Occidental Petroleum (OXY) Gross Margin (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Gross Margin came in at 95.88% in Q2 2026, up 435.0% year-over-year from 17.92% in Q2 2025, and up 2.89% quarter-over-quarter from 93.19% in Q1 2026.
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Occidental Petroleum (OXY) Gross Margin (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Gross Margin for 18 consecutive years, with 95.88% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 435.0% year-over-year to 95.88% in Q2 2026; TTM through Jun 2026 was 97.25%, a 101.0% decrease from a year earlier, with the FY2025 full-year figure at 92.79%, down 122.0% from the prior year.
- Gross Margin was 95.88% for Q2 2026 at Occidental Petroleum, up from 93.19% in the prior quarter.
- Over five years, Gross Margin peaked at 163.68% in Q4 2024 and troughed at 86.14% in Q1 2024.
- A 5-year average of 101.19% and a median of 90.79% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 6040 bps in 2023 and sank 1208 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 90.45% in 2022, then jumped by 67 bps to 150.85% in 2023, then gained by 9 bps to 163.68% in 2024, then fell by 7 bps to 151.6% in 2025, then plunged by 37 bps to 95.88% in 2026.
- The last three Gross Margin figures came in at 95.88% (Q2 2026), 93.19% (Q1 2026), and 151.6% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | 47.75% |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 31.83% |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | 37.98% |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | - |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | - |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | 16.10% |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 92.04% |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | - |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | 93.84% |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | 95.88% |
Historic Data
Download Data
Historic 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 | 91.54% |
| Mar 31, 2025 | 94.28% |
| Dec 31, 2024 | 163.68% |
| Sep 30, 2024 | 87.61% |
| Jun 30, 2024 | 86.65% |
| Mar 31, 2024 | 86.14% |
| Dec 31, 2023 | 150.85% |
| Sep 30, 2023 | 90.47% |
| Jun 30, 2023 | 88.20% |
| Mar 31, 2023 | 89.69% |
| Dec 31, 2022 | 90.45% |
| Sep 30, 2022 | 91.11% |
| Jun 30, 2022 | 92.18% |
| Mar 31, 2022 | 90.20% |
| Dec 31, 2021 | 90.26% |
| Sep 30, 2021 | 89.24% |