Operating Income

Gross Profit

Occidental Petroleum Gross Profit increased by 4.4% to $5.81B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $6.28B to $5.81B. Over 3 years (FY 2021 to FY 2024), Gross Profit shows a downward trend with a -6.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2025Nov 10, 2025

How to read this metric

An increase suggests improved manufacturing efficiency, favorable product mix, or higher pricing power, while a decrease may indicate rising raw material costs, supply chain inefficiencies, or competitive pricing pressure.

Detailed definition

Gross profit represents the residual earnings a company retains after deducting the direct costs associated with produci...

Peer comparison

Peers in the medical device and diagnostics sector typically maintain high gross margins due to intellectual property and specialized manufacturing, though these vary based on the specific product mix of nutritionals versus high-tech devices.

Metric ID: gross_profit

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$5.28B$6.06B$7.14B$7.53B$9.84B$8.56B$7.43B$6.48B$5.91B$6.48B$1.17B$5.15B$5.91B$6.28B$1.56B$4.90B$5.57B$5.81B
QoQ Change+14.7%+17.8%+5.4%+30.7%-13.1%-13.1%-12.8%-8.8%+9.6%-81.9%+338.8%+14.8%+6.4%-75.2%+214.3%+13.5%+4.4%
YoY Change+86.3%+41.1%+4.1%-14.0%-39.9%-24.3%-84.2%-20.6%-0.1%-3.0%+33.0%-4.7%-5.8%-7.5%
Range$1.17B$9.84B
CAGR+2.3%
Avg YoY Growth-2.8%
Median YoY Growth-5.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is Occidental Petroleum's gross profit?
Occidental Petroleum (OXY) reported gross profit of $5.81B in Q3 2025.
How has Occidental Petroleum's gross profit changed year-over-year?
Occidental Petroleum's gross profit decreased by 7.5% year-over-year, from $6.28B to $5.81B.
What is the long-term trend for Occidental Petroleum's gross profit?
Over 3 years (2021 to 2024), Occidental Petroleum's gross profit has grown at a -6.6% compound annual growth rate (CAGR), from $23.18B to $18.90B.
What does gross profit mean?
The total revenue earned from sales minus the direct costs required to manufacture and deliver those products.