Occidental Petroleum
OXY
#356
Rank
$55.55 B
Marketcap
$62.66
Share price
-1.09%
Change (1 day)
6.13%
Change (1 year)
Occidental Petroleum Corporation is an international US company engaged in the exploration and production of oil and gas.

Operating Margin for Occidental Petroleum (OXY)

Operating Margin as of May 2024 (TTM): 38.53%

According to Occidental Petroleum's latest financial reports and stock price the company's current Operating Margin is 38.53%. At the end of 2022 the company had an Operating Margin of 38.54%.

Operating Margin history for Occidental Petroleum from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202238.54%169.97%
202114.27%-116.19%
2020-88.19%-9768.67%
20190.91%-96.92%
201829.61%281.37%
20177.76%-142.45%
2016-18.29%-76.44%
2015-77.60%-1324.29%
20146.34%-83.95%
201339.49%23.72%
201231.92%-26.89%
201143.66%13.66%
201038.41%27.78%
200930.06%-35.28%
200846.45%8.37%
200742.86%-0.59%
200643.12%-1.72%
200543.87%20.03%
200436.55%17.82%
200331.02%43.62%
200221.60%72.71%
200112.51%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
51.77% 34.36%๐Ÿ‡บ๐Ÿ‡ธ USA
30.86%-19.91%๐Ÿ‡บ๐Ÿ‡ธ USA
33.57%-12.87%๐Ÿ‡บ๐Ÿ‡ธ USA
39.59% 2.75%๐Ÿ‡บ๐Ÿ‡ธ USA
23.18%-39.84%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97%-48.17%๐Ÿ‡บ๐Ÿ‡ธ USA
19.83%-48.53%๐Ÿ‡บ๐Ÿ‡ธ USA
40.56% 5.27%๐Ÿ‡บ๐Ÿ‡ธ USA
32.50%-15.65%๐Ÿ‡บ๐Ÿ‡ธ USA
12.66%-67.14%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.