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Side-by-side financial comparison of California Resources Corp (CRC) and Evergy (EVRG). Click either name above to swap in a different company.

Evergy is the larger business by last-quarter revenue ($1.3B vs $679.0M, roughly 1.9× California Resources Corp). Evergy runs the higher net margin — 6.5% vs 1.8%, a 4.8% gap on every dollar of revenue. On growth, Evergy posted the faster year-over-year revenue change (5.3% vs -17.8%). California Resources Corp produced more free cash flow last quarter ($115.0M vs $-530.5M). Over the past eight quarters, California Resources Corp's revenue compounded faster (25.8% CAGR vs 0.4%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.

CRC vs EVRG — Head-to-Head

Bigger by revenue
EVRG
EVRG
1.9× larger
EVRG
$1.3B
$679.0M
CRC
Growing faster (revenue YoY)
EVRG
EVRG
+23.1% gap
EVRG
5.3%
-17.8%
CRC
Higher net margin
EVRG
EVRG
4.8% more per $
EVRG
6.5%
1.8%
CRC
More free cash flow
CRC
CRC
$645.5M more FCF
CRC
$115.0M
$-530.5M
EVRG
Faster 2-yr revenue CAGR
CRC
CRC
Annualised
CRC
25.8%
0.4%
EVRG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRC
CRC
EVRG
EVRG
Revenue
$679.0M
$1.3B
Net Profit
$12.0M
$84.3M
Gross Margin
Operating Margin
6.9%
18.5%
Net Margin
1.8%
6.5%
Revenue YoY
-17.8%
5.3%
Net Profit YoY
-63.6%
7.8%
EPS (diluted)
$0.21
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRC
CRC
EVRG
EVRG
Q4 25
$679.0M
$1.3B
Q3 25
$715.0M
$1.8B
Q2 25
$702.0M
$1.4B
Q1 25
$814.0M
$1.3B
Q4 24
$826.0M
$1.2B
Q3 24
$870.0M
$1.8B
Q2 24
$412.0M
$1.4B
Q1 24
$429.0M
$1.3B
Net Profit
CRC
CRC
EVRG
EVRG
Q4 25
$12.0M
$84.3M
Q3 25
$64.0M
$475.0M
Q2 25
$172.0M
$171.3M
Q1 25
$115.0M
$125.0M
Q4 24
$33.0M
$78.2M
Q3 24
$345.0M
$465.6M
Q2 24
$8.0M
$207.0M
Q1 24
$-10.0M
$122.7M
Operating Margin
CRC
CRC
EVRG
EVRG
Q4 25
6.9%
18.5%
Q3 25
13.7%
37.3%
Q2 25
38.0%
25.4%
Q1 25
22.9%
22.5%
Q4 24
8.2%
18.1%
Q3 24
59.5%
35.1%
Q2 24
9.2%
25.4%
Q1 24
-0.9%
20.3%
Net Margin
CRC
CRC
EVRG
EVRG
Q4 25
1.8%
6.5%
Q3 25
9.0%
26.9%
Q2 25
24.5%
12.6%
Q1 25
14.1%
9.7%
Q4 24
4.0%
6.4%
Q3 24
39.7%
26.0%
Q2 24
1.9%
14.7%
Q1 24
-2.3%
9.6%
EPS (diluted)
CRC
CRC
EVRG
EVRG
Q4 25
$0.21
$0.35
Q3 25
$0.76
$2.03
Q2 25
$1.92
$0.74
Q1 25
$1.26
$0.54
Q4 24
$0.87
$0.34
Q3 24
$3.78
$2.02
Q2 24
$0.11
$0.90
Q1 24
$-0.14
$0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRC
CRC
EVRG
EVRG
Cash + ST InvestmentsLiquidity on hand
$132.0M
$19.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$10.2B
Total Assets
$7.4B
$33.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
EVRG
EVRG
Q4 25
$132.0M
$19.8M
Q3 25
$196.0M
$27.5M
Q2 25
$72.0M
$27.8M
Q1 25
$214.0M
$35.3M
Q4 24
$372.0M
$22.0M
Q3 24
$241.0M
$34.6M
Q2 24
$1.0B
$26.1M
Q1 24
$403.0M
$63.7M
Total Debt
CRC
CRC
EVRG
EVRG
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$541.0M
Stockholders' Equity
CRC
CRC
EVRG
EVRG
Q4 25
$3.7B
$10.2B
Q3 25
$3.4B
$10.3B
Q2 25
$3.4B
$10.0B
Q1 25
$3.5B
$9.9B
Q4 24
$3.5B
$10.0B
Q3 24
$3.5B
$10.0B
Q2 24
$2.1B
$9.7B
Q1 24
$2.1B
$9.6B
Total Assets
CRC
CRC
EVRG
EVRG
Q4 25
$7.4B
$33.9B
Q3 25
$6.8B
$33.4B
Q2 25
$6.7B
$32.9B
Q1 25
$6.8B
$32.5B
Q4 24
$7.1B
$32.3B
Q3 24
$7.1B
$32.1B
Q2 24
$4.5B
$31.8B
Q1 24
$3.9B
$31.3B
Debt / Equity
CRC
CRC
EVRG
EVRG
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×
Q1 24
0.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRC
CRC
EVRG
EVRG
Operating Cash FlowLast quarter
$235.0M
$334.0M
Free Cash FlowOCF − Capex
$115.0M
$-530.5M
FCF MarginFCF / Revenue
16.9%
-41.1%
Capex IntensityCapex / Revenue
17.7%
66.9%
Cash ConversionOCF / Net Profit
19.58×
3.96×
TTM Free Cash FlowTrailing 4 quarters
$543.0M
$-751.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
EVRG
EVRG
Q4 25
$235.0M
$334.0M
Q3 25
$279.0M
$937.7M
Q2 25
$165.0M
$323.9M
Q1 25
$186.0M
$449.6M
Q4 24
$206.0M
$395.6M
Q3 24
$220.0M
$953.3M
Q2 24
$97.0M
$317.5M
Q1 24
$87.0M
$317.3M
Free Cash Flow
CRC
CRC
EVRG
EVRG
Q4 25
$115.0M
$-530.5M
Q3 25
$188.0M
$225.4M
Q2 25
$109.0M
$-303.4M
Q1 25
$131.0M
$-143.2M
Q4 24
$118.0M
$-118.6M
Q3 24
$141.0M
$427.0M
Q2 24
$63.0M
$-360.0M
Q1 24
$33.0M
$-301.3M
FCF Margin
CRC
CRC
EVRG
EVRG
Q4 25
16.9%
-41.1%
Q3 25
26.3%
12.8%
Q2 25
15.5%
-22.4%
Q1 25
16.1%
-11.1%
Q4 24
14.3%
-9.7%
Q3 24
16.2%
23.9%
Q2 24
15.3%
-25.6%
Q1 24
7.7%
-23.5%
Capex Intensity
CRC
CRC
EVRG
EVRG
Q4 25
17.7%
66.9%
Q3 25
12.7%
40.4%
Q2 25
8.0%
46.3%
Q1 25
6.8%
45.8%
Q4 24
10.7%
41.9%
Q3 24
9.1%
29.4%
Q2 24
8.3%
48.1%
Q1 24
12.6%
48.3%
Cash Conversion
CRC
CRC
EVRG
EVRG
Q4 25
19.58×
3.96×
Q3 25
4.36×
1.97×
Q2 25
0.96×
1.89×
Q1 25
1.62×
3.60×
Q4 24
6.24×
5.06×
Q3 24
0.64×
2.05×
Q2 24
12.13×
1.53×
Q1 24
2.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRC
CRC

Oil And Natural Gas Segment$645.0M95%
Natural Gas Production$26.0M4%
Other$7.0M1%

EVRG
EVRG

Electric Utility Customer Class Residential$462.9M36%
Electric Utility Customer Class Commercial$447.6M35%
Electric Utility Customer Class Industrial$164.1M13%
Electric Utility Customer Class Transmission$129.4M10%
Electric Utility Customer Class Wholesale$69.7M5%
Electric Utility Customer Class Other Retail$12.2M1%
Electric Utility Customer Class Industrial Steam$5.7M0%

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