Occidental Petroleum Operating Margin 2010-2025 | OXY
- Occidental Petroleum average operating margin for 2024 was 20.25%, a 26.92% decline from 2023.
- Occidental Petroleum average operating margin for 2023 was 27.71%, a 15% decline from 2022.
- Occidental Petroleum average operating margin for 2022 was 32.6%, a 232.14% decline from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.