Occidental Petroleum (OXY) Return on Capital Employed [ROCE] (2009 - 2026)
Occidental Petroleum (OXY) reported Return on Capital Employed [ROCE] of 6.95% for Q2 2026, up 7.48 percentage points from -0.52% a year earlier and up 6.01 percentage points from the prior quarter.
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Analysis
Occidental Petroleum (OXY) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Occidental Petroleum posted Return on Capital Employed [ROCE] of 5.58%, up 5.63 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +24.91 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -0.05% in FY2024 (-0.74 pp), 0.69% in FY2023 (-13.34 pp), 14.04% in FY2022 (+14.29 pp) and -0.26% in FY2021 (+19.08 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q2 2023.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last three quarters, with an average year-over-year change of +0.32 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2022 (a gain of 25.73 percentage points); the low point was Q1 2024 (a drop of 13.81 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.95% (Q1 2026), 0.13% (Q4 2025) and -1.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 12.28% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 5.20% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Occidental Petroleum | 58.08 Bn | 46.63 Bn | - | 6.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.95% |
| Mar 31, 2026 | 0.95% |
| Dec 31, 2025 | 0.13% |
| Sep 30, 2025 | -1.16% |
| Jun 30, 2025 | -0.52% |
| Mar 31, 2025 | 0.46% |
| Dec 31, 2024 | -0.04% |
| Sep 30, 2024 | -0.96% |
| Jun 30, 2024 | -0.71% |
| Mar 31, 2024 | -0.86% |
| Dec 31, 2023 | 0.70% |
| Sep 30, 2023 | 5.23% |
| Jun 30, 2023 | 7.71% |
| Mar 31, 2023 | 12.95% |
| Dec 31, 2022 | 14.35% |
| Sep 30, 2022 | 13.76% |
| Jun 30, 2022 | 10.65% |
| Mar 31, 2022 | 3.89% |
| Dec 31, 2021 | -0.27% |
| Sep 30, 2021 | -4.00% |
API Access
Occidental Petroleum Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=OXY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();