California Resources price to free cash flow CRC

Market value divided by free cash flow over the last twelve months, since 2015.

Today, Oct 23, 2026: 12.6×
10-year median: 9.2×
Against its 10-year history: 75th; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.1× to 69.7×
Peer median: 10.3×

California Resources' price to free cash flow is 12.6× as of Oct 23, 2026.

That is above its ten-year median of 9.2×, higher than on 75% of days in the last ten years.

Over that time it ranged from 0.1× in Jul 2020 to 69.7× in Jan 2017.

The median for 10 oil and gas producers of a similar size is 10.3×.

Price to free cash flow over time

median 9.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.6×	7.0×	14.5×
2025	6.8×	6.7×	16.3×
2024	15.3×	7.2×	18.1×
2023	8.5×	5.4×	10.1×
2022	7.8×	6.8×	9.1×
2021	11.7×	10.5×	12.4×
2020	11.0×	0.1×	17.8×
2019	15.5×	10.4×	15.9×
2018	n/m a value too high to mean anything
2017	20.6×	7.1×	69.7×
2016	67.5×	10.6×	67.5×
2015	76.6×	65.1×	152×

Against its peers

Companies in Oil & Gas Exploration & Production nearest California Resources' size, closest first, today.

Company	Price to free cash flow
CRCCalifornia Resources	12.6×
CNXCNX Resources	10.3×
CRKComstock Resources	n/m
HESMHess Midstream	4.7×
PARRPAR Pacific	9.4×
LBLandBridge Co LLC	40.3×
MGYMagnolia Oil & Gas	11.4×
MURMurphy Oil	4.2×
BSMBlack Stone Minerals	15.5×
MTDRMatador Resources	2.9×
GPORGulfport Energy	11.8×
Peer median	10.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on California Resources

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.