Occidental Petroleum (OXY) Tax Rate (2009 - 2026)

Occidental Petroleum (OXY) has reported Tax Rate for 18 consecutive years, with 23.37% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Rate fell 1627.0% year-over-year to 23.37% in Q2 2026; TTM through Jun 2026 was 26.72%, a 402.0% decrease from a year earlier, with the FY2025 full-year figure at 32.64%, up 386.0% from the prior year.
• Tax Rate was 23.37% for Q2 2026 at Occidental Petroleum, down from 39.49% in the prior quarter.
• Over five years, Tax Rate peaked at 39.64% in Q2 2025 and troughed at 58.16% in Q1 2022.
• A 5-year average of 19.86% and a median of 27.47% in 2023 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate soared 8532 bps in 2023 and sank 6727 bps in 2025, its largest moves.
• Over 5 years, Tax Rate stood at 19.71% in 2022, then rose by 2 bps to 20.19% in 2023, then surged by 50 bps to 30.23% in 2024, then slumped by 223 bps to 37.04% in 2025, then soared by 163 bps to 23.37% in 2026.
• The last three Tax Rate figures came in at 23.37% (Q2 2026), 39.49% (Q1 2026), and 37.04% (Q4 2025), per Business Quant data.