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

California Resources Corp is the larger business by last-quarter revenue ($679.0M vs $351.2M, roughly 1.9× TOWER SEMICONDUCTOR LTD). TOWER SEMICONDUCTOR LTD runs the higher net margin — 15.2% vs 1.8%, a 13.5% gap on every dollar of revenue. On growth, TOWER SEMICONDUCTOR LTD posted the faster year-over-year revenue change (-1.7% vs -17.8%).

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.

Tower Semiconductor Ltd. is an Israeli company that manufactures integrated circuits using specialty process technologies, including SiGe, BiCMOS, Silicon Photonics, SOI, mixed-signal and RFCMOS, CMOS image sensors, non-imaging sensors, power management (BCD), and non-volatile memory (NVM) as well as MEMS capabilities. Tower Semiconductor also owns 51% of TPSCo, an enterprise with Nuvoton Technology Corporation Japan (NTCJ).

CRC vs TSEM — Head-to-Head

Bigger by revenue
CRC
CRC
1.9× larger
CRC
$679.0M
$351.2M
TSEM
Growing faster (revenue YoY)
TSEM
TSEM
+16.1% gap
TSEM
-1.7%
-17.8%
CRC
Higher net margin
TSEM
TSEM
13.5% more per $
TSEM
15.2%
1.8%
CRC

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
CRC
CRC
TSEM
TSEM
Revenue
$679.0M
$351.2M
Net Profit
$12.0M
$53.4M
Gross Margin
24.8%
Operating Margin
6.9%
15.7%
Net Margin
1.8%
15.2%
Revenue YoY
-17.8%
-1.7%
Net Profit YoY
-63.6%
4.4%
EPS (diluted)
$0.21
$0.48

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
TSEM
TSEM
Q4 25
$679.0M
Q3 25
$715.0M
Q2 25
$702.0M
Q1 25
$814.0M
Q4 24
$826.0M
Q3 24
$870.0M
Q2 24
$412.0M
$351.2M
Q1 24
$429.0M
Net Profit
CRC
CRC
TSEM
TSEM
Q4 25
$12.0M
Q3 25
$64.0M
Q2 25
$172.0M
Q1 25
$115.0M
Q4 24
$33.0M
Q3 24
$345.0M
Q2 24
$8.0M
$53.4M
Q1 24
$-10.0M
Gross Margin
CRC
CRC
TSEM
TSEM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
24.8%
Q1 24
Operating Margin
CRC
CRC
TSEM
TSEM
Q4 25
6.9%
Q3 25
13.7%
Q2 25
38.0%
Q1 25
22.9%
Q4 24
8.2%
Q3 24
59.5%
Q2 24
9.2%
15.7%
Q1 24
-0.9%
Net Margin
CRC
CRC
TSEM
TSEM
Q4 25
1.8%
Q3 25
9.0%
Q2 25
24.5%
Q1 25
14.1%
Q4 24
4.0%
Q3 24
39.7%
Q2 24
1.9%
15.2%
Q1 24
-2.3%
EPS (diluted)
CRC
CRC
TSEM
TSEM
Q4 25
$0.21
Q3 25
$0.76
Q2 25
$1.92
Q1 25
$1.26
Q4 24
$0.87
Q3 24
$3.78
Q2 24
$0.11
$0.48
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
TSEM
TSEM
Cash + ST InvestmentsLiquidity on hand
$132.0M
$265.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$2.5B
Total Assets
$7.4B
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
TSEM
TSEM
Q4 25
$132.0M
Q3 25
$196.0M
Q2 25
$72.0M
Q1 25
$214.0M
Q4 24
$372.0M
Q3 24
$241.0M
Q2 24
$1.0B
$265.3M
Q1 24
$403.0M
Total Debt
CRC
CRC
TSEM
TSEM
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
TSEM
TSEM
Q4 25
$3.7B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.5B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$2.1B
$2.5B
Q1 24
$2.1B
Total Assets
CRC
CRC
TSEM
TSEM
Q4 25
$7.4B
Q3 25
$6.8B
Q2 25
$6.7B
Q1 25
$6.8B
Q4 24
$7.1B
Q3 24
$7.1B
Q2 24
$4.5B
$3.0B
Q1 24
$3.9B
Debt / Equity
CRC
CRC
TSEM
TSEM
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
TSEM
TSEM
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
TSEM
TSEM
Q4 25
$235.0M
Q3 25
$279.0M
Q2 25
$165.0M
Q1 25
$186.0M
Q4 24
$206.0M
Q3 24
$220.0M
Q2 24
$97.0M
Q1 24
$87.0M
Free Cash Flow
CRC
CRC
TSEM
TSEM
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
Q1 24
$33.0M
FCF Margin
CRC
CRC
TSEM
TSEM
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%
Q1 24
7.7%
Capex Intensity
CRC
CRC
TSEM
TSEM
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%
Q1 24
12.6%
Cash Conversion
CRC
CRC
TSEM
TSEM
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×
Q1 24

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%

TSEM
TSEM

Segment breakdown not available.

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