Occidental Petroleum OXY
NYSE OXY
$61.51 +1.43 (+2.38%)
At close: Aug 20, 2026 · 4:00 PM EDT

Occidental Petroleum Corp /De/ (OXY) Tax Rate (2009 - 2026)

Occidental Petroleum (OXY) posted quarterly Tax Rate of 39.49% for Q1 2026, up 1001.0% year-over-year from 3.59% in Q1 2025, and up 206.62% quarter-over-quarter from 37.04% in Q4 2025.

Occidental Petroleum Corp /De/ (OXY) Tax Rate (2009 - 2026) Analysis & Trends

Occidental Petroleum (OXY) has reported Tax Rate for 18 consecutive years, with 39.49% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 1001.0% year-over-year to 39.49%; the TTM figure through Mar 2026 stood at 36.05% (up 739.0% YoY), while the FY2025 annual figure was 32.64%, up 386.0% from the prior year.
  • Tax Rate climbed to 39.49% in Q1 2026 per OXY's latest filing, from 37.04% in the prior quarter.
  • Across five years, Tax Rate topped out at 39.49% in Q1 2026 and bottomed at 58.16% in Q1 2022.
  • Historically, Tax Rate has averaged 19.47% across 5 years, with a median of 27.79% in 2025.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 8532 bps — and 2025, when it plunged 6727 bps.
  • Occidental Petroleum's Tax Rate stood at 19.71% in 2022, then advanced by 2 bps to 20.19% in 2023, then jumped by 50 bps to 30.23% in 2024, then slumped by 223 bps to 37.04% in 2025, then jumped by 207 bps to 39.49% in 2026.
  • Business Quant data shows OXY's Tax Rate at 39.49% in Q1 2026, 37.04% in Q4 2025, and 27.79% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Jun 30, 2026 23.37%
Jun 30, 2026 23.37%
Jun 30, 2026 23.37%
Mar 31, 2026 39.49%
Mar 31, 2026 39.49%
Mar 31, 2026 39.49%
Dec 31, 2025 -37.04%
Dec 31, 2025 -37.04%
Dec 31, 2025 -37.04%
Sep 30, 2025 27.79%
Sep 30, 2025 27.79%
Sep 30, 2025 27.79%
Jun 30, 2025 36.59%
Jun 30, 2025 36.59%
Jun 30, 2025 36.59%
Mar 31, 2025 29.48%
Mar 31, 2025 29.48%
Mar 31, 2025 29.48%
Dec 31, 2024 30.23%
Dec 31, 2024 30.23%