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Occidental Petroleum Corp
NYSE:OXY

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Occidental Petroleum Corp Logo
Occidental Petroleum Corp
NYSE:OXY
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Price: 63.06 USD 0.24% Market Closed
Updated: May 15, 2024

Gross Margin
Occidental Petroleum Corp

59.6%
Current
62%
Average
35.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.6%
=
Gross Profit
16.1B
/
Revenue
27B

Gross Margin Across Competitors

Country US
Market Cap 55.9B USD
Gross Margin
60%
Country SA
Market Cap 7.2T SAR
Gross Margin
57%
Country US
Market Cap 464B USD
Gross Margin
30%
Country US
Market Cap 302.2B USD
Gross Margin
40%
Country CN
Market Cap 1.8T CNY
Gross Margin
16%
Country UK
Market Cap 186.7B GBP
Gross Margin
25%
Country NL
Market Cap 184.9B USD
Gross Margin
21%
Country FR
Market Cap 158.6B EUR
Gross Margin
35%
Country UK
Market Cap 84.5B GBP
Gross Margin
30%
Country CN
Market Cap 760.3B CNY
Gross Margin
8%
Country BR
Market Cap 528.9B BRL
Gross Margin
48%

Profitability Report

View the profitability report to see the full profitability analysis for Occidental Petroleum Corp.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.6%
=
Gross Profit
16.1B
/
Revenue
27B
What is the Gross Margin of Occidental Petroleum Corp?

Based on Occidental Petroleum Corp's most recent financial statements, the company has Gross Margin of 59.6%.