Net Income for Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's current net income (TTM) is $2.29B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.29B
YoY change
-22.1%
5Y CAGR
N/A
Peak year (2022)
$13.22B
Cumulative net income
$63.37B
Net Income history chart for Occidental Petroleum (OXY) from 1985 to 2025
Net Income history table for Occidental Petroleum (OXY) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.37B | -22.1% | ||
| 2024 | $3.04B | -34.9% | ||
| 2023 | $4.67B | -64.7% | ||
| 2022 | $13.22B | +471.8% | ||
| 2021 | $2.31B | -115.6% | ||
| 2020 | -$14.83B | +2123.5% | ||
| 2019 | -$667.00M | -116.2% | ||
| 2018 | $4.11B | +215.2% | ||
| 2017 | $1.30B | -327.4% | ||
| 2016 | -$574.00M | -92.7% | ||
| 2015 | -$7.83B | -1370.9% | ||
| 2014 | $616.00M | -89.5% | ||
| 2013 | $5.89B | +28.3% | ||
| 2012 | $4.59B | -32.1% | ||
| 2011 | $6.76B | +49.4% | ||
| 2010 | $4.52B | +55.4% | ||
| 2009 | $2.91B | -57.5% | ||
| 2008 | $6.86B | +27.0% | ||
| 2007 | $5.40B | +28.8% | ||
| 2006 | $4.19B | -20.6% | ||
| 2005 | $5.28B | +105.5% | ||
| 2004 | $2.57B | +68.2% | ||
| 2003 | $1.53B | +54.4% | ||
| 2002 | $989.00M | -14.3% | ||
| 2001 | $1.15B | -26.5% | ||
| 2000 | $1.57B | +250.4% | ||
| 1999 | $448.00M | +23.4% | ||
| 1998 | $363.00M | -193.1% | ||
| 1997 | -$390.00M | -158.4% | ||
| 1996 | $668.00M | +30.7% | ||
| 1995 | $511.00M | -1519.4% | ||
| 1994 | -$36.00M | -112.7% | ||
| 1993 | $283.00M | -147.9% | ||
| 1992 | -$591.00M | -228.5% | ||
| 1991 | $460.00M | -127.3% | ||
| 1990 | -$1.69B | -759.4% | ||
| 1989 | $256.00M | -18.2% | ||
| 1988 | $313.00M | +70.1% | ||
| 1987 | $184.00M | +6.9% | ||
| 1986 | $172.10M | -62.2% | ||
| 1985 | $455.00M | — |
Net Income values are taken from Occidental Petroleum's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Occidental Petroleum (OXY) reported net income of $2.37B – declined 22.1% year-over-year.
Occidental Petroleum net income plunged from $13.22B in 2022 to $2.37B in 2025, a 82.1% drawdown.
The highest annual net income of $13.22B was reported in 2022. The lowest in the available history was -$14.83B in 2020.
Occidental Petroleum (OXY) sits 8th of 8 Energy peers we track on this metric, against a peer median of $6.24B.
Occidental Petroleum Net Income by Year
Occidental Petroleum Net Income 2025: $2.37B
Occidental Petroleum net income in 2025 was $2.37B, declined 22.1% below 2024.
Occidental Petroleum Net Income 2024: $3.04B
Occidental Petroleum net income in 2024 was $3.04B, plunged 34.9% below 2023.
Occidental Petroleum Net Income 2023: $4.67B
Occidental Petroleum net income in 2023 was $4.67B, plunged 64.7% below 2022.
Occidental Petroleum Net Income 2022: $13.22B
Occidental Petroleum net income in 2022 was $13.22B, surged 471.8% from 2021. This figure represents the highest annual value in the available history.
Occidental Petroleum Net Income 2021: $2.31B
Occidental Petroleum net income in 2021 was $2.31B.
See more financial history for Occidental Petroleum (OXY).
Sector peers — Net Income
Companies in the same sector as Occidental Petroleum, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.84B | Energy |
| Chevron Corporation (CVX) | $12.30B | Energy |
| ConocoPhillips (COP) | $7.99B | Energy |
| Enbridge Inc. (ENB) | $7.49B | Energy |
| EOG Resources, Inc. (EOG) | $4.98B | Energy |
| SLB N.V. (SLB) | $3.35B | Energy |
| The Williams Companies, Inc. (WMB) | $2.62B | Energy |
| Valero Energy Corporation (VLO) | $2.35B | Energy |
Frequently asked questions
What is Occidental Petroleum's net income?
- Latest reported net income for Occidental Petroleum (OXY) is $2.29B (period ending December 31, 2025).
How has Occidental Petroleum net income changed year-over-year?
- Occidental Petroleum (OXY) net income changed -22.1% year-over-year on the latest annual filing.
When did Occidental Petroleum net income hit its highest annual value?
- Occidental Petroleum net income reached its highest annual value of $13.22B in 2022.
What was Occidental Petroleum net income in 2024?
- Occidental Petroleum (OXY) net income in 2024 was $3.04B.
What was Occidental Petroleum net income in 2025?
- Occidental Petroleum (OXY) net income in 2025 was $2.37B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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