California Resources Corp (CRC)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 620,000 | 808,000 | 812,000 | 293,000 | 429,000 |
| Total assets | US$ in thousands | 7,135,000 | 3,998,000 | 3,967,000 | 3,846,000 | 6,958,000 |
| Operating ROA | 8.69% | 20.21% | 20.47% | 7.62% | 6.17% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $620,000K ÷ $7,135,000K
= 8.69%
Operating return on assets (ROA) for California Resources Corp has displayed fluctuations over the period under consideration. The trend shows an increase from 6.17% as of December 31, 2019, to 7.62% as of December 31, 2021. A significant surge is observed in the subsequent years, reaching 20.47% as of December 31, 2022, and maintaining a high level at 20.21% as of December 31, 2023. However, there is a notable decline in operating ROA to 8.69% as of December 31, 2024. Overall, the company has shown variability in its operating ROA performance, with the need to assess the underlying factors contributing to these fluctuations for a more precise evaluation.
Peer comparison
Dec 31, 2024