Occidental Petroleum
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Occidental Petroleum's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $28,257,000,000. Profit margin reached 17%. Total operating expenses were $10,109,000,000.
Profit Margin
| 2014 | 19.31B | 616M | 3.19% |
|---|---|---|---|
| 2015 | 12.48B | -7.82B | -62.73% |
| 2016 | 10.09B | -574M | -5.69% |
| 2017 | 12.50B | 1.31B | 10.48% |
| 2018 | 17.82B | 4.13B | 23.18% |
| 2019 | 20.39B | -507M | -2.49% |
| 2020 | 17.80B | -13.53B | -75.99% |
| 2021 | 25.95B | 2.32B | 8.95% |
| 2022 | 36.63B | 13.30B | 36.32% |
| 2023 | 28.25B | 4.69B | 16.62% |
OXY Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 28.25B | 36.63B | 25.95B | 17.80B | 20.39B | 17.82B | 12.50B | 10.09B | 12.48B | 19.31B |
Cost of revenue | 18.14B | 18.98B | 18.10B | 16.56B | 14.31B | 10.54B | 9.59B | 9.45B | 10.34B | 11.06B |
Gross profit | 10.10B | 17.64B | 7.85B | 1.24B | 6.07B | 7.27B | 2.91B | 633M | 2.13B | 8.24B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 10.10B | 3.98B | 3.18B | 2.50B | 3.26B | 2.16B | 1.81B | 1.66B | 1.64B | 2.20B |
Operating income | 5.97B | 14.61B | 5.46B | -770M | 3.40B | 5.99B | 1.67B | -944M | -9.01B | 2.37B |
Other income (expenses), net | 455M | -494M | -1.75B | -2.17B | -3.21B | 413M | -702M | -623M | -672M | -1.15B |
Income before tax | 6.42B | 14.11B | 3.70B | -15.70B | 186M | 5.27B | 971M | -1.84B | -9.68B | 1.22B |
Income tax expense | 1.73B | 813M | 915M | -2.17B | 693M | 1.47B | 17M | -662M | -1.33B | 1.68B |
Net income | 4.69B | 13.30B | 2.32B | -13.53B | -507M | 4.13B | 1.31B | -574M | -7.82B | 616M |
Earnings per share | ||||||||||
Basic EPS | 4.22 | 13.41 | 2.48 | -14.73 | -0.63 | 5.42 | 1.71 | -0.75 | -10.23 | 0.79 |
Diluted EPS | 3.9 | 12.4 | 2.42 | -14.73 | -0.63 | 5.41 | 1.7 | -0.75 | -10.23 | 0.79 |
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