Occidental Petroleum Corporation (BVMF:OXYP34)

Occidental Petroleum Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	26,601	26,725	28,257	36,634	25,956	17,809
Revenue Growth (YoY)	-1.98%	-5.42%	-22.87%	41.14%	45.75%	-14.83%
Cost of Revenue	9,689	9,804	11,283	12,063	9,659	8,468
Gross Profit	16,912	16,921	16,974	24,571	16,297	9,341
Selling, General & Admin	1,104	1,062	1,083	945	863	864
Other Operating Expenses	2,842	2,620	2,431	2,819	2,070	1,484
Operating Expenses	12,444	11,662	11,000	10,906	11,914	17,676
Operating Income	4,468	5,259	5,974	13,665	4,383	-8,335
Interest Expense	-1,191	-1,175	-945	-713	-1,492	-1,852
Interest & Investment Income	203	171	139	153	166	118
Earnings From Equity Investments	486	862	534	793	631	370
Other Non Operating Income (Expenses)	-22	-22	-	-	-	5
EBT Excluding Unusual Items	3,944	5,095	5,702	13,898	3,688	-9,694
Merger & Restructuring Charges	-22	-84	-26	-89	-153	-339
Impairment of Goodwill	-	-	-	-	-	-1,153
Gain (Loss) on Sale of Investments	-	-	-29	-	-	-2,673
Gain (Loss) on Sale of Assets	49	-16	522	308	192	-1,666
Asset Writedown	21	-	-	-	-22	-158
Legal Settlements	-925	-925	-	-	-	-
Other Unusual Items	-	-	260	-	-	-22
Pretax Income	3,067	4,070	6,429	14,117	3,705	-15,705
Income Tax Expense	932	1,174	1,733	813	915	-2,172
Earnings From Continuing Operations	2,135	2,896	4,696	13,304	2,790	-13,533
Earnings From Discontinued Operations	-	182	-	-	-468	-1,298
Net Income to Company	2,135	3,078	4,696	13,304	2,322	-14,831
Minority Interest in Earnings	38	22	-	-	-	-
Net Income	2,173	3,100	4,696	13,304	2,322	-14,831
Preferred Dividends & Other Adjustments	713	692	946	883	810	844
Net Income to Common	1,460	2,408	3,750	12,421	1,512	-15,675
Net Income Growth	-50.74%	-33.99%	-64.70%	472.95%	-	-
Shares Outstanding (Basic)	964	912	889	926	935	919
Shares Outstanding (Diluted)	995	967	961	1,002	959	919
Shares Change (YoY)	3.83%	0.65%	-4.10%	4.51%	4.37%	13.49%
EPS (Basic)	1.52	2.64	4.22	13.41	1.62	-17.06
EPS (Diluted)	1.39	2.44	3.90	12.40	1.57	-17.06
EPS Growth	-63.82%	-37.40%	-68.52%	689.00%	-	-
Free Cash Flow	12,276	4,092	5,674	11,673	7,564	1,420
Free Cash Flow Per Share	12.33	4.23	5.91	11.65	7.89	1.55
Dividend Per Share	0.940	0.880	0.720	0.520	0.040	0.820
Dividend Growth	11.91%	22.22%	38.46%	1200.00%	-95.12%	-73.89%
Gross Margin	63.58%	63.31%	60.07%	67.07%	62.79%	52.45%
Operating Margin	16.80%	19.68%	21.14%	37.30%	16.89%	-46.80%
Profit Margin	5.49%	9.01%	13.27%	33.91%	5.83%	-88.02%
Free Cash Flow Margin	46.15%	15.31%	20.08%	31.86%	29.14%	7.97%
EBITDA	12,693	12,964	13,019	20,591	13,112	6,861
EBITDA Margin	47.72%	48.51%	46.07%	56.21%	50.52%	38.52%
D&A For EBITDA	8,225	7,705	7,045	6,926	8,729	15,196
EBIT	4,468	5,259	5,974	13,665	4,383	-8,335
EBIT Margin	16.80%	19.68%	21.14%	37.30%	16.89%	-46.80%
Effective Tax Rate	30.39%	28.84%	26.96%	5.76%	24.70%	-
Revenue as Reported	26,853	26,880	28,918	37,095	26,314	16,261

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