Occidental Petroleum Debt-to-Equity Ratio Growth & History (OXY)
Occidental Petroleum's debt-to-equity ratio was 0.67 for fiscal 2025.
View full Occidental Petroleum company overviewOccidental Petroleum annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.67 | −0.14 | −17.53% |
| 2024 | 2024-12-31 | 0.81 | 0.16 | +23.76% |
| 2023 | 2023-12-31 | 0.66 | −0.05 | −7.29% |
| 2022 | 2022-12-31 | 0.71 | −0.82 | −53.52% |
| 2021 | 2021-12-31 | 1.52 | −0.50 | −24.84% |
| 2020 | 2020-12-31 | 2.03 | 0.85 | +71.76% |
| 2019 | 2019-12-31 | 1.18 | 0.70 | +144.05% |
| 2018 | 2018-12-31 | 0.48 | — | — |
| 2016 | 2016-12-31 | 0.46 | 0.12 | +33.92% |
| 2015 | 2015-12-31 | 0.34 | 0.15 | +74.37% |
| 2014 | 2014-12-31 | 0.20 | 0.03 | +21.57% |
| 2013 | 2013-12-31 | 0.16 | −0.03 | −15.54% |
| 2012 | 2012-12-31 | 0.19 | 0.03 | +22.07% |
| 2011 | 2011-12-31 | 0.16 | −0.00 | −0.81% |
| 2010 | 2010-12-31 | 0.16 | 0.06 | +63.65% |
| 2009 | 2009-12-31 | 0.10 | −0.00 | −4.36% |
| 2008 | 2008-12-31 | 0.10 | — | — |
Occidental Petroleum quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.37 | −0.33 | −46.99% |
| Q1 2026 | 2026-03-31 | 0.45 | −0.32 | −41.86% |
| Q4 2025 | 2025-12-31 | 0.67 | −0.14 | −17.53% |
| Q3 2025 | 2025-09-30 | 0.65 | −0.12 | −15.80% |
| Q2 2025 | 2025-06-30 | 0.69 | 0.03 | +3.98% |
| Q1 2025 | 2025-03-31 | 0.77 | 0.07 | +10.39% |
| Q4 2024 | 2024-12-31 | 0.81 | 0.16 | +23.76% |
| Q3 2024 | 2024-09-30 | 0.77 | 0.04 | +5.94% |
| Q2 2024 | 2024-06-30 | 0.67 | −0.06 | −8.62% |
| Q1 2024 | 2024-03-31 | 0.70 | −0.02 | −3.08% |
| Q4 2023 | 2023-12-31 | 0.66 | −0.05 | −7.29% |
| Q3 2023 | 2023-09-30 | 0.73 | −0.06 | −7.56% |
| Q2 2023 | 2023-06-30 | 0.73 | −0.12 | −13.86% |
| Q1 2023 | 2023-03-31 | 0.72 | −0.40 | −35.59% |
| Q4 2022 | 2022-12-31 | 0.71 | −0.82 | −53.52% |
| Q3 2022 | 2022-09-30 | 0.79 | −0.94 | −54.42% |
| Q2 2022 | 2022-06-30 | 0.85 | −1.20 | −58.51% |
| Q1 2022 | 2022-03-31 | 1.11 | −0.93 | −45.52% |
| Q4 2021 | 2021-12-31 | 1.52 | −0.50 | −24.84% |
| Q3 2021 | 2021-09-30 | 1.72 | −0.29 | −14.42% |
| Q2 2021 | 2021-06-30 | 2.04 | 0.33 | +19.36% |
| Q1 2021 | 2021-03-31 | 2.04 | 0.76 | +59.59% |
| Q4 2020 | 2020-12-31 | 2.03 | 0.85 | +71.76% |
| Q3 2020 | 2020-09-30 | 2.02 | 0.66 | +48.85% |
| Q2 2020 | 2020-06-30 | 1.71 | 1.20 | +233.38% |
| Q1 2020 | 2020-03-31 | 1.28 | 0.76 | +146.77% |
| Q4 2019 | 2019-12-31 | 1.18 | 0.70 | +144.05% |
| Q3 2019 | 2019-09-30 | 1.35 | 0.87 | +182.11% |
| Q2 2019 | 2019-06-30 | 0.51 | 0.02 | +4.29% |
| Q1 2019 | 2019-03-31 | 0.52 | 0.02 | +4.35% |
| Q4 2018 | 2018-12-31 | 0.48 | — | — |
| Q3 2018 | 2018-09-30 | 0.48 | 0.00 | +0.96% |
| Q2 2018 | 2018-06-30 | 0.49 | 0.03 | +5.50% |
| Q1 2018 | 2018-03-31 | 0.50 | 0.03 | +6.77% |
| Q3 2017 | 2017-09-30 | 0.48 | 0.10 | +27.20% |
| Q2 2017 | 2017-06-30 | 0.47 | 0.11 | +29.49% |
| Q1 2017 | 2017-03-31 | 0.47 | 0.15 | +45.70% |
| Q4 2016 | 2016-12-31 | 0.46 | 0.12 | +33.92% |
| Q3 2016 | 2016-09-30 | 0.37 | 0.09 | +34.04% |
| Q2 2016 | 2016-06-30 | 0.36 | 0.11 | +44.18% |
| Q1 2016 | 2016-03-31 | 0.32 | 0.12 | +59.76% |
| Q4 2015 | 2015-12-31 | 0.34 | 0.15 | +74.37% |
| Q3 2015 | 2015-09-30 | 0.28 | 0.08 | +43.71% |
| Q2 2015 | 2015-06-30 | 0.25 | 0.09 | +58.42% |
| Q1 2015 | 2015-03-31 | 0.20 | 0.04 | +25.16% |
| Q4 2014 | 2014-12-31 | 0.20 | 0.03 | +21.57% |
| Q3 2014 | 2014-09-30 | 0.19 | 0.02 | +9.80% |
| Q2 2014 | 2014-06-30 | 0.16 | −0.02 | −13.55% |
| Q1 2014 | 2014-03-31 | 0.16 | −0.03 | −14.24% |
| Q4 2013 | 2013-12-31 | 0.16 | −0.03 | −15.54% |
| Q3 2013 | 2013-09-30 | 0.18 | −0.01 | −6.17% |
| Q2 2013 | 2013-06-30 | 0.18 | −0.01 | −5.20% |
| Q1 2013 | 2013-03-31 | 0.19 | 0.03 | +23.04% |
| Q4 2012 | 2012-12-31 | 0.19 | 0.03 | +22.07% |
| Q3 2012 | 2012-09-30 | 0.19 | 0.03 | +17.03% |
| Q2 2012 | 2012-06-30 | 0.19 | 0.07 | +59.43% |
| Q1 2012 | 2012-03-31 | 0.15 | 0.01 | +7.45% |
| Q4 2011 | 2011-12-31 | 0.16 | −0.00 | −0.81% |
| Q3 2011 | 2011-09-30 | 0.16 | 0.08 | +103.12% |
| Q2 2011 | 2011-06-30 | 0.12 | 0.04 | +47.52% |
| Q1 2011 | 2011-03-31 | 0.14 | 0.05 | +62.79% |
| Q4 2010 | 2010-12-31 | 0.16 | 0.06 | +63.65% |
| Q3 2010 | 2010-09-30 | 0.08 | −0.02 | −19.16% |
| Q2 2010 | 2010-06-30 | 0.08 | −0.04 | −34.45% |
| Q1 2010 | 2010-03-31 | 0.09 | — | — |
| Q4 2009 | 2009-12-31 | 0.10 | −0.00 | −4.36% |
| Q3 2009 | 2009-09-30 | 0.10 | — | — |
| Q2 2009 | 2009-06-30 | 0.12 | — | — |
| Q4 2008 | 2008-12-31 | 0.10 | — | — |
Occidental Petroleum debt-to-equity ratio trends
Over the last five fiscal years, Occidental Petroleum's debt-to-equity ratio decreased from 2.03 to 0.67, a change of −1.36. The latest reported quarter, Q2 2026, shows 0.37.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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