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) Operating margin

Occidental Petroleum Corporation's operating margin over the twelve months to 30 June 2026 was 29.3%, up 8.8 percentage points from fiscal 2025 (20.5%). Over the past ten years it has ranged from −77.2% (fiscal 2020) to 40.9% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas E&P industry median of 21.4% and above the Energy sector median of 14.4%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 20.5% (3.96)
FY2024 24.5% (0.47)
FY2023 24.9% (15.97)
FY2022 40.9% 20.24
FY2021 20.7% 97.81
FY2020 −77.2% (83.86)
FY2019 6.71% (27.70)
FY2018 34.4% 20.24
FY2017 14.2% 28.51
FY2016 −14.3% 61.13

Quarterly

Period Operating margin Change (points)
Jun 2026 50.9% 33.63
Mar 2026 17.3% 4.49
Dec 2025 12.8% (9.79)
Sep 2025 22.6% 5.85
42 more quarters

Against its own ten years

Low −77.2% High 40.9%
Ten-year median 20.5%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
TPL Texas Pacific Land Corporation compare 74.9%
EQT EQT Corporation compare 42.5%
EOG EOG Resources, Inc. compare 33.0%
OXY Occidental Petroleum Corporation 29.3%
EXE Expand Energy Corporation compare 26.9%
COP ConocoPhillips compare 24.1%
DVN Devon Energy Corporation compare 21.4%
FANG Diamondback Energy, Inc. compare 6.33%
WDS Woodside Energy Group Ltd compare 0.00%
Oil & Gas E&P industry median 21.4%
Energy sector median 14.4%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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