Occidental Petroleum (OXY) Gross Margin (2009 - 2025)
Occidental Petroleum's Gross Margin came in at 87.74% for Q3 2025, up 0.14 percentage points from 87.61% a year earlier and up 3.85 percentage points from the prior quarter.
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Analysis
Occidental Petroleum (OXY) Gross Margin (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Occidental Petroleum reported Gross Margin of 84.96%, up 0.96 percentage points year-over-year; for FY2024, it was 85.83%, down 0.72 percentage points from FY2023.
- Gross Margin carries a five-year change of -0.83 percentage points (FY2019 to FY2024).
- Going back by year, Gross Margin was 86.54% in FY2023 (-4.52 pp), 91.07% in FY2022 (+1.75 pp), 89.32% in FY2021 (+2.84 pp) and 86.48% in FY2020 (-0.17 pp).
- The Q3 2025 figure represents the highest quarterly Gross Margin since Q3 2023.
- Year-over-year, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -3.16 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2024 (a gain of 19.31 percentage points), and the weakest in Q4 2023 (a drop of 33.81 percentage points).
- Business Quant data shows OXY's Gross Margin at 83.89% (Q2 2025), 85.96% (Q1 2025) and 75.95% (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.18 Bn | 700.66 Bn | - | - |
| 2 | Chevron | 442.92 Bn | 415.04 Bn | 33.45 Bn | 47.75% |
| 3 | Shell | 311.42 Bn | 241.16 Bn | 30.13 Bn | 31.83% |
| 4 | TotalEnergies SE | 198.63 Bn | 79.21 Bn | 61.77 Bn | 100.00% |
| 5 | Conocophillips | 176.22 Bn | 148.93 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 118.99 Bn | 33.45 Bn | - | - |
| 7 | Phillips 66 | 116.77 Bn | 104.56 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 113.42 Bn | 110.43 Bn | 8.84 Bn | 82.99% |
| 9 | Suncor Energy | 95.62 Bn | 81.37 Bn | - | - |
| 10 | Occidental Petroleum | 62.67 Bn | 50.58 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 87.74% |
| Jun 30, 2025 | 83.89% |
| Mar 31, 2025 | 85.96% |
| Dec 31, 2024 | 75.95% |
| Sep 30, 2024 | 87.61% |
| Jun 30, 2024 | 86.65% |
| Mar 31, 2024 | 86.14% |
| Dec 31, 2023 | 56.64% |
| 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% |
| Jun 30, 2021 | 88.65% |
| Mar 31, 2021 | 88.78% |
| Dec 31, 2020 | 85.55% |
API Access
Occidental Petroleum Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=OXY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "OXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();