OCCIDENTAL PETROLEUM CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.59B | $22.02B | $23.16B | $36.63B | $25.96B | $17.81B | $20.91B | $17.82B |
| Cost of Revenue | — | $3.12B | $3.12B | $3.27B | $2.77B | $2.41B | $2.79B | $2.83B |
| Gross Profit | — | $18.90B | $20.04B | $33.36B | $23.18B | $15.40B | $18.12B | $14.99B |
| Gross Margin | — | 85.8% | 86.5% | 91.1% | 89.3% | 86.5% | 86.7% | 84.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $986.0M | $960.0M | $987.0M | $945.0M | $863.0M | $864.0M | $893.0M | $585.0M |
| Operating Income | $3.13B | $4.02B | $4.66B | $14.12B | $3.71B | $-15.71B | $354.0M | $5.61B |
| Operating Margin | 14.5% | 18.3% | 20.1% | 38.5% | 14.3% | -88.2% | 1.7% | 31.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $3.13B | $4.02B | $4.66B | $14.12B | $3.71B | $-15.71B | $354.0M | $5.61B |
| Income Tax Expense | $1.02B | $1.16B | $1.33B | $813.0M | $915.0M | $-2.17B | $861.0M | $1.48B |
| Net Income | $2.37B | $3.08B | $4.70B | $13.30B | $2.32B | $-14.83B | $-985.0M | $4.13B |
| Net Margin | 11.0% | 14.0% | 20.3% | 36.3% | 8.9% | -83.3% | -4.7% | 23.2% |
| EPS (Basic) | $1.65 | $2.59 | $4.22 | $13.41 | $1.62 | $-17.06 | $-1.22 | $5.40 |
| EPS (Diluted) | $1.61 | $2.44 | $3.90 | $12.40 | $1.58 | $-17.06 | $-1.22 | $5.39 |
| Shares Outstanding (Basic) | 975.5M | 911.8M | 889.2M | 926.2M | 935.0M | 918.7M | 809.5M | 761.7M |
| Shares Outstanding (Diluted) | 1.00B | 967.1M | 960.9M | 1.00B | 958.8M | 918.7M | 809.5M | 763.3M |
| Dividends Per Share | $0.96 | $0.88 | $0.72 | $0.52 | $0.04 | $0.82 | $3.14 | $3.10 |