vs

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

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $119.0M, roughly 1.6× California Resources Corp). WAFD INC produced more free cash flow last quarter ($50.0M vs $-32.0M). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% CAGR vs -46.3%).

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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

CRC vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.6× larger
WAFD
$191.4M
$119.0M
CRC
More free cash flow
WAFD
WAFD
$82.0M more FCF
WAFD
$50.0M
$-32.0M
CRC
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CRC
CRC
WAFD
WAFD
Revenue
$119.0M
$191.4M
Net Profit
$64.2M
Gross Margin
Operating Margin
-597.5%
43.0%
Net Margin
33.5%
Revenue YoY
11.8%
Net Profit YoY
35.8%
EPS (diluted)
$-8.02
$0.79

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
WAFD
WAFD
Q1 26
$119.0M
Q4 25
$679.0M
$191.4M
Q3 25
$715.0M
$188.3M
Q2 25
$702.0M
$186.3M
Q1 25
$814.0M
$179.8M
Q4 24
$826.0M
$171.1M
Q3 24
$870.0M
$188.7M
Q2 24
$412.0M
$194.4M
Net Profit
CRC
CRC
WAFD
WAFD
Q1 26
Q4 25
$12.0M
$64.2M
Q3 25
$64.0M
$60.6M
Q2 25
$172.0M
$62.0M
Q1 25
$115.0M
$56.3M
Q4 24
$33.0M
$47.3M
Q3 24
$345.0M
$61.1M
Q2 24
$8.0M
$64.6M
Operating Margin
CRC
CRC
WAFD
WAFD
Q1 26
-597.5%
Q4 25
6.9%
43.0%
Q3 25
13.7%
41.2%
Q2 25
38.0%
42.8%
Q1 25
22.9%
40.1%
Q4 24
8.2%
35.2%
Q3 24
59.5%
42.8%
Q2 24
9.2%
42.6%
Net Margin
CRC
CRC
WAFD
WAFD
Q1 26
Q4 25
1.8%
33.5%
Q3 25
9.0%
32.2%
Q2 25
24.5%
33.3%
Q1 25
14.1%
31.3%
Q4 24
4.0%
27.6%
Q3 24
39.7%
32.4%
Q2 24
1.9%
33.2%
EPS (diluted)
CRC
CRC
WAFD
WAFD
Q1 26
$-8.02
Q4 25
$0.21
$0.79
Q3 25
$0.76
$0.71
Q2 25
$1.92
$0.73
Q1 25
$1.26
$0.65
Q4 24
$0.87
$0.54
Q3 24
$3.78
$0.73
Q2 24
$0.11
$0.75

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$3.0B
Total Assets
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
WAFD
WAFD
Q1 26
Q4 25
$132.0M
$734.9M
Q3 25
$196.0M
$657.3M
Q2 25
$72.0M
$809.3M
Q1 25
$214.0M
$1.2B
Q4 24
$372.0M
$1.5B
Q3 24
$241.0M
$2.4B
Q2 24
$1.0B
$2.5B
Total Debt
CRC
CRC
WAFD
WAFD
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
WAFD
WAFD
Q1 26
$2.9B
Q4 25
$3.7B
$3.0B
Q3 25
$3.4B
$3.0B
Q2 25
$3.4B
$3.0B
Q1 25
$3.5B
$3.0B
Q4 24
$3.5B
$3.0B
Q3 24
$3.5B
$3.0B
Q2 24
$2.1B
$3.0B
Total Assets
CRC
CRC
WAFD
WAFD
Q1 26
Q4 25
$7.4B
$27.3B
Q3 25
$6.8B
$26.7B
Q2 25
$6.7B
$26.7B
Q1 25
$6.8B
$27.6B
Q4 24
$7.1B
$27.7B
Q3 24
$7.1B
$28.1B
Q2 24
$4.5B
$28.6B
Debt / Equity
CRC
CRC
WAFD
WAFD
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
WAFD
WAFD
Operating Cash FlowLast quarter
$99.0M
$60.5M
Free Cash FlowOCF − Capex
$-32.0M
$50.0M
FCF MarginFCF / Revenue
-26.9%
26.1%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
WAFD
WAFD
Q1 26
$99.0M
Q4 25
$235.0M
$60.5M
Q3 25
$279.0M
$237.0M
Q2 25
$165.0M
$58.0M
Q1 25
$186.0M
$72.1M
Q4 24
$206.0M
$49.4M
Q3 24
$220.0M
$439.2M
Q2 24
$97.0M
$63.1M
Free Cash Flow
CRC
CRC
WAFD
WAFD
Q1 26
$-32.0M
Q4 25
$115.0M
$50.0M
Q3 25
$188.0M
$208.2M
Q2 25
$109.0M
$53.1M
Q1 25
$131.0M
$66.6M
Q4 24
$118.0M
$43.0M
Q3 24
$141.0M
$414.6M
Q2 24
$63.0M
$58.3M
FCF Margin
CRC
CRC
WAFD
WAFD
Q1 26
-26.9%
Q4 25
16.9%
26.1%
Q3 25
26.3%
110.6%
Q2 25
15.5%
28.5%
Q1 25
16.1%
37.0%
Q4 24
14.3%
25.1%
Q3 24
16.2%
219.7%
Q2 24
15.3%
30.0%
Capex Intensity
CRC
CRC
WAFD
WAFD
Q1 26
Q4 25
17.7%
5.5%
Q3 25
12.7%
15.2%
Q2 25
8.0%
2.6%
Q1 25
6.8%
3.1%
Q4 24
10.7%
3.8%
Q3 24
9.1%
13.1%
Q2 24
8.3%
2.5%
Cash Conversion
CRC
CRC
WAFD
WAFD
Q1 26
Q4 25
19.58×
0.94×
Q3 25
4.36×
3.91×
Q2 25
0.96×
0.94×
Q1 25
1.62×
1.28×
Q4 24
6.24×
1.05×
Q3 24
0.64×
7.18×
Q2 24
12.13×
0.98×

Financial Flow Comparison

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

Related Comparisons