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Occidental Petroleum Corp (NYSE:OXY)
Pretax Income
$9,596 Mil (TTM As of Jun. 2014)

Pretax income is the income that a company earns before paying income taxes. Occidental Petroleum Corp's pretax income for the three months ended in Jun. 2014 was $2,309 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2014 was $9,596 Mil. Occidental Petroleum Corp's pretax margin was 33.73%.

During the past 13 years, Occidental Petroleum Corp's highest Pretax Margin was 46.45%. The lowest was -0.99%. And the median was 30.74%.


Definition

This is the income that a company earns before paying income taxes.

Occidental Petroleum Corp's Pretax Income for the fiscal year that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=9400+-106+0+106+-118
=9,282

Occidental Petroleum Corp's Pretax Income for the quarter that ended in Jun. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2327+-46+0+46+-18
=2,309

Occidental Petroleum Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2014 was 2519 (Sep. 2013 ) + 2514 (Dec. 2013 ) + 2254 (Mar. 2014 ) + 2309 (Jun. 2014 ) = $9,596 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Occidental Petroleum Corp's Pretax Margin for the quarter that ended in Jun. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=2309/6846
=33.73%

During the past 13 years, Occidental Petroleum Corp's highest Pretax Margin was 46.45%. The lowest was -0.99%. And the median was 30.74%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Occidental Petroleum Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 3,8866,5217,4848,57811,3715,0387,35910,4597,3909,282

Occidental Petroleum Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Pretax Income 2,5972,1062,1445432,1072,1422,5192,5142,2542,309
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