California Resources Corporation (CRC) Financial Ratios
14 years of historical data (2012–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↑
4.15
↑+21% vs avg
5yr avg: 3.43
30Y Low2.3·High11.2
P/FCF
↓
9.04
-3% vs avg
5yr avg: 9.27
30Y Low2.0·High33.3
P/B Ratio
↓
1.32
↓-17% vs avg
5yr avg: 1.59
30Y Low0.8·High2.1
ROE
↓
10.1%
↑-59% vs avg
5yr avg: 24.6%
30Y Low-419%·High223%
Debt/EBITDA
↑
0.92
↑+32% vs avg
5yr avg: 0.70
30Y Low0.4·High9.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CRC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
California Resources Corporation trades at 13.3x earnings, 61% above its 5-year average of 8.3x, sitting at the 100th percentile of its historical range. Compared to the Energy sector median P/E of 15.5x, the stock trades at a discount of 14%. On a free-cash-flow basis, the stock trades at 9.0x P/FCF, roughly in line with the 5-year average of 9.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.9B | $3.9B | $4.2B | $4.0B | $3.4B | $3.5B | $2.0B | $444M | $808M | $826M | $860M |
| Enterprise Value | $6.1B | $5.1B | $5.1B | $4.1B | $3.7B | $3.9B | $2.6B | $5.5B | $6.0B | $6.1B | $6.1B |
| P/E Ratio → | 13.33 | 10.77 | 11.23 | 7.03 | 6.45 | 5.80 | 1.04 | — | 2.52 | — | 3.15 |
| P/S Ratio | 1.36 | 1.08 | 1.43 | 1.41 | 1.04 | 1.38 | 1.22 | 0.16 | 0.26 | 0.39 | 0.49 |
| P/B Ratio | 1.32 | 1.06 | 1.19 | 1.79 | 1.81 | 2.10 | 1.66 | 0.88 | 1.59 | — | — |
| P/FCF | 9.04 | 7.20 | 12.07 | 8.62 | 10.86 | 7.61 | 33.31 | 2.01 | — | — | 15.64 |
| P/OCF | 5.67 | 4.52 | 6.98 | 6.15 | 4.89 | 5.37 | 18.54 | 0.66 | 1.75 | 3.33 | 6.62 |
P/E links to full P/E history page with 30-year chart
CRC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
California Resources Corporation's enterprise value stands at 4.2x EBITDA, 21% above its 5-year average of 3.4x. The Energy sector median is 7.8x, placing the stock at a 47% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.42 | 1.72 | 1.45 | 1.15 | 1.51 | 1.60 | 2.03 | 1.97 | 2.92 | 3.49 |
| EV / EBITDA | 4.15 | 3.48 | 4.51 | 3.50 | 2.34 | 3.33 | 6.98 | 4.01 | 3.59 | 9.49 | 11.16 |
| EV / EBIT | 7.20 | 6.03 | 8.42 | 5.07 | 4.58 | 13.70 | 1.23 | 11.33 | 7.48 | 75.46 | 11.83 |
| EV / FCF | — | 9.46 | 14.50 | 8.87 | 12.00 | 8.32 | 43.67 | 24.75 | — | — | 111.20 |
CRC Profitability
Margins and return-on-capital ratios measuring operating efficiency
California Resources Corporation earns an operating margin of 23.6%, above the Energy sector average of 13.8%. Operating margins have compressed from 31.8% to 23.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 10.1% is modest. ROIC of 13.8% represents solid returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.6% | 39.6% | 40.6% | 47.1% | 53.3% | 48.6% | 25.0% | 46.9% | 51.8% | 30.0% | 21.2% |
| Operating Margin | 23.6% | 23.6% | 22.0% | 31.8% | 41.6% | 35.2% | 0.4% | 31.6% | 37.2% | 3.5% | -0.8% |
| Net Profit Margin | 10.1% | 10.1% | 12.7% | 20.0% | 16.1% | 23.9% | 117.0% | -1.0% | 10.7% | -12.7% | 15.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.1% | 10.1% | 13.1% | 27.6% | 29.5% | 42.6% | 223.0% | -5.5% | 64.4% | — | — |
| ROA | 5.0% | 5.0% | 6.8% | 14.2% | 13.4% | 17.7% | 37.5% | -0.4% | 4.9% | -4.2% | 4.2% |
| ROIC | 13.8% | 13.8% | 14.5% | 29.5% | 47.9% | 35.5% | 0.1% | 11.3% | 16.6% | 1.2% | -0.2% |
| ROCE | 13.6% | 13.6% | 13.7% | 27.7% | 44.6% | 32.3% | 0.2% | 13.3% | 19.0% | 1.3% | -0.2% |
CRC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
California Resources Corporation carries a Debt/EBITDA ratio of 0.9x, which is very conservative (65% below the sector average of 2.6x). Net debt stands at $1.2B ($1.4B total debt minus $132M cash). Interest coverage of 8.0x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 0.37 | 0.35 | 0.27 | 0.36 | 0.38 | 0.54 | 9.97 | 10.32 | — | — |
| Debt / EBITDA | 0.92 | 0.92 | 1.09 | 0.52 | 0.42 | 0.55 | 1.73 | 3.69 | 3.12 | 8.24 | 9.61 |
| Net Debt / Equity | — | 0.33 | 0.24 | 0.05 | 0.19 | 0.20 | 0.52 | 9.93 | 10.28 | — | — |
| Net Debt / EBITDA | 0.83 | 0.83 | 0.76 | 0.10 | 0.22 | 0.28 | 1.66 | 3.68 | 3.11 | 8.21 | 9.59 |
| Debt / FCF | — | 2.26 | 2.43 | 0.25 | 1.14 | 0.71 | 10.36 | 22.74 | — | — | 95.56 |
| Interest Coverage | 8.04 | 8.04 | 6.93 | 14.36 | 15.36 | 5.24 | 9.62 | 1.26 | 2.13 | 0.24 | 1.58 |
CRC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.89x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.51x to 0.89x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.89 | 0.89 | 1.04 | 1.51 | 0.97 | 0.88 | 0.70 | 0.69 | 1.05 | 0.66 | 0.59 |
| Quick Ratio | 0.79 | 0.79 | 0.95 | 1.39 | 0.90 | 0.81 | 0.57 | 0.60 | 0.94 | 0.58 | 0.51 |
| Cash Ratio | 0.13 | 0.13 | 0.38 | 0.81 | 0.34 | 0.36 | 0.06 | 0.02 | 0.03 | 0.03 | 0.02 |
| Asset Turnover | — | 0.49 | 0.41 | 0.70 | 0.82 | 0.67 | 0.52 | 0.39 | 0.43 | 0.34 | 0.28 |
| Inventory Turnover | 20.53 | 20.53 | 19.50 | 20.65 | 25.33 | 21.97 | 19.77 | 21.36 | 21.38 | 26.20 | 23.83 |
| Days Sales Outstanding | — | 46.08 | 57.64 | 36.07 | 45.71 | 41.55 | 49.68 | 47.03 | 43.73 | 61.47 | 57.47 |
CRC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
California Resources Corporation returns 10.5% to shareholders annually — split between a 2.8% dividend yield and 7.7% buyback yield. The payout ratio of 37.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.8% | 3.5% | 2.7% | 2.0% | 1.7% | 0.4% | — | — | — | — | — |
| Payout Ratio | 37.5% | 37.5% | 30.1% | 14.4% | 11.3% | 2.3% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.5% | 9.3% | 8.9% | 14.2% | 15.5% | 17.3% | 95.8% | — | 39.7% | — | 31.8% |
| FCF Yield | 11.1% | 13.9% | 8.3% | 11.6% | 9.2% | 13.1% | 3.0% | 49.7% | — | — | 6.4% |
| Buyback Yield | 7.7% | 9.6% | 4.5% | 3.6% | 9.3% | 4.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 10.5% | 13.1% | 7.2% | 5.7% | 11.0% | 4.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $87M | $81M | $73M | $78M | $83M | $83M | $49M | $47M | $43M | $40M |
Peer Comparison
Compare CRC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CRCYou | $5B | 13.3 | 4.2 | 9.0 | 39.6% | 23.6% | 10.1% | 13.8% | 0.9 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 SM | $3B | 4.8 | 2.5 | 5.4 | 31.9% | 26.1% | 14.3% | 8.9% | 1.1 |
 MTDR | $6B | 8.1 | 4.0 | 25.5 | 43.7% | 32.5% | 13.3% | 10.5% | 1.5 |
 CRGY | $3B | 19.3 | 5.6 | 4.7 | 22.6% | 13.2% | 2.8% | 3.9% | 3.5 |
 BATL | $20M | -0.5 | 4.0 | — | 10.8% | -4.0% | 6.3% | -1.5% | 4.2 |
 OXY | $52B | 32.2 | 6.5 | 12.6 | 33.8% | 17.2% | 6.7% | 4.7% | 2.1 |
 CVX | $346B | 26.2 | 10.4 | 20.9 | 30.4% | 9.0% | 7.1% | 6.2% | 1.3 |
 COP | $131B | 17.0 | 6.4 | 7.8 | 24.6% | 19.6% | 12.4% | 10.4% | 1.0 |
 DVN | $26B | 10.0 | 4.5 | 8.4 | 24.7% | 22.0% | 17.5% | 12.3% | 1.2 |
 APA | $12B | 8.3 | 3.0 | 6.6 | 37.3% | 30.8% | 21.5% | 17.8% | 0.9 |
| Energy Median | — | 15.5 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
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CRC — Frequently Asked Questions
Quick answers to the most common questions about buying CRC stock.
What is California Resources Corporation's P/E ratio?
California Resources Corporation's current P/E ratio is 13.3x. The historical average is 6.0x. This places it at the 100th percentile of its historical range.
What is California Resources Corporation's EV/EBITDA?
California Resources Corporation's current EV/EBITDA is 4.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.3x.
What is California Resources Corporation's ROE?
California Resources Corporation's return on equity (ROE) is 10.1%. The historical average is -1.8%.
Is CRC stock overvalued?
Based on historical data, California Resources Corporation is trading at a P/E of 13.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is California Resources Corporation's dividend yield?
California Resources Corporation's current dividend yield is 2.81% with a payout ratio of 37.5%.
What are California Resources Corporation's profit margins?
California Resources Corporation has 39.6% gross margin and 23.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does California Resources Corporation have?
California Resources Corporation's Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.