TTM
26.2%
YoY change
−1.83pp
Trough year (2020)
2.6%
Peak year (2001)
72.8%
Latest annual
33.8%
Gross Margin history chart for Occidental Petroleum (OXY) from 1985 to 2025
Latest: 33.8%
Gross Margin change chart for Occidental Petroleum (OXY) from 1985 to 2025
Latest: −1.83pp
Gross Margin history table for Occidental Petroleum (OXY) from 1985 to 2025
| 2025 | 33.8% | -1.83pp | ||
| 2024 | 35.6% | +1.22pp | ||
| 2023 | 34.4% | -12.64pp | ||
| 2022 | 47.0% | +17.74pp | ||
| 2021 | 29.3% | +26.72pp | ||
| 2020 | 2.6% | -20.53pp | ||
| 2019 | 23.1% | -8.46pp | ||
| 2018 | 31.6% | +9.24pp | ||
| 2017 | 22.3% | +16.63pp | ||
| 2016 | 5.7% | -11.09pp | ||
| 2015 | 16.8% | -25.39pp | ||
| 2014 | 42.2% | -3.96pp | ||
| 2013 | 46.1% | -1.17pp | ||
| 2012 | 47.3% | -5.39pp | ||
| 2011 | 52.7% | +3.30pp | ||
| 2010 | 49.4% | +6.49pp | ||
| 2009 | 42.9% | -13.95pp | ||
| 2008 | 56.8% | +7.44pp | ||
| 2007 | 49.4% | -1.80pp | ||
| 2006 | 51.2% | -1.25pp | ||
| 2005 | 52.4% | +4.10pp | ||
| 2004 | 48.3% | -7.40pp | ||
| 2003 | 55.7% | +4.28pp | ||
| 2002 | 51.5% | -21.28pp | ||
| 2001 | 72.8% | +39.48pp | ||
| 2000 | 33.3% | -1.22pp | ||
| 1999 | 34.5% | +1.63pp | ||
| 1998 | 32.9% | -2.66pp | ||
| 1997 | 35.5% | -15.47pp | ||
| 1996 | 51.0% | +4.40pp | ||
| 1995 | 46.6% | +20.64pp | ||
| 1994 | 26.0% | +0.61pp | ||
| 1993 | 25.4% | -0.07pp | ||
| 1992 | 25.4% | -0.54pp | ||
| 1991 | 26.0% | +9.98pp | ||
| 1990 | 16.0% | -2.22pp | ||
| 1989 | 18.2% | -0.51pp | ||
| 1988 | 18.7% | -0.61pp | ||
| 1987 | 19.3% | +2.85pp | ||
| 1986 | 16.5% | -3.20pp | ||
| 1985 | 19.7% | — |
- 202533.8%-1.83pp
- 202435.6%+1.22pp
- 202334.4%-12.64pp
- 202247.0%+17.74pp
- 202129.3%+26.72pp
- 20202.6%-20.53pp
- 201923.1%-8.46pp
- 201831.6%+9.24pp
- 201722.3%+16.63pp
- 20165.7%-11.09pp
- 201516.8%-25.39pp
- 201442.2%-3.96pp
- 201346.1%-1.17pp
- 201247.3%-5.39pp
- 201152.7%+3.30pp
- 201049.4%+6.49pp
- 200942.9%-13.95pp
- 200856.8%+7.44pp
- 200749.4%-1.80pp
- 200651.2%-1.25pp
- 200552.4%+4.10pp
- 200448.3%-7.40pp
- 200355.7%+4.28pp
- 200251.5%-21.28pp
- 200172.8%+39.48pp
- 200033.3%-1.22pp
- 199934.5%+1.63pp
- 199832.9%-2.66pp
- 199735.5%-15.47pp
- 199651.0%+4.40pp
- 199546.6%+20.64pp
- 199426.0%+0.61pp
- 199325.4%-0.07pp
- 199225.4%-0.54pp
- 199126.0%+9.98pp
- 199016.0%-2.22pp
- 198918.2%-0.51pp
- 198818.7%-0.61pp
- 198719.3%+2.85pp
- 198616.5%-3.20pp
- 198519.7%—
Gross Margin values are taken from Occidental Petroleum's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's latest reported gross margin is 26.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Occidental Petroleum (OXY) reported gross margin of 33.78% – contracted 1.8 percentage points year-over-year.
The record annual gross margin stands at 72.76%, reached in 2001; the historical low of 2.57% was recorded in 2020.
Occidental Petroleum Gross Margin by Year
Occidental Petroleum Gross Margin 2025: 33.8%
In 2025, Occidental Petroleum reported gross margin of 33.78%, contracted 1.8 percentage points from 2024.
Occidental Petroleum Gross Margin 2024: 35.6%
Occidental Petroleum gross margin in 2024 was 35.61%, expanded 1.2 percentage points from 2023.
Occidental Petroleum Gross Margin 2023: 34.4%
2023's gross margin for Occidental Petroleum came in at 34.39%, contracted 12.6 percentage points from 2022.
Occidental Petroleum Gross Margin 2022: 47.0%
Occidental Petroleum posted gross margin of 47.03% in 2022, expanded 17.7 percentage points from 2021.
Occidental Petroleum Gross Margin 2021: 29.3%
Occidental Petroleum gross margin in 2021 was 29.29%.
See more financial history for Occidental Petroleum (OXY).
Sector peers by Gross Margin
Energy peers of Occidental Petroleum (OXY), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
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