California Resources Corporation (CRC) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
Revenue Growth Metrics
Revenue Breakdown (FY 2024)
CRC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
CRC Revenue Analysis (2013–2024)
As of March 2, 2026, California Resources Corporation (CRC) generated trailing twelve-month (TTM) revenue of $3.53 billion, reflecting significant decline in growth of -11.9% year-over-year. The most recent quarter (Q3 2025) recorded $878.0 million in revenue, up 6.9% sequentially.
Looking at the longer-term picture, CRC's 5-year compound annual growth rate (CAGR) stands at +1.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $4.28 billion in 2013.
Revenue diversification analysis shows CRC's business is primarily driven by Natural Gas, Production (54%), Oil and Condensate (42%), and Propane (3%). With over half of revenue concentrated in Natural Gas, Production, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CRGY (+22.1% YoY), MNR (+11.6% YoY), and TXO (+27.7% YoY), CRC has underperformed the peer group in terms of revenue growth. Compare CRC vs CRGY →
Peer Comparison
Compare CRC's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRCCurrent | $3.5B | -11.9% | +1.9% | 22.0% | |
| CRGY | $3.6B | +22.1% | +36.5% | 6.4% | |
| MNR | $970M | +11.6% | - | 30.0% | |
| TXO | $283M | +27.7% | - | -2.4% | |
| SD | $125M | +29.7% | -14.0% | 26.5% | |
| PNRG | $234M | -6.0% | +16.5% | 29.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $2.96B | +5.1% | $1.20B | 40.6% | $651.0M | 22.0% |
| 2023 | $2.81B | -13.7% | $1.33B | 47.1% | $894.0M | 31.8% |
| 2022 | $3.26B | +27.0% | $1.74B | 53.3% | $1.35B | 41.6% |
| 2021 | $2.56B | +59.4% | $1.25B | 48.6% | $902.0M | 35.2% |
| 2020 | $1.61B | -40.3% | $403.0M | 25.0% | $7.0M | 0.4% |
| 2019 | $2.69B | -12.1% | $1.26B | 46.9% | $851.0M | 31.6% |
| 2018 | $3.06B | +46.1% | $1.59B | 51.8% | $1.14B | 37.2% |
| 2017 | $2.10B | +19.6% | $629.0M | 30.0% | $73.0M | 3.5% |
| 2016 | $1.75B | -25.4% | $371.0M | 21.2% | $-14,000,000 | -0.8% |
| 2015 | $2.35B | -43.7% | $360.0M | 15.3% | $-174,000,000 | -7.4% |
See CRC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CRC Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare CRC vs INR
See how CRC stacks up against sector leader Infinity Natural Resources, Inc..
Start ComparisonFrequently Asked Questions
Is CRC's revenue growth accelerating or slowing?
CRC revenue declined -11.9% year-over-year, contrasting with the 5-year CAGR of +1.9%. TTM revenue fell to $3.5B. This reverses the prior growth trend.
What is CRC's long-term revenue growth rate?
California Resources Corporation's 5-year revenue CAGR of +1.9% reflects the variable expansion pattern. Current YoY growth of -11.9% is below this long-term average.
How is CRC's revenue distributed by segment?
CRC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.