Currently, Occidental Petroleum has a gross margin of 40.4%, an operating margin of 27.9%, an EBITDA margin of 76.7%, and a net margin of 32.7%. Each available margin improved from the same period last year. Net margin recorded the strongest gain, increasing by 20.9 percentage points.
OXY margin history
Occidental Petroleum's margins averaged 33.87% gross, 20.73% operating, 59.48% EBITDA, and 17.93% net during the last 3 years. Currently all four current margins are above their three-year averages.
OXY margin expansion
Year over year, gross, operating, EBITDA, and net margins all increased, with net margin showing the largest gain at 20.9 percentage points.
OXY Gross margin
Throughout the last 3 years, Occidental Petroleum had an average gross margin of 33.87%. Against its three-year average, Occidental Petroleum's gross margin is currently 40.4%, 6.5 percentage points above its three-year average. Looking back over the last 3 years, Occidental Petroleum's gross margin reached 40.4% at its highest point in Jun 2026 and 31.5% at its lowest in Mar 2026.
OXY Operating margin
Occidental Petroleum's operating margin averaged 20.73% during the last 3 years. The current operating margin stands at 27.9%, 7.2 percentage points above its three-year average. Over the last 3 years, Occidental Petroleum's operating margin peaked at 27.9% in Jun 2026 and reached a low of 16.4% in Mar 2026.
OXY EBITDA margin
Occidental Petroleum's EBITDA margin averaged 59.48% across the past 3 years. Occidental Petroleum's current EBITDA margin is 76.7% and is 17.2 percentage points above its three-year average. Over the last 3 years, Occidental Petroleum's EBITDA margin peaked at 76.7% in Jun 2026 and reached a low of 51.1% in Sep 2023.
OXY Net margin
Over the last 3 years, the average net margin for Occidental Petroleum was 17.93%. The latest net margin for Occidental Petroleum is 32.7%, 14.8 percentage points above its three-year average. Occidental Petroleum's net margin ranged from a low of 10.5% in Sep 2025 to a high of 32.7% in Jun 2026.
OXY margin group comparison
Occidental Petroleum's gross margin of 40.4% is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 42.7%, Occidental Petroleum's gross margin is 5% lower.
OXY margin peer comparison
Frequently asked questions
What is Occidental Petroleum's gross margin?
As of Jun 30, 2026, OXY has a gross margin of 40.4%.
What is Occidental Petroleum's operating margin?
As of Jun 30, 2026, OXY has an operating margin of 27.9%.
What is Occidental Petroleum's EBITDA margin?
As of Jun 30, 2026, OXY has an EBITDA margin of 76.7%.
What is Occidental Petroleum's net margin?
For the period ending Jun 30, 2026, OXY recorded a net margin of 32.7%.
What are the average margins of OXY?
Over the past 3 years, OXY reported average margins of 33.9% gross, 20.7% operating, 59.5% EBITDA, and 17.9% net.
What are the highest historical margins of OXY?
In the last 5 years, the highest margins reported by OXY were 44.8% gross in Sep 2022, 37.8% operating in Dec 2022, 76.7% EBITDA in Jun 2026, and 35.9% net in Dec 2022.
What are the lowest historical margins of OXY?
Across the 5-year period, OXY posted its lowest margins at 15.8% gross in Sep 2021, 4.3% operating in Sep 2021, 44.9% EBITDA in Sep 2021, and -1.5% net in Sep 2021.