Occidental Petroleum (OXY) Return on Capital Employed (2009 - 2026)

Occidental Petroleum (OXY) reported Return on Capital Employed of 19.02% for Q1 2026, down 308.0% year-over-year from 9.14% in Q1 2025, and down 1.2% quarter-over-quarter from 19.25% in Q4 2025.

Occidental Petroleum (OXY) Return on Capital Employed (2009 - 2026) Analysis & Trends

Occidental Petroleum (OXY) has 18 years of Return on Capital Employed data on file, last reported at 19.02% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 19.02%, down 308.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.02% (down 308.0% YoY), and the FY2025 annual result was 20.37%, down 237.0% from the prior year.
  • Return on Capital Employed slipped to 19.02% in Q1 2026 per OXY's latest filing, from 19.25% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 46.46% in Q3 2022 and troughed at 19.02% in Q1 2026.
  • A 5-year average of 29.6% and a median of 23.67% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed jumped 2240 bps in 2022, then slumped 2057 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 42.06% in 2022, then plunged by 43 bps to 23.95% in 2023, then dropped by 9 bps to 21.72% in 2024, then decreased by 11 bps to 19.25% in 2025, then dropped by 1 bps to 19.02% in 2026.
  • Business Quant data shows OXY's Return on Capital Employed at 19.02% in Q1 2026, 19.25% in Q4 2025, and 21.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 13.66%
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 22.41%
4 Eog Resources 72.93 Bn 69.08 Bn - 15.04%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 19.02%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -0.44%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 23.41%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 12.16%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 34,022.25%
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 0.21%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.02%
Dec 31, 2025 19.25%
Sep 30, 2025 21.70%
Jun 30, 2025 21.28%
Mar 31, 2025 22.10%
Dec 31, 2024 21.72%
Sep 30, 2024 20.47%
Jun 30, 2024 23.18%
Mar 31, 2024 23.67%
Dec 31, 2023 23.95%
Sep 30, 2023 36.65%
Jun 30, 2023 38.77%
Mar 31, 2023 44.24%
Dec 31, 2022 42.06%
Sep 30, 2022 46.46%
Jun 30, 2022 43.49%
Mar 31, 2022 35.24%
Dec 31, 2021 28.37%
Sep 30, 2021 24.98%
Jun 30, 2021 21.08%