Occidental Petroleum (OXY) Operating Margin (2009 - 2025)
Occidental Petroleum's Operating Margin came in at 1.37% for Q3 2025, down 6.41 percentage points from 7.78% a year earlier but up 7.57 percentage points from the prior quarter.
Occidental Petroleum (OXY) Operating Margin (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Occidental Petroleum reported Operating Margin of -4.40%, down 1.28 percentage points year-over-year; for FY2024, it was -0.15%, down 2.07 percentage points from FY2023.
- Operating Margin carries a five-year change of +18.42 percentage points (FY2019 to FY2024).
- Going back by year, Operating Margin was 1.92% in FY2023 (-23.39 pp), 25.31% in FY2022 (+26.00 pp), -0.69% in FY2021 (+92.03 pp) and -92.72% in FY2020 (-74.15 pp).
- The five-year range for quarterly Operating Margin is -73.01% (Q4 2023) to 35.26% (Q2 2022).
- Year-over-year, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -10.76 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2021 (a gain of 295.77 percentage points), and the weakest in Q4 2023 (a drop of 89.02 percentage points).
- Business Quant data shows OXY's Operating Margin at -6.20% (Q2 2025), 4.00% (Q1 2025) and -41.72% (Q4 2024) in the three quarters before Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 20.54% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -7,653,464.41% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 7.15% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 53.17% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 14.27% |
| 10 | Occidental Petroleum | 56.33 Bn | 44.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.37% |
| Jun 30, 2025 | -6.20% |
| Mar 31, 2025 | 4.00% |
| Dec 31, 2024 | -41.72% |
| Sep 30, 2024 | 7.78% |
| Jun 30, 2024 | 6.18% |
| Mar 31, 2024 | -2.58% |
| Dec 31, 2023 | -73.01% |
| 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% |
| Jun 30, 2021 | -9.08% |
| Mar 31, 2021 | -18.61% |
| Dec 31, 2020 | -37.28% |
Occidental Petroleum Operating 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=operating-margin&ticker=OXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();