TTM
12.4%
YoY change
−4.78pp
Trough year (2020)
-11.3%
Peak year (2008)
49.2%
Latest annual
17.2%
Operating Margin history chart for Occidental Petroleum (OXY) from 1985 to 2025
Latest: 17.2%
Operating Margin change chart for Occidental Petroleum (OXY) from 1985 to 2025
Latest: −4.78pp
Operating Margin history table for Occidental Petroleum (OXY) from 1985 to 2025
| 2025 | 17.2% | -4.78pp | ||
| 2024 | 22.0% | -0.88pp | ||
| 2023 | 22.9% | -13.74pp | ||
| 2022 | 36.6% | +18.65pp | ||
| 2021 | 18.0% | +29.25pp | ||
| 2020 | -11.3% | -17.95pp | ||
| 2019 | 6.7% | -11.69pp | ||
| 2018 | 18.4% | +9.99pp | ||
| 2017 | 8.4% | +18.63pp | ||
| 2016 | -10.2% | -14.08pp | ||
| 2015 | 3.9% | -27.73pp | ||
| 2014 | 31.6% | -4.12pp | ||
| 2013 | 35.7% | -2.13pp | ||
| 2012 | 37.8% | -5.89pp | ||
| 2011 | 43.7% | +4.17pp | ||
| 2010 | 39.6% | +8.27pp | ||
| 2009 | 31.3% | -17.96pp | ||
| 2008 | 49.2% | +8.13pp | ||
| 2007 | 41.1% | -1.91pp | ||
| 2006 | 43.0% | +0.08pp | ||
| 2005 | 43.0% | +3.99pp | ||
| 2004 | 39.0% | +5.68pp | ||
| 2003 | 33.3% | +5.14pp | ||
| 2002 | 28.1% | +9.91pp | ||
| 2001 | 18.2% | -1.99pp | ||
| 2000 | 20.2% | +7.10pp | ||
| 1999 | 13.1% | +5.88pp | ||
| 1998 | 7.2% | -7.95pp | ||
| 1997 | 15.2% | +5.60pp | ||
| 1996 | 9.6% | -0.06pp | ||
| 1995 | 9.7% | +4.10pp | ||
| 1994 | 5.6% | +1.00pp | ||
| 1993 | 4.6% | +1.24pp | ||
| 1992 | 3.3% | -3.74pp | ||
| 1991 | 7.1% | +1.67pp | ||
| 1990 | 5.4% | -0.45pp | ||
| 1989 | 5.8% | +0.47pp | ||
| 1988 | 5.4% | -0.66pp | ||
| 1987 | 6.0% | +0.71pp | ||
| 1986 | 5.3% | -1.84pp | ||
| 1985 | 7.1% | — |
- 202517.2%-4.78pp
- 202422.0%-0.88pp
- 202322.9%-13.74pp
- 202236.6%+18.65pp
- 202118.0%+29.25pp
- 2020-11.3%-17.95pp
- 20196.7%-11.69pp
- 201818.4%+9.99pp
- 20178.4%+18.63pp
- 2016-10.2%-14.08pp
- 20153.9%-27.73pp
- 201431.6%-4.12pp
- 201335.7%-2.13pp
- 201237.8%-5.89pp
- 201143.7%+4.17pp
- 201039.6%+8.27pp
- 200931.3%-17.96pp
- 200849.2%+8.13pp
- 200741.1%-1.91pp
- 200643.0%+0.08pp
- 200543.0%+3.99pp
- 200439.0%+5.68pp
- 200333.3%+5.14pp
- 200228.1%+9.91pp
- 200118.2%-1.99pp
- 200020.2%+7.10pp
- 199913.1%+5.88pp
- 19987.2%-7.95pp
- 199715.2%+5.60pp
- 19969.6%-0.06pp
- 19959.7%+4.10pp
- 19945.6%+1.00pp
- 19934.6%+1.24pp
- 19923.3%-3.74pp
- 19917.1%+1.67pp
- 19905.4%-0.45pp
- 19895.8%+0.47pp
- 19885.4%-0.66pp
- 19876.0%+0.71pp
- 19865.3%-1.84pp
- 19857.1%—
Operating 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 Operating Margin at Occidental Petroleum (OXY)
According to Occidental Petroleum's latest reported financial statements, the company's latest reported operating margin is 12.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
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 operating margin of 17.24% – contracted 4.8 percentage points year-over-year.
Across the available history, operating margin reached its high of 49.25% in 2008 and its low of -11.26% in 2020.
Occidental Petroleum Operating Margin by Year
Occidental Petroleum Operating Margin 2025: 17.2%
Occidental Petroleum operating margin in 2025 was 17.24%, contracted 4.8 percentage points from 2024.
Occidental Petroleum Operating Margin 2024: 22.0%
2024's operating margin for Occidental Petroleum came in at 22.02%, contracted 0.9 percentage points from 2023.
Occidental Petroleum Operating Margin 2023: 22.9%
Occidental Petroleum posted operating margin of 22.90% in 2023, contracted 13.7 percentage points from 2022.
Occidental Petroleum Operating Margin 2022: 36.6%
In 2022, Occidental Petroleum reported operating margin of 36.64%, expanded 18.7 percentage points from 2021.
Occidental Petroleum Operating Margin 2021: 18.0%
Occidental Petroleum operating margin in 2021 was 17.99%.
See more financial history for Occidental Petroleum (OXY).
Sector peers by Operating Margin
Energy peers of Occidental Petroleum (OXY), ranked by their latest operating margin
| 38.8% | |
| 18.3% | |
| 15.8% | |
| 14.4% | |
| 9.0% | |
| 8.4% | |
| 5.0% | |
| 4.6% |
- 18.3%
- 15.8%
- 14.4%
- 8.4%
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