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Occidental Petroleum (OXY) Financials

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$53.85 -0.09 (-0.17%)
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Annual Income Statements for Occidental Petroleum

Annual Income Statements for Occidental Petroleum

This table shows Occidental Petroleum's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-7,829 -574 1,311 4,131 -985 -15,675 1,522 12,504 3,773 2,377 1,647
Consolidated Net Income / (Loss)
-7,829 -574 1,311 4,131 -522 -14,831 2,322 13,304 4,696 3,078 2,369
Net Income / (Loss) Continuing Operations
-8,146 -1,002 1,311 4,131 -507 -13,533 2,790 13,304 3,332 2,866 2,107
Total Pre-Tax Income
-9,684 -1,845 971 5,608 354 -15,705 3,705 14,117 4,662 4,024 3,128
Total Operating Income
-9,655 -1,659 1,316 5,666 -252 -14,346 4,400 13,007 5,040 4,242 3,912
Total Gross Profit
6,333 4,624 6,702 10,953 13,363 7,053 15,292 23,484 13,795 14,203 14,046
Total Revenue
12,480 10,090 12,553 17,138 21,750 16,143 25,956 37,095 23,156 22,019 21,593
Operating Revenue
12,480 10,090 12,553 17,138 21,128 16,143 25,956 36,787 23,156 22,019 21,593
Total Cost of Revenue
6,147 5,466 5,851 6,185 8,387 9,090 10,664 13,611 9,361 7,816 7,547
Operating Cost of Revenue
5,804 5,189 5,540 5,746 8,387 8,468 9,659 12,063 8,274 6,777 6,517
Other Cost of Revenue
343 277 311 439 - 622 1,005 1,548 1,087 1,039 1,030
Total Operating Expenses
15,988 6,283 5,386 5,287 13,615 21,399 10,892 10,477 8,755 9,961 10,134
Selling, General & Admin Expense
1,270 1,330 878 1,613 2,314 1,748 1,928 2,216 2,152 2,279 2,542
Exploration Expense
36 62 82 110 247 132 252 216 441 275 249
Depreciation Expense
4,544 4,268 4,002 3,977 6,140 8,097 8,447 6,926 6,449 6,951 7,533
Impairment Charge
10,239 825 545 561 1,361 11,083 304 0.00 209 356 60
Restructuring Charge
- - 0.00 0.00 1,647 339 153 89 26 84 13
Other Special Charges / (Income)
-101 -202 -667 -974 - - -192 - -522 16 -263
Total Other Income / (Expense), net
-29 -186 -345 -58 606 -1,359 -695 1,110 -378 -218 -784
Interest Expense
147 292 345 389 - 1,424 1,614 - 957 1,169 1,079
Interest & Investment Income
118 106 - - 373 488 797 - 579 951 295
Income Tax Expense
-1,330 -662 17 1,477 861 -2,172 915 813 1,330 1,158 1,021
Net Income / (Loss) Discontinued Operations
317 428 0.00 0.00 -15 -1,298 -468 0.00 1,364 212 262
Preferred Stock Dividends Declared
- - 0.00 0.00 318 844 800 800 923 679 679
Net Income / (Loss) Attributable to Noncontrolling Interest
- - 0.00 0.00 145 - - 0.00 0.00 22 43
Basic Earnings per Share
($10.23) ($0.75) $1.71 $5.40 ($1.22) ($17.06) $1.62 $13.41 $4.22 $2.59 $1.65
Weighted Average Basic Shares Outstanding
765.60M 763.80M 765.10M 761.70M 895.22M 931.55M 934.06M 900.07M 879.50M 938.50M 986.27M
Diluted Earnings per Share
($10.23) ($0.75) $1.70 $5.39 ($1.22) ($17.06) $1.58 $12.40 $3.90 $2.44 $1.61
Weighted Average Diluted Shares Outstanding
765.60M 763.80M 765.10M 761.70M 895.22M 931.55M 934.06M 900.07M 879.50M 938.50M 986.27M
Weighted Average Basic & Diluted Shares Outstanding
765.60M 763.80M 765.10M 761.70M 895.22M 931.55M 934.06M 900.07M 879.50M 938.50M 986.27M
Cash Dividends to Common per Share
$2.97 $3.02 $3.06 $3.10 $3.14 $0.82 $0.04 $0.52 $0.72 $0.88 $0.96

Quarterly Income Statements for Occidental Petroleum

This table shows Occidental Petroleum's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
1,156 1,029 718 992 964 -297 766 288 661 -68 3,175
Consolidated Net Income / (Loss)
1,375 1,198 888 1,170 1,140 -120 945 468 842 114 3,359
Net Income / (Loss) Continuing Operations
1,375 1,198 706 1,170 1,140 -120 830 468 842 -148 236
Total Pre-Tax Income
1,809 1,559 1,010 1,635 1,594 -169 1,177 738 1,166 -108 390
Total Operating Income
1,703 2,217 708 1,611 1,428 -539 1,063 712 937 752 605
Total Gross Profit
4,164 3,800 3,433 4,058 4,474 4,072 4,069 3,796 3,974 2,109 3,230
Total Revenue
7,400 6,868 6,010 6,817 7,154 6,899 5,738 6,456 6,717 1,558 5,028
Operating Revenue
7,208 7,065 6,011 6,817 7,233 6,835 5,757 6,458 6,624 1,649 5,028
Total Cost of Revenue
3,044 3,260 2,577 2,759 2,759 2,748 1,669 2,660 2,650 -458 1,798
Operating Cost of Revenue
2,754 3,035 2,342 2,494 2,503 2,465 1,669 2,391 2,402 -707 1,539
Other Cost of Revenue
290 225 235 265 256 283 - 269 248 249 259
Total Operating Expenses
2,461 1,583 2,725 2,447 3,046 4,611 3,006 3,084 3,037 1,357 2,625
Selling, General & Admin Expense
586 745 669 603 602 769 567 781 673 429 601
Exploration Expense
125 112 66 83 57 69 55 83 66 45 110
Depreciation Expense
1,712 1,723 1,693 1,775 1,926 1,977 1,804 1,936 2,061 1,619 1,794
Impairment Charge
0.00 - - - 21 - 0.00 - 0.00 - 120
Restructuring Charge
0.00 26 12 14 49 9.00 6.00 6.00 1.00 - 0.00
Total Other Income / (Expense), net
106 -663 301 24 166 371 114 24 229 -858 -215
Interest Expense
- - - 252 - - - - - - 432
Interest & Investment Income
- - - 276 - - 114 - 59 - 217
Income Tax Expense
434 361 304 465 454 -49 347 270 324 40 154
Net Income / (Loss) Discontinued Operations
0.00 - 182 0.00 0.00 - 115 0.00 0.00 262 3,123
Preferred Stock Dividends Declared
219 169 170 170 169 170 170 170 169 170 170
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 - 0.00 8.00 7.00 - 9.00 10 12 12 14
Basic Earnings per Share
$1.30 $1.16 $0.81 $1.10 $1.03 ($0.35) $0.81 $0.27 $0.67 ($0.10) $3.19
Weighted Average Basic Shares Outstanding
880.37M 879.50M 886.64M 905.62M 938.34M 938.50M 984.13M 984.44M 985.21M 986.27M 994.63M
Diluted Earnings per Share
$1.20 $1.07 $0.75 $1.03 $0.98 ($0.32) $0.77 $0.26 $0.65 ($0.07) $3.13
Weighted Average Diluted Shares Outstanding
880.37M 879.50M 886.64M 905.62M 938.34M 938.50M 984.13M 984.44M 985.21M 986.27M 994.63M
Weighted Average Basic & Diluted Shares Outstanding
880.37M 879.50M 886.64M 905.62M 938.34M 938.50M 984.13M 984.44M 985.21M 986.27M 994.63M
Cash Dividends to Common per Share
$0.18 $0.18 $0.22 - - $0.22 $0.24 - - - $0.26

Annual Cash Flow Statements for Occidental Petroleum

This table details how cash moves in and out of Occidental Petroleum's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-588 -2,161 -561 1,361 541 -1,380 609 -1,777 438 693 -111
Net Cash From Operating Activities
3,351 3,384 4,861 7,669 7,375 3,955 10,434 16,810 12,308 11,439 10,532
Net Cash From Continuing Operating Activities
3,254 2,520 4,861 7,669 7,336 3,842 10,253 16,810 10,235 10,519 9,606
Net Income / (Loss) Continuing Operations
-8,146 -1,002 1,311 4,131 -507 -13,533 2,790 13,304 3,332 2,866 2,107
Consolidated Net Income / (Loss)
-7,829 -574 1,311 4,131 -522 -14,831 2,322 13,304 4,696 3,078 2,369
Net Income / (Loss) Discontinued Operations
317 428 0.00 0.00 -15 -1,298 -468 0.00 1,364 212 262
Depreciation Expense
4,544 4,268 4,002 3,977 6,140 8,097 8,447 6,926 6,449 6,951 7,533
Non-Cash Adjustments To Reconcile Net Income
9,758 615 80 1,668 1,703 13,073 396 -451 260 892 906
Changes in Operating Assets and Liabilities, net
-2,902 -1,361 -532 -2,109 0.00 -3,795 -1,380 -2,969 194 -190 -940
Net Cash From Discontinued Operating Activities
97 864 0.00 0.00 39 113 181 0.00 2,073 920 926
Net Cash From Investing Activities
-5,423 -4,743 -3,079 -3,206 -29,027 -819 -1,253 -4,872 -6,980 -14,590 -5,799
Net Cash From Continuing Investing Activities
-5,423 -4,743 -3,079 -3,206 -28,852 -778 -1,174 -4,872 -6,463 -13,821 -4,683
Purchase of Property, Plant & Equipment
-5,272 -2,717 -3,599 -4,975 -6,367 -2,535 -2,870 -5,487 -6,409 -15,380 -6,707
Acquisitions
-109 -2,044 -1,064 -928 -28,088 -5.00 -25 -116 -479 -214 -286
Divestitures
- - 59 - - - - 584 447 1,673 2,278
Other Investing Activities, net
-861 -284 122 55 -249 -519 97 147 -22 100 32
Net Cash From Discontinued Investing Activities
- - 0.00 0.00 -175 -41 -79 - -517 -769 -1,116
Net Cash From Financing Activities
1,484 -802 -2,343 -3,102 22,193 -4,516 -8,572 -13,715 -4,890 3,844 -4,844
Net Cash From Continuing Financing Activities
1,484 -802 -2,343 -3,102 22,196 -4,508 -8,564 -13,715 -4,886 3,849 -4,835
Repayment of Debt
0.00 -2,710 0.00 -500 -6,822 -8,973 -6,914 -10,014 -534 -4,756 -3,990
Repurchase of Preferred Equity
- - - - - - 0.00 0.00 -1,661 0.00 0.00
Repurchase of Common Equity
-593 -22 -25 -1,248 -237 -12 -8.00 -3,099 -1,798 -27 0.00
Payment of Dividends
-2,264 -2,309 -2,346 -2,374 -2,881 -1,845 -839 -1,184 -1,365 -1,446 -1,594
Issuance of Debt
1,478 4,203 0.00 987 22,016 6,936 0.00 400 237 9,612 0.00
Issuance of Common Equity
37 36 28 33 10,028 134 31 293 235 784 1,166
Other Financing Activities, net
2,826 - - 0.00 92 -748 -834 -111 0.00 -318 -417
Net Cash From Discontinued Financing Activities
- - 0.00 0.00 -3.00 -8.00 -8.00 - -4.00 -5.00 -9.00

Quarterly Cash Flow Statements for Occidental Petroleum

This table details how cash moves in and out of Occidental Petroleum's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
116 815 -131 562 -102 364 485 -282 -164 -150 1,801
Net Cash From Operating Activities
3,129 3,239 2,007 2,394 3,682 3,356 2,148 2,960 2,790 2,634 1,281
Net Cash From Continuing Operating Activities
3,129 3,239 2,007 2,394 3,782 3,556 2,032 2,960 2,790 1,708 1,392
Net Income / (Loss) Continuing Operations
1,375 1,198 706 1,170 1,140 -120 830 468 842 -148 236
Consolidated Net Income / (Loss)
1,375 1,198 888 1,170 1,140 -120 945 468 842 114 3,359
Net Income / (Loss) Discontinued Operations
- - 182 - - - 115 - - 262 3,123
Depreciation Expense
1,712 1,723 1,693 1,775 1,926 1,977 1,804 1,936 2,061 1,619 1,794
Non-Cash Adjustments To Reconcile Net Income
202 -325 138 143 131 1,499 262 256 149 234 1,171
Changes in Operating Assets and Liabilities, net
-160 656 -530 -694 585 200 -864 300 -262 3.00 -1,809
Net Cash From Discontinued Operating Activities
- - - - - -200 116 - - 926 -111
Net Cash From Investing Activities
-1,474 -1,969 -1,810 -1,871 -9,119 -1,790 -731 -1,999 -1,259 -1,810 7,848
Net Cash From Continuing Investing Activities
-1,474 -1,969 -1,810 -1,871 -9,119 -1,790 -453 -1,999 -1,259 -694 -1,613
Purchase of Property, Plant & Equipment
-1,699 -2,037 -1,925 -1,958 -10,533 -1,873 -1,734 -2,054 -1,891 -802 -1,579
Acquisitions
-47 -48 -34 78 -85 -63 -75 -77 -68 -59 -66
Sale of Property, Plant & Equipment
- - - - - - 1,306 - 780 - 57
Other Investing Activities, net
-53 73 51 -41 -15 135 50 -12 -80 119 -25
Net Cash From Discontinued Investing Activities
- - - - - - -278 - - - 9,461
Net Cash From Financing Activities
-1,539 -455 -328 39 5,335 -1,202 -932 -1,243 -1,695 -974 -7,328
Net Cash From Continuing Financing Activities
-1,539 -409 -328 39 5,335 -1,202 -928 -1,243 -1,695 -965 -7,328
Repayment of Debt
-935 -134 -141 -44 -3,917 -659 -636 -1,802 -1,280 -268 -7,008
Repurchase of Common Equity
-434 -187 - -9.00 - -18 0.00 - - - -56
Payment of Dividends
-347 -330 -332 -366 -371 -377 -380 -398 -408 -408 -409
Issuance of Common Equity
55 143 145 458 114 67 88 957 56 65 145
Net Cash From Discontinued Financing Activities
- - - - - - -4.00 - - - 0.00

Annual Balance Sheets for Occidental Petroleum

This table presents Occidental Petroleum's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
43,409 43,109 42,026 43,854 107,190 80,064 75,036 72,609 74,008 85,445 84,186
Total Current Assets
9,402 8,428 8,270 9,932 14,633 8,819 10,211 8,886 8,375 9,070 8,827
Cash & Equivalents
3,201 2,233 1,672 3,033 3,032 2,008 2,764 984 1,426 2,125 1,968
Accounts Receivable
2,970 3,989 4,145 4,893 4,233 2,115 4,208 4,281 3,195 2,839 3,259
Inventories, net
986 866 1,246 1,260 1,581 1,898 1,846 2,059 2,022 1,756 1,823
Other Current Assets
911 1,340 733 746 5,302 2,628 1,393 1,562 1,732 1,210 601
Other Current Nonoperating Assets
- - - - - - - - - 1,140 1,176
Plant, Property, & Equipment, net
31,639 32,337 31,174 31,437 82,230 65,889 59,930 58,384 58,529 65,863 63,643
Plant, Property & Equipment, gross
71,058 71,293 70,246 74,420 124,267 118,964 118,157 120,734 126,811 131,630 137,753
Accumulated Depreciation
39,419 38,956 39,072 42,983 42,037 53,075 58,227 62,350 68,282 65,767 74,110
Total Noncurrent Assets
2,201 2,344 2,582 2,485 10,327 5,356 4,895 5,339 7,104 10,512 11,716
Long-Term Investments
1,267 1,401 1,515 1,680 6,389 3,250 2,938 3,176 3,224 2,646 2,475
Noncurrent Note & Lease Receivables
934 943 1,067 805 2,527 1,044 1,231 - - - 908
Other Noncurrent Operating Assets
- - - - 1,411 1,062 726 2,163 3,880 3,436 2,989
Other Noncurrent Nonoperating Assets
- - - - - - - - - 4,430 5,344
Total Liabilities & Shareholders' Equity
43,409 43,109 42,026 43,854 107,190 80,064 75,036 72,609 74,008 85,445 84,186
Total Liabilities
17,626 20,480 21,454 22,524 72,958 61,491 54,709 42,524 43,659 50,965 47,588
Total Current Liabilities
6,842 6,362 7,400 7,412 12,705 8,223 8,324 7,757 9,148 9,521 9,428
Short-Term Debt
1,450 0.00 500 116 51 440 186 165 1,202 1,138 1,773
Accounts Payable
3,069 3,926 4,408 4,885 4,910 2,987 3,899 4,029 3,646 3,472 3,285
Accrued Expenses
2,213 2,436 2,492 2,411 5,447 3,570 4,053 3,290 3,854 4,248 3,592
Other Current Nonoperating Liabilities
- - - 0.00 1,718 753 - - - 663 778
Total Noncurrent Liabilities
10,894 14,118 14,054 15,112 60,253 53,268 46,385 34,767 34,511 41,444 38,160
Long-Term Debt
6,855 9,819 9,328 10,201 38,537 35,745 29,431 19,670 18,536 24,979 20,623
Asset Retirement Reserve & Litigation Obligation
- 1,984 1,969 2,186 5,446 5,005 4,631 4,541 3,882 3,923 4,172
Noncurrent Deferred & Payable Income Tax Liabilities
- - 581 907 9,717 7,113 7,039 5,512 5,764 5,394 5,636
Other Noncurrent Operating Liabilities
4,039 1,352 1,171 1,009 3,858 3,001 3,159 3,332 - - 7,311
Other Noncurrent Nonoperating Liabilities
- - - - - - - - - 333 418
Total Equity & Noncontrolling Interests
16,710 13,750 12,688 21,330 34,232 18,573 20,327 30,085 30,349 34,480 36,598
Total Preferred & Common Equity
16,710 13,750 12,688 21,330 34,232 18,573 20,327 30,085 30,250 34,159 36,034
Preferred Stock
- - - 0.00 9,762 9,762 9,762 9,762 8,287 8,287 8,287
Total Common Equity
16,710 13,750 12,688 21,330 24,470 8,811 10,565 20,323 21,963 25,872 27,747
Common Stock
178 178 179 8,225 15,164 16,768 16,966 17,401 17,644 20,101 21,251
Retained Earnings
25,960 22,981 21,935 23,750 20,180 2,996 4,480 16,499 19,626 21,189 21,891
Accumulated Other Comprehensive Income / (Loss)
-307 -266 -258 -172 -221 -288 -208 195 275 179 202
Other Equity Adjustments
- - - - - - - -13,772 -15,582 -15,597 -15,597
Noncontrolling Interest
- - - - - - - 0.00 99 321 564

Quarterly Balance Sheets for Occidental Petroleum

This table presents Occidental Petroleum's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
71,199 71,827 74,008 74,277 76,216 85,803 85,445 84,967 84,360 83,472 80,464
Total Current Assets
7,454 8,266 8,375 8,345 10,092 9,554 9,070 9,716 8,977 8,812 11,074
Cash & Equivalents
486 611 1,426 1,272 1,845 1,759 2,132 2,612 2,326 2,159 3,811
Accounts Receivable
2,850 3,674 3,195 3,271 3,896 3,924 3,526 3,609 3,469 3,169 4,468
Inventories, net
2,021 1,975 2,022 2,131 2,813 2,275 2,095 2,139 1,874 2,117 1,862
Other Current Assets
2,097 2,006 1,732 1,671 1,538 1,596 1,317 1,356 1,308 1,367 933
Other Current Nonoperating Assets
- - - - - - - - - - 0.00
Plant, Property, & Equipment, net
58,341 58,270 58,529 58,763 58,870 69,342 69,378 68,227 68,274 67,437 63,116
Plant, Property & Equipment, gross
123,891 124,941 126,811 128,542 130,222 138,889 140,954 142,344 144,052 145,770 138,123
Accumulated Depreciation
65,550 66,671 68,282 69,779 71,352 69,547 71,576 74,117 75,778 78,333 75,007
Total Noncurrent Assets
5,404 5,291 7,104 7,169 7,254 6,907 6,997 7,024 7,109 7,223 6,274
Long-Term Investments
3,431 3,320 3,224 3,400 3,460 3,195 3,159 3,121 2,944 2,989 2,341
Noncurrent Note & Lease Receivables
1,146 1,117 - - - - - - - - 890
Other Noncurrent Operating Assets
827 854 3,880 3,769 3,794 3,712 3,838 3,903 4,165 4,234 3,043
Other Noncurrent Nonoperating Assets
- - - - - - - - - - 0.00
Total Liabilities & Shareholders' Equity
71,199 71,827 74,008 74,277 76,216 85,803 85,445 84,967 84,360 83,472 80,464
Total Liabilities
42,088 42,515 43,659 43,310 43,957 50,869 50,965 49,862 48,184 46,706 40,904
Total Current Liabilities
7,456 8,941 9,148 8,812 9,699 9,541 9,521 9,623 8,564 9,421 9,153
Short-Term Debt
158 1,224 1,202 1,203 1,347 1,179 1,138 1,557 433 1,616 424
Accounts Payable
3,557 3,908 3,646 3,827 4,282 3,935 3,753 3,779 3,823 3,532 3,776
Accrued Expenses
3,153 3,497 3,854 3,358 3,660 4,051 4,256 3,894 3,909 3,859 4,953
Other Current Nonoperating Liabilities
- - - - - - - - - - 0.00
Total Noncurrent Liabilities
34,632 33,574 34,511 34,498 34,258 41,328 41,444 40,239 39,620 37,285 31,751
Long-Term Debt
19,669 18,597 18,536 18,545 18,390 25,456 24,978 24,037 23,342 20,846 15,247
Asset Retirement Reserve & Litigation Obligation
4,534 4,496 3,882 4,737 4,705 4,735 4,042 3,854 3,825 3,856 4,128
Noncurrent Deferred & Payable Income Tax Liabilities
5,605 5,666 5,764 5,728 5,680 5,630 5,394 5,263 5,245 5,402 5,033
Other Noncurrent Operating Liabilities
3,270 3,328 - 3,891 3,880 3,936 - 7,085 7,208 7,181 7,343
Other Noncurrent Nonoperating Liabilities
- - - - - - - - - - 0.00
Total Equity & Noncontrolling Interests
29,111 29,312 30,349 30,967 32,259 34,934 34,480 35,105 36,176 36,766 39,560
Total Preferred & Common Equity
29,111 29,312 30,250 30,811 32,053 34,674 34,159 34,712 35,722 36,261 38,932
Preferred Stock
8,621 8,287 8,287 8,287 8,287 8,287 8,287 8,287 8,287 8,287 8,287
Total Common Equity
20,490 21,025 21,963 22,524 23,766 26,387 25,872 26,425 27,435 27,974 30,645
Common Stock
17,439 17,547 17,644 17,679 18,155 20,035 20,101 20,126 21,092 21,169 21,321
Retained Earnings
17,762 18,758 19,626 20,147 20,938 21,694 21,189 21,726 21,776 22,198 24,806
Accumulated Other Comprehensive Income / (Loss)
247 293 275 280 264 249 179 170 164 204 194
Other Equity Adjustments
-14,958 -15,573 -15,582 -15,582 -15,591 -15,591 -15,597 -15,597 -15,597 -15,597 -15,676
Noncontrolling Interest
- - 99 156 206 260 321 393 454 505 628

Annual Metrics And Ratios for Occidental Petroleum

This table displays calculated financial ratios and metrics derived from Occidental Petroleum's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-35.38% -19.15% 24.41% 36.53% 26.91% -25.78% 60.79% 42.91% -23.83% -4.87% -1.93%
EBITDA Growth
-274.62% 151.05% 103.83% 87.55% -38.63% -209.00% 294.38% 62.26% -35.53% -15.66% 2.25%
EBIT Growth
-623.76% 82.82% 179.32% 355.70% -100.32% -77,631.58% 130.62% 212.18% -52.53% -39.26% -7.78%
NOPAT Growth
-1,445.16% 82.82% 211.34% 222.80% -91.35% -2,882.43% 132.99% 269.95% -60.07% -53.36% -12.78%
Net Income Growth
-1,342.70% 92.67% 328.40% 215.10% -112.64% -2,741.19% 115.66% 472.95% -64.70% -34.45% -23.03%
EPS Growth
-1,394.94% 92.67% 326.67% 217.06% -122.63% -1,298.36% 109.26% 684.81% -68.55% -37.44% -34.02%
Operating Cash Flow Growth
-69.72% 0.98% 43.65% 57.77% -3.83% -46.37% 163.82% 61.11% -26.78% -7.06% -7.93%
Free Cash Flow Firm Growth
-94.48% -290.29% 281.43% 18.13% -1,060.34% 112.40% 94.40% 15.83% -44.93% -229.12% 266.81%
Invested Capital Growth
-21.57% 2.47% -7.20% 0.73% 143.20% -22.56% -11.63% 3.55% -2.11% 21.72% -3.95%
Revenue Q/Q Growth
-11.72% 1.65% 6.35% 5.50% 23.22% -23.23% 18.62% 2.49% -5.84% 0.12% -19.83%
EBITDA Q/Q Growth
-1.27% 177.35% 16.90% 11.44% -16.14% -4.30% 40.07% -1.76% -3.29% -12.54% 8.88%
EBIT Q/Q Growth
-1.43% 78.91% 129.67% 20.35% -100.78% 2.25% 341.60% -1.60% -5.18% -31.76% 49.26%
NOPAT Q/Q Growth
-1.43% 78.91% 238.47% 5.08% -75.85% 5.05% 1,326.21% -6.72% 7.55% -47.34% 44.43%
Net Income Q/Q Growth
-29.23% 89.53% 141.88% 5.33% -142.79% -0.52% 810.09% 3.02% -13.44% -29.98% 10.96%
EPS Q/Q Growth
-31.15% 89.53% 139.44% 5.69% -179.74% 2.51% 232.77% 3.08% -15.03% -36.29% 18.38%
Operating Cash Flow Q/Q Growth
-36.20% -1.43% 11.59% 16.37% -6.24% -13.27% 19.30% 5.54% -5.64% 1.03% -6.42%
Free Cash Flow Firm Q/Q Growth
-93.46% -169.37% 294.68% 8.53% 27.33% -71.43% -0.58% -20.98% 23.86% -6.25% -6.75%
Invested Capital Q/Q Growth
-17.81% 10.70% -4.98% -5.32% -20.62% -8.38% -3.24% 0.97% -0.75% -3.40% -8.97%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
50.75% 45.83% 53.39% 63.91% 61.44% 43.69% 58.92% 63.31% 56.22% 59.66% 65.05%
EBITDA Margin
-40.95% 25.86% 42.36% 58.20% 28.14% -41.33% 49.97% 56.73% 48.01% 42.56% 53.00%
Operating Margin
-77.36% -16.44% 10.48% 33.06% -1.16% -88.87% 16.95% 35.06% 23.71% 11.93% 18.12%
EBIT Margin
-77.36% -16.44% 10.48% 34.99% -0.09% -91.49% 17.42% 38.06% 23.71% 15.14% 18.12%
Profit (Net Income) Margin
-62.73% -5.69% 10.44% 24.10% -2.40% -91.87% 8.95% 35.86% 16.62% 11.45% 10.97%
Tax Burden Percent
80.84% 31.11% 135.02% 73.66% -147.46% 94.43% 62.67% 94.24% 73.04% 75.63% 75.74%
Interest Burden Percent
100.30% 111.21% 73.78% 93.51% -1,863.16% 106.34% 81.93% 100.00% 95.94% 100.00% 79.96%
Effective Tax Rate
0.00% 0.00% 1.75% 26.34% 243.22% 0.00% 24.70% 5.76% 26.96% 28.85% 32.64%
Return on Invested Capital (ROIC)
-21.13% -4.08% 4.65% 15.55% 0.78% -17.28% 6.94% 26.87% 10.66% 4.53% 5.25%
ROIC Less NNEP Spread (ROIC-NNEP)
-31.89% 0.36% 4.78% 15.12% -4.01% -32.38% 3.44% 31.99% 9.39% 8.96% 3.43%
Return on Net Nonoperating Assets (RNNOA)
-14.40% 0.31% 5.26% 8.73% -2.66% -38.89% 5.00% 25.91% 4.88% 4.96% 1.42%
Return on Equity (ROE)
-35.53% -3.77% 9.92% 24.29% -1.88% -56.17% 11.94% 52.78% 15.54% 9.50% 6.67%
Cash Return on Invested Capital (CROIC)
3.05% -6.52% 12.13% 14.83% -82.67% 8.15% 19.28% 23.38% 12.79% -15.06% 9.28%
Operating Return on Assets (OROA)
-19.37% -3.84% 3.09% 13.97% -0.03% -15.77% 5.83% 19.12% 9.14% 5.11% 4.61%
Return on Assets (ROA)
-15.71% -1.33% 3.08% 9.62% -0.69% -15.84% 2.99% 18.02% 6.41% 3.86% 2.79%
Return on Common Equity (ROCE)
-35.53% -3.77% 9.92% 24.29% -1.55% -35.40% 5.95% 32.34% 10.87% 7.01% 5.03%
Return on Equity Simple (ROE_SIMPLE)
-46.85% -4.17% 10.33% 19.37% -1.52% -79.85% 11.42% 44.22% 15.52% 9.01% 0.00%
Net Operating Profit after Tax (NOPAT)
-6,759 -1,161 1,293 4,174 361 -10,042 3,313 12,258 4,895 2,283 2,635
NOPAT Margin
-54.15% -11.51% 10.30% 24.35% 1.66% -62.21% 12.77% 33.04% 17.32% 8.49% 12.20%
Net Nonoperating Expense Percent (NNEP)
10.76% -4.44% -0.12% 0.43% 4.79% 15.10% 3.50% -5.12% 1.26% -4.43% 1.81%
Return On Investment Capital (ROIC_SIMPLE)
-27.02% -4.93% 5.74% 13.19% 0.49% -18.13% 6.56% 24.24% 9.77% 3.77% 4.47%
Cost of Revenue to Revenue
49.25% 54.17% 46.61% 36.09% 38.56% 56.31% 41.08% 36.69% 43.78% 40.34% 34.95%
SG&A Expenses to Revenue
10.18% 13.18% 6.99% 9.41% 10.64% 10.83% 7.43% 5.97% 7.67% 9.83% 11.77%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
128.11% 62.27% 42.91% 30.85% 62.60% 132.56% 41.96% 28.24% 32.51% 47.73% 46.93%
Earnings before Interest and Taxes (EBIT)
-9,655 -1,659 1,316 5,997 -19 -14,769 4,522 14,117 6,701 4,070 3,912
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-5,111 2,609 5,318 9,974 6,121 -6,672 12,969 21,043 13,566 11,441 11,445
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.35 3.14 3.70 1.89 1.40 1.75 2.46 2.73 2.34 1.78 1.46
Price to Tangible Book Value (P/TBV)
2.35 3.14 3.70 1.89 1.40 1.75 2.46 2.73 2.34 1.78 1.46
Price to Revenue (P/Rev)
3.15 4.28 3.74 2.35 1.57 0.96 1.00 1.49 1.82 1.72 1.88
Price to Earnings (P/E)
0.00 0.00 35.80 9.75 0.00 0.00 17.07 4.43 13.64 19.41 24.60
Dividend Yield
5.77% 5.34% 4.99% 5.81% 8.21% 4.94% 0.14% 0.85% 1.23% 1.79% 2.33%
Earnings Yield
0.00% 0.00% 2.79% 10.26% 0.00% 0.00% 5.86% 22.57% 7.33% 5.15% 4.07%
Enterprise Value to Invested Capital (EV/IC)
1.53 1.71 2.00 1.70 1.12 1.12 1.34 1.76 1.65 1.37 1.37
Enterprise Value to Revenue (EV/Rev)
3.46 4.89 4.27 2.68 3.38 3.51 2.32 2.20 2.65 2.81 3.12
Enterprise Value to EBITDA (EV/EBITDA)
0.00 18.93 10.07 4.60 12.00 0.00 4.65 3.87 5.52 6.60 5.88
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 40.71 7.65 0.00 0.00 13.32 5.77 11.18 18.57 17.21
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 41.44 10.99 203.60 0.00 18.18 6.65 15.31 33.10 25.55
Enterprise Value to Operating Cash Flow (EV/OCF)
12.88 14.59 11.02 5.98 9.96 14.31 5.77 4.85 6.09 6.61 6.39
Enterprise Value to Free Cash Flow (EV/FCFF)
44.23 0.00 15.91 11.53 0.00 11.95 6.54 7.64 12.76 0.00 14.45
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.50 0.71 0.77 0.48 1.15 1.98 1.49 0.68 0.65 0.76 0.61
Long-Term Debt to Equity
0.41 0.71 0.74 0.48 1.15 1.96 1.48 0.68 0.61 0.72 0.56
Financial Leverage
0.45 0.87 1.10 0.58 0.66 1.20 1.46 0.81 0.52 0.55 0.41
Leverage Ratio
2.26 2.84 3.22 2.52 2.72 3.55 3.99 2.93 2.43 2.46 2.39
Compound Leverage Factor
2.27 3.16 2.38 2.36 -50.65 3.77 3.27 2.93 2.33 2.46 1.91
Debt to Total Capital
33.20% 41.66% 43.65% 32.60% 53.55% 66.47% 59.77% 40.52% 39.41% 43.10% 37.96%
Short-Term Debt to Total Capital
5.80% 0.00% 2.22% 0.37% 0.07% 0.79% 0.37% 0.33% 2.40% 1.88% 3.01%
Long-Term Debt to Total Capital
27.40% 41.66% 41.43% 32.23% 53.48% 65.68% 59.40% 40.19% 37.01% 41.22% 34.96%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 13.25% 17.62% 19.32% 19.30% 16.55% 13.68% 14.05%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.20% 0.53% 0.96%
Common Equity to Total Capital
66.80% 58.34% 56.35% 67.40% 33.21% 15.90% 20.91% 40.18% 43.85% 42.70% 47.03%
Debt to EBITDA
-1.62 3.76 1.85 1.03 6.45 -5.52 2.33 0.97 1.46 2.28 1.96
Net Debt to EBITDA
-0.75 2.37 1.25 0.56 4.83 -4.71 1.89 0.78 1.11 1.82 1.57
Long-Term Debt to EBITDA
-1.34 3.76 1.75 1.02 6.44 -5.45 2.31 0.97 1.37 2.18 1.80
Debt to NOPAT
-1.23 -8.46 7.60 2.47 109.33 -3.67 9.12 1.67 4.03 11.44 8.50
Net Debt to NOPAT
-0.57 -5.33 5.14 1.34 81.89 -3.13 7.39 1.33 3.08 9.12 6.81
Long-Term Debt to NOPAT
-1.01 -8.46 7.21 2.44 109.19 -3.62 9.06 1.66 3.79 10.94 7.83
Altman Z-Score
1.80 2.18 2.47 2.74 0.77 -0.20 0.94 2.27 1.75 1.36 1.28
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 17.57% 36.97% 50.19% 38.73% 30.03% 26.21% 24.56%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.37 1.32 1.12 1.34 1.15 1.07 1.23 1.15 0.92 0.95 0.94
Quick Ratio
0.90 0.98 0.79 1.07 0.57 0.50 0.84 0.68 0.51 0.59 0.48
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
976 -1,856 3,368 3,979 -38,209 4,738 9,210 10,668 5,875 -7,585 4,660
Operating Cash Flow to CapEx
75.25% 124.55% 221.36% 154.15% 115.83% 156.02% 363.55% 306.36% 176.26% 70.84% 157.03%
Free Cash Flow to Firm to Interest Expense
6.64 -6.36 9.76 10.23 0.00 3.33 5.71 0.00 6.22 0.00 4.32
Operating Cash Flow to Interest Expense
22.80 11.59 14.09 19.71 0.00 2.78 6.46 0.00 13.02 0.00 9.76
Operating Cash Flow Less CapEx to Interest Expense
-7.50 2.28 7.72 6.93 0.00 1.00 4.69 0.00 5.63 0.00 3.54
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.25 0.23 0.29 0.40 0.29 0.17 0.33 0.50 0.39 0.34 0.25
Accounts Receivable Turnover
3.48 2.90 3.09 3.79 4.77 5.09 8.21 8.74 7.56 8.00 7.98
Inventory Turnover
6.03 5.90 5.54 4.94 5.90 5.23 5.70 6.97 6.06 5.27 4.22
Fixed Asset Turnover
0.35 0.32 0.40 0.55 0.38 0.22 0.41 0.63 0.48 0.42 0.33
Accounts Payable Turnover
1.48 1.56 1.40 1.33 1.71 2.30 3.10 3.43 3.22 2.93 2.23
Days Sales Outstanding (DSO)
104.94 125.87 118.26 96.24 76.57 71.77 44.46 41.76 48.28 45.63 45.76
Days Inventory Outstanding (DIO)
60.51 61.84 65.88 73.94 61.82 69.85 64.07 52.36 60.21 69.29 86.55
Days Payable Outstanding (DPO)
246.36 233.55 259.95 274.21 213.14 158.55 117.84 106.30 113.23 124.53 163.40
Cash Conversion Cycle (CCC)
-80.92 -45.85 -75.82 -104.02 -74.74 -16.93 -9.31 -12.18 -4.74 -9.61 -31.09
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
28,119 28,814 26,739 26,934 65,504 50,724 44,827 46,417 45,437 55,305 49,227
Invested Capital Turnover
0.39 0.35 0.45 0.64 0.47 0.28 0.54 0.81 0.62 0.53 0.43
Increase / (Decrease) in Invested Capital
-7,734 695 -2,075 195 38,570 -14,780 -5,897 1,590 -980 9,868 -2,025
Enterprise Value (EV)
43,149 49,388 53,574 45,868 73,481 56,605 60,242 81,488 74,940 75,561 67,316
Market Capitalization
39,312 43,203 46,933 40,264 34,165 15,445 25,980 55,394 51,466 46,128 40,512
Book Value per Share
$21.88 $17.99 $16.58 $28.25 $27.39 $9.46 $11.31 $22.36 $24.95 $27.57 $28.16
Tangible Book Value per Share
$21.88 $17.99 $16.58 $28.25 $27.39 $9.46 $11.31 $22.36 $24.95 $27.57 $28.16
Total Capital
25,015 23,569 22,516 31,647 73,692 55,399 50,529 50,577 50,087 60,596 58,994
Total Debt
8,305 9,819 9,828 10,317 39,460 36,826 30,202 20,492 19,738 26,116 22,396
Total Long-Term Debt
6,855 9,819 9,328 10,201 39,409 36,386 30,016 20,327 18,536 24,978 20,623
Net Debt
3,837 6,185 6,641 5,604 29,554 31,398 24,500 16,332 15,088 20,825 17,953
Capital Expenditures (CapEx)
4,453 2,717 2,196 4,975 6,367 2,535 2,870 5,487 6,983 16,147 6,707
Debt-free, Cash-free Net Working Capital (DFCFNWC)
809 -167 -302 -397 -1,538 -1,142 -691 310 -997 -1,445 -796
Debt-free Net Working Capital (DFNWC)
4,010 2,066 1,370 2,636 1,979 1,036 2,073 1,294 429 687 1,172
Net Working Capital (NWC)
2,560 2,066 870 2,520 1,928 596 1,887 1,129 -773 -451 -601
Net Nonoperating Expense (NNE)
1,071 -587 -18 43 883 4,789 991 -1,046 199 -795 266
Net Nonoperating Obligations (NNO)
11,409 15,064 14,051 5,604 31,272 32,151 24,500 16,332 15,088 20,825 12,629
Total Depreciation and Amortization (D&A)
4,544 4,268 4,002 3,977 6,140 8,097 8,447 6,926 6,865 7,371 7,533
Debt-free, Cash-free Net Working Capital to Revenue
6.48% -1.66% -2.41% -2.32% -7.07% -7.07% -2.66% 0.84% -3.53% -5.38% -3.69%
Debt-free Net Working Capital to Revenue
32.13% 20.48% 10.91% 15.38% 9.10% 6.42% 7.99% 3.49% 1.52% 2.56% 5.43%
Net Working Capital to Revenue
20.51% 20.48% 6.93% 14.70% 8.86% 3.69% 7.27% 3.04% -2.74% -1.68% -2.78%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($10.23) ($0.75) $1.71 $5.40 ($1.22) ($17.06) $1.62 $0.00 $4.22 $2.59 $1.65
Adjusted Weighted Average Basic Shares Outstanding
763.85M 764.29M 765.15M 749.55M 895.22M 931.55M 934.06M 0.00 879.50M 938.50M 986.27M
Adjusted Diluted Earnings per Share
($10.23) ($0.75) $1.70 $5.39 ($1.22) ($17.06) $1.58 $0.00 $3.90 $2.44 $1.61
Adjusted Weighted Average Diluted Shares Outstanding
763.85M 764.29M 765.15M 749.55M 895.22M 931.55M 934.06M 0.00 879.50M 938.50M 986.27M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
763.85M 764.29M 765.15M 749.55M 895.22M 931.55M 934.06M 0.00 879.50M 938.50M 986.27M
Normalized Net Operating Profit after Tax (NOPAT)
338 -725 1,173 3,869 1,929 -2,047 3,513 12,342 4,685 3,254 2,507
Normalized NOPAT Margin
2.71% -7.19% 9.35% 22.58% 8.87% -12.68% 13.53% 33.27% 16.58% 12.11% 11.61%
Pre Tax Income Margin
-77.60% -18.29% 7.74% 32.72% 1.63% -97.29% 14.27% 38.06% 22.75% 15.14% 14.49%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-65.68 -5.68 3.81 15.42 0.00 -10.37 2.80 0.00 7.09 0.00 3.63
NOPAT to Interest Expense
-45.98 -3.98 3.75 10.73 0.00 -7.05 2.05 0.00 5.18 0.00 2.44
EBIT Less CapEx to Interest Expense
-95.97 -14.99 -2.55 2.63 0.00 -12.15 1.02 0.00 -0.30 0.00 -2.59
NOPAT Less CapEx to Interest Expense
-76.27 -13.28 -2.62 -2.06 0.00 -8.83 0.27 0.00 -2.21 0.00 -3.77
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
-28.92% -402.26% 178.95% 57.47% -551.92% -12.44% 36.13% 8.90% 29.07% 46.98% 67.29%
Augmented Payout Ratio
-36.49% -406.10% 180.85% 87.68% -597.32% -12.52% 36.48% 32.19% 67.36% 47.86% 67.29%

Quarterly Metrics And Ratios for Occidental Petroleum

This table displays calculated financial ratios and metrics derived from Occidental Petroleum's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - - 986,266,656.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 986,266,656.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 3.22
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-21.19% -20.33% -17.19% 1.28% -3.32% 0.45% 14.18% -5.30% -6.11% -23.55% -12.37%
EBITDA Growth
-35.23% -11.52% -21.88% 11.49% -0.03% -59.48% 26.87% -21.09% -10.00% 15.55% -16.32%
EBIT Growth
-51.11% -16.70% -41.94% 21.31% -11.89% -129.52% 49.75% -54.31% -30.55% 51.92% -43.09%
NOPAT Growth
-52.63% 31.38% -58.52% 55.63% -21.10% -122.15% 116.61% -60.83% -33.75% 51.92% -51.16%
Net Income Growth
-49.93% -37.83% -29.69% 36.05% -17.09% -110.02% 6.42% -60.00% -26.14% 195.00% 255.45%
EPS Growth
-52.38% -39.20% -25.00% 63.49% -18.33% -129.91% 2.67% -74.76% -33.67% 78.13% 306.49%
Operating Cash Flow Growth
-26.67% -18.52% -30.07% -22.02% 17.67% 3.61% 7.03% 23.64% -24.23% -21.51% -40.36%
Free Cash Flow Firm Growth
-51.92% 1,015.01% -124.06% -156.68% -803.21% -481.77% -1,097.63% -1,027.84% 136.83% 146.66% 183.27%
Invested Capital Growth
-0.42% -2.11% 2.40% 3.86% 25.06% 21.72% 17.68% 15.46% -5.54% -3.95% -10.71%
Revenue Q/Q Growth
9.94% -7.19% -12.49% 13.43% 4.94% -3.56% -0.54% -5.92% 4.04% -76.81% 222.72%
EBITDA Q/Q Growth
15.94% 0.80% -23.87% 25.31% 3.96% -59.15% 138.39% -22.05% 18.56% -25.16% 1.18%
EBIT Q/Q Growth
36.22% 0.94% -44.74% 59.66% -1.06% -133.81% 380.33% -51.29% 50.41% -32.07% -19.55%
NOPAT Q/Q Growth
74.75% 31.61% -70.95% 132.94% -11.41% -136.94% 384.12% -57.88% 49.86% -22.20% -30.45%
Net Income Q/Q Growth
59.88% -12.87% -25.88% 31.76% -2.56% -110.53% 887.50% -50.48% 79.91% -86.46% 2,846.49%
EPS Q/Q Growth
90.48% -10.83% -29.91% 37.33% -4.85% -132.65% 340.63% -66.23% 150.00% -110.77% 4,571.43%
Operating Cash Flow Q/Q Growth
1.92% 3.52% -38.04% 19.28% 53.80% -8.85% -36.00% 37.80% -5.74% -5.59% -51.37%
Free Cash Flow Firm Q/Q Growth
38.30% 80.54% -122.36% -1.51% -1,615.88% 1.98% 29.85% 4.40% 156.03% -33.72% 145.09%
Invested Capital Q/Q Growth
0.40% -0.75% 2.80% 1.40% 20.89% -3.40% -0.61% -0.52% -1.10% -8.97% -0.30%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
56.27% 55.33% 57.12% 59.53% 62.54% 59.02% 60.73% 58.80% 59.16% 135.37% 64.24%
EBITDA Margin
47.58% 51.67% 44.96% 49.67% 49.20% 20.84% 49.96% 41.39% 47.16% 152.18% 47.71%
Operating Margin
23.01% 32.28% 11.78% 23.63% 19.96% -7.81% 22.02% 11.03% 13.95% 48.27% 12.03%
EBIT Margin
24.45% 26.59% 16.79% 23.63% 22.28% -7.81% 22.02% 11.40% 16.48% 48.27% 12.03%
Profit (Net Income) Margin
18.58% 17.44% 14.78% 17.16% 15.94% -1.74% 13.77% 7.25% 12.54% 7.32% 66.81%
Tax Burden Percent
76.01% 76.84% 87.92% 71.56% 71.52% 71.01% 70.95% 63.41% 72.21% -105.56% 861.28%
Interest Burden Percent
100.00% 85.38% 100.10% 101.49% 100.00% 31.35% 88.15% 100.27% 105.33% -14.36% 64.46%
Effective Tax Rate
23.99% 23.16% 30.10% 28.44% 28.48% 0.00% 29.05% 36.59% 27.79% 0.00% 39.49%
Return on Invested Capital (ROIC)
11.44% 15.26% 4.82% 9.86% 7.44% -2.92% 8.52% 3.75% 4.87% 14.52% 2.92%
ROIC Less NNEP Spread (ROIC-NNEP)
11.92% 12.04% 7.29% 9.97% 8.05% -1.49% 7.81% 3.85% 5.71% 11.72% 23.30%
Return on Net Nonoperating Assets (RNNOA)
6.93% 6.26% 3.83% 5.13% 4.86% -0.82% 4.21% 1.89% 3.16% 4.85% 9.17%
Return on Equity (ROE)
18.37% 21.52% 8.65% 14.99% 12.30% -3.74% 12.73% 5.64% 8.03% 19.37% 12.09%
Cash Return on Invested Capital (CROIC)
10.34% 12.79% 6.70% 6.14% -13.86% -15.06% -10.61% -10.11% 8.98% 9.28% 15.61%
Operating Return on Assets (OROA)
10.19% 10.25% 6.22% 8.69% 7.59% -2.63% 7.67% 3.89% 5.24% 12.29% 3.04%
Return on Assets (ROA)
7.75% 6.72% 5.47% 6.31% 5.43% -0.59% 4.80% 2.47% 3.99% 1.86% 16.87%
Return on Common Equity (ROCE)
12.66% 15.06% 6.14% 10.81% 9.08% -2.76% 9.43% 4.22% 6.09% 14.61% 9.24%
Return on Equity Simple (ROE_SIMPLE)
18.51% 0.00% 14.02% 14.45% 12.68% 0.00% 9.03% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
1,294 1,704 495 1,153 1,021 -377 1,072 452 677 526 366
NOPAT Margin
17.49% 24.81% 8.23% 16.91% 14.28% -5.47% 15.62% 6.99% 10.07% 33.79% 7.28%
Net Nonoperating Expense Percent (NNEP)
-0.48% 3.22% -2.47% -0.11% -0.61% -1.43% 0.71% -0.10% -0.83% 2.81% -20.37%
Return On Investment Capital (ROIC_SIMPLE)
2.60% 3.40% 0.96% 2.19% 1.64% -0.62% 1.77% 0.75% 1.14% 0.89% 0.66%
Cost of Revenue to Revenue
41.14% 47.47% 42.88% 40.47% 38.57% 39.83% 39.27% 41.20% 39.45% -29.40% 35.76%
SG&A Expenses to Revenue
7.92% 10.85% 11.13% 8.85% 8.41% 11.15% 9.60% 12.10% 10.02% 27.54% 11.95%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
33.26% 23.05% 45.34% 35.90% 42.58% 66.84% 38.71% 47.77% 45.21% 87.10% 52.21%
Earnings before Interest and Taxes (EBIT)
1,809 1,826 1,009 1,611 1,594 -539 1,511 736 1,107 752 605
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
3,521 3,549 2,702 3,386 3,520 1,438 3,428 2,672 3,168 2,371 2,399
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.66 2.34 2.50 2.32 1.75 1.78 1.75 1.51 1.66 1.46 2.09
Price to Tangible Book Value (P/TBV)
2.66 2.34 2.50 2.32 1.75 1.78 1.75 1.51 1.66 1.46 2.09
Price to Revenue (P/Rev)
1.87 1.82 2.08 2.03 1.72 1.72 1.67 1.51 1.73 1.88 3.07
Price to Earnings (P/E)
12.53 13.64 16.03 14.15 12.48 19.41 19.10 24.02 32.80 24.60 15.81
Dividend Yield
1.06% 1.23% 1.19% 1.29% 1.65% 1.79% 1.82% 2.19% 1.99% 2.33% 1.51%
Earnings Yield
7.98% 7.33% 6.24% 7.07% 8.01% 5.15% 5.23% 4.16% 3.05% 4.07% 6.33%
Enterprise Value to Invested Capital (EV/IC)
1.76 1.65 1.72 1.66 1.35 1.37 1.36 1.25 1.34 1.37 1.68
Enterprise Value to Revenue (EV/Rev)
2.69 2.65 2.98 2.90 2.87 2.81 2.70 2.51 2.70 3.12 3.95
Enterprise Value to EBITDA (EV/EBITDA)
5.76 5.52 6.28 5.99 5.89 6.60 6.45 6.31 6.91 5.88 7.52
Enterprise Value to EBIT (EV/EBIT)
11.43 11.18 13.46 12.62 12.93 18.57 18.67 22.04 27.71 17.21 23.90
Enterprise Value to NOPAT (EV/NOPAT)
17.75 15.31 19.20 17.05 17.79 33.10 26.15 31.66 39.80 25.55 36.98
Enterprise Value to Operating Cash Flow (EV/OCF)
6.19 6.09 7.03 7.31 6.81 6.61 6.47 5.65 6.45 6.39 8.54
Enterprise Value to Free Cash Flow (EV/FCFF)
17.03 12.76 26.00 27.58 0.00 0.00 0.00 0.00 14.53 14.45 10.17
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.70 0.65 0.66 0.63 0.78 0.76 0.73 0.66 0.61 0.61 0.40
Long-Term Debt to Equity
0.65 0.61 0.62 0.59 0.75 0.72 0.68 0.65 0.57 0.56 0.39
Financial Leverage
0.58 0.52 0.53 0.51 0.60 0.55 0.54 0.49 0.55 0.41 0.39
Leverage Ratio
2.48 2.43 2.41 2.40 2.45 2.46 2.41 2.35 2.36 2.39 2.22
Compound Leverage Factor
2.48 2.07 2.41 2.44 2.45 0.77 2.12 2.35 2.49 -0.34 1.43
Debt to Total Capital
41.03% 39.41% 39.73% 38.75% 43.84% 43.10% 42.17% 39.66% 37.92% 37.96% 28.37%
Short-Term Debt to Total Capital
2.46% 2.40% 2.34% 2.56% 1.90% 1.88% 2.57% 0.72% 2.73% 3.01% 0.77%
Long-Term Debt to Total Capital
38.57% 37.01% 37.39% 36.19% 41.95% 41.22% 39.60% 38.94% 35.20% 34.96% 27.61%
Preferred Equity to Total Capital
16.67% 16.55% 16.13% 15.74% 13.32% 13.68% 13.65% 13.82% 13.99% 14.05% 15.00%
Noncontrolling Interests to Total Capital
0.00% 0.20% 0.30% 0.39% 0.42% 0.53% 0.65% 0.76% 0.85% 0.96% 1.14%
Common Equity to Total Capital
42.30% 43.85% 43.84% 45.13% 42.42% 42.70% 43.53% 45.76% 47.23% 47.03% 55.49%
Debt to EBITDA
1.45 1.46 1.59 1.55 2.08 2.28 2.21 2.19 2.14 1.96 1.43
Net Debt to EBITDA
1.17 1.11 1.23 1.15 1.71 1.82 1.71 1.70 1.65 1.57 0.87
Long-Term Debt to EBITDA
1.37 1.37 1.50 1.45 1.99 2.18 2.07 2.15 1.98 1.80 1.39
Debt to NOPAT
4.48 4.03 4.88 4.42 6.29 11.44 8.94 10.97 12.31 8.50 7.02
Net Debt to NOPAT
3.62 3.08 3.76 3.27 5.15 9.12 6.94 8.54 9.49 6.81 4.26
Long-Term Debt to NOPAT
4.21 3.79 4.59 4.13 6.02 10.94 8.40 10.77 11.43 7.83 6.83
Altman Z-Score
1.65 1.53 1.56 1.57 1.27 1.18 1.30 1.24 1.33 1.15 1.69
Noncontrolling Interest Sharing Ratio
31.10% 30.03% 29.03% 27.89% 26.20% 26.21% 25.92% 25.18% 24.18% 24.56% 23.57%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.92 0.92 0.95 1.04 1.00 0.95 1.01 1.05 0.94 0.94 1.21
Quick Ratio
0.48 0.51 0.52 0.59 0.60 0.59 0.65 0.68 0.57 0.48 0.90
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,486 2,684 -600 -609 -10,453 -10,245 -7,187 -6,870 3,850 2,551 6,253
Operating Cash Flow to CapEx
184.17% 159.01% 119.11% 122.27% 34.96% 179.18% 109.59% 144.11% 251.13% 328.43% 84.17%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -2.42 0.00 0.00 -22.60 0.00 0.00 0.00 14.47
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 9.50 0.00 0.00 6.75 0.00 0.00 0.00 2.97
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 1.73 0.00 0.00 0.59 0.00 0.00 0.00 -0.56
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.42 0.39 0.37 0.37 0.34 0.34 0.35 0.34 0.32 0.25 0.25
Accounts Receivable Turnover
7.77 7.56 8.26 8.03 7.07 8.00 8.06 7.43 7.59 7.98 5.17
Inventory Turnover
6.34 6.06 5.37 4.82 5.34 5.27 5.13 4.63 4.90 4.22 3.84
Fixed Asset Turnover
0.52 0.48 0.46 0.46 0.42 0.42 0.44 0.43 0.39 0.33 0.32
Accounts Payable Turnover
3.25 3.22 3.25 2.97 2.90 2.93 2.88 2.68 2.88 2.23 2.03
Days Sales Outstanding (DSO)
46.95 48.28 44.21 45.44 51.65 45.63 45.28 49.11 48.06 45.76 70.59
Days Inventory Outstanding (DIO)
57.56 60.21 67.93 75.79 68.31 69.29 71.10 78.75 74.54 86.55 95.13
Days Payable Outstanding (DPO)
112.16 113.23 112.27 122.91 126.05 124.53 126.64 136.18 126.73 163.40 179.62
Cash Conversion Cycle (CCC)
-7.65 -4.74 -0.13 -1.68 -6.10 -9.61 -10.27 -8.32 -4.13 -31.09 -13.91
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
45,779 45,437 46,707 47,359 57,253 55,305 54,966 54,681 54,080 49,227 49,079
Invested Capital Turnover
0.65 0.62 0.59 0.58 0.52 0.53 0.55 0.54 0.48 0.43 0.40
Increase / (Decrease) in Invested Capital
-192 -980 1,095 1,762 11,474 9,868 8,259 7,322 -3,173 -2,025 -5,887
Enterprise Value (EV)
80,771 74,940 80,403 78,709 77,095 75,561 74,865 68,589 72,621 67,316 82,541
Market Capitalization
56,017 51,466 56,220 55,116 46,229 46,128 46,324 41,343 46,515 40,512 64,107
Book Value per Share
$23.77 $24.95 $25.40 $26.80 $29.14 $27.57 $28.16 $27.88 $28.42 $28.16 $31.07
Tangible Book Value per Share
$23.77 $24.95 $25.40 $26.80 $29.14 $27.57 $28.16 $27.88 $28.42 $28.16 $31.07
Total Capital
49,710 50,087 51,379 52,664 62,207 60,596 60,699 59,951 59,228 58,994 55,231
Total Debt
20,398 19,738 20,412 20,405 27,273 26,116 25,594 23,775 22,462 22,396 15,671
Total Long-Term Debt
19,174 18,536 19,209 19,058 26,094 24,978 24,037 23,342 20,846 20,623 15,247
Net Debt
16,467 15,088 15,740 15,100 22,319 20,825 19,861 18,505 17,314 17,953 9,519
Capital Expenditures (CapEx)
1,699 2,037 1,685 1,958 10,533 1,873 1,960 2,054 1,111 802 1,522
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-62 -997 -536 -105 -567 -1,445 -962 -1,480 -1,152 -796 -1,466
Debt-free Net Working Capital (DFNWC)
549 429 736 1,740 1,192 687 1,650 846 1,007 1,172 2,345
Net Working Capital (NWC)
-675 -773 -467 393 13 -451 93 413 -609 -601 1,921
Net Nonoperating Expense (NNE)
-81 506 -393 -17 -119 -257 127 -16 -165 412 -2,993
Net Nonoperating Obligations (NNO)
16,467 15,088 15,740 15,100 22,319 20,825 19,861 18,505 17,314 12,629 9,519
Total Depreciation and Amortization (D&A)
1,712 1,723 1,693 1,775 1,926 1,977 1,917 1,936 2,061 1,619 1,794
Debt-free, Cash-free Net Working Capital to Revenue
-0.21% -3.53% -1.98% -0.39% -2.11% -5.38% -3.47% -5.41% -4.28% -3.69% -7.02%
Debt-free Net Working Capital to Revenue
1.83% 1.52% 2.73% 6.42% 4.44% 2.56% 5.95% 3.09% 3.74% 5.43% 11.23%
Net Working Capital to Revenue
-2.25% -2.74% -1.73% 1.45% 0.05% -1.68% 0.34% 1.51% -2.26% -2.78% 9.20%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.30 $1.16 $0.81 $1.10 $1.03 ($0.35) $0.81 $0.27 $0.67 ($0.10) $3.19
Adjusted Weighted Average Basic Shares Outstanding
880.37M 879.50M 886.64M 905.62M 938.34M 938.50M 984.13M 984.44M 985.21M 986.27M 994.63M
Adjusted Diluted Earnings per Share
$1.20 $1.07 $0.75 $1.03 $0.98 ($0.32) $0.77 $0.26 $0.65 ($0.07) $3.13
Adjusted Weighted Average Diluted Shares Outstanding
880.37M 879.50M 886.64M 905.62M 938.34M 938.50M 984.13M 984.44M 985.21M 986.27M 994.63M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
880.37M 879.50M 886.64M 905.62M 938.34M 938.50M 984.13M 984.44M 985.21M 986.27M 994.63M
Normalized Net Operating Profit after Tax (NOPAT)
1,148 1,474 504 1,143 1,128 -371 1,090 457 653 351 439
Normalized NOPAT Margin
15.52% 21.46% 8.39% 16.76% 15.77% -5.38% 15.88% 7.07% 9.72% 22.55% 8.73%
Pre Tax Income Margin
24.45% 22.70% 16.81% 23.98% 22.28% -2.45% 19.41% 11.43% 17.36% -6.93% 7.76%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 6.39 0.00 0.00 4.75 0.00 0.00 0.00 1.40
NOPAT to Interest Expense
0.00 0.00 0.00 4.57 0.00 0.00 3.37 0.00 0.00 0.00 0.85
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 -1.38 0.00 0.00 -1.41 0.00 0.00 0.00 -2.12
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 -3.20 0.00 0.00 -2.79 0.00 0.00 0.00 -2.68
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
25.00% 29.07% 31.87% 29.69% 31.82% 46.98% 47.66% 62.72% 73.21% 67.29% 33.93%
Augmented Payout Ratio
66.34% 67.36% 56.54% 43.30% 36.28% 47.86% 47.66% 63.46% 74.05% 67.29% 35.10%

Financials Breakdown Chart

Key Financial Trends

Here’s a concise, investor-focused read on Occidental Petroleum (OXY) using quarterly data from the past four years. The tables reflect four-year trends across income statements, cash flows, and balance sheets, with a focus on lines that drive cash generation, profitability, and leverage.

  • Net cash from continuing operating activities has remained robust, typically around $2.0–3.0 billion per quarter in 2023–2025 (examples: about $2.63B in Q4 2025; about $2.79B in Q3 2025; about $2.96B in Q2 2025; about $2.15B in Q1 2025).
  • Total assets have been stable in the low-to-mid $80s billions, with total equity generally in the mid-to-high $30 billions, signaling a solid balance sheet foundation to weather commodity cycles.
  • OXY has continued to pay a cash dividend per share in the $0.18–$0.24 range across 2024–2025, indicating ongoing shareholder returns.
  • Net income attributable to common shareholders has been positive in several quarters of 2023–2025 (e.g., Q3 2025 around $0.66B; Q1 2025 around $0.77B), showing earnings potential when oil prices and costs align.
  • Capital expenditures run roughly in the $1.8–2.1B per quarter range, signaling continued investment in productive capacity and efficiency; this is neutral to near-term cash returns and depends on commodity prices and project execution.
  • Earnings and gross-margin swings reflect commodity-price sensitivity and exploration-related costs, a typical characteristic of an upstream E&P company like OXY.
  • Debt levels remain substantial, with long-term obligations and total liabilities in the mid-to-high tens of billions, presenting leverage risk during downturns but supported by strong operating cash flow in many periods.
  • Cash balances fluctuate quarter-to-quarter, with cash and equivalents often in the low billions; liquidity remains adequate but can compress around heavy capex or debt activity.
  • Q4 2025 shows a quarterly net loss to common shareholders and negative earnings per share (roughly -$68M and -$0.10 per share), signaling a softer quarter amid cycle-driven volatility.
  • Net change in cash and equivalents can be negative in certain quarters, reflecting cash outflows from investing and financing activities despite solid operating cash flow; this can pressure near-term liquidity in stressed scenarios.
05/08/26 08:25 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Occidental Petroleum's Financials

When does Occidental Petroleum's financial year end?

According to the most recent income statement we have on file, Occidental Petroleum's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Occidental Petroleum's net income changed over the last 10 years?

Occidental Petroleum's net income appears to be on an upward trend, with a most recent value of $2.37 billion in 2025, falling from -$7.83 billion in 2015. The previous period was $3.08 billion in 2024. View Occidental Petroleum's forecast to see where analysts expect Occidental Petroleum to go next.

What is Occidental Petroleum's operating income?
Occidental Petroleum's total operating income in 2025 was $3.91 billion, based on the following breakdown:
  • Total Gross Profit: $14.05 billion
  • Total Operating Expenses: $10.13 billion
How has Occidental Petroleum's revenue changed over the last 10 years?

Over the last 10 years, Occidental Petroleum's total revenue changed from $12.48 billion in 2015 to $21.59 billion in 2025, a change of 73.0%.

How much debt does Occidental Petroleum have?

Occidental Petroleum's total liabilities were at $47.59 billion at the end of 2025, a 6.6% decrease from 2024, and a 170.0% increase since 2015.

How much cash does Occidental Petroleum have?

In the past 10 years, Occidental Petroleum's cash and equivalents has ranged from $984 million in 2022 to $3.20 billion in 2015, and is currently $1.97 billion as of their latest financial filing in 2025.

How has Occidental Petroleum's book value per share changed over the last 10 years?

Over the last 10 years, Occidental Petroleum's book value per share changed from 21.88 in 2015 to 28.16 in 2025, a change of 28.7%.



Financial statements for NYSE:OXY last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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