• Occidental Petroleum average pre-tax profit margin for 2023 was 27.87%, a 15.7% decline from 2022.
• Occidental Petroleum average pre-tax profit margin for 2022 was 33.06%, a 244.81% decline from 2021.
• Occidental Petroleum average pre-tax profit margin for 2021 was -22.83%, a 59.71% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.