Occidental Petroleum (OXY-WT) Tax Rate (2009 - 2026)
Occidental Petroleum's (OXY-WT) quarterly Tax Rate came in at 39.49% in Q1 2026, up 1001.0% year-on-year from 3.59% in Q1 2025, and up 206.62% on a QoQ basis from 37.04% in Q4 2025.
Occidental Petroleum (OXY-WT) Tax Rate (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY-WT) has 18 years of Tax Rate data on file, last reported at 39.49% in Q1 2026.
- On a quarterly basis, Tax Rate rose 1001.0% year-over-year to 39.49% in Q1 2026; TTM through Mar 2026 was 36.05%, a 739.0% increase from a year earlier, with the FY2025 full-year figure at 32.64%, up 386.0% from the prior year.
- Tax Rate for Q1 2026 stood at 39.49%, up from 37.04% in the prior quarter.
- Over the last five years, Tax Rate for OXY-WT reached as high as 39.49% in Q1 2026 and fell as low as 58.16% in Q1 2022.
- Historically, Tax Rate has averaged 19.47% across 5 years, with a median of 27.79% in 2025.
- Across the five-year window, Tax Rate surged 8532 bps in 2023 and slumped 6727 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 19.71% in 2022, then grew by 2 bps to 20.19% in 2023, then soared by 50 bps to 30.23% in 2024, then slumped by 223 bps to 37.04% in 2025, then soared by 207 bps to 39.49% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 39.49% in Q1 2026, 37.04% in Q4 2025, and 27.79% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 35.09% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 22.50% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 18.18% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 57.82% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 39.49% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 23.18% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 22.15% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -671.43% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 22.16% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 15.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.49% |
| Mar 31, 2026 | 39.49% |
| Mar 31, 2026 | 39.49% |
| Dec 31, 2025 | -37.04% |
| Dec 31, 2025 | -37.04% |
| Dec 31, 2025 | -37.04% |
| Sep 30, 2025 | 27.79% |
| Sep 30, 2025 | 27.79% |
| Sep 30, 2025 | 27.79% |
| Jun 30, 2025 | 36.59% |
| Jun 30, 2025 | 36.59% |
| Jun 30, 2025 | 36.59% |
| Mar 31, 2025 | 29.48% |
| Mar 31, 2025 | 29.48% |
| Mar 31, 2025 | 29.48% |
| Dec 31, 2024 | 30.23% |
| Dec 31, 2024 | 30.23% |
| Dec 31, 2024 | 30.23% |
| Sep 30, 2024 | 28.48% |
| Sep 30, 2024 | 28.48% |