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
Revenue	21,593	22,019	23,156	36,634	25,956
Revenue Growth (YoY)	-1.93%	-4.91%	-36.79%	41.14%	45.75%
Cost of Revenue	6,517	6,777	8,274	12,063	9,659
Gross Profit	15,076	15,242	14,882	24,571	16,297
Selling, General & Admin	986	960	987	945	863
Other Operating Expenses	2,586	2,358	2,252	2,819	2,070
Operating Expenses	11,354	10,878	10,309	10,906	11,914
Operating Income	3,722	4,364	4,573	13,665	4,383
Interest Expense	-1,079	-1,169	-957	-713	-1,492
Interest & Investment Income	219	192	153	153	166
Earnings From Equity Investments	76	759	426	793	631
Other Non Operating Income (Expenses)	-60	-22	-	-	-
EBT Excluding Unusual Items	2,878	4,124	4,195	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	263	-16	522	308	192
Asset Writedown	-	-	-	-	-22
Pretax Income	3,128	4,024	4,662	14,117	3,705
Income Tax Expense	1,021	1,158	1,330	813	915
Earnings From Continuing Operations	2,107	2,866	3,332	13,304	2,790
Earnings From Discontinued Operations	262	212	1,364	-	-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	3,056	4,696	13,304	2,322
Preferred Dividends & Other Adjustments	714	692	946	883	810
Net Income to Common	1,612	2,364	3,750	12,421	1,512
Net Income Growth	-23.89%	-34.92%	-64.70%	472.95%	-
Shares Outstanding (Basic)	976	912	889	926	935
Shares Outstanding (Diluted)	1,000	967	961	1,002	959
Shares Change (YoY)	3.41%	0.65%	-4.10%	4.51%	4.37%
EPS (Basic)	1.65	2.59	4.22	13.41	1.62
EPS (Diluted)	1.61	2.45	3.90	12.40	1.57
EPS Growth	-34.18%	-37.28%	-68.52%	689.00%	-
Free Cash Flow	3,825	5,176	6,248	11,673	7,564
Free Cash Flow Per Share	3.83	5.35	6.50	11.65	7.89
Dividend Per Share	0.960	0.880	0.720	0.520	0.040
Dividend Growth	9.09%	22.22%	38.46%	1200.00%	-95.12%
Gross Margin	69.82%	69.22%	64.27%	67.07%	62.79%
Operating Margin	17.24%	19.82%	19.75%	37.30%	16.89%
Profit Margin	7.46%	10.74%	16.20%	33.91%	5.83%
Free Cash Flow Margin	17.71%	23.51%	26.98%	31.86%	29.14%
EBITDA	11,255	11,649	11,202	20,591	13,112
EBITDA Margin	52.12%	52.90%	48.38%	56.21%	50.52%
D&A For EBITDA	7,533	7,285	6,629	6,926	8,729
EBIT	3,722	4,364	4,573	13,665	4,383
EBIT Margin	17.24%	19.82%	19.75%	37.30%	16.89%
Effective Tax Rate	32.64%	28.78%	28.53%	5.76%	24.70%
Revenue as Reported	22,075	22,195	23,831	37,095	26,314

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