Occidental Petroleum (OXY) Debt Ratio (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Debt Ratio came in at 0.17 in Q2 2026, down 39.32% year-over-year from 0.28 in Q2 2025, and down 12.19% quarter-over-quarter from 0.19 in Q1 2026.
Analysis
Occidental Petroleum (OXY) Debt Ratio (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Debt Ratio for 18 consecutive years, with 0.17 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio fell 39.32% year-over-year to 0.17 in Q2 2026; TTM through Jun 2026 was 0.17, a 39.32% decrease from a year earlier, with the FY2025 full-year figure at 0.28, down 11.13% from the prior year.
- Debt Ratio was 0.17 for Q2 2026 at Occidental Petroleum, down from 0.19 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.36 in Q1 2022 and troughed at 0.17 in Q2 2026.
- A 5-year average of 0.28 and a median of 0.28 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio climbed 13.91% in 2025 and slumped 39.32% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.27 in 2022, then decreased by 0.07% to 0.27 in 2023, then climbed by 13.45% to 0.31 in 2024, then retreated by 11.13% to 0.28 in 2025, then slumped by 37.86% to 0.17 in 2026.
- The last three Debt Ratio figures came in at 0.17 (Q2 2026), 0.19 (Q1 2026), and 0.28 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | 0.08 |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 0.17 |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | 0.20 |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | 0.19 |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | 15.77 |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | 0.25 |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 0.10 |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | 0.08 |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | - |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.42 |