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

OLD NATIONAL BANCORP is the larger business by last-quarter revenue ($702.8M vs $679.0M, roughly 1.0× California Resources Corp). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 1.8%, a 31.5% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (0.6% vs -17.8%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs 25.8%).

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.

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

CRC vs ONB — Head-to-Head

Bigger by revenue
ONB
ONB
1.0× larger
ONB
$702.8M
$679.0M
CRC
Growing faster (revenue YoY)
ONB
ONB
+18.4% gap
ONB
0.6%
-17.8%
CRC
Higher net margin
ONB
ONB
31.5% more per $
ONB
33.3%
1.8%
CRC
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
25.8%
CRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRC
CRC
ONB
ONB
Revenue
$679.0M
$702.8M
Net Profit
$12.0M
$233.7M
Gross Margin
Operating Margin
6.9%
Net Margin
1.8%
33.3%
Revenue YoY
-17.8%
0.6%
Net Profit YoY
-63.6%
61.5%
EPS (diluted)
$0.21

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
ONB
ONB
Q1 26
$702.8M
Q4 25
$679.0M
$580.8M
Q3 25
$715.0M
$574.6M
Q2 25
$702.0M
$514.8M
Q1 25
$814.0M
$387.6M
Q4 24
$826.0M
$394.2M
Q3 24
$870.0M
$391.7M
Q2 24
$412.0M
$388.4M
Net Profit
CRC
CRC
ONB
ONB
Q1 26
$233.7M
Q4 25
$12.0M
$216.6M
Q3 25
$64.0M
$182.6M
Q2 25
$172.0M
$125.4M
Q1 25
$115.0M
$144.7M
Q4 24
$33.0M
$153.9M
Q3 24
$345.0M
$143.8M
Q2 24
$8.0M
$121.2M
Operating Margin
CRC
CRC
ONB
ONB
Q1 26
Q4 25
6.9%
46.7%
Q3 25
13.7%
40.5%
Q2 25
38.0%
30.2%
Q1 25
22.9%
46.8%
Q4 24
8.2%
47.2%
Q3 24
59.5%
47.2%
Q2 24
9.2%
40.3%
Net Margin
CRC
CRC
ONB
ONB
Q1 26
33.3%
Q4 25
1.8%
37.3%
Q3 25
9.0%
31.8%
Q2 25
24.5%
24.4%
Q1 25
14.1%
37.3%
Q4 24
4.0%
39.0%
Q3 24
39.7%
36.7%
Q2 24
1.9%
31.2%
EPS (diluted)
CRC
CRC
ONB
ONB
Q1 26
Q4 25
$0.21
$0.55
Q3 25
$0.76
$0.46
Q2 25
$1.92
$0.34
Q1 25
$1.26
$0.44
Q4 24
$0.87
$0.47
Q3 24
$3.78
$0.44
Q2 24
$0.11
$0.37

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
ONB
ONB
Cash + ST InvestmentsLiquidity on hand
$132.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$8.5B
Total Assets
$7.4B
$73.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
ONB
ONB
Q1 26
Q4 25
$132.0M
$1.8B
Q3 25
$196.0M
$1.7B
Q2 25
$72.0M
$1.8B
Q1 25
$214.0M
$1.2B
Q4 24
$372.0M
$1.2B
Q3 24
$241.0M
$1.2B
Q2 24
$1.0B
$1.2B
Total Debt
CRC
CRC
ONB
ONB
Q1 26
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
Stockholders' Equity
CRC
CRC
ONB
ONB
Q1 26
$8.5B
Q4 25
$3.7B
$8.5B
Q3 25
$3.4B
$8.3B
Q2 25
$3.4B
$8.1B
Q1 25
$3.5B
$6.5B
Q4 24
$3.5B
$6.3B
Q3 24
$3.5B
$6.4B
Q2 24
$2.1B
$6.1B
Total Assets
CRC
CRC
ONB
ONB
Q1 26
$73.0B
Q4 25
$7.4B
$72.2B
Q3 25
$6.8B
$71.2B
Q2 25
$6.7B
$71.0B
Q1 25
$6.8B
$53.9B
Q4 24
$7.1B
$53.6B
Q3 24
$7.1B
$53.6B
Q2 24
$4.5B
$53.1B
Debt / Equity
CRC
CRC
ONB
ONB
Q1 26
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×

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
ONB
ONB
Operating Cash FlowLast quarter
$235.0M
Free Cash FlowOCF − Capex
$115.0M
FCF MarginFCF / Revenue
16.9%
Capex IntensityCapex / Revenue
17.7%
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
ONB
ONB
Q1 26
Q4 25
$235.0M
$159.2M
Q3 25
$279.0M
$341.2M
Q2 25
$165.0M
$72.9M
Q1 25
$186.0M
$108.2M
Q4 24
$206.0M
$235.8M
Q3 24
$220.0M
$121.3M
Q2 24
$97.0M
$161.0M
Free Cash Flow
CRC
CRC
ONB
ONB
Q1 26
Q4 25
$115.0M
$137.3M
Q3 25
$188.0M
$333.6M
Q2 25
$109.0M
$64.1M
Q1 25
$131.0M
$102.4M
Q4 24
$118.0M
$229.0M
Q3 24
$141.0M
$115.7M
Q2 24
$63.0M
$151.6M
FCF Margin
CRC
CRC
ONB
ONB
Q1 26
Q4 25
16.9%
23.6%
Q3 25
26.3%
58.1%
Q2 25
15.5%
12.4%
Q1 25
16.1%
26.4%
Q4 24
14.3%
58.1%
Q3 24
16.2%
29.5%
Q2 24
15.3%
39.0%
Capex Intensity
CRC
CRC
ONB
ONB
Q1 26
Q4 25
17.7%
3.8%
Q3 25
12.7%
1.3%
Q2 25
8.0%
1.7%
Q1 25
6.8%
1.5%
Q4 24
10.7%
1.7%
Q3 24
9.1%
1.4%
Q2 24
8.3%
2.4%
Cash Conversion
CRC
CRC
ONB
ONB
Q1 26
Q4 25
19.58×
0.73×
Q3 25
4.36×
1.87×
Q2 25
0.96×
0.58×
Q1 25
1.62×
0.75×
Q4 24
6.24×
1.53×
Q3 24
0.64×
0.84×
Q2 24
12.13×
1.33×

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%

ONB
ONB

Segment breakdown not available.

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