TTM
$6.08B
YoY change
-24.4%
5Y CAGR
+75.3%
Peak year (2022)
$17.05B
Cumulative gross profit
$241.93B
Gross Profit history chart for Occidental Petroleum (OXY) from 1985 to 2025
Latest: $7.29B
Gross Profit growth chart for Occidental Petroleum (OXY) from 1985 to 2025
Latest: -24.4%
Gross Profit history table for Occidental Petroleum (OXY) from 1985 to 2025
| 2025 | $7.29B | -24.4% | −$2.35B | ||
| 2024 | $9.65B | -1.0% | −$93.00M | ||
| 2023 | $9.74B | -42.9% | −$7.31B | ||
| 2022 | $17.05B | +124.2% | +$9.44B | ||
| 2021 | $7.60B | +1624.3% | +$7.16B | ||
| 2020 | $441.00M | -90.1% | −$4.00B | ||
| 2019 | $4.44B | -9.7% | −$475.00M | ||
| 2018 | $4.92B | +76.7% | +$2.13B | ||
| 2017 | $2.78B | +383.8% | +$2.21B | ||
| 2016 | $575.00M | -72.5% | −$1.52B | ||
| 2015 | $2.09B | -74.4% | −$6.08B | ||
| 2014 | $8.18B | -27.5% | −$3.10B | ||
| 2013 | $11.28B | -1.1% | −$124.00M | ||
| 2012 | $11.40B | -8.9% | −$1.11B | ||
| 2011 | $12.51B | +34.2% | +$3.19B | ||
| 2010 | $9.32B | +41.5% | +$2.73B | ||
| 2009 | $6.59B | -52.3% | −$7.23B | ||
| 2008 | $13.81B | +48.4% | +$4.50B | ||
| 2007 | $9.31B | +5.9% | +$516.00M | ||
| 2006 | $8.79B | +14.9% | +$1.14B | ||
| 2005 | $7.66B | +39.3% | +$2.16B | ||
| 2004 | $5.50B | +5.7% | +$297.00M | ||
| 2003 | $5.20B | +37.6% | +$1.42B | ||
| 2002 | $3.78B | -62.9% | −$6.40B | ||
| 2001 | $10.18B | +125.3% | +$5.66B | ||
| 2000 | $4.52B | +67.4% | +$1.82B | ||
| 1999 | $2.70B | +20.6% | +$461.00M | ||
| 1998 | $2.24B | -21.5% | −$611.00M | ||
| 1997 | $2.85B | -47.1% | −$2.54B | ||
| 1996 | $5.38B | +10.9% | +$527.00M | ||
| 1995 | $4.86B | +102.5% | +$2.46B | ||
| 1994 | $2.40B | +16.5% | +$340.00M | ||
| 1993 | $2.06B | -4.7% | −$102.00M | ||
| 1992 | $2.16B | -17.6% | −$462.00M | ||
| 1991 | $2.62B | -24.4% | −$848.00M | ||
| 1990 | $3.47B | -5.1% | −$185.00M | ||
| 1989 | $3.65B | +0.6% | +$20.00M | ||
| 1988 | $3.63B | +10.0% | +$331.00M | ||
| 1987 | $3.30B | +30.7% | +$775.60M | ||
| 1986 | $2.53B | -11.6% | −$332.30M | ||
| 1985 | $2.86B | — | — |
- 2025$7.29B-24.4%
- 2024$9.65B-1.0%
- 2023$9.74B-42.9%
- 2022$17.05B+124.2%
- 2021$7.60B+1624.3%
- 2020$441.00M-90.1%
- 2019$4.44B-9.7%
- 2018$4.92B+76.7%
- 2017$2.78B+383.8%
- 2016$575.00M-72.5%
- 2015$2.09B-74.4%
- 2014$8.18B-27.5%
- 2013$11.28B-1.1%
- 2012$11.40B-8.9%
- 2011$12.51B+34.2%
- 2010$9.32B+41.5%
- 2009$6.59B-52.3%
- 2008$13.81B+48.4%
- 2007$9.31B+5.9%
- 2006$8.79B+14.9%
- 2005$7.66B+39.3%
- 2004$5.50B+5.7%
- 2003$5.20B+37.6%
- 2002$3.78B-62.9%
- 2001$10.18B+125.3%
- 2000$4.52B+67.4%
- 1999$2.70B+20.6%
- 1998$2.24B-21.5%
- 1997$2.85B-47.1%
- 1996$5.38B+10.9%
- 1995$4.86B+102.5%
- 1994$2.40B+16.5%
- 1993$2.06B-4.7%
- 1992$2.16B-17.6%
- 1991$2.62B-24.4%
- 1990$3.47B-5.1%
- 1989$3.65B+0.6%
- 1988$3.63B+10.0%
- 1987$3.30B+30.7%
- 1986$2.53B-11.6%
- 1985$2.86B—
Gross Profit 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 Profit at Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's current gross profit (TTM) is $6.08B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Occidental Petroleum (OXY) most recent annual gross profit stands at $7.29B (2025) – declined 24.4% year-over-year.
Occidental Petroleum gross profit has grown on net over the period, with a +75.3% compound annual growth rate over 2020–2025 (5 years).
Occidental Petroleum gross profit peaked at $17.05B in 2022; the latest annual figure is $7.29B in 2025 (57.2% below peak).
2022 marks the peak gross profit at $17.05B, with the historical low of $441.00M recorded in 2020.
Occidental Petroleum Gross Profit by Year
Occidental Petroleum Gross Profit 2025: $7.29B
2025's gross profit for Occidental Petroleum came in at $7.29B, declined 24.4% below 2024.
Occidental Petroleum Gross Profit 2024: $9.65B
Occidental Petroleum posted gross profit of $9.65B in 2024, edged down 1.0% below 2023.
Occidental Petroleum Gross Profit 2023: $9.74B
In 2023, Occidental Petroleum reported gross profit of $9.74B, plunged 42.9% below 2022.
Occidental Petroleum Gross Profit 2022: $17.05B
Occidental Petroleum gross profit in 2022 was $17.05B, surged 124.2% from 2021. This figure represents the highest annual value in the available history.
Occidental Petroleum Gross Profit 2021: $7.60B
Occidental Petroleum gross profit in 2021 was $7.60B.
See more financial history for Occidental Petroleum (OXY).
Sector peers by Gross Profit
Energy peers of Occidental Petroleum (OXY), ranked by their latest gross profit
| $70.23B | |
| $56.09B | |
| $15.42B | |
| $14.46B | |
| $10.00B | |
| $6.50B | |
| $5.37B | |
| $5.12B |
- $70.23B
- $56.09B
- $15.42B
- $14.46B
- $10.00B
- $6.50B
- $5.37B
- $5.12B
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