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

MATTEL INC is the larger business by last-quarter revenue ($862.2M vs $679.0M, roughly 1.3× California Resources Corp). MATTEL INC runs the higher net margin — 7.1% vs 1.8%, a 5.3% gap on every dollar of revenue. On growth, MATTEL INC posted the faster year-over-year revenue change (4.3% vs -17.8%). California Resources Corp produced more free cash flow last quarter ($115.0M vs $-88.1M). Over the past eight quarters, California Resources Corp's revenue compounded faster (25.8% CAGR vs -10.6%).

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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

CRC vs MAT — Head-to-Head

Bigger by revenue
MAT
MAT
1.3× larger
MAT
$862.2M
$679.0M
CRC
Growing faster (revenue YoY)
MAT
MAT
+22.1% gap
MAT
4.3%
-17.8%
CRC
Higher net margin
MAT
MAT
5.3% more per $
MAT
7.1%
1.8%
CRC
More free cash flow
CRC
CRC
$203.1M more FCF
CRC
$115.0M
$-88.1M
MAT
Faster 2-yr revenue CAGR
CRC
CRC
Annualised
CRC
25.8%
-10.6%
MAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRC
CRC
MAT
MAT
Revenue
$679.0M
$862.2M
Net Profit
$12.0M
$61.0M
Gross Margin
44.9%
Operating Margin
6.9%
Net Margin
1.8%
7.1%
Revenue YoY
-17.8%
4.3%
Net Profit YoY
-63.6%
251.4%
EPS (diluted)
$0.21
$0.20

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
MAT
MAT
Q1 26
$862.2M
Q4 25
$679.0M
$1.8B
Q3 25
$715.0M
$1.7B
Q2 25
$702.0M
$1.0B
Q1 25
$814.0M
$826.6M
Q4 24
$826.0M
$1.6B
Q3 24
$870.0M
$1.8B
Q2 24
$412.0M
$1.1B
Net Profit
CRC
CRC
MAT
MAT
Q1 26
$61.0M
Q4 25
$12.0M
$106.2M
Q3 25
$64.0M
$278.4M
Q2 25
$172.0M
$53.4M
Q1 25
$115.0M
$-40.3M
Q4 24
$33.0M
$140.9M
Q3 24
$345.0M
$372.4M
Q2 24
$8.0M
$56.9M
Gross Margin
CRC
CRC
MAT
MAT
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
CRC
CRC
MAT
MAT
Q1 26
Q4 25
6.9%
8.0%
Q3 25
13.7%
21.9%
Q2 25
38.0%
7.7%
Q1 25
22.9%
-6.4%
Q4 24
8.2%
9.6%
Q3 24
59.5%
26.5%
Q2 24
9.2%
7.7%
Net Margin
CRC
CRC
MAT
MAT
Q1 26
7.1%
Q4 25
1.8%
6.0%
Q3 25
9.0%
16.0%
Q2 25
24.5%
5.2%
Q1 25
14.1%
-4.9%
Q4 24
4.0%
8.6%
Q3 24
39.7%
20.2%
Q2 24
1.9%
5.3%
EPS (diluted)
CRC
CRC
MAT
MAT
Q1 26
$0.20
Q4 25
$0.21
$0.32
Q3 25
$0.76
$0.88
Q2 25
$1.92
$0.16
Q1 25
$1.26
$-0.12
Q4 24
$0.87
$0.40
Q3 24
$3.78
$1.09
Q2 24
$0.11
$0.17

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$132.0M
$866.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$3.7B
$2.1B
Total Assets
$7.4B
$6.3B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
MAT
MAT
Q1 26
$866.0M
Q4 25
$132.0M
$1.2B
Q3 25
$196.0M
$691.9M
Q2 25
$72.0M
$870.5M
Q1 25
$214.0M
$1.2B
Q4 24
$372.0M
$1.4B
Q3 24
$241.0M
$723.5M
Q2 24
$1.0B
$722.4M
Total Debt
CRC
CRC
MAT
MAT
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$1.0B
$2.3B
Q2 25
$1.0B
$2.3B
Q1 25
$1.0B
$2.3B
Q4 24
$1.1B
$2.3B
Q3 24
$1.1B
$2.3B
Q2 24
$1.2B
$2.3B
Stockholders' Equity
CRC
CRC
MAT
MAT
Q1 26
$2.1B
Q4 25
$3.7B
$2.2B
Q3 25
$3.4B
$2.3B
Q2 25
$3.4B
$2.2B
Q1 25
$3.5B
$2.1B
Q4 24
$3.5B
$2.3B
Q3 24
$3.5B
$2.3B
Q2 24
$2.1B
$2.0B
Total Assets
CRC
CRC
MAT
MAT
Q1 26
$6.3B
Q4 25
$7.4B
$6.6B
Q3 25
$6.8B
$6.6B
Q2 25
$6.7B
$6.2B
Q1 25
$6.8B
$6.2B
Q4 24
$7.1B
$6.5B
Q3 24
$7.1B
$6.5B
Q2 24
$4.5B
$5.9B
Debt / Equity
CRC
CRC
MAT
MAT
Q1 26
1.11×
Q4 25
1.04×
Q3 25
0.29×
1.03×
Q2 25
0.30×
1.08×
Q1 25
0.29×
1.10×
Q4 24
0.32×
1.03×
Q3 24
0.32×
1.01×
Q2 24
0.57×
1.18×

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
MAT
MAT
Operating Cash FlowLast quarter
$235.0M
Free Cash FlowOCF − Capex
$115.0M
$-88.1M
FCF MarginFCF / Revenue
16.9%
-10.2%
Capex IntensityCapex / Revenue
17.7%
7.6%
Cash ConversionOCF / Net Profit
19.58×
TTM Free Cash FlowTrailing 4 quarters
$543.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
MAT
MAT
Q1 26
Q4 25
$235.0M
$796.6M
Q3 25
$279.0M
$72.0M
Q2 25
$165.0M
$-300.1M
Q1 25
$186.0M
$24.8M
Q4 24
$206.0M
$862.1M
Q3 24
$220.0M
$155.8M
Q2 24
$97.0M
$-252.9M
Free Cash Flow
CRC
CRC
MAT
MAT
Q1 26
$-88.1M
Q4 25
$115.0M
Q3 25
$188.0M
Q2 25
$109.0M
Q1 25
$131.0M
Q4 24
$118.0M
Q3 24
$141.0M
Q2 24
$63.0M
FCF Margin
CRC
CRC
MAT
MAT
Q1 26
-10.2%
Q4 25
16.9%
Q3 25
26.3%
Q2 25
15.5%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
16.2%
Q2 24
15.3%
Capex Intensity
CRC
CRC
MAT
MAT
Q1 26
7.6%
Q4 25
17.7%
Q3 25
12.7%
Q2 25
8.0%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
9.1%
Q2 24
8.3%
Cash Conversion
CRC
CRC
MAT
MAT
Q1 26
Q4 25
19.58×
7.50×
Q3 25
4.36×
0.26×
Q2 25
0.96×
-5.62×
Q1 25
1.62×
Q4 24
6.24×
6.12×
Q3 24
0.64×
0.42×
Q2 24
12.13×
-4.45×

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%

MAT
MAT

Segment breakdown not available.

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