Operating Income for Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's current operating income (TTM) is $4.08B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$4.08B
YoY change
-37.6%
5Y CAGR
N/A
Peak year (2022)
$13.28B
Cumulative operating income
$144.63B
Operating Income history chart for Occidental Petroleum (OXY) from 1985 to 2025
Operating Income history table for Occidental Petroleum (OXY) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.72B | -37.6% | ||
| 2024 | $5.97B | -8.0% | ||
| 2023 | $6.49B | -51.2% | ||
| 2022 | $13.28B | +184.4% | ||
| 2021 | $4.67B | -342.1% | ||
| 2020 | -$1.93B | -250.0% | ||
| 2019 | $1.29B | -55.1% | ||
| 2018 | $2.86B | +173.4% | ||
| 2017 | $1.05B | -201.5% | ||
| 2016 | -$1.03B | -314.6% | ||
| 2015 | $481.00M | -92.1% | ||
| 2014 | $6.12B | -29.8% | ||
| 2013 | $8.72B | -4.3% | ||
| 2012 | $9.12B | -12.2% | ||
| 2011 | $10.38B | +39.1% | ||
| 2010 | $7.47B | +55.4% | ||
| 2009 | $4.80B | -59.9% | ||
| 2008 | $11.97B | +54.4% | ||
| 2007 | $7.75B | +4.8% | ||
| 2006 | $7.39B | +17.9% | ||
| 2005 | $6.27B | +41.6% | ||
| 2004 | $4.43B | +42.7% | ||
| 2003 | $3.10B | +50.3% | ||
| 2002 | $2.06B | -19.0% | ||
| 2001 | $2.55B | -7.1% | ||
| 2000 | $2.75B | +167.5% | ||
| 1999 | $1.03B | +108.1% | ||
| 1998 | $493.00M | -59.5% | ||
| 1997 | $1.22B | +20.2% | ||
| 1996 | $1.01B | +0.7% | ||
| 1995 | $1.01B | +96.1% | ||
| 1994 | $513.00M | +38.6% | ||
| 1993 | $370.00M | +31.2% | ||
| 1992 | $282.00M | -60.4% | ||
| 1991 | $713.00M | -39.0% | ||
| 1990 | $1.17B | -0.2% | ||
| 1989 | $1.17B | +12.5% | ||
| 1988 | $1.04B | +1.2% | ||
| 1987 | $1.03B | +26.4% | ||
| 1986 | $813.90M | -21.6% | ||
| 1985 | $1.04B | — |
Operating 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 operating income of $3.72B – plunged 37.6% year-over-year.
Across 2015–2025 (10 years), Occidental Petroleum operating income produced a CAGR of +22.7% – with the latest reading among the more recent periods of the dataset.
Between 2022 and 2025, Occidental Petroleum operating income plunged 72.0%, falling from $13.28B to $3.72B.
2022 marks the peak operating income at $13.28B, with the historical low of -$1.93B recorded in 2020.
Occidental Petroleum (OXY) sits 9th of 8 Energy peers we track on this metric, against a peer median of $9.44B.
Occidental Petroleum Operating Income by Year
Occidental Petroleum Operating Income 2025: $3.72B
Occidental Petroleum operating income in 2025 was $3.72B, plunged 37.6% below 2024.
Occidental Petroleum Operating Income 2024: $5.97B
Occidental Petroleum operating income in 2024 was $5.97B, declined 8.0% below 2023.
Occidental Petroleum Operating Income 2023: $6.49B
Occidental Petroleum operating income in 2023 was $6.49B, plunged 51.2% below 2022.
Occidental Petroleum Operating Income 2022: $13.28B
Occidental Petroleum operating income in 2022 was $13.28B, surged 184.4% from 2021. This figure represents the highest annual value in the available history.
Occidental Petroleum Operating Income 2021: $4.67B
Occidental Petroleum operating income in 2021 was $4.67B.
See more financial history for Occidental Petroleum (OXY).
Sector peers — Operating Income
Companies in the same sector as Occidental Petroleum, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| ConocoPhillips (COP) | $11.49B | Energy |
| Enbridge Inc. (ENB) | $10.96B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is Occidental Petroleum's operating income?
- Latest reported operating income for Occidental Petroleum (OXY) is $4.08B (period ending December 31, 2025).
How has Occidental Petroleum operating income changed year-over-year?
- Occidental Petroleum (OXY) operating income changed -37.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Occidental Petroleum operating income?
- Occidental Petroleum (OXY) operating income compound annual growth rate is +22.7% over the most recent 10 years available.
When did Occidental Petroleum operating income hit its highest annual value?
- Occidental Petroleum operating income reached its highest annual value of $13.28B in 2022.
What was Occidental Petroleum operating income in 2024?
- Occidental Petroleum (OXY) operating income in 2024 was $5.97B.
What was Occidental Petroleum operating income in 2025?
- Occidental Petroleum (OXY) operating income in 2025 was $3.72B.
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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