Occidental Petroleum (OXY) Return on Invested Capital [ROIC] (2009 - 2026)
Occidental Petroleum (OXY) recorded Return on Invested Capital [ROIC] of 6.64% in Q2 2026, up 7.09 percentage points from -0.46% a year earlier and up 5.87 percentage points from the prior quarter.
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Analysis
Occidental Petroleum (OXY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Occidental Petroleum reported Return on Invested Capital [ROIC] of 4.74%, up 4.78 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +27.04 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -0.04% in FY2024 (-0.68 pp), 0.64% in FY2023 (-16.87 pp), 17.50% in FY2022 (+17.76 pp) and -0.26% in FY2021 (+22.05 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q2 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of +0.29 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 29.09 percentage points in Q1 2022, against a drop of 16.90 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.77% (Q1 2026), 0.11% (Q4 2025) and -1.00% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 11.12% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 17.88% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -30.32% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 6.94% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 22.50% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -181.46% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 44.95% |
| 10 | Occidental Petroleum | 58.08 Bn | 46.63 Bn | - | 6.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.64% |
| Mar 31, 2026 | 0.77% |
| Dec 31, 2025 | 0.11% |
| Sep 30, 2025 | -1.00% |
| Jun 30, 2025 | -0.46% |
| Mar 31, 2025 | 0.41% |
| Dec 31, 2024 | -0.04% |
| Sep 30, 2024 | -0.86% |
| Jun 30, 2024 | -0.66% |
| Mar 31, 2024 | -0.79% |
| Dec 31, 2023 | 0.64% |
| Sep 30, 2023 | 4.98% |
| Jun 30, 2023 | 7.48% |
| Mar 31, 2023 | 12.80% |
| Dec 31, 2022 | 17.54% |
| Sep 30, 2022 | 16.94% |
| Jun 30, 2022 | 13.21% |
| Mar 31, 2022 | 5.07% |
| Dec 31, 2021 | -0.27% |
| Sep 30, 2021 | -2.21% |
API Access
Occidental Petroleum Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=OXY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=OXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();