Occidental Petroleum Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	21,593	26,725	28,257	36,634	25,956
Other Revenue	482	-	-	-	-
Revenue	22,075	26,725	28,257	36,634	25,956
Revenue Growth (YoY)	-17.40%	-5.42%	-22.87%	41.14%	45.75%
Cost of Revenue	6,517	9,804	11,283	12,063	9,659
Gross Profit	15,558	16,921	16,974	24,571	16,297
Selling, General & Admin	986	1,062	1,083	945	863
Other Operating Expenses	2,586	2,620	2,431	2,819	2,070
Operating Expenses	11,354	11,662	11,000	10,906	11,914
Operating Income	4,204	5,259	5,974	13,665	4,383
Interest Expense	-1,079	-1,175	-945	-713	-1,492
Interest & Investment Income	-	171	139	153	166
Earnings From Equity Investments	76	862	534	793	631
Other Non Operating Income (Expenses)	-	-22	-	-	-
EBT Excluding Unusual Items	3,201	5,095	5,702	13,898	3,688
Merger & Restructuring Charges	-13	-84	-26	-89	-153
Gain (Loss) on Sale of Investments	-	-	-29	-	-
Gain (Loss) on Sale of Assets	-	-16	522	308	192
Asset Writedown	-60	-	-	-	-22
Legal Settlements	-	-925	-	-	-
Other Unusual Items	-	-	260	-	-
Pretax Income	3,128	4,070	6,429	14,117	3,705
Income Tax Expense	1,021	1,174	1,733	813	915
Earnings From Continuing Operations	2,107	2,896	4,696	13,304	2,790
Earnings From Discontinued Operations	262	182	-	-	-468
Net Income to Company	2,369	3,078	4,696	13,304	2,322
Minority Interest in Earnings	-43	22	-	-	-
Net Income	2,326	3,100	4,696	13,304	2,322
Preferred Dividends & Other Adjustments	679	692	946	883	810
Net Income to Common	1,647	2,408	3,750	12,421	1,512
Net Income Growth	-24.97%	-33.99%	-64.70%	472.95%	-
Shares Outstanding (Basic)	998	912	889	926	935
Shares Outstanding (Diluted)	1,023	967	961	1,002	959
Shares Change (YoY)	5.78%	0.65%	-4.10%	4.51%	4.37%
EPS (Basic)	1.65	2.64	4.22	13.41	1.62
EPS (Diluted)	1.61	2.44	3.90	12.40	1.57
EPS Growth	-34.14%	-37.40%	-68.52%	689.00%	-
Free Cash Flow	4,105	4,092	5,674	11,673	7,564
Free Cash Flow Per Share	4.01	4.23	5.91	11.65	7.89
Dividend Per Share	-	0.880	0.720	0.520	0.040
Dividend Growth	-	22.22%	38.46%	1200.00%	-95.12%
Gross Margin	70.48%	63.31%	60.07%	67.07%	62.79%
Operating Margin	19.04%	19.68%	21.14%	37.30%	16.89%
Profit Margin	7.46%	9.01%	13.27%	33.91%	5.83%
Free Cash Flow Margin	18.60%	15.31%	20.08%	31.86%	29.14%
EBITDA	11,737	12,964	13,019	20,591	13,112
EBITDA Margin	53.17%	48.51%	46.07%	56.21%	50.52%
D&A For EBITDA	7,533	7,705	7,045	6,926	8,729
EBIT	4,204	5,259	5,974	13,665	4,383
EBIT Margin	19.04%	19.68%	21.14%	37.30%	16.89%
Effective Tax Rate	32.64%	28.84%	26.96%	5.76%	24.70%
Revenue as Reported	22,075	26,880	28,918	37,095	26,314

Source: S&P Global Market Intelligence. Standard template. Financial Sources.