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 | 680.24 Bn | 638.39 Bn | - | 13.86% |
| 2 | Chevron | 412.23 Bn | 379.27 Bn | 31.26 Bn | 12.13% |
| 3 | Shell | 292.60 Bn | 152.86 Bn | - | - |
| 4 | TotalEnergies SE | 193.02 Bn | 64.10 Bn | 31,614.00 | 21.61% |
| 5 | Eni Spa | 169.05 Bn | 108.69 Bn | - | 9.03% |
| 6 | Conocophillips | 164.28 Bn | 136.99 Bn | 12.81 Bn | 22.50% |
| 7 | Equinor Asa | 106.66 Bn | 19.51 Bn | 4.49 Bn | 57.33% |
| 8 | Canadian Natural Resources | 100.28 Bn | 94.18 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 99.38 Bn | 83.17 Bn | 10.69 Bn | 25.31% |
| 10 | Occidental Petroleum | 55.69 Bn | 43.61 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();