Occidental Petroleum Corporation OXY

56.86 (1.19) (2.05%) as of 25 Sep
Market cap
$57.7B
P/E
8.6×
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Occidental Petroleum Corporation (OXY) Gross margin

Occidental Petroleum Corporation's gross margin over the twelve months to 30 June 2026 was 73.3%, up 3.5 percentage points from fiscal 2025 (69.8%). Over the past ten years it has ranged from 48.6% (fiscal 2016) to 69.8% (fiscal 2025) — the current reading is the highest in ten years. That is below the Oil & Gas E&P industry median of 80.4% and above the Energy sector median of 49.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 69.8% 0.60
FY2024 69.2% 4.95
FY2023 64.3% (2.80)
FY2022 67.1% 4.28
FY2021 62.8% 10.34
FY2020 52.5% (7.44)
FY2019 59.9% (3.26)
FY2018 63.2% 7.87
FY2017 55.3% 6.71
FY2016 48.6% (4.92)

Quarterly

Period Gross margin Change (points)
Jun 2026 80.4% 9.84
Mar 2026 70.6% (7.89)
Dec 2025 78.5% 14.72
Sep 2025 63.7% (6.15)
42 more quarters

Against its own ten years

Low 48.6% High 69.8%
Ten-year median 62.8%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
TPL Texas Pacific Land Corporation compare 100.0%
EOG EOG Resources, Inc. compare 100.0%
FANG Diamondback Energy, Inc. compare 84.8%
EXE Expand Energy Corporation compare 80.7%
DVN Devon Energy Corporation compare 79.5%
EQT EQT Corporation compare 79.3%
OXY Occidental Petroleum Corporation 73.3%
COP ConocoPhillips compare 62.6%
WDS Woodside Energy Group Ltd compare 52.0%
Oil & Gas E&P industry median 80.4%
Energy sector median 49.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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