Occidental Petroleum (OXY-WT) Gross Margin (2009 - 2026)
Occidental Petroleum (OXY-WT) posted quarterly Gross Margin of 93.19% for Q1 2026, down 109.0% year-over-year from 1035.48% in Q1 2025, and down 38.53% quarter-over-quarter from 151.6% in Q4 2025.
Occidental Petroleum (OXY-WT) Gross Margin (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has reported Gross Margin for 18 consecutive years, with 93.19% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 109.0% year-over-year to 93.19%; the TTM figure through Mar 2026 stood at 96.2% (down 520.0% YoY), while the FY2025 annual figure was 92.79%, down 122.0% from the prior year.
- Gross Margin fell to 93.19% in Q1 2026 per OXY-WT's latest filing, from 151.6% in the prior quarter.
- Across five years, Gross Margin topped out at 163.68% in Q4 2024 and bottomed at 87.74% in Q3 2025.
- Historically, Gross Margin has averaged 105.02% across 5 years, with a median of 94.28% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 3604 bps — and 2025, when it plunged 1208 bps.
- Occidental Petroleum's Gross Margin stood at 114.81% in 2022, then jumped by 31 bps to 150.85% in 2023, then climbed by 9 bps to 163.68% in 2024, then decreased by 7 bps to 151.6% in 2025, then tumbled by 39 bps to 93.19% in 2026.
- Business Quant data shows OXY-WT's Gross Margin at 93.19% in Q1 2026, 151.6% in Q4 2025, and 87.74% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 78.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 95.88% |
| 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% |