Occidental Petroleum (OXY-WT) Gross Margin (2009 - 2026)
Occidental Petroleum's (OXY-WT) quarterly Gross Margin came in at 93.19% in Q1 2026, down 109.0% year-on-year from 1035.48% in Q1 2025, and down 38.53% on a QoQ basis from 151.6% in Q4 2025.
Occidental Petroleum (OXY-WT) Gross Margin (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has 18 years of Gross Margin data on file, last reported at 93.19% in Q1 2026.
- On a quarterly basis, Gross Margin fell 109.0% year-over-year to 93.19% in Q1 2026; TTM through Mar 2026 was 96.2%, a 520.0% decrease from a year earlier, with the FY2025 full-year figure at 92.79%, down 122.0% from the prior year.
- Gross Margin for Q1 2026 stood at 93.19%, down from 151.6% in the prior quarter.
- Over the last five years, Gross Margin for OXY-WT reached as high as 163.68% in Q4 2024 and fell as low as 87.74% in Q3 2025.
- Historically, Gross Margin has averaged 105.02% across 5 years, with a median of 94.28% in 2025.
- Across the five-year window, Gross Margin surged 3604 bps in 2023 and slumped 1208 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 114.81% in 2022, then soared by 31 bps to 150.85% in 2023, then increased by 9 bps to 163.68% in 2024, then dropped by 7 bps to 151.6% in 2025, then tumbled by 39 bps to 93.19% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 93.19% in Q1 2026, 151.6% in Q4 2025, and 87.74% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 93.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 93.19% |
| Dec 31, 2025 | 151.60% |
| Sep 30, 2025 | 87.74% |
| Jun 30, 2025 | 92.25% |
| Mar 31, 2025 | 94.28% |
| Dec 31, 2024 | 163.68% |
| Sep 30, 2024 | 95.34% |
| Jun 30, 2024 | 94.95% |
| Mar 31, 2024 | 93.14% |
| Dec 31, 2023 | 150.85% |
| Sep 30, 2023 | 90.47% |
| Jun 30, 2023 | 88.20% |
| Mar 31, 2023 | 89.69% |
| Dec 31, 2022 | 114.81% |
| Sep 30, 2022 | 96.60% |
| Jun 30, 2022 | 92.18% |
| Mar 31, 2022 | 96.42% |
| Dec 31, 2021 | 96.17% |
| Sep 30, 2021 | 96.23% |
| Jun 30, 2021 | 88.65% |