California Resources Corp (CRC)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 376,000 | 531,000 | 164,000 | 253,000 | 564,000 | 459,000 | 907,000 | 1,000,000 | 524,000 | 1,155,000 | 832,000 | 531,000 | 612,000 | -225,000 | -357,000 | -517,000 | -2,219,000 | -2,163,000 | -2,040,000 | -1,757,000 |
| Total stockholders’ equity | US$ in thousands | 3,538,000 | 3,501,000 | 2,052,000 | 2,093,000 | 2,219,000 | 2,050,000 | 2,110,000 | 2,092,000 | 1,864,000 | 1,855,000 | 1,517,000 | 1,433,000 | 1,688,000 | 1,052,000 | 893,000 | 1,046,000 | 1,138,000 | -2,341,000 | -2,452,000 | -2,183,000 |
| ROE | 10.63% | 15.17% | 7.99% | 12.09% | 25.42% | 22.39% | 42.99% | 47.80% | 28.11% | 62.26% | 54.85% | 37.06% | 36.26% | -21.39% | -39.98% | -49.43% | -194.99% | — | — | — |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $376,000K ÷ $3,538,000K
= 10.63%
California Resources Corp's return on equity (ROE) has shown significant fluctuations over the analyzed period. The company reported negative ROE figures in the range of -194.99% to -21.39% in the initial quarters of the data set, indicating challenges in generating profits relative to shareholders' equity.
However, from December 31, 2021, to June 30, 2022, the ROE started to improve, reaching positive values of 36.26% to 54.85%. This upward trend continued until March 31, 2023, with ROE peaking at 47.80%. The company's performance during this period reflected stronger profitability in relation to shareholders' equity.
Subsequently, there was a slight decline in ROE from June 30, 2023, to December 31, 2024, with values ranging from 7.99% to 15.17%. Despite this fluctuation, California Resources Corp maintained positive ROE figures, suggesting a reasonable level of profitability relative to equity during this period.
Overall, the analysis indicates that California Resources Corp has experienced variations in ROE, with initial challenges giving way to improved profitability in some quarters. However, the company faced some fluctuations in ROE values in the latter part of the analyzed period, highlighting the need for continued monitoring of its financial performance.
Peer comparison
Dec 31, 2024