Occidental Petroleum (OXY) Gross Margin (2009 - 2026)
Occidental Petroleum (OXY) reported Gross Margin of 93.19% for Q1 2026, down 109.0% year-over-year from 1035.48% in Q1 2025, and up 10.25% quarter-over-quarter from 84.53% in Q4 2025.
Occidental Petroleum (OXY) Gross Margin (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has 18 years of Gross Margin data on file, last reported at 93.19% in Q1 2026.
- Gross Margin for Q1 2026 came in at 93.19%, down 109.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 92.41% (down 644.0% YoY), and the FY2025 annual result was 92.79%, down 122.0% from the prior year.
- Gross Margin rose to 93.19% in Q1 2026 per OXY's latest filing, from 84.53% in the prior quarter.
- Over five years, Gross Margin peaked at 163.68% in Q4 2024 and troughed at 74.94% in Q4 2023.
- A 5-year average of 95.27% and a median of 92.25% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 8874 bps in 2024, then slumped 7915 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 90.45% in 2022, then decreased by 17 bps to 74.94% in 2023, then surged by 118 bps to 163.68% in 2024, then slumped by 48 bps to 84.53% in 2025, then rose by 10 bps to 93.19% in 2026.
- Business Quant data shows OXY's Gross Margin at 93.19% in Q1 2026, 84.53% in Q4 2025, and 94.02% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 80.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 93.19% |
| Dec 31, 2025 | 84.53% |
| Sep 30, 2025 | 94.02% |
| Jun 30, 2025 | 92.25% |
| Mar 31, 2025 | 94.28% |
| Dec 31, 2024 | 163.68% |
| Sep 30, 2024 | 87.61% |
| Jun 30, 2024 | 94.95% |
| Mar 31, 2024 | 86.14% |
| Dec 31, 2023 | 74.94% |
| Sep 30, 2023 | 95.42% |
| Jun 30, 2023 | 99.85% |
| Mar 31, 2023 | 89.69% |
| Dec 31, 2022 | 90.45% |
| Sep 30, 2022 | 91.11% |
| Jun 30, 2022 | 97.27% |
| Mar 31, 2022 | 90.20% |
| Dec 31, 2021 | 96.17% |
| Sep 30, 2021 | 89.24% |
| Jun 30, 2021 | 88.65% |