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Other financials

Income statement

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Revenue$119.0M-87.0%
Operating income-$711.0M-482%
Net income-$711.0M-718%
EPS (diluted)-$8.02-737%

Balance sheet

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Cash & equivalents$40.0M-81.3%
Total debt$1.4B+25.7%
Total equity$2.9B-17.0%
Total assets$7.1B+4.7%

Cash flow

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Operating cash flow$99.0M-46.8%
CapEx$131.0M+138%
Free cash flow-$32.0M-124%

Valuation

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Market cap$4.67B+7.3%
Enterprise value$6.01B+11.8%
P/S1.6×+0.6×

Profitability

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Operating margin-10.4%-32.6pp
Net margin-16.1%-29.8pp
FCF margin13.2%+0.8pp

Returns & leverage

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Return on equity-14.4%-32.3pp
Debt / equity0.5×+0.2×
Current ratio0.5×-0.3×

Where this comes from

Reported directly by California Resources in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The source filing: California Resources’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001609253-26-000106
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Proceeds from Revolving Credit Facility245
Repayments of Revolving Credit Facility(220)
Proceeds from 2034 Senior Notes, net347
Repurchases of common stock(10)(101)
Common stock dividends(36)(35)
Dividend equivalents on equity-settled awards(2)(1)
Issuance of common stock6
Shares cancelled for taxes(12)(11)

Cover / Front Matter

FAQ

What is California Resources's share buybacks?
California Resources (CRC) reported share buybacks of $10M in Q1 2026.
How has California Resources's share buybacks changed year-over-year?
California Resources's share buybacks decreased by 90.1% year-over-year, from $101M to $10M.
What is the long-term trend for California Resources's share buybacks?
Over 4 years (2021 to 2025), California Resources's share buybacks has grown at a 26.3% compound annual growth rate (CAGR), from $148M to $377M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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