Occidental Petroleum Corporation (OXY) 10-Year Financial Performance & Capital Metrics

OXY •

EnergyOil & Gas E&PLarge diversified global upstream producers

AboutOccidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.Show more

Revenue $21.59B -20.3%
EBITDA $11.36B -15.5%
Net Income $2.37B -22.1%
EPS (Diluted) 1.61 -34.0%
Gross Margin 33.78% -5.1%
EBITDA Margin 52.63% +6.1%
Operating Margin 17.24% -21.7%
Net Margin 10.97% -2.3%
ROE 6.67% -29.0%
ROIC 5.82% -28.9%
Debt/Equity 0.05 -93.8%
Interest Coverage 4.14 -18.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 19.0% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 3.0%
✓Healthy 5Y average net margin of 16.8%
✓Trading near 52-week high

✗Weaknesses

✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.64%

5Y4.73%

3Y-15.86%

TTM-7.88%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-43.62%

TTM-24.59%

EPS CAGR

10Y-

5Y-

3Y-49.36%

TTM-34.24%

ROCE

10Y Avg5.82%

5Y Avg10.07%

3Y Avg7.81%

Latest4.94%

Peer Comparison

Large diversified global upstream producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
OXYOccidental Petroleum Corporation	52.29B	53.08	32.97	-20.32%	9.19%	6.27%	7.85%	0.05
COPConocoPhillips	139.01B	113.46	17.90	9.26%	13.29%	12.3%	12.07%	0.36
WDSWoodside Energy Group Ltd	38.93B	20.48	14.42	-1.48%	24.06%	15.79%		0.34
CTRACoterra Energy Inc.	23.21B	30.59	13.60	-49.62%	62.41%	10%	17.33%	0.01
APAAPA Corporation	10.77B	30.37	7.61	-8.39%	16.08%	11.92%	16.52%	0.36

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Sales/Revenue+	10.09B	12.46B	15.57B	19.21B	17.14B	25.96B	36.25B	28.33B	27.1B	21.59B
Revenue Growth %	-19.11%	23.44%	24.96%	23.4%	-10.8%	51.49%	39.64%	-21.85%	-4.35%	-20.32%
Cost of Goods Sold+	9.52B	9.68B	10.65B	14.77B	16.7B	18.36B	19.2B	18.59B	17.45B	14.3B
COGS % of Revenue	94.3%	77.67%	68.43%	76.89%	97.43%	70.71%	52.97%	65.61%	64.39%	66.22%
Gross Profit+	575M	2.78B	4.92B	4.44B	441M	7.6B	17.05B	9.74B	9.65B	7.29B
Gross Margin %	5.7%	22.33%	31.57%	23.11%	2.57%	29.29%	47.03%	34.39%	35.61%	33.78%
Gross Profit Growth %	-72.54%	383.83%	76.67%	-9.66%	-90.07%	1624.26%	124.2%	-42.86%	-0.95%	-24.41%
Operating Expenses+	1.61B	1.74B	2.05B	3.15B	2.37B	2.93B	3.76B	3.25B	3.68B	3.57B
OpEx % of Revenue	15.92%	13.92%	13.18%	16.42%	13.83%	11.3%	10.38%	11.49%	13.59%	16.54%
Selling, General & Admin	1.33B	1.42B	1.61B	882M	864M	863M	945M	1.08B	1.06B	986M
SG&A % of Revenue	13.18%	11.43%	10.36%	4.59%	5.04%	3.32%	2.61%	3.82%	3.92%	4.57%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	277M	311M	1.47B	2.27B	1.51B	2.07B	2.82B	2.17B	2.62B	2.59B
Operating Income+	-1.03B	1.05B	2.86B	1.29B	-1.93B	4.67B	13.28B	6.49B	5.97B	3.72B
Operating Margin %	-10.22%	8.4%	18.39%	6.69%	-11.26%	17.99%	36.64%	22.9%	22.02%	17.24%
Operating Income Growth %	-314.55%	201.45%	173.45%	-55.08%	-250%	342.15%	184.39%	-51.16%	-8.03%	-37.62%
EBITDA+	3.27B	5.1B	6.9B	7.51B	6.21B	13.24B	20.29B	13.65B	13.44B	11.36B
EBITDA Margin %	32.39%	40.93%	44.29%	39.11%	36.26%	51.01%	55.98%	48.19%	49.61%	52.63%
EBITDA Growth %	-35.07%	56.01%	35.22%	8.98%	-17.3%	113.08%	53.24%	-32.73%	-1.52%	-15.47%
D&A (Non-Cash Add-back)	4.3B	4.05B	4.03B	6.23B	8.14B	8.57B	7.01B	7.16B	7.48B	7.64B
EBIT	-1.55B	1.32B	6B	1.42B	-14.28B	5.32B	15.15B	7.37B	5.25B	3.72B
Net Interest Income+	-186M	-246M	-253M	-849M	-1.31B	-1.45B	-877M	-806M	-1B	-681M
Interest Income	106M	99M	136M	217M	118M	166M	153M	139M	171M	219M
Interest Expense	292M	345M	389M	1.07B	1.42B	1.61B	1.03B	945M	1.18B	900M
Other Income/Expense	-632M	281M	3.08B	-932M	-13.78B	-966M	833M	-59M	-1.9B	-594M
Pretax Income+	-1.66B	1.33B	5.94B	354M	-15.71B	3.71B	14.12B	6.43B	4.07B	3.13B
Pretax Margin %	-16.48%	10.66%	38.14%	1.84%	-91.64%	14.27%	38.94%	22.69%	15.02%	14.49%
Income Tax+	-662M	17M	1.48B	861M	-2.17B	915M	813M	1.73B	1.17B	1.02B
Effective Tax Rate %	34.5%	98.27%	69.27%	-188.42%	94.43%	62.4%	93.65%	72.69%	74.77%	75.74%
Net Income+	-574M	1.3B	4.11B	-667M	-14.83B	2.31B	13.22B	4.67B	3.04B	2.37B
Net Margin %	-5.69%	10.47%	26.42%	-3.47%	-86.54%	8.91%	36.47%	16.49%	11.23%	10.97%
Net Income Growth %	92.67%	327.35%	215.25%	-116.21%	-2123.54%	115.59%	471.84%	-64.65%	-34.88%	-22.15%
Net Income (Continuing)	-1.18B	1.31B	4.13B	-507M	-13.53B	2.79B	13.3B	4.7B	2.9B	2.11B
Discontinued Operations	428M	0	0	-15M	-1.3B	-468M	0	0	182M	262M
Minority Interest	0	0	0	0	0	0	0	99M	321M	564M
EPS (Diluted)+	-0.75	1.70	5.39	-1.22	-17.06	1.58	12.40	3.90	2.44	1.61
EPS Growth %	92.67%	326.67%	217.05%	-122.58%	-1302.04%	109.26%	684.81%	-68.55%	-37.44%	-34.02%
EPS (Basic)	-0.75	1.71	5.40	-1.22	-17.06	1.62	13.41	4.22	2.59	1.69
Diluted Shares Outstanding	763.8M	765.9M	763.3M	809.5M	918.7M	958.8M	1B	960.9M	967.1M	1B
Basic Shares Outstanding	763.8M	765.1M	761.7M	809.5M	918.7M	935M	926.2M	889.2M	911.8M	975.5M
Dividend Payout Ratio	-	179.77%	57.71%	-	-	36.29%	8.96%	29.21%	47.52%	67.29%

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Current Assets+	8.43B	8.27B	9.93B	14.63B	8.82B	10.21B	8.89B	8.38B	9.07B	8.83B
Cash & Short-Term Investments	2.23B	1.67B	3.03B	3.04B	2.01B	2.76B	984M	1.43B	2.13B	1.97B
Cash Only	2.23B	1.67B	3.03B	3.03B	2.01B	2.76B	984M	1.43B	2.13B	1.97B
Short-Term Investments	0	0	0	5M	0	0	0	0	0	0
Accounts Receivable	3.99B	4.14B	4.89B	4.23B	2.12B	4.21B	4.28B	4.1B	4.25B	3.26B
Days Sales Outstanding	144.24	121.42	114.7	80.41	45.04	59.16	43.1	52.78	57.19	55.09
Inventory	866M	1.25B	1.26B	1.58B	1.9B	1.85B	2.06B	2.02B	2.1B	0
Days Inventory Outstanding	33.21	46.99	43.16	39.06	41.49	36.7	39.13	39.7	43.82	-
Other Current Assets	1.34B	1.21B	746M	5.79B	2.8B	1.39B	1.56B	830M	597M	3.6B
Total Non-Current Assets+	34.68B	33.76B	33.92B	92.56B	71.25B	64.83B	63.72B	65.63B	76.38B	75.36B
Property, Plant & Equipment	32.34B	31.17B	31.44B	83.64B	66.95B	60.66B	59.29B	59.66B	70.31B	0
Fixed Asset Turnover	0.31x	0.40x	0.50x	0.23x	0.26x	0.43x	0.61x	0.47x	0.39x	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	1.4B	1.51B	1.68B	6.39B	3.25B	2.94B	3.18B	3.22B	3.16B	2.96B
Other Non-Current Assets	943M	1.07B	805M	2.53B	1.04B	1.23B	1.26B	2.75B	2.9B	72.4B
Total Assets+	43.11B	42.03B	43.85B	107.19B	80.06B	75.04B	72.61B	74.01B	85.44B	84.19B
Asset Turnover	0.23x	0.30x	0.36x	0.18x	0.21x	0.35x	0.50x	0.38x	0.32x	0.26x
Asset Growth %	-0.69%	-2.51%	4.35%	144.42%	-25.31%	-6.28%	-3.23%	1.93%	15.45%	-1.47%
Total Current Liabilities+	6.36B	7.4B	7.41B	12.71B	8.22B	8.32B	7.76B	9.15B	9.52B	9.43B
Accounts Payable	3.93B	4.41B	4.88B	4.91B	2.99B	3.9B	4.03B	3.65B	3.75B	3.29B
Days Payables Outstanding	150.54	166.25	167.34	121.3	65.3	77.52	76.57	71.59	78.5	83.85
Short-Term Debt	0	500M	116M	51M	398M	101M	22M	1.06B	1B	1.77B
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	5.96B	3.86B	0	0	1.57B	1.46B	3.83B
Current Ratio	1.32x	1.12x	1.34x	1.15x	1.07x	1.23x	1.15x	0.92x	0.95x	0.94x
Quick Ratio	1.19x	0.95x	1.17x	1.03x	0.84x	1.00x	0.88x	0.69x	0.73x	0.94x
Cash Conversion Cycle	26.91	2.17	-9.47	-1.83	21.24	18.34	5.66	20.9	22.51	-
Total Non-Current Liabilities+	15.25B	14.05B	15.11B	60.25B	53.27B	46.38B	34.77B	34.51B	41.44B	38.16B
Long-Term Debt	9.82B	9.33B	10.2B	38.54B	35.43B	28.93B	19.12B	17.95B	24.32B	20.43B
Capital Lease Obligations	0	0	0	872M	957M	1.09B	1.2B	1.32B	1.27B	1.41B
Deferred Tax Liabilities	1.13B	581M	0	9.72B	0	7.04B	5.51B	5.76B	5.39B	5.64B
Other Non-Current Liabilities	4.3B	4.14B	4.91B	11.13B	16.88B	9.33B	8.93B	9.48B	10.46B	10.69B
Total Liabilities	21.61B	21.45B	22.52B	72.96B	61.49B	54.71B	42.52B	43.66B	50.97B	47.59B
Total Debt+	9.82B	9.83B	10.32B	40.04B	37.3B	30.39B	20.77B	20.91B	27.1B	1.77B
Net Debt	7.59B	8.16B	7.28B	37.01B	35.29B	27.62B	19.78B	19.48B	24.97B	1.77B
Debt / Equity	0.46x	0.48x	0.48x	1.17x	2.01x	1.49x	0.69x	0.69x	0.79x	0.05x
Debt / EBITDA	3.00x	1.93x	1.50x	5.33x	6.00x	2.29x	1.02x	1.53x	2.02x	0.16x
Net Debt / EBITDA	2.32x	1.60x	1.06x	4.92x	5.68x	2.09x	0.97x	1.43x	1.86x	0.16x
Interest Coverage	-3.53x	3.03x	7.36x	1.21x	-1.35x	2.89x	12.90x	6.87x	5.08x	4.14x
Total Equity+	21.5B	20.57B	21.33B	34.23B	18.57B	20.33B	30.09B	30.35B	34.48B	36.6B
Equity Growth %	-11.72%	-4.3%	3.68%	60.49%	-45.74%	9.44%	48.01%	0.88%	13.61%	6.14%
Book Value per Share	28.14	26.86	27.94	42.29	20.22	21.20	30.02	31.58	35.65	36.59
Total Shareholders' Equity	21.5B	20.57B	21.33B	34.23B	18.57B	20.33B	30.09B	30.25B	34.16B	36.03B
Common Stock	178M	179M	179M	209M	216M	217M	220M	222M	233M	243M
Retained Earnings	22.98B	21.93B	23.75B	20.18B	3B	4.48B	16.5B	19.63B	21.19B	21.89B
Treasury Stock	-9.14B	-9.17B	-10.47B	-10.65B	-10.66B	-10.67B	-13.77B	-15.58B	-15.6B	-15.6B
Accumulated OCI	-266M	-258M	-172M	-221M	-288M	-208M	195M	275M	179M	202M
Minority Interest	0	0	0	0	0	0	0	99M	321M	564M

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	3.38B	4.86B	7.67B	7.38B	3.96B	10.43B	16.81B	12.31B	11.44B	10.53B
Operating CF Margin %	33.52%	39.01%	49.25%	38.38%	23.08%	40.19%	46.37%	43.44%	42.21%	48.78%
Operating CF Growth %	0.98%	43.65%	57.77%	-3.83%	-46.37%	163.82%	61.11%	-26.78%	-7.06%	-7.93%
Net Income	-574M	1.31B	4.13B	-522M	-14.83B	2.32B	13.3B	4.7B	3.1B	2.37B
Depreciation & Amortization	4.3B	4.05B	0	0	0	0	6.93B	0	7.71B	7.53B
Stock-Based Compensation	0	0	0	0	0	287M	0	0	228M	0
Deferred Taxes	-517M	-719M	371M	-1.03B	-2.52B	46M	-1.64B	57M	-461M	127M
Other Non-Cash Items	557M	709M	3.69B	7.9B	22.58B	9.21B	-451M	6.89B	845M	1.57B
Working Capital Changes	-383M	-493M	-521M	1.03B	-1.28B	-1.43B	-1.32B	660M	22M	-1.07B
Change in Receivables	-1.09B	-158M	955M	401M	2.41B	-865M	-97M	1.07B	-133M	252M
Change in Inventory	17M	-349M	0	78M	-484M	-86M	-230M	-91M	-46M	12M
Change in Payables	603M	43M	-1.5B	358M	-3.23B	865M	-478M	-549M	-661M	-964M
Cash from Investing+	-4.74B	-3.08B	-3.21B	-29.03B	-819M	-1.25B	-4.87B	-6.98B	-14.59B	-5.8B
Capital Expenditures	-2.72B	-3.6B	-4.97B	-6.64B	-2.54B	-2.87B	-4.5B	-6.27B	-7.02B	-6.43B
CapEx % of Revenue	26.92%	28.88%	31.95%	34.54%	14.79%	11.05%	12.4%	22.13%	25.9%	29.76%
Acquisitions	302M	1.4B	-928M	-28.09B	-114M	-25M	-406M	-265M	-7.46B	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-2.33B	-883M	2.7B	5.7B	1.83B	1.64B	1.02B	25M	96M	-1.37B
Cash from Financing+	-802M	-2.34B	-3.1B	22.19B	-4.52B	-8.57B	-13.71B	-4.89B	3.84B	-4.84B
Debt Issued (Net)	1.49B	0	478M	15.06B	-1.98B	-6.83B	-9.48B	-22M	5.1B	-3.75B
Equity Issued (Net)	1000K	1000K	-1000K	1000K	1000K	1000K	-1000K	-1000K	1000K	1000K
Dividends Paid	-2.31B	-2.35B	-2.37B	-2.62B	-1.84B	-839M	-1.18B	-1.36B	-1.45B	-1.59B
Share Repurchases	-22M	-25M	-1.25B	-237M	-12M	-8M	-3.1B	-3.46B	-27M	0
Other Financing	0	0	9M	-31M	-813M	-922M	-241M	-179M	-365M	-462M
Net Change in Cash	-2.16B	-561M	1.36B	541M	-1.38B	609M	-1.78B	438M	693M	-111M
Free Cash Flow+	553M	1.26B	2.69B	1.01B	1.42B	7.56B	12.46B	6.06B	4.42B	4.11B
FCF Margin %	5.48%	10.13%	17.3%	5.25%	8.29%	29.13%	34.37%	21.4%	16.31%	19.01%
FCF Growth %	128.79%	128.21%	113.47%	-62.58%	40.87%	432.68%	64.73%	-51.34%	-27.08%	-7.15%
FCF per Share	0.72	1.65	3.53	1.25	1.55	7.89	12.44	6.31	4.57	4.10
FCF Conversion (FCF/Net Income)	-5.90x	3.72x	1.86x	-11.06x	-0.27x	4.51x	1.27x	2.63x	3.76x	4.45x
Interest Paid	312M	351M	0	0	0	1.69B	1.43B	1.1B	0	0
Taxes Paid	300M	900M	0	1.94B	0	763M	2.18B	1.3B	1.2B	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-2.5%	6.2%	19.64%	-2.4%	-56.17%	11.89%	52.45%	15.46%	9.39%	6.67%
Return on Invested Capital (ROIC)	-2.64%	2.72%	7.49%	1.93%	-2.31%	6.88%	20.37%	9.76%	8.19%	5.82%
Gross Margin	5.7%	22.33%	31.57%	23.11%	2.57%	29.29%	47.03%	34.39%	35.61%	33.78%
Net Margin	-5.69%	10.47%	26.42%	-3.47%	-86.54%	8.91%	36.47%	16.49%	11.23%	10.97%
Debt / Equity	0.46x	0.48x	0.48x	1.17x	2.01x	1.49x	0.69x	0.69x	0.79x	0.05x
Interest Coverage	-3.53x	3.03x	7.36x	1.21x	-1.35x	2.89x	12.90x	6.87x	5.08x	4.14x
FCF Conversion	-5.90x	3.72x	1.86x	-11.06x	-0.27x	4.51x	1.27x	2.63x	3.76x	4.45x
Revenue Growth	-19.11%	23.44%	24.96%	23.4%	-10.8%	51.49%	39.64%	-21.85%	-4.35%	-20.32%

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Occidental Petroleum Corporation (OXY) 10-Year Financial Performance & Capital Metrics

OXY •

EnergyOil & Gas E&PLarge diversified global upstream producers

Revenue $21.59B -20.3%
EBITDA $11.36B -15.5%
Net Income $2.37B -22.1%
EPS (Diluted) 1.61 -34.0%
Gross Margin 33.78% -5.1%
EBITDA Margin 52.63% +6.1%
Operating Margin 17.24% -21.7%
Net Margin 10.97% -2.3%
ROE 6.67% -29.0%
ROIC 5.82% -28.9%
Debt/Equity 0.05 -93.8%
Interest Coverage 4.14 -18.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 19.0% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 3.0%
✓Healthy 5Y average net margin of 16.8%
✓Trading near 52-week high

✗Weaknesses

✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.64%

5Y4.73%

3Y-15.86%

TTM-7.88%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-43.62%

TTM-24.59%

EPS CAGR

10Y-

5Y-

3Y-49.36%

TTM-34.24%

ROCE

10Y Avg5.82%

5Y Avg10.07%

3Y Avg7.81%

Latest4.94%

Peer Comparison

Large diversified global upstream producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
OXYOccidental Petroleum Corporation	52.29B	53.08	32.97	-20.32%	9.19%	6.27%	7.85%	0.05
COPConocoPhillips	139.01B	113.46	17.90	9.26%	13.29%	12.3%	12.07%	0.36
WDSWoodside Energy Group Ltd	38.93B	20.48	14.42	-1.48%	24.06%	15.79%		0.34
CTRACoterra Energy Inc.	23.21B	30.59	13.60	-49.62%	62.41%	10%	17.33%	0.01
APAAPA Corporation	10.77B	30.37	7.61	-8.39%	16.08%	11.92%	16.52%	0.36

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Sales/Revenue+	10.09B	12.46B	15.57B	19.21B	17.14B	25.96B	36.25B	28.33B	27.1B	21.59B
Revenue Growth %	-19.11%	23.44%	24.96%	23.4%	-10.8%	51.49%	39.64%	-21.85%	-4.35%	-20.32%
Cost of Goods Sold+	9.52B	9.68B	10.65B	14.77B	16.7B	18.36B	19.2B	18.59B	17.45B	14.3B
COGS % of Revenue	94.3%	77.67%	68.43%	76.89%	97.43%	70.71%	52.97%	65.61%	64.39%	66.22%
Gross Profit+	575M	2.78B	4.92B	4.44B	441M	7.6B	17.05B	9.74B	9.65B	7.29B
Gross Margin %	5.7%	22.33%	31.57%	23.11%	2.57%	29.29%	47.03%	34.39%	35.61%	33.78%
Gross Profit Growth %	-72.54%	383.83%	76.67%	-9.66%	-90.07%	1624.26%	124.2%	-42.86%	-0.95%	-24.41%
Operating Expenses+	1.61B	1.74B	2.05B	3.15B	2.37B	2.93B	3.76B	3.25B	3.68B	3.57B
OpEx % of Revenue	15.92%	13.92%	13.18%	16.42%	13.83%	11.3%	10.38%	11.49%	13.59%	16.54%
Selling, General & Admin	1.33B	1.42B	1.61B	882M	864M	863M	945M	1.08B	1.06B	986M
SG&A % of Revenue	13.18%	11.43%	10.36%	4.59%	5.04%	3.32%	2.61%	3.82%	3.92%	4.57%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	277M	311M	1.47B	2.27B	1.51B	2.07B	2.82B	2.17B	2.62B	2.59B
Operating Income+	-1.03B	1.05B	2.86B	1.29B	-1.93B	4.67B	13.28B	6.49B	5.97B	3.72B
Operating Margin %	-10.22%	8.4%	18.39%	6.69%	-11.26%	17.99%	36.64%	22.9%	22.02%	17.24%
Operating Income Growth %	-314.55%	201.45%	173.45%	-55.08%	-250%	342.15%	184.39%	-51.16%	-8.03%	-37.62%
EBITDA+	3.27B	5.1B	6.9B	7.51B	6.21B	13.24B	20.29B	13.65B	13.44B	11.36B
EBITDA Margin %	32.39%	40.93%	44.29%	39.11%	36.26%	51.01%	55.98%	48.19%	49.61%	52.63%
EBITDA Growth %	-35.07%	56.01%	35.22%	8.98%	-17.3%	113.08%	53.24%	-32.73%	-1.52%	-15.47%
D&A (Non-Cash Add-back)	4.3B	4.05B	4.03B	6.23B	8.14B	8.57B	7.01B	7.16B	7.48B	7.64B
EBIT	-1.55B	1.32B	6B	1.42B	-14.28B	5.32B	15.15B	7.37B	5.25B	3.72B
Net Interest Income+	-186M	-246M	-253M	-849M	-1.31B	-1.45B	-877M	-806M	-1B	-681M
Interest Income	106M	99M	136M	217M	118M	166M	153M	139M	171M	219M
Interest Expense	292M	345M	389M	1.07B	1.42B	1.61B	1.03B	945M	1.18B	900M
Other Income/Expense	-632M	281M	3.08B	-932M	-13.78B	-966M	833M	-59M	-1.9B	-594M
Pretax Income+	-1.66B	1.33B	5.94B	354M	-15.71B	3.71B	14.12B	6.43B	4.07B	3.13B
Pretax Margin %	-16.48%	10.66%	38.14%	1.84%	-91.64%	14.27%	38.94%	22.69%	15.02%	14.49%
Income Tax+	-662M	17M	1.48B	861M	-2.17B	915M	813M	1.73B	1.17B	1.02B
Effective Tax Rate %	34.5%	98.27%	69.27%	-188.42%	94.43%	62.4%	93.65%	72.69%	74.77%	75.74%
Net Income+	-574M	1.3B	4.11B	-667M	-14.83B	2.31B	13.22B	4.67B	3.04B	2.37B
Net Margin %	-5.69%	10.47%	26.42%	-3.47%	-86.54%	8.91%	36.47%	16.49%	11.23%	10.97%
Net Income Growth %	92.67%	327.35%	215.25%	-116.21%	-2123.54%	115.59%	471.84%	-64.65%	-34.88%	-22.15%
Net Income (Continuing)	-1.18B	1.31B	4.13B	-507M	-13.53B	2.79B	13.3B	4.7B	2.9B	2.11B
Discontinued Operations	428M	0	0	-15M	-1.3B	-468M	0	0	182M	262M
Minority Interest	0	0	0	0	0	0	0	99M	321M	564M
EPS (Diluted)+	-0.75	1.70	5.39	-1.22	-17.06	1.58	12.40	3.90	2.44	1.61
EPS Growth %	92.67%	326.67%	217.05%	-122.58%	-1302.04%	109.26%	684.81%	-68.55%	-37.44%	-34.02%
EPS (Basic)	-0.75	1.71	5.40	-1.22	-17.06	1.62	13.41	4.22	2.59	1.69
Diluted Shares Outstanding	763.8M	765.9M	763.3M	809.5M	918.7M	958.8M	1B	960.9M	967.1M	1B
Basic Shares Outstanding	763.8M	765.1M	761.7M	809.5M	918.7M	935M	926.2M	889.2M	911.8M	975.5M
Dividend Payout Ratio	-	179.77%	57.71%	-	-	36.29%	8.96%	29.21%	47.52%	67.29%

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Current Assets+	8.43B	8.27B	9.93B	14.63B	8.82B	10.21B	8.89B	8.38B	9.07B	8.83B
Cash & Short-Term Investments	2.23B	1.67B	3.03B	3.04B	2.01B	2.76B	984M	1.43B	2.13B	1.97B
Cash Only	2.23B	1.67B	3.03B	3.03B	2.01B	2.76B	984M	1.43B	2.13B	1.97B
Short-Term Investments	0	0	0	5M	0	0	0	0	0	0
Accounts Receivable	3.99B	4.14B	4.89B	4.23B	2.12B	4.21B	4.28B	4.1B	4.25B	3.26B
Days Sales Outstanding	144.24	121.42	114.7	80.41	45.04	59.16	43.1	52.78	57.19	55.09
Inventory	866M	1.25B	1.26B	1.58B	1.9B	1.85B	2.06B	2.02B	2.1B	0
Days Inventory Outstanding	33.21	46.99	43.16	39.06	41.49	36.7	39.13	39.7	43.82	-
Other Current Assets	1.34B	1.21B	746M	5.79B	2.8B	1.39B	1.56B	830M	597M	3.6B
Total Non-Current Assets+	34.68B	33.76B	33.92B	92.56B	71.25B	64.83B	63.72B	65.63B	76.38B	75.36B
Property, Plant & Equipment	32.34B	31.17B	31.44B	83.64B	66.95B	60.66B	59.29B	59.66B	70.31B	0
Fixed Asset Turnover	0.31x	0.40x	0.50x	0.23x	0.26x	0.43x	0.61x	0.47x	0.39x	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	1.4B	1.51B	1.68B	6.39B	3.25B	2.94B	3.18B	3.22B	3.16B	2.96B
Other Non-Current Assets	943M	1.07B	805M	2.53B	1.04B	1.23B	1.26B	2.75B	2.9B	72.4B
Total Assets+	43.11B	42.03B	43.85B	107.19B	80.06B	75.04B	72.61B	74.01B	85.44B	84.19B
Asset Turnover	0.23x	0.30x	0.36x	0.18x	0.21x	0.35x	0.50x	0.38x	0.32x	0.26x
Asset Growth %	-0.69%	-2.51%	4.35%	144.42%	-25.31%	-6.28%	-3.23%	1.93%	15.45%	-1.47%
Total Current Liabilities+	6.36B	7.4B	7.41B	12.71B	8.22B	8.32B	7.76B	9.15B	9.52B	9.43B
Accounts Payable	3.93B	4.41B	4.88B	4.91B	2.99B	3.9B	4.03B	3.65B	3.75B	3.29B
Days Payables Outstanding	150.54	166.25	167.34	121.3	65.3	77.52	76.57	71.59	78.5	83.85
Short-Term Debt	0	500M	116M	51M	398M	101M	22M	1.06B	1B	1.77B
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	5.96B	3.86B	0	0	1.57B	1.46B	3.83B
Current Ratio	1.32x	1.12x	1.34x	1.15x	1.07x	1.23x	1.15x	0.92x	0.95x	0.94x
Quick Ratio	1.19x	0.95x	1.17x	1.03x	0.84x	1.00x	0.88x	0.69x	0.73x	0.94x
Cash Conversion Cycle	26.91	2.17	-9.47	-1.83	21.24	18.34	5.66	20.9	22.51	-
Total Non-Current Liabilities+	15.25B	14.05B	15.11B	60.25B	53.27B	46.38B	34.77B	34.51B	41.44B	38.16B
Long-Term Debt	9.82B	9.33B	10.2B	38.54B	35.43B	28.93B	19.12B	17.95B	24.32B	20.43B
Capital Lease Obligations	0	0	0	872M	957M	1.09B	1.2B	1.32B	1.27B	1.41B
Deferred Tax Liabilities	1.13B	581M	0	9.72B	0	7.04B	5.51B	5.76B	5.39B	5.64B
Other Non-Current Liabilities	4.3B	4.14B	4.91B	11.13B	16.88B	9.33B	8.93B	9.48B	10.46B	10.69B
Total Liabilities	21.61B	21.45B	22.52B	72.96B	61.49B	54.71B	42.52B	43.66B	50.97B	47.59B
Total Debt+	9.82B	9.83B	10.32B	40.04B	37.3B	30.39B	20.77B	20.91B	27.1B	1.77B
Net Debt	7.59B	8.16B	7.28B	37.01B	35.29B	27.62B	19.78B	19.48B	24.97B	1.77B
Debt / Equity	0.46x	0.48x	0.48x	1.17x	2.01x	1.49x	0.69x	0.69x	0.79x	0.05x
Debt / EBITDA	3.00x	1.93x	1.50x	5.33x	6.00x	2.29x	1.02x	1.53x	2.02x	0.16x
Net Debt / EBITDA	2.32x	1.60x	1.06x	4.92x	5.68x	2.09x	0.97x	1.43x	1.86x	0.16x
Interest Coverage	-3.53x	3.03x	7.36x	1.21x	-1.35x	2.89x	12.90x	6.87x	5.08x	4.14x
Total Equity+	21.5B	20.57B	21.33B	34.23B	18.57B	20.33B	30.09B	30.35B	34.48B	36.6B
Equity Growth %	-11.72%	-4.3%	3.68%	60.49%	-45.74%	9.44%	48.01%	0.88%	13.61%	6.14%
Book Value per Share	28.14	26.86	27.94	42.29	20.22	21.20	30.02	31.58	35.65	36.59
Total Shareholders' Equity	21.5B	20.57B	21.33B	34.23B	18.57B	20.33B	30.09B	30.25B	34.16B	36.03B
Common Stock	178M	179M	179M	209M	216M	217M	220M	222M	233M	243M
Retained Earnings	22.98B	21.93B	23.75B	20.18B	3B	4.48B	16.5B	19.63B	21.19B	21.89B
Treasury Stock	-9.14B	-9.17B	-10.47B	-10.65B	-10.66B	-10.67B	-13.77B	-15.58B	-15.6B	-15.6B
Accumulated OCI	-266M	-258M	-172M	-221M	-288M	-208M	195M	275M	179M	202M
Minority Interest	0	0	0	0	0	0	0	99M	321M	564M

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	3.38B	4.86B	7.67B	7.38B	3.96B	10.43B	16.81B	12.31B	11.44B	10.53B
Operating CF Margin %	33.52%	39.01%	49.25%	38.38%	23.08%	40.19%	46.37%	43.44%	42.21%	48.78%
Operating CF Growth %	0.98%	43.65%	57.77%	-3.83%	-46.37%	163.82%	61.11%	-26.78%	-7.06%	-7.93%
Net Income	-574M	1.31B	4.13B	-522M	-14.83B	2.32B	13.3B	4.7B	3.1B	2.37B
Depreciation & Amortization	4.3B	4.05B	0	0	0	0	6.93B	0	7.71B	7.53B
Stock-Based Compensation	0	0	0	0	0	287M	0	0	228M	0
Deferred Taxes	-517M	-719M	371M	-1.03B	-2.52B	46M	-1.64B	57M	-461M	127M
Other Non-Cash Items	557M	709M	3.69B	7.9B	22.58B	9.21B	-451M	6.89B	845M	1.57B
Working Capital Changes	-383M	-493M	-521M	1.03B	-1.28B	-1.43B	-1.32B	660M	22M	-1.07B
Change in Receivables	-1.09B	-158M	955M	401M	2.41B	-865M	-97M	1.07B	-133M	252M
Change in Inventory	17M	-349M	0	78M	-484M	-86M	-230M	-91M	-46M	12M
Change in Payables	603M	43M	-1.5B	358M	-3.23B	865M	-478M	-549M	-661M	-964M
Cash from Investing+	-4.74B	-3.08B	-3.21B	-29.03B	-819M	-1.25B	-4.87B	-6.98B	-14.59B	-5.8B
Capital Expenditures	-2.72B	-3.6B	-4.97B	-6.64B	-2.54B	-2.87B	-4.5B	-6.27B	-7.02B	-6.43B
CapEx % of Revenue	26.92%	28.88%	31.95%	34.54%	14.79%	11.05%	12.4%	22.13%	25.9%	29.76%
Acquisitions	302M	1.4B	-928M	-28.09B	-114M	-25M	-406M	-265M	-7.46B	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-2.33B	-883M	2.7B	5.7B	1.83B	1.64B	1.02B	25M	96M	-1.37B
Cash from Financing+	-802M	-2.34B	-3.1B	22.19B	-4.52B	-8.57B	-13.71B	-4.89B	3.84B	-4.84B
Debt Issued (Net)	1.49B	0	478M	15.06B	-1.98B	-6.83B	-9.48B	-22M	5.1B	-3.75B
Equity Issued (Net)	1000K	1000K	-1000K	1000K	1000K	1000K	-1000K	-1000K	1000K	1000K
Dividends Paid	-2.31B	-2.35B	-2.37B	-2.62B	-1.84B	-839M	-1.18B	-1.36B	-1.45B	-1.59B
Share Repurchases	-22M	-25M	-1.25B	-237M	-12M	-8M	-3.1B	-3.46B	-27M	0
Other Financing	0	0	9M	-31M	-813M	-922M	-241M	-179M	-365M	-462M
Net Change in Cash	-2.16B	-561M	1.36B	541M	-1.38B	609M	-1.78B	438M	693M	-111M
Free Cash Flow+	553M	1.26B	2.69B	1.01B	1.42B	7.56B	12.46B	6.06B	4.42B	4.11B
FCF Margin %	5.48%	10.13%	17.3%	5.25%	8.29%	29.13%	34.37%	21.4%	16.31%	19.01%
FCF Growth %	128.79%	128.21%	113.47%	-62.58%	40.87%	432.68%	64.73%	-51.34%	-27.08%	-7.15%
FCF per Share	0.72	1.65	3.53	1.25	1.55	7.89	12.44	6.31	4.57	4.10
FCF Conversion (FCF/Net Income)	-5.90x	3.72x	1.86x	-11.06x	-0.27x	4.51x	1.27x	2.63x	3.76x	4.45x
Interest Paid	312M	351M	0	0	0	1.69B	1.43B	1.1B	0	0
Taxes Paid	300M	900M	0	1.94B	0	763M	2.18B	1.3B	1.2B	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-2.5%	6.2%	19.64%	-2.4%	-56.17%	11.89%	52.45%	15.46%	9.39%	6.67%
Return on Invested Capital (ROIC)	-2.64%	2.72%	7.49%	1.93%	-2.31%	6.88%	20.37%	9.76%	8.19%	5.82%
Gross Margin	5.7%	22.33%	31.57%	23.11%	2.57%	29.29%	47.03%	34.39%	35.61%	33.78%
Net Margin	-5.69%	10.47%	26.42%	-3.47%	-86.54%	8.91%	36.47%	16.49%	11.23%	10.97%
Debt / Equity	0.46x	0.48x	0.48x	1.17x	2.01x	1.49x	0.69x	0.69x	0.79x	0.05x
Interest Coverage	-3.53x	3.03x	7.36x	1.21x	-1.35x	2.89x	12.90x	6.87x	5.08x	4.14x
FCF Conversion	-5.90x	3.72x	1.86x	-11.06x	-0.27x	4.51x	1.27x	2.63x	3.76x	4.45x
Revenue Growth	-19.11%	23.44%	24.96%	23.4%	-10.8%	51.49%	39.64%	-21.85%	-4.35%	-20.32%

Occidental Petroleum Corporation (OXY) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

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Profit & Loss

Balance Sheet

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Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Occidental Petroleum Corporation (OXY) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare OXY vs Peers

vs COP

vs WDS

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios