# California Resources Corporation (CRC) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $54.22, market value $4.8 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). California Resources Corporation reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.9×**. Enterprise value is 12.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 8.0%** (5-yr avg 12.1%). Free cash flow equals 8.0% of the market value, below its five-year average of 12.1%, so the shares are pricier on cash than usual. Above 5% is generally attractive.

## Profitability
- **Operating margin: -1.5%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 12.5%**. 12.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.9%**. 9.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -0.9%**. Return on all capital, debt included, is -0.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.6%**. Each dollar of assets produces -1.6% of profit.

## Growth
- **Revenue growth (1 yr): 14.7%** (3-yr 3.3%/yr, 5-yr 5.1%/yr). Revenue grew 14.7% over the last year, against 5.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -10.2%** (3-yr -15.0%/yr). Earnings per share fell 10.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 20.4%/yr**. Free cash flow has compounded at 20.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.35**. Debt is 0.35 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.5×**. It would take 2.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.99%** ($1.60 per share, trailing). California Resources Corporation yields 2.99%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 37%** (36% of free cash flow). 37% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.

## Analyst view
- **Analyst consensus: strong_buy** (11 analysts). 11 analysts cover California Resources Corporation; the consensus is strong_buy, with an average price target of $76.73 (+42% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 7.5%** (YTD 22.9%, 3-mo -7.1%). The shares are up 7.5% over twelve months including dividends.
- **From 52-week high: -24.7%** (25.4% above the low). Trading 25% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.01** (volatility 35%). Beta of 0.01 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CRC · Page: https://foliofundamentals.com/stocks/crc

Not investment advice.