Occidental Petroleum (OXY) Operating Margin (2009 - 2026)
Occidental Petroleum's (OXY) quarterly Operating Margin came in at 39.52% in Q2 2026, up 3807.0% year-over-year from 1.01% in Q2 2025, and up 10777.42% quarter-over-quarter from 0.36% in Q1 2026.
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Occidental Petroleum (OXY) Operating Margin (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has reported Operating Margin for 18 consecutive years, with 39.52% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 3807.0% year-over-year to 39.52% in Q2 2026; TTM through Jun 2026 was 18.66%, a 735.0% increase from a year earlier, with the FY2025 full-year figure at 4.7%, down 334.0% from the prior year.
- Operating Margin was 39.52% for Q2 2026 at Occidental Petroleum, up from 0.36% in the prior quarter.
- Over five years, Operating Margin peaked at 46.01% in Q4 2024 and troughed at 2.58% in Q1 2024.
- A 5-year average of 16.78% and a median of 12.09% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 4434 bps in 2022 and tumbled 3045 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 16.01% in 2022, then jumped by 32 bps to 21.2% in 2023, then soared by 117 bps to 46.01% in 2024, then decreased by 7 bps to 42.58% in 2025, then fell by 7 bps to 39.52% in 2026.
- The last three Operating Margin figures came in at 39.52% (Q2 2026), 0.36% (Q1 2026), and 42.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | -28.44% |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 28.64% |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -37.20% |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 98.44% |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 36.94% |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | -74.35% |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 91.95% |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | - |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 39.52% |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 12.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.52% |
| Mar 31, 2026 | 0.36% |
| Dec 31, 2025 | 42.58% |
| Sep 30, 2025 | 1.37% |
| Jun 30, 2025 | 1.45% |
| Mar 31, 2025 | 12.32% |
| Dec 31, 2024 | 46.01% |
| Sep 30, 2024 | 7.78% |
| Jun 30, 2024 | 6.18% |
| Mar 31, 2024 | -2.58% |
| Dec 31, 2023 | 21.20% |
| Sep 30, 2023 | 10.88% |
| Jun 30, 2023 | 4.80% |
| Mar 31, 2023 | 11.85% |
| Dec 31, 2022 | 16.01% |
| Sep 30, 2022 | 25.94% |
| Jun 30, 2022 | 35.26% |
| Mar 31, 2022 | 21.04% |
| Dec 31, 2021 | 12.92% |
| Sep 30, 2021 | 4.80% |