Occidental Petroleum Corporation (OXY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.73% | 35.55% | 47.41% | 46.35% | 47.33% | 49.23% | 41.44% | 46.68% | 48.17% | 48.09% | 45.18% | 37.48% | 30.24% | 21.95% | 14.08% | 2.55% | 6.46% | 12.08% | 17.65% | 27.69% |
| 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% |
| Pretax margin | 14.61% | 20.75% | 21.78% | 20.05% | 21.72% | 23.82% | 27.68% | 34.84% | 36.94% | 36.23% | 32.39% | 21.04% | 13.12% | -0.23% | -27.28% | -81.71% | -89.53% | -77.69% | -55.80% | -12.55% |
| Net profit margin | 11.43% | 16.14% | 17.05% | 16.00% | 16.62% | 18.51% | 21.55% | 27.29% | 36.32% | 35.55% | 32.60% | 25.31% | 8.95% | -1.47% | -24.23% | -78.62% | -84.24% | -75.31% | -56.68% | -14.52% |
Occidental Petroleum Corporation's profitability ratios have shown significant fluctuations over the period analyzed.
The Gross Profit Margin of the company has experienced a sharp increase from 27.69% in March 2020 to 48.17% in December 2022, followed by some fluctuations but maintained a relatively healthy level above 35% until December 2024. This indicates an improvement in the company's ability to generate profits from its core operations.
The Operating Profit Margin, which was deeply negative in the first half of 2020, gradually improved and turned positive from September 2021 onwards, reaching a peak of 38.40% in September 2022. Despite some fluctuations, it remained above 18% until the end of 2024, suggesting better operational efficiency and cost management.
The Pretax Margin also exhibited a similar trend, starting from heavily negative values in 2020 and steadily improving to reach 36.94% in December 2022. The margin then declined but stayed above 14% by the end of December 2024, indicating the company's ability to generate profits before taxes.
Lastly, the Net Profit Margin showed improvement over the years, with a consistent increase from negative figures in 2020 to peak at 36.32% in December 2022. Subsequently, it decreased but remained above 10%, signaling a positive net income relative to revenues.
Overall, Occidental Petroleum Corporation's profitability ratios demonstrate an upward trend and improved performance in generating profits from its operations, managing costs effectively, and enhancing overall financial health.
Return on investment
| 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 return on assets (Operating ROA) | 5.80% | 6.13% | 11.67% | 11.95% | 13.10% | 15.02% | 13.51% | 17.88% | 19.32% | 19.34% | 16.29% | 10.73% | 6.88% | 2.18% | -4.64% | -17.19% | -19.53% | -18.14% | -13.40% | -1.58% |
| Return on assets (ROA) | 3.58% | 5.11% | 6.07% | 5.82% | 6.35% | 7.55% | 9.55% | 13.53% | 18.32% | 17.90% | 14.82% | 9.89% | 3.09% | -0.43% | -5.92% | -16.34% | -18.52% | -17.60% | -13.50% | -3.26% |
| Return on total capital | 15.35% | 19.88% | 21.92% | 21.73% | 23.85% | 27.34% | 34.04% | 45.51% | 50.17% | 51.89% | 45.40% | 32.37% | 26.17% | 10.00% | -19.09% | -65.31% | -77.85% | -70.25% | -44.83% | -4.58% |
| Return on equity (ROE) | 8.95% | 12.63% | 14.42% | 14.02% | 15.52% | 18.51% | 23.35% | 32.79% | 44.22% | 44.97% | 39.51% | 29.49% | 11.42% | -1.73% | -25.93% | -70.84% | -79.85% | -74.81% | -51.73% | -10.58% |
Occidental Petroleum Corporation has shown improvement in its profitability ratios over the last few quarters.
- Operating Return on Assets (Operating ROA) has shown a positive trend, increasing from -1.58% in March 2020 to 5.80% in December 2024. This indicates that the company has been able to generate more operating income relative to its total assets.
- Return on Assets (ROA) also displays an upward trend, improving from -3.26% in March 2020 to 3.58% in December 2024. This suggests that Occidental Petroleum has been able to increase its profitability in relation to its assets over the period.
- Return on Total Capital has shown significant improvement, increasing from -77.85% in December 2020 to 15.35% in December 2024. This indicates that the company has been more efficient in generating returns from its total capital employed.
- Return on Equity (ROE) has also exhibited positive growth, rising from -79.85% in December 2020 to 8.95% in December 2024. This suggests that Occidental Petroleum has been effectively utilizing shareholder equity to generate profits.
Overall, Occidental Petroleum's profitability ratios have shown an upward trajectory, indicating improving efficiency and performance in generating returns for both shareholders and investors.
See also:
Occidental Petroleum Corporation Profitability Ratios (Quarterly Data)