Occidental Petroleum (OXY) Tax Rate (2009 - 2026)
Occidental Petroleum (OXY) reported 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 (OXY) Tax Rate (2009 - 2026) Analysis & Trends
Occidental Petroleum (OXY) has 18 years of Tax Rate data on file, last reported at 39.49% in Q1 2026.
- Tax Rate for Q1 2026 came in at 39.49%, up 1001.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.05% (up 739.0% YoY), and the FY2025 annual result was 32.64%, up 386.0% from the prior year.
- Tax Rate rose to 39.49% in Q1 2026 per OXY's latest filing, from 37.04% in the prior quarter.
- Over five years, Tax Rate peaked at 39.49% in Q1 2026 and troughed at 58.16% in Q1 2022.
- A 5-year average of 19.47% and a median of 27.79% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate jumped 8532 bps in 2023, then plunged 6727 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 19.71% in 2022, then gained by 2 bps to 20.19% in 2023, then soared by 50 bps to 30.23% in 2024, then sank by 223 bps to 37.04% in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 32.08% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 35.09% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 22.50% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 39.49% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 18.18% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -24.95% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.81% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 41.73% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 143.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.49% |
| Mar 31, 2026 | 39.49% |
| Dec 31, 2025 | -37.04% |
| Dec 31, 2025 | -37.04% |
| Sep 30, 2025 | 27.79% |
| Sep 30, 2025 | 27.79% |
| Jun 30, 2025 | 36.59% |
| Jun 30, 2025 | 36.59% |
| Mar 31, 2025 | 29.48% |
| Mar 31, 2025 | 29.48% |
| Dec 31, 2024 | 30.23% |
| Dec 31, 2024 | 30.23% |
| Sep 30, 2024 | 28.48% |
| Sep 30, 2024 | 28.48% |
| Jun 30, 2024 | 28.44% |
| Jun 30, 2024 | 28.44% |
| Mar 31, 2024 | 30.10% |
| Mar 31, 2024 | 30.10% |
| Dec 31, 2023 | 20.19% |
| Dec 31, 2023 | 20.19% |