CRC (California Resources) EBIT: $-93 Mil (TTM As of Jun. 2026)

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CRC California Resources Corp CRC
67 GF Score
Price $53.31
GF Value $57.51
Valuation Fairly Valued
! 4 Warning Signs
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What is California Resources EBIT?

California Resources CRC +1.06% 67 EBIT is $-93 Mil as of Jun. 2026. GuruFocus rates CRC with a GF Score™ of 67/100 and a GF Value™ of $57.51 (Fairly Valued). The stock has 4 warning signs investors should review.

California Resources's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was $486 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $-93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. California Resources's annualized ROC % for the quarter that ended in Jun. 2026 was 18.09%. California Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 31.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. California Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -1.53%.


California Resources  (NYSE:CRC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

California Resources's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1244 * ( 1 - 0% )/( (7097 + 6658)/ 2 )
=1244/6877.5
=18.09 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

California Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1944/( ( (5981 + max(-802, 0)) + (5923 + max(474, 0)) )/ 2 )
=1944/( ( 5981 + 6397 )/ 2 )
=1944/6189
=31.41 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(454 + 107 + 65) - (705 + 11 + 712)
=-802

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(342 + 111 + 188) - (389 + 0 + -222)
=474

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

California Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=-93/6072.988
=-1.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


California Resources EBIT Related Terms


California Resources EBIT Historical Data

* Premium members only.

The historical data trend for California Resources's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

California Resources EBIT Chart

California Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 283.00 814.00 804.00 603.00 608.00

California Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 267.00 100.00 52.00 -731.00 486.00

CRC vs CNX, CRK, MUR: EBIT Comparison

For the Oil & Gas E&P subindustry, California Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


California Resources EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, California Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where California Resources's EV-to-EBIT falls into.


CRC
67GF Score
California Resources Corp CRC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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California Resources EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-93 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-93 Mil mean?
California Resources (CRC) has a EBIT of $-93 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on California Resources.
Is California Resources' EBIT too high?
California Resources' current EBIT is $-93 Mil. Overall, California Resources has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Resources' EBIT compare to CNX and CRK?
California Resources' EBIT of $-93 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on California Resources. California Resources's current EBIT is $-93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Resources stock overvalued right now?
Based on GuruFocus' analysis, California Resources (CRC) is currently considered Fairly Valued. The stock's GF Value™ is $57.51, compared to a current price of $53.31 — trading 7.3% below its estimated fair value. The current EBIT is $-93 Mil. California Resources' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For California Resources (CRC), the current EBIT is $-93 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is California Resources (CRC) Overvalued in 2026?

Based on GuruFocus' analysis, California Resources stock appears to be undervalued. The current stock price of $53.31 is trading 7.3% below its estimated GF Value™ of $57.51. GuruFocus considers California Resources to be Fairly Valued.

Key valuation signals for CRC:

  • EBIT: $-93 Mil
  • GF Value™: $57.51 vs. price of $53.31 (7.3% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the CRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


California Resources Business Description

Industry EnergyOil & Gas
Other Exchanges 1CLD:Germany
Address 1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
67GF Score

Get the complete analysis for CRC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$53.31
Price
$57.51
GF Value