CRC vs. PBR

Last updated Apr 2, 2026

Compare and contrast key facts about California Resources Corporation (CRC) and Petróleo Brasileiro S.A. - Petrobras (PBR).

Performance

CRC vs. PBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in California Resources Corporation (CRC) and Petróleo Brasileiro S.A. - Petrobras (PBR). The values are adjusted to include any dividend payments, if applicable.

CRC vs. PBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CRC California Resources Corporation	48.65%	-10.78%	-2.57%	28.85%	3.69%	81.82%	57.27%
PBR Petróleo Brasileiro S.A. - Petrobras	69.45%	-1.01%	-8.38%	71.48%	47.76%	20.44%	73.57%

Fundamentals

EPS CRC : $4.42 PBR : $3.12
PE Ratio CRC : 14.94 PBR : 6.44
PS Ratio CRC : 1.63 PBR : 1.43
Total Revenue (TTM) CRC : $3.53B PBR : $90.81B
Gross Profit (TTM) CRC : $1.34B PBR : $43.25B
EBITDA (TTM) CRC : $1.27B PBR : $43.02B

Returns By Period

In the year-to-date period, CRC achieves a 48.65% return, which is significantly lower than PBR's 69.45% return.

CRC

• 1D: -4.61%
• 1M: 8.05%
• YTD: 48.65%
• 6M: 26.00%
• 1Y: 50.47%
• 3Y*: 23.19%
• 5Y*: 25.39%
• 10Y*: —

PBR

• 1D: -3.23%
• 1M: 15.94%
• YTD: 69.45%
• 6M: 62.45%
• 1Y: 49.18%
• 3Y*: 39.09%
• 5Y*: 44.81%
• 10Y*: 25.00%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CRC vs. PBR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRC

CRC Risk / Return Rank: 74
CRC Sharpe Ratio Rank: 78
CRC Sortino Ratio Rank: 71
CRC Omega Ratio Rank: 74
CRC Calmar Ratio Rank: 75
CRC Martin Ratio Rank: 73

PBR

PBR Risk / Return Rank: 79
PBR Sharpe Ratio Rank: 84
PBR Sortino Ratio Rank: 78
PBR Omega Ratio Rank: 79
PBR Calmar Ratio Rank: 79
PBR Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRC vs. PBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for California Resources Corporation (CRC) and Petróleo Brasileiro S.A. - Petrobras (PBR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CRC	PBR	Difference
Sharpe ratio Return per unit of total volatility	1.22	1.50	-0.28
Sortino ratio Return per unit of downside risk	1.69	2.01	-0.32
Omega ratio Gain probability vs. loss probability	1.25	1.28	-0.04
Calmar ratio Return relative to maximum drawdown	1.90	2.25	-0.35
Martin ratio Return relative to average drawdown	4.29	4.35	-0.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRC vs. PBR - Sharpe Ratio Comparison

The current CRC Sharpe Ratio is 1.22, which is comparable to the PBR Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of CRC and PBR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CRC	PBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.50	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	1.18	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.21	+0.59

Correlation

The correlation between CRC and PBR is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CRC vs. PBR - Dividend Comparison

CRC's dividend yield for the trailing twelve months is around 2.40%, less than PBR's 4.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CRC California Resources Corporation	2.40%	3.51%	2.69%	2.12%	1.82%	0.40%	0.00%	0.00%	0.00%
PBR Petróleo Brasileiro S.A. - Petrobras	4.19%	7.10%	14.73%	10.91%	55.64%	18.95%	0.84%	1.59%	1.03%

Drawdowns

CRC vs. PBR - Drawdown Comparison

The maximum CRC drawdown since its inception was -44.75%, smaller than the maximum PBR drawdown of -95.62%. Use the drawdown chart below to compare losses from any high point for CRC and PBR.

Drawdown Indicators

	CRC	PBR	Difference
Max Drawdown Largest peak-to-trough decline	-44.75%	-95.62%	+50.87%
Max Drawdown (1Y) Largest decline over 1 year	-28.99%	-22.03%	-6.96%
Max Drawdown (5Y) Largest decline over 5 years	-44.75%	-39.62%	-5.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-75.13%	—
Current Drawdown Current decline from peak	-4.61%	-17.44%	+12.83%
Average Drawdown Average peak-to-trough decline	-11.73%	-52.98%	+41.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.84%	11.58%	+1.26%

Volatility

CRC vs. PBR - Volatility Comparison

The current volatility for California Resources Corporation (CRC) is 9.39%, while Petróleo Brasileiro S.A. - Petrobras (PBR) has a volatility of 11.82%. This indicates that CRC experiences smaller price fluctuations and is considered to be less risky than PBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRC	PBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.39%	11.82%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	22.70%	22.22%	+0.48%
Volatility (1Y) Calculated over the trailing 1-year period	41.64%	32.99%	+8.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.86%	38.05%	+2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.45%	47.66%	-4.21%

Financials

CRC vs. PBR - Profitability Comparison

The chart below illustrates the profitability comparison between California Resources Corporation and Petróleo Brasileiro S.A. - Petrobras over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, California Resources Corporation reported a gross profit of 337.00M and revenue of 878.00M. Therefore, the gross margin over that period was 38.4%.

PBR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Petróleo Brasileiro S.A. - Petrobras reported a gross profit of 11.64B and revenue of 25.22B. Therefore, the gross margin over that period was 46.1%.

CRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, California Resources Corporation reported an operating income of 180.00M and revenue of 878.00M, resulting in an operating margin of 20.5%.

PBR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Petróleo Brasileiro S.A. - Petrobras reported an operating income of 5.24B and revenue of 25.22B, resulting in an operating margin of 20.8%.

CRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, California Resources Corporation reported a net income of 64.00M and revenue of 878.00M, resulting in a net margin of 7.3%.

PBR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Petróleo Brasileiro S.A. - Petrobras reported a net income of 3.36B and revenue of 25.22B, resulting in a net margin of 13.3%.