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

TRINET GROUP, INC. is the larger business by last-quarter revenue ($1.2B vs $679.0M, roughly 1.8× California Resources Corp). On growth, TRINET GROUP, INC. posted the faster year-over-year revenue change (-2.2% vs -17.8%). California Resources Corp produced more free cash flow last quarter ($115.0M vs $43.0M). Over the past eight quarters, California Resources Corp's revenue compounded faster (25.8% CAGR vs -0.6%).

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.

TriNet Group, Inc. is a professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.

CRC vs TNET — Head-to-Head

Bigger by revenue
TNET
TNET
1.8× larger
TNET
$1.2B
$679.0M
CRC
Growing faster (revenue YoY)
TNET
TNET
+15.6% gap
TNET
-2.2%
-17.8%
CRC
More free cash flow
CRC
CRC
$72.0M more FCF
CRC
$115.0M
$43.0M
TNET
Faster 2-yr revenue CAGR
CRC
CRC
Annualised
CRC
25.8%
-0.6%
TNET

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRC
CRC
TNET
TNET
Revenue
$679.0M
$1.2B
Net Profit
$12.0M
Gross Margin
Operating Margin
6.9%
0.1%
Net Margin
1.8%
Revenue YoY
-17.8%
-2.2%
Net Profit YoY
-63.6%
EPS (diluted)
$0.21
$0.02

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
TNET
TNET
Q4 25
$679.0M
$1.2B
Q3 25
$715.0M
$1.2B
Q2 25
$702.0M
$1.2B
Q1 25
$814.0M
$1.3B
Q4 24
$826.0M
$1.3B
Q3 24
$870.0M
$1.2B
Q2 24
$412.0M
$1.2B
Q1 24
$429.0M
$1.3B
Net Profit
CRC
CRC
TNET
TNET
Q4 25
$12.0M
Q3 25
$64.0M
$34.0M
Q2 25
$172.0M
$37.0M
Q1 25
$115.0M
$85.0M
Q4 24
$33.0M
Q3 24
$345.0M
$45.0M
Q2 24
$8.0M
$60.0M
Q1 24
$-10.0M
$91.0M
Operating Margin
CRC
CRC
TNET
TNET
Q4 25
6.9%
0.1%
Q3 25
13.7%
4.1%
Q2 25
38.0%
4.1%
Q1 25
22.9%
8.9%
Q4 24
8.2%
-2.9%
Q3 24
59.5%
4.7%
Q2 24
9.2%
6.5%
Q1 24
-0.9%
9.7%
Net Margin
CRC
CRC
TNET
TNET
Q4 25
1.8%
Q3 25
9.0%
2.8%
Q2 25
24.5%
3.0%
Q1 25
14.1%
6.6%
Q4 24
4.0%
Q3 24
39.7%
3.6%
Q2 24
1.9%
4.9%
Q1 24
-2.3%
7.2%
EPS (diluted)
CRC
CRC
TNET
TNET
Q4 25
$0.21
$0.02
Q3 25
$0.76
$0.70
Q2 25
$1.92
$0.77
Q1 25
$1.26
$1.71
Q4 24
$0.87
$-0.44
Q3 24
$3.78
$0.89
Q2 24
$0.11
$1.20
Q1 24
$-0.14
$1.78

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$132.0M
$287.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$54.0M
Total Assets
$7.4B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
TNET
TNET
Q4 25
$132.0M
$287.0M
Q3 25
$196.0M
$321.0M
Q2 25
$72.0M
$407.0M
Q1 25
$214.0M
$349.0M
Q4 24
$372.0M
$360.0M
Q3 24
$241.0M
$301.0M
Q2 24
$1.0B
$249.0M
Q1 24
$403.0M
$383.0M
Total Debt
CRC
CRC
TNET
TNET
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
TNET
TNET
Q4 25
$3.7B
$54.0M
Q3 25
$3.4B
$110.0M
Q2 25
$3.4B
$107.0M
Q1 25
$3.5B
$63.0M
Q4 24
$3.5B
$69.0M
Q3 24
$3.5B
$129.0M
Q2 24
$2.1B
$100.0M
Q1 24
$2.1B
$143.0M
Total Assets
CRC
CRC
TNET
TNET
Q4 25
$7.4B
$3.8B
Q3 25
$6.8B
$3.4B
Q2 25
$6.7B
$3.7B
Q1 25
$6.8B
$3.8B
Q4 24
$7.1B
$4.1B
Q3 24
$7.1B
$3.7B
Q2 24
$4.5B
$3.7B
Q1 24
$3.9B
$4.0B
Debt / Equity
CRC
CRC
TNET
TNET
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
TNET
TNET
Operating Cash FlowLast quarter
$235.0M
$61.0M
Free Cash FlowOCF − Capex
$115.0M
$43.0M
FCF MarginFCF / Revenue
16.9%
3.4%
Capex IntensityCapex / Revenue
17.7%
1.4%
Cash ConversionOCF / Net Profit
19.58×
TTM Free Cash FlowTrailing 4 quarters
$543.0M
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
TNET
TNET
Q4 25
$235.0M
$61.0M
Q3 25
$279.0M
$72.0M
Q2 25
$165.0M
$75.0M
Q1 25
$186.0M
$95.0M
Q4 24
$206.0M
$65.0M
Q3 24
$220.0M
$84.0M
Q2 24
$97.0M
$39.0M
Q1 24
$87.0M
$91.0M
Free Cash Flow
CRC
CRC
TNET
TNET
Q4 25
$115.0M
$43.0M
Q3 25
$188.0M
$55.0M
Q2 25
$109.0M
$57.0M
Q1 25
$131.0M
$79.0M
Q4 24
$118.0M
$47.0M
Q3 24
$141.0M
$59.0M
Q2 24
$63.0M
$22.0M
Q1 24
$33.0M
$73.0M
FCF Margin
CRC
CRC
TNET
TNET
Q4 25
16.9%
3.4%
Q3 25
26.3%
4.5%
Q2 25
15.5%
4.6%
Q1 25
16.1%
6.1%
Q4 24
14.3%
3.7%
Q3 24
16.2%
4.8%
Q2 24
15.3%
1.8%
Q1 24
7.7%
5.8%
Capex Intensity
CRC
CRC
TNET
TNET
Q4 25
17.7%
1.4%
Q3 25
12.7%
1.4%
Q2 25
8.0%
1.5%
Q1 25
6.8%
1.2%
Q4 24
10.7%
1.4%
Q3 24
9.1%
2.0%
Q2 24
8.3%
1.4%
Q1 24
12.6%
1.4%
Cash Conversion
CRC
CRC
TNET
TNET
Q4 25
19.58×
Q3 25
4.36×
2.12×
Q2 25
0.96×
2.03×
Q1 25
1.62×
1.12×
Q4 24
6.24×
Q3 24
0.64×
1.87×
Q2 24
12.13×
0.65×
Q1 24
1.00×

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%

TNET
TNET

Insurance Services$1.1B85%
Professional Services$169.0M14%

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