NYSE : OXY
Occidental Petroleum Corporation — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 64 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 63.98B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Occidental Petroleum Corporation (OXY) reported revenue of 23.93B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 23.93B | 21.59B | 22.02B | 23.16B | 36.63B | 25.96B |
| Cost of Revenue | 6.38B | 6.52B | 6.78B | 8.27B | 12.06B | 9.66B |
| Gross Profit | 17.54B | 15.08B | 15.24B | 14.88B | 24.57B | 16.30B |
| Selling, General & Admin | 995.00M | 986.00M | 960.00M | 987.00M | 945.00M | 863.00M |
| Other Operating Expenses | 2.57B | 2.59B | 2.36B | 2.25B | 2.82B | 2.07B |
| Operating Expenses | 11.37B | 11.35B | 10.88B | 10.31B | 10.91B | 11.91B |
| Operating Income | 6.17B | 3.72B | 4.36B | 4.57B | 13.66B | 4.38B |
| Interest Expense | -1.04B | -1.08B | -1.17B | -957.00M | -713.00M | -1.49B |
| Interest & Investment Income | 281.00M | 219.00M | 192.00M | 153.00M | 153.00M | 166.00M |
| Earnings From Equity Investments | 236.00M | 76.00M | 759.00M | 426.00M | 793.00M | 631.00M |
| Other Non Operating Income (Expenses) | -60.00M | -60.00M | -22.00M | |||
| EBT Excluding Unusual Items | 5.59B | 2.88B | 4.12B | 4.20B | 13.90B | 3.69B |
| Merger & Restructuring Charges | -1.00M | -13.00M | -84.00M | -26.00M | -89.00M | -153.00M |
| Gain (Loss) on Sale of Investments | -29.00M | |||||
| Gain (Loss) on Sale of Assets | 265.00M | 263.00M | -16.00M | 522.00M | 308.00M | 192.00M |
| Asset Writedown | -158.00M | -22.00M | ||||
| Pretax Income | 5.70B | 3.13B | 4.02B | 4.66B | 14.12B | 3.71B |
| Income Tax Expense | 1.52B | 1.02B | 1.16B | 1.33B | 813.00M | 915.00M |
| Earnings From Continuing Operations | 4.17B | 2.11B | 2.87B | 3.33B | 13.30B | 2.79B |
| Earnings From Discontinued Operations | 3.14B | 262.00M | 212.00M | 1.36B | -468.00M | |
| Net Income to Company | 7.31B | 2.37B | 3.08B | 4.70B | 13.30B | 2.32B |
| Minority Interest in Earnings | -57.00M | -43.00M | -22.00M | |||
| Net Income | 7.25B | 2.33B | 3.06B | 4.70B | 13.30B | 2.32B |
| Preferred Dividends & Other Adjustments | 719.00M | 714.00M | 692.00M | 946.00M | 883.00M | 810.00M |
| Net Income to Common | 6.54B | 1.61B | 2.36B | 3.75B | 12.42B | 1.51B |
| Shares Outstanding (Basic) | 990.60M | 975.50M | 911.80M | 889.20M | 926.20M | 935.00M |
| Shares Outstanding (Diluted) | 1.01B | 1.00B | 967.10M | 960.90M | 1.00B | 958.80M |
| EPS (Basic) | 6.60 | 1.65 | 2.59 | 4.22 | 13.41 | 1.62 |
| EPS (Diluted) | 6.51 | 1.61 | 2.45 | 3.90 | 12.40 | 1.57 |
| Free Cash Flow | 4.53B | 3.83B | 5.18B | 6.25B | 11.67B | 7.56B |
| Free Cash Flow Per Share | 4.50 | 3.83 | 5.35 | 6.50 | 11.65 | 7.89 |
| Dividend Per Share | 1.00 | 0.96 | 0.88 | 0.72 | 0.52 | 0.04 |
| Gross Margin | 73.32% | 69.82% | 69.22% | 64.27% | 67.07% | 62.79% |
| Operating Margin | 25.79% | 17.24% | 19.82% | 19.75% | 37.30% | 16.89% |
| Profit Margin | 27.31% | 7.46% | 10.74% | 16.20% | 33.91% | 5.83% |
| Free Cash Flow Margin | 18.92% | 17.71% | 23.51% | 26.98% | 31.86% | 29.14% |
| EBITDA | 13.72B | 11.26B | 11.65B | 11.20B | 20.59B | 13.11B |
| EBITDA Margin | 57.34% | 52.12% | 52.90% | 48.38% | 56.21% | 50.52% |
| D&A For EBITDA | 7.55B | 7.53B | 7.29B | 6.63B | 6.93B | 8.73B |
| EBIT | 6.17B | 3.72B | 4.36B | 4.57B | 13.66B | 4.38B |
| EBIT Margin | 25.79% | 17.24% | 19.82% | 19.75% | 37.30% | 16.89% |
| Effective Tax Rate | 26.70% | 32.64% | 28.78% | 28.53% | 5.76% | 24.70% |
| Revenue as Reported | 24.47B | 22.07B | 22.20B | 23.83B | 37.09B | 26.31B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.15B | 1.97B | 2.12B | 1.43B | 984.00M | 2.76B |
| Cash & Short-Term Investments | 4.15B | 1.97B | 2.12B | 1.43B | 984.00M | 2.76B |
| Accounts Receivable | 3.14B | 2.58B | 2.84B | 3.19B | 4.28B | 4.21B |
| Other Receivables | 902.00M | 738.00M | 750.00M | 981.00M | 280.00M | 105.00M |
| Receivables | 4.04B | 3.31B | 3.59B | 4.18B | 4.56B | 4.31B |
| Inventory | 2.19B | 1.82B | 1.76B | 2.02B | 2.06B | 1.85B |
| Restricted Cash | 19.00M | |||||
| Other Current Assets | 734.00M | 1.72B | 1.60B | 751.00M | 1.28B | 1.29B |
| Total Current Assets | 11.13B | 8.83B | 9.07B | 8.38B | 8.89B | 10.21B |
| Property, Plant & Equipment | 63.43B | 64.55B | 66.62B | 59.66B | 59.29B | 60.66B |
| Long-Term Investments | 2.57B | 2.48B | 2.65B | 3.22B | 3.18B | 2.94B |
| Goodwill | 668.00M | |||||
| Other Intangible Assets | 954.00M | |||||
| Long-Term Deferred Tax Assets | 17.00M | 20.00M | 26.00M | 30.00M | 37.00M | |
| Other Long-Term Assets | 3.23B | 6.69B | 7.09B | 2.72B | 1.23B | 1.19B |
| Total Assets | 80.36B | 84.19B | 85.44B | 74.01B | 72.61B | 75.04B |
| Accounts Payable | 3.57B | 3.29B | 3.47B | 3.65B | 4.03B | 3.90B |
| Accrued Expenses | 2.02B | 2.32B | 2.31B | 3.33B | 2.78B | 3.05B |
| Current Portion of Long-Term Debt | 1.00M | 1.57B | 1.00B | 1.06B | 22.00M | 416.00M |
| Current Portion of Leases | 580.00M | 548.00M | 469.00M | 592.00M | 416.00M | 271.00M |
| Current Income Taxes Payable | 849.00M | 159.00M | 471.00M | |||
| Other Current Liabilities | 873.00M | 1.54B | 1.80B | 522.00M | 512.00M | 686.00M |
| Total Current Liabilities | 7.89B | 9.43B | 9.52B | 9.15B | 7.76B | 8.32B |
| Long-Term Debt | 12.80B | 19.82B | 24.32B | 17.95B | 19.12B | 29.36B |
| Long-Term Leases | 1.25B | 1.41B | 1.13B | 1.32B | 1.20B | 1.09B |
| Pension & Post-Retirement Benefits | 937.00M | 985.00M | 1.02B | 931.00M | 1.05B | 1.54B |
| Long-Term Deferred Tax Liabilities | 5.67B | 5.64B | 5.39B | 5.76B | 5.51B | 7.04B |
| Other Long-Term Liabilities | 9.43B | 10.31B | 9.58B | 8.55B | 7.87B | 7.35B |
| Total Liabilities | 37.98B | 47.59B | 50.97B | 43.66B | 42.52B | 54.71B |
| Common Stock | 246.00M | 243.00M | 233.00M | 222.00M | 220.00M | 217.00M |
| Additional Paid-In Capital | 21.39B | 21.01B | 19.87B | 17.42B | 17.18B | 16.75B |
| Retained Earnings | 27.35B | 21.89B | 21.19B | 19.63B | 16.50B | 4.48B |
| Treasury Stock | -15.71B | -15.60B | -15.60B | -15.58B | -13.77B | -10.67B |
| Comprehensive Income & Other | 191.00M | 202.00M | 179.00M | 275.00M | 195.00M | -208.00M |
| Total Common Equity | 33.46B | 27.75B | 25.87B | 21.96B | 20.32B | 10.56B |
| Minority Interest | 635.00M | 564.00M | 321.00M | 99.00M | ||
| Shareholders' Equity | 42.38B | 36.60B | 34.48B | 30.35B | 30.09B | 20.33B |
| Total Liabilities & Equity | 80.36B | 84.19B | 85.44B | 74.01B | 72.61B | 75.04B |
| Total Debt | 14.63B | 23.35B | 26.92B | 20.91B | 20.77B | 31.14B |
| Net Cash (Debt) | -10.48B | -21.38B | -24.80B | -19.48B | -19.78B | -28.38B |
| Net Cash Per Share | -10.41 | -21.38 | -25.64 | -20.28 | -19.74 | -29.59 |
| Filing Date Shares Outstanding | 999.64M | 986.27M | 938.50M | 879.50M | 900.07M | 934.06M |
| Total Common Shares Outstanding | 999.71M | 986.03M | 938.46M | 879.46M | 899.86M | 934.07M |
| Working Capital | 3.24B | -601.00M | -451.00M | -773.00M | 1.13B | 1.89B |
| Book Value Per Share | 33.47 | 28.14 | 27.57 | 24.97 | 22.58 | 11.31 |
| Tangible Book Value | 33.46B | 26.12B | 25.87B | 21.96B | 20.32B | 10.56B |
| Tangible Book Value Per Share | 33.47 | 26.50 | 27.57 | 24.97 | 22.58 | 11.31 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 7.25B | 2.33B | 3.06B | 4.70B | 13.30B | 2.32B |
| Depreciation & Amortization | 7.55B | 7.53B | 7.29B | 6.63B | 6.93B | 8.73B |
| Loss (Gain) From Sale of Assets | -265.00M | -263.00M | 60.00M | -522.00M | -308.00M | -192.00M |
| Asset Writedown & Restructuring Costs | 126.00M | 21.00M | 21.00M | 22.00M | ||
| Loss (Gain) From Sale of Investments | 29.00M | |||||
| Loss (Gain) on Equity Investments | 619.00M | 619.00M | -83.00M | 141.00M | -219.00M | -70.00M |
| Other Operating Activities | -1.93B | 437.00M | 105.00M | -878.00M | -1.57B | 868.00M |
| Change in Accounts Receivable | -435.00M | 252.00M | -116.00M | 931.00M | -97.00M | -2.09B |
| Change in Inventory | -608.00M | 12.00M | -27.00M | -84.00M | -230.00M | -86.00M |
| Change in Accounts Payable | -620.00M | -964.00M | -540.00M | -423.00M | -478.00M | 865.00M |
| Change in Income Taxes | -109.00M | -305.00M | 472.00M | 66.00M | -185.00M | |
| Change in Other Net Operating Assets | -260.00M | -62.00M | 286.00M | -350.00M | -335.00M | -119.00M |
| Operating Cash Flow | 10.98B | 10.53B | 11.44B | 12.31B | 16.81B | 10.43B |
| Capital Expenditures | -6.45B | -6.71B | -6.26B | -6.06B | -5.14B | -2.87B |
| Sale of Property, Plant & Equipment | 899.00M | 2.28B | 976.00M | 319.00M | 334.00M | 1.62B |
| Cash Acquisitions | -9.12B | -349.00M | -350.00M | -431.00M | ||
| Investment in Securities | -301.00M | -286.00M | 483.00M | -351.00M | 134.00M | 406.00M |
| Other Investing Activities | 8.85B | -1.08B | -669.00M | -539.00M | 147.00M | 18.00M |
| Investing Cash Flow | 3.00B | -5.80B | -14.59B | -6.98B | -4.87B | -1.25B |
| Long-Term Debt Issued | 9.61B | |||||
| Long-Term Debt Repaid | -3.75B | -4.51B | -22.00M | -9.48B | -6.83B | |
| Net Debt Issued (Repaid) | -10.17B | -3.75B | 5.10B | -22.00M | -9.48B | -6.83B |
| Issuance of Common Stock | 330.00M | 966.00M | 584.00M | 135.00M | 293.00M | 31.00M |
| Repurchase of Common Stock | -117.00M | -27.00M | -1.80B | -3.10B | -8.00M | |
| Dividends Paid | -1.66B | -1.59B | -1.45B | -1.36B | -1.18B | -839.00M |
| Other Financing Activities | -534.00M | -462.00M | -365.00M | -179.00M | -241.00M | -922.00M |
| Financing Cash Flow | -12.14B | -4.84B | 3.84B | -4.89B | -13.71B | -8.57B |
| Net Cash Flow | 1.83B | -111.00M | 693.00M | 438.00M | -1.78B | 609.00M |
| Free Cash Flow | 4.53B | 3.83B | 5.18B | 6.25B | 11.67B | 7.56B |
| Free Cash Flow Margin | 18.92% | 17.71% | 23.51% | 26.98% | 31.86% | 29.14% |
| Free Cash Flow Per Share | 4.50 | 3.83 | 5.35 | 6.50 | 11.65 | 7.89 |
| Levered Free Cash Flow | 3.79B | 2.05B | 3.78B | 4.17B | 9.37B | 8.58B |
| Unlevered Free Cash Flow | 4.44B | 2.73B | 4.52B | 4.76B | 9.81B | 9.51B |
| Cash Interest Paid | 1.09B | 1.25B | 1.05B | 1.02B | 1.43B | 1.69B |
| Cash Income Tax Paid | 875.00M | 1.24B | 1.04B | 1.04B | 2.10B | 693.00M |
| Change in Working Capital | -2.03B | -1.07B | 75.00M | 140.00M | -1.32B | -1.43B |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 61.31B | 40.51B | 46.36B | 52.40B | 57.06B | 27.08B |
| Enterprise Value | 71.78B | 70.02B | 80.80B | 80.79B | 87.26B | 68.06B |
| Last Close Price | 64.00 | 40.55 | 47.68 | 56.70 | 59.11 | 26.98 |
| PE Ratio | 9.42 | 25.13 | 19.61 | 13.97 | 4.59 | 17.91 |
| Forward PE | 10.06 | 22.58 | 16.05 | 13.33 | 8.36 | 8.70 |
| PS Ratio | 2.67 | 1.88 | 2.11 | 2.26 | 1.56 | 1.04 |
| PB Ratio | 1.91 | 1.11 | 1.34 | 1.73 | 1.90 | 1.33 |
| P/TBV Ratio | 1.91 | 1.55 | 1.79 | 2.39 | 2.81 | 2.56 |
| P/FCF Ratio | 14.13 | 10.59 | 8.96 | 8.39 | 4.89 | 3.58 |
| P/OCF Ratio | 5.83 | 3.85 | 4.05 | 4.26 | 3.39 | 2.60 |
| PEG Ratio | 0.60 | 1.93 | 1.26 | 7.27 | 0.34 | 19.58 |
| EV/Sales Ratio | 3.11 | 3.24 | 3.67 | 3.49 | 2.38 | 2.62 |
| EV/EBITDA Ratio | 5.43 | 6.22 | 6.94 | 7.21 | 4.24 | 5.19 |
| EV/EBIT Ratio | 12.06 | 18.81 | 18.52 | 17.67 | 6.38 | 15.53 |
| EV/FCF Ratio | 16.45 | 18.31 | 15.61 | 12.93 | 7.47 | 9.00 |
| Debt / Equity Ratio | 0.34 | 0.64 | 0.78 | 0.69 | 0.69 | 1.53 |
| Debt / EBITDA Ratio | 1.00 | 1.93 | 2.16 | 1.73 | 0.98 | 2.27 |
| Debt / FCF Ratio | 3.23 | 6.11 | 5.20 | 3.35 | 1.78 | 4.12 |
| Net Debt / Equity Ratio | 0.25 | 0.58 | 0.72 | 0.64 | 0.66 | 1.40 |
| Net Debt / EBITDA Ratio | 0.76 | 1.90 | 2.13 | 1.74 | 0.96 | 2.16 |
| Net Debt / FCF Ratio | 2.31 | 5.59 | 4.79 | 3.12 | 1.70 | 3.75 |
| Asset Turnover | 0.29 | 0.26 | 0.28 | 0.32 | 0.50 | 0.34 |
| Inventory Turnover | 3.15 | 3.64 | 3.59 | 4.05 | 6.18 | 5.16 |
| Quick Ratio | 1.04 | 0.56 | 0.60 | 0.61 | 0.71 | 0.85 |
| Current Ratio | 1.41 | 0.94 | 0.95 | 0.92 | 1.15 | 1.23 |
| Return on Equity (ROE) | 10.63% | 5.93% | 8.84% | 11.03% | 52.78% | 14.34% |
| Return on Assets (ROA) | 4.68% | 2.74% | 3.42% | 3.90% | 11.57% | 3.53% |
| Return on Invested Capital (ROIC) | 8.60% | 4.28% | 5.70% | 6.56% | 26.13% | 6.33% |
| Return on Capital Employed (ROCE) | 8.50% | 5.00% | 5.70% | 7.10% | 21.10% | 6.60% |
| Earnings Yield | 10.62% | 5.74% | 6.59% | 8.96% | 23.32% | 8.58% |
| FCF Yield | 7.08% | 9.44% | 11.16% | 11.92% | 20.46% | 27.94% |
| Dividend Yield | 1.83% | 2.34% | 1.78% | 1.21% | 0.82% | 0.14% |
| Payout Ratio | 17.19% | 68.53% | 47.32% | 29.07% | 8.90% | 36.13% |
| Buyback Yield / Dilution | -1.82% | -3.41% | -0.65% | 4.10% | -4.51% | -4.37% |
| Total Shareholder Return | -0.07% | -1.07% | 1.14% | 5.31% | -3.69% | -4.23% |