California Resources annual debt-to-equity ratio
2014
2020
2020
2021
2022
2023
2024
2025
California Resources Debt-to-Equity Ratio Growth & History (CRC)
California Resources's debt-to-equity ratio was 0.37 for fiscal 2025.
View full California Resources company overviewCalifornia Resources annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.37 | 0.02 | +6.21% |
| 2024 | 2024-12-31 | 0.35 | 0.07 | +26.88% |
| 2023 | 2023-12-31 | 0.27 | −0.08 | −22.60% |
| 2022 | 2022-12-31 | 0.36 | −0.02 | −5.89% |
| 2021 | 2021-12-31 | 0.38 | −0.19 | −32.90% |
| 2020 · Dec 31 | 2020-12-31 | 0.56 | — | — |
| 2020 · Oct 31 | 2020-10-31 | 0.57 | — | — |
| 2014 | 2014-12-31 | 2.44 | — | — |
California Resources quarterly debt-to-equity ratio
Q4.14
Q1.15
Q2.15
Q3.15
Q4.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.40 | 0.08 | +23.53% |
| Q1 2026 | 2026-03-31 | 0.47 | 0.16 | +51.50% |
| Q4 2025 | 2025-12-31 | 0.37 | 0.02 | +6.21% |
| Q3 2025 | 2025-09-30 | 0.32 | −0.03 | −8.47% |
| Q2 2025 | 2025-06-30 | 0.32 | −0.28 | −46.74% |
| Q1 2025 | 2025-03-31 | 0.31 | 0.02 | +5.91% |
| Q4 2024 | 2024-12-31 | 0.35 | 0.07 | +26.88% |
| Q3 2024 | 2024-09-30 | 0.35 | 0.03 | +9.24% |
| Q2 2024 | 2024-06-30 | 0.60 | 0.28 | +88.69% |
| Q1 2024 | 2024-03-31 | 0.29 | −0.02 | −6.14% |
| Q4 2023 | 2023-12-31 | 0.27 | −0.08 | −22.60% |
| Q3 2023 | 2023-09-30 | 0.32 | 0.00 | +0.29% |
| Q2 2023 | 2023-06-30 | 0.32 | −0.07 | −18.13% |
| Q1 2023 | 2023-03-31 | 0.31 | −0.10 | −23.84% |
| Q4 2022 | 2022-12-31 | 0.36 | −0.02 | −5.89% |
| Q3 2022 · Sep 30 | 2022-09-30 | 0.32 | −0.24 | −43.10% |
| Q2 2022 | 2022-06-30 | 0.39 | −0.27 | −40.93% |
| Q1 2022 | 2022-03-31 | 0.41 | −0.19 | −31.86% |
| Q4 2021 | 2021-12-31 | 0.38 | −0.19 | −32.90% |
| Q3 2021 | 2021-09-30 | 0.56 | — | — |
| Q2 2021 | 2021-06-30 | 0.66 | — | — |
| Q1 2021 | 2021-03-31 | 0.60 | — | — |
| Q4 2020 | 2020-12-31 | 0.56 | — | — |
| Q4 2020 | 2020-10-31 | 0.57 | — | — |
| Q3 2015 | 2015-09-30 | 2.75 | — | — |
| Q2 2015 | 2015-06-30 | 2.68 | — | — |
| Q1 2015 | 2015-03-31 | 2.61 | — | — |
| Q4 2014 | 2014-12-31 | 2.44 | — | — |
California Resources debt-to-equity ratio trends
Over the last five fiscal years, California Resources's debt-to-equity ratio decreased from 0.56 to 0.37, a change of −0.19. The latest reported quarter, Q2 2026, shows 0.40.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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