Occidental Petroleum OXY
NYSE OXY
$58.83 -0.45 (-0.76%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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