Income tax expense · 2011–2025

Occidental Petroleum income tax expense

$1.0B−11.8% · FY2025

Occidental Petroleum (OXY) reported $1.0B in income tax expense for fiscal 2025, −11.8% year on year.

$4.2B2011$2.7B2012$3.2B2013$1.7B2014−$1.3B2015−$662M2016$17.0M2017$1.5B2018$861M2019−$2.2B2020$915M2021$813M2022$1.3B2023$1.2B2024$1.0B2025
Occidental Petroleum — Income tax expense, 2011–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-12-31$1.0B−11.8%Open →
FY20242024-12-31$1.2B−12.9%Open →
FY20232023-12-31$1.3B+63.6%Open →
FY20222022-12-31$813M−11.1%Open →
FY20212021-12-31$915M+$3.1BOpen →
FY20202020-12-31−$2.2B−$3.0BOpen →
FY20192019-12-31$861M−41.7%Open →
FY20182018-12-31$1.5B+8,588.2%Open →
FY20172017-12-31$17.0M+$679MOpen →
FY20162016-12-31−$662M+$668MOpen →
FY20152015-12-31−$1.3B−$3.0BOpen →
FY20142014-12-31$1.7B−47.6%Open →
FY20132013-12-31$3.2B+20.9%Open →
FY20122012-12-31$2.7B−36.7%Open →
FY20112011-12-31$4.2B—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth −9.6%

Income tax expense at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Occidental Petroleum income tax expense |url=https://companiesranked.com/en/company/occidental-petroleum/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Occidental Petroleum income tax expense. CompaniesRanked. https://companiesranked.com/en/company/occidental-petroleum/income-tax-expense

BibTeX

@misc{companiesranked-en-company-occidental-petroleum-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Occidental Petroleum income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/occidental-petroleum/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-009059 · February 18, 2026

{{cite web |title=Occidental Petroleum income tax expense — 10-K (0001628280-26-009059) |url=https://www.sec.gov/Archives/edgar/data/797468/000162828026009059/oxy-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-18}}

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