Occidental Petroleum Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $21.59B | $22.02B | $23.16B | $37.12B | $26.26B | $17.81B | $20.39B |
| Oil and Gas | — | — | — | — | $24.96B | $18.74B | $11.94B | $13.28B |
| Chemical | — | — | — | — | $6.56B | $5.18B | $3.77B | $3.89B |
| Midstream and Marketing | — | — | — | — | $6.38B | $2.88B | $2.49B | $3.75B |
| Eliminations | — | — | — | — | $-785.0M | $-533.0M | $-391.0M | $-520.0M |
| Cost of Revenue | — | — | $3.12B | $3.12B | $3.27B | $2.77B | $2.41B | $2.79B |
| Gross Profit | — | — | $18.90B | $20.04B | $33.85B | $23.49B | $15.40B | $17.60B |
| Gross Margin | — | — | 85.8% | 86.5% | 91.2% | 89.4% | 86.5% | 86.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $986.0M | $960.0M | $987.0M | $945.0M | $863.0M | $864.0M | $893.0M |
| Operating Income | — | $3.13B | $4.02B | $4.66B | $14.12B | $3.71B | $-15.71B | $354.0M |
| Operating Margin | — | 14.5% | 18.3% | 20.1% | 38.0% | 14.1% | -88.2% | 1.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $3.13B | $4.02B | $4.66B | $14.12B | $3.71B | $-15.71B | $354.0M |
| Income Tax Expense | — | $1.02B | $1.16B | $1.33B | $813.0M | $915.0M | $-2.17B | $861.0M |
| Net Income | — | $2.37B | $3.08B | $4.70B | $13.30B | $2.32B | $-14.83B | $-985.0M |
| Net Margin | — | 11.0% | 14.0% | 20.3% | 35.8% | 8.8% | -83.3% | -4.8% |
| EPS (Basic) | — | $1.65 | $2.59 | $4.22 | $13.41 | $1.62 | $-17.06 | $-1.22 |
| EPS (Diluted) | — | $1.61 | $2.44 | $3.90 | $12.40 | $1.58 | $-17.06 | $-1.22 |
| Shares Outstanding (Basic) | 986.3M | 975.5M | 911.8M | 889.2M | 926.2M | 935.0M | 918.7M | 809.5M |
| Shares Outstanding (Diluted) | 986.3M | 1.00B | 967.1M | 960.9M | 1.00B | 958.8M | 918.7M | 809.5M |
| Dividends Per Share | — | $0.96 | $0.88 | $0.72 | $0.52 | $0.04 | $0.82 | $3.14 |