Occidental Petroleum Corporation (OXY)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	4,954,000	5,264,000	8,891,000	8,874,000	9,693,000	10,792,000	9,622,000	12,804,000	14,025,000	13,951,000	12,087,000	7,967,000	5,162,000	1,651,000	-3,707,000	-13,638,000	-15,636,000	-15,316,000	-11,988,000	-1,605,000
Revenue (ttm)	US$ in thousands	26,725,000	27,137,000	27,122,000	27,007,000	28,257,000	29,304,000	31,536,000	35,510,000	36,634,000	36,328,000	33,730,000	29,012,000	25,956,000	22,203,000	19,519,000	16,489,000	17,606,000	19,728,000	21,307,000	22,799,000
Operating profit margin		18.54%	19.40%	32.78%	32.86%	34.30%	36.83%	30.51%	36.06%	38.28%	38.40%	35.83%	27.46%	19.89%	7.44%	-18.99%	-82.71%	-88.81%	-77.64%	-56.26%	-7.04%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,954,000K ÷ $26,725,000K
= 18.54%

Occidental Petroleum Corporation's operating profit margin has shown significant fluctuations over the given period. The company experienced negative operating profit margins in the range of -88.81% to -7.04% during the first part of the dataset, indicating challenges in generating profits from its core operations.

However, there was a notable turnaround starting from the third quarter of 2021, with the operating profit margin improving to positive figures. This positive trend continued, reaching a peak of 38.40% by the end of the third quarter of 2022.

Subsequently, there was some fluctuation in the operating profit margin, but the company managed to maintain levels above 30% until the end of June 2024. Occidental Petroleum Corporation's operating profit margin then decreased slightly to 18.54% by the end of December 2024.

Overall, the increasing trend in operating profit margin from negative levels to positive values indicates improved operational efficiency and financial performance for Occidental Petroleum Corporation during the analyzed period.