its 5-year range (-172.93%–31.14%).
1.02% above its 12-month average of 27.41%.
CRC Tax Rate Chart
CRC Average Tax Rate Chart
CRC Current vs Average Tax Rate Chart
CRC Tax Rate Metrics
TAX RATE
27.69%
TAX RATE AVG TTM
27.41%
TAX RATE AVG 3Y
27.64%
TAX RATE AVG 5Y
-10.40%
TAX RATE AVG 10Y
-15.57%
TAX RATE AVG 15Y
22.60%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+1.02%
CURRENT VS 3Y AVG
+0.18%
CURRENT VS 5Y AVG
+366.38%
CURRENT VS 10Y AVG
+277.80%
CURRENT VS 15Y AVG
+22.55%
CURRENT VS 20Y AVG
N/A
California Resources Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
California Resources Corporation Tax Rate FAQ
- What is the tax rate for California Resources Corporation (CRC)?
- The tax rate for CRC stock is 27.69%.
- Is California Resources Corporation's tax rate high or low?
- California Resources Corporation's tax rate of 27.69% is 366% above its 5-year average of -10.40%, near the high end of its 5-year range (-172.93%–31.14%).
- What is the TTM average tax rate for California Resources Corporation (CRC)?
- The TTM average tax rate for CRC stock is 27.41%.
- What is the 3Y average tax rate for California Resources Corporation (CRC)?
- The 3Y average tax rate for CRC stock is 27.64%.
- What is the 5Y average tax rate for California Resources Corporation (CRC)?
- The 5Y average tax rate for CRC stock is -10.40%.
- What is the 10Y average tax rate for California Resources Corporation (CRC)?
- The 10Y average tax rate for CRC stock is -15.57%.
- What is the 15Y average tax rate for California Resources Corporation (CRC)?
- The 15Y average tax rate for CRC stock is 22.60%.
California Resources Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 27.69% |
| 2024-12-31 | 27.13% |
| 2023-12-31 | 24.60% |
| 2022-12-31 | 31.14% |
| 2021-12-31 | -172.93% |
| 2020-12-31 | 0.00% |
| 2019-12-31 | 1.00% |
| 2018-12-31 | 23.54% |
| 2017-12-31 | -129.77% |
| 2016-12-31 | -38.81% |
| 2015-12-31 | 35.10% |
| 2014-12-31 | 40.77% |
| 2013-12-31 | 39.94% |
| 2012-12-31 | 40.81% |
| 2011-12-31 | 40.83% |
Related Metrics
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