Occidental Petroleum Corporation (OXY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 5.23B | 5.01B | 6.62B | 6.32B | 6.8B | 6.92B | 7.09B | 6.88B | 6.21B | 7.34B | 7.27B | 6.6B | 7.12B | 8.31B | 9.38B | 10.35B | 8.21B | 7.79B | 6.88B | 6.1B |
| Revenue Growth % | -23.12% | -27.6% | -6.53% | -8.12% | 9.5% | -5.65% | -2.54% | 4.14% | -12.71% | -11.7% | -22.44% | -36.22% | -13.34% | 6.63% | 36.26% | 69.65% | 58.42% | 71.07% | 71.34% | 84.07% |
| Cost of Goods Sold | 4.61B | 3.62B | 4.46B | 4.41B | 4.35B | 4.51B | 4.49B | 4.35B | 4.1B | 4.87B | 4.59B | 4.6B | 4.53B | 4.87B | 4.84B | 4.99B | 4.51B | 4.73B | 4.46B | 4.7B |
| COGS % of Revenue | 88.15% | 72.19% | 67.38% | 69.81% | 63.91% | 65.15% | 63.3% | 63.3% | 66.01% | 66.36% | 63.13% | 69.63% | 63.66% | 58.61% | 51.59% | 48.19% | 54.88% | 60.66% | 64.74% | 76.96% |
| Gross Profit | 620M | 1.39B | 2.16B | 1.91B | 2.46B | 2.41B | 2.6B | 2.52B | 2.11B | 2.47B | 2.68B | 2B | 2.59B | 3.44B | 4.54B | 5.36B | 3.71B | 3.07B | 2.43B | 1.41B |
| Gross Margin % | 11.85% | 27.81% | 32.62% | 30.19% | 36.09% | 34.85% | 36.7% | 36.7% | 33.99% | 33.64% | 36.87% | 30.37% | 36.34% | 41.39% | 48.41% | 51.81% | 45.12% | 39.34% | 35.26% | 23.04% |
| Gross Profit Growth % | -74.75% | -42.23% | -16.92% | -24.42% | 16.24% | -2.27% | -2.98% | 25.84% | -18.36% | -28.23% | -40.93% | -62.61% | -30.19% | 12.2% | 87.1% | 281.44% | 424.93% | 351.55% | 1888.52% | 324.6% |
| Operating Expenses | 245M | 927M | 987M | 1.05B | 978M | 1.05B | 858M | 868M | 904M | 970M | 876M | 553M | 855M | 980M | 993M | 961M | 830M | 845M | 785M | 669M |
| OpEx % of Revenue | 4.68% | 18.49% | 14.9% | 16.62% | 14.38% | 15.19% | 12.11% | 12.63% | 14.55% | 13.22% | 12.05% | 8.38% | 12.01% | 11.79% | 10.59% | 9.28% | 10.1% | 10.84% | 11.41% | 10.96% |
| Selling, General & Admin | 245M | 250M | 277M | 284M | 267M | 276M | 268M | 259M | 259M | 307M | 258M | 277M | 241M | 258M | 247M | 244M | 196M | 280M | 240M | 177M |
| SG&A % of Revenue | 4.68% | 4.99% | 4.18% | 4.5% | 3.92% | 3.99% | 3.78% | 3.77% | 4.17% | 4.18% | 3.55% | 4.2% | 3.39% | 3.1% | 2.63% | 2.36% | 2.39% | 3.59% | 3.49% | 2.9% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 375M | 467M | 1.17B | 857M | 1.48B | 1.36B | 1.74B | 1.66B | 1.21B | 1.5B | 1.8B | 1.45B | 1.73B | 2.46B | 3.55B | 4.4B | 2.88B | 2.22B | 1.64B | 737M |
| Operating Margin % | 7.17% | 9.32% | 17.72% | 13.57% | 21.71% | 19.66% | 24.59% | 24.07% | 19.44% | 20.43% | 24.82% | 21.99% | 24.33% | 29.6% | 37.82% | 42.52% | 35.01% | 28.5% | 23.85% | 12.08% |
| Operating Income Growth % | -74.61% | -65.69% | -32.64% | -48.22% | 22.27% | -9.21% | -3.43% | 13.98% | -30.25% | -39.06% | -49.1% | -67.02% | -39.78% | 10.76% | 116.09% | 497.29% | 3894.44% | 10676.19% | 460.66% | 171.35% |
| EBITDA | 2.17B | 2.44B | 3.23B | 2.79B | 3.39B | 3.34B | 3.67B | 3.43B | 2.9B | 3.22B | 3.52B | 3.16B | 3.45B | 4.28B | 5.28B | 6.13B | 4.52B | 4.19B | 3.56B | 3.11B |
| EBITDA Margin % | 41.47% | 48.59% | 48.84% | 44.21% | 49.89% | 48.21% | 51.77% | 49.89% | 46.69% | 43.9% | 48.36% | 47.88% | 48.51% | 51.49% | 56.34% | 59.22% | 55.02% | 53.72% | 51.69% | 50.93% |
| EBITDA Growth % | -36.09% | -27.02% | -11.83% | -18.57% | 16.99% | 3.6% | 4.32% | 8.51% | -15.99% | -24.7% | -33.42% | -48.43% | -23.59% | 2.2% | 48.5% | 97.23% | 99.43% | 141.6% | 143.63% | 186.19% |
| D&A (Non-Cash Add-back) | 1.79B | 1.97B | 2.06B | 1.94B | 1.92B | 1.98B | 1.93B | 1.77B | 1.69B | 1.72B | 1.71B | 1.71B | 1.72B | 1.82B | 1.74B | 1.73B | 1.64B | 1.97B | 1.92B | 2.37B |
| EBIT | 375M | 467M | 1.44B | 1.01B | 1.65B | 158M | 1.91B | 1.89B | 1.29B | 1.81B | 2.04B | 1.56B | 1.97B | 2.66B | 3.93B | 5.1B | 3.45B | 2.42B | 1.67B | 528M |
| Net Interest Income | -432M | 21M | -211M | -232M | -259M | -286M | -252M | -218M | -248M | -215M | -180M | -202M | -209M | -229M | -248M | -78M | -322M | -361M | -431M | -336M |
| Interest Income | 0 | 57M | 59M | 44M | 59M | 41M | 60M | 34M | 36M | 32M | 50M | 28M | 29M | 31M | 37M | 36M | 49M | 24M | 18M | 49M |
| Interest Expense | 432M | 36M | 270M | 276M | 318M | 327M | 312M | 252M | 284M | 247M | 230M | 230M | 238M | 260M | 285M | 114M | 371M | 385M | 449M | 385M |
| Other Income/Expense | 15M | -61M | -8M | -119M | -145M | -1.53B | -149M | -20M | -198M | 60M | 4M | -125M | 2M | -60M | 102M | 584M | 207M | -191M | -424M | -594M |
| Pretax Income | 390M | 406M | 1.17B | 738M | 1.33B | -169M | 1.59B | 1.64B | 1.01B | 1.56B | 1.81B | 1.33B | 1.73B | 2.4B | 3.65B | 4.99B | 3.08B | 2.03B | 1.22B | 143M |
| Pretax Margin % | 7.46% | 8.1% | 17.6% | 11.68% | 19.58% | -2.44% | 22.49% | 23.78% | 16.26% | 21.24% | 24.88% | 20.1% | 24.36% | 28.88% | 38.91% | 48.16% | 37.53% | 26.05% | 17.69% | 2.34% |
| Income Tax | 154M | 173M | 324M | 270M | 387M | -49M | 454M | 465M | 304M | 361M | 434M | 467M | 471M | 473M | 902M | 1.23B | -1.79B | 469M | 387M | 43M |
| Effective Tax Rate % | 39.49% | 42.61% | 27.79% | 36.59% | 29.05% | 28.99% | 28.48% | 28.44% | 30.1% | 23.16% | 23.99% | 35.19% | 27.16% | 19.71% | 24.73% | 24.69% | -58.16% | 23.1% | 31.8% | 30.07% |
| Net Income | 3.35B | 102M | 830M | 431M | 931M | -125M | 1.13B | 1.16B | 884M | 1.19B | 1.37B | 856M | 1.26B | 1.92B | 2.73B | 3.73B | 4.84B | 1.53B | 823M | 103M |
| Net Margin % | 63.96% | 2.03% | 12.53% | 6.82% | 13.69% | -1.81% | 15.92% | 16.8% | 14.23% | 16.24% | 18.81% | 12.97% | 17.66% | 23.1% | 29.1% | 36% | 58.95% | 19.6% | 11.96% | 1.69% |
| Net Income Growth % | 259.29% | 181.6% | -26.42% | -62.68% | 5.32% | -110.49% | -17.54% | 34.93% | -29.67% | -37.92% | -49.85% | -77.03% | -74.04% | 25.65% | 231.47% | 3518.45% | 3416.44% | 237.41% | 123.02% | 101.27% |
| Net Income (Continuing) | 236M | 233M | 842M | 468M | 945M | -120M | 1.14B | 1.17B | 706M | 1.2B | 1.38B | 860M | 1.26B | 1.93B | 2.75B | 3.75B | 4.88B | 1.56B | 830M | 100M |
| Discontinued Operations | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 1000K |
| Minority Interest | 628M | 564M | 505M | 454M | 393M | 321M | 260M | 206M | 156M | 99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.17 | -0.07 | 0.65 | 0.26 | 0.77 | -0.31 | 0.98 | 1.03 | 0.75 | 1.08 | 1.20 | 0.63 | 1.00 | 1.74 | 2.52 | 3.46 | 4.65 | 1.37 | 0.65 | -0.10 |
| EPS Growth % | 311.69% | 77.81% | -33.67% | -74.76% | 2.67% | -128.79% | -18.27% | 64.33% | -25.13% | -38% | -52.45% | -81.9% | -78.47% | 27.19% | 287.66% | 3436.8% | 1354.77% | 197.09% | 116% | 98.86% |
| EPS (Basic) | 3.25 | -0.07 | 0.67 | 0.27 | 0.81 | -0.31 | 1.03 | 1.10 | 0.81 | 1.16 | 1.30 | 0.68 | 1.08 | 1.90 | 2.74 | 3.76 | 4.96 | 1.42 | 0.67 | -0.10 |
| Diluted Shares Outstanding | 1B | 1B | 1B | 1.01B | 982.9M | 940.8M | 975.7M | 958.9M | 948.6M | 950.1M | 958.2M | 958.8M | 975.3M | 990.5M | 1B | 1.02B | 997.7M | 972.7M | 957.7M | 934.2M |
| Basic Shares Outstanding | 975.5M | 988M | 986.4M | 985.1M | 941.3M | 940.8M | 927.5M | 893.8M | 884.1M | 881M | 884M | 889.3M | 901.2M | 905.7M | 922M | 939.2M | 936.7M | 936.5M | 935.4M | 934.2M |
| Dividend Payout Ratio | 7.14% | 400% | 49.16% | 92.34% | 40.82% | - | 32.89% | 31.69% | 37.56% | 27.68% | 25.37% | 42.99% | 25.46% | 16.72% | 11.88% | 8.67% | 4.46% | 13.68% | 25.52% | 202.91% |