Occidental Petroleum (FRA:OPC) ROE %: 35.92% (As of Mar. 2026) — 346% Above Median


FRA:OPC Occidental Petroleum Corp FRA:OPC
57 GF Score
Price €44.74
GF Value €39.55
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Occidental Petroleum ROE %?

Occidental Petroleum FRA:OPC -0.53% 57 ROE % is 35.92% as of Mar. 2026, which is 346% above its 10-year median of 8.06. GuruFocus rates FRA:OPC with a GF Score™ of 57/100 and a GF Value™ of €39.55 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 957 Oil & Gas companies, Occidental Petroleum ranks better than 72.2% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Occidental Petroleum's annualized net income for the quarter that ended in Mar. 2026 was €11,574 Mil. Occidental Petroleum's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €32,225 Mil. Therefore, Occidental Petroleum's annualized ROE % for the quarter that ended in Mar. 2026 was 35.92%.

The historical rank and industry rank for Occidental Petroleum's ROE % or its related term are showing as below:

FRA:OPC' s ROE % Range Over the Past 10 Years
Min: -56.17   Med: 8.06   Max: 52.78
Current: 13.03

During the past 13 years, Occidental Petroleum's highest ROE % was 52.78%. The lowest was -56.17%. And the median was 8.06%.

FRA:OPC's ROE % is ranked better than
72.2% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs FRA:OPC: 13.03

Occidental Petroleum  (FRA:OPC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=11573.7/32224.608
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11573.7 / 18095.8)*(18095.8 / 70748.102)*(70748.102 / 32224.608)
=Net Margin %*Asset Turnover*Equity Multiplier
=63.96 %*0.2558*2.1955
=ROA %*Equity Multiplier
=16.36 %*2.1955
=35.92 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=11573.7/32224.608
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (11573.7 / 1349.4) * (1349.4 / 3207.42) * (3207.42 / 18095.8) * (18095.8 / 70748.102) * (70748.102 / 32224.608)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 8.5769 * 0.4207 * 17.72 % * 0.2558 * 2.1955
=35.92 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Occidental Petroleum ROE % Related Terms


Occidental Petroleum ROE % Historical Data

* Premium members only.

The historical data trend for Occidental Petroleum's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Occidental Petroleum ROE % Chart

Occidental Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 54.15 15.34 9.67 6.27

Occidental Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.70 5.04 9.14 1.13 35.92

FRA:OPC vs FANG, DVN, EOG: ROE % Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Occidental Petroleum ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Occidental Petroleum's ROE % distribution charts can be found below:

* The bar in red indicates where Occidental Petroleum's ROE % falls into.


FRA:OPC
57GF Score
Occidental Petroleum Corp FRA:OPC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Occidental Petroleum ROE % Calculation

Occidental Petroleum's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1986.404/( (32621.845+30773.036)/ 2 )
=1986.404/31697.4405
=6.27 %

Occidental Petroleum's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=11573.7/( (30773.036+33676.18)/ 2 )
=11573.7/32224.608
=35.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 35.92% mean?
Occidental Petroleum (FRA:OPC) has a ROE % of 35.92% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Occidental Petroleum and its competitors. This is 346% above median its historical median of 8.06. According to the industry distribution chart, Occidental Petroleum ranks #266 out of 957 companies in the Oil & Gas industry, placing it in the top 27.8%.
Is Occidental Petroleum's ROE % too high?
Occidental Petroleum's current ROE % of 35.92% is 346% above median its 10-year median of 8.06. The Oil & Gas industry median ROE % is 5.71. Occidental Petroleum's value of 35.92% is 529.1% above this industry median. Based on the distribution chart, Occidental Petroleum ranks #266 out of 957 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Occidental Petroleum has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Occidental Petroleum's ROE % compare to FANG and DVN?
According to the Oil & Gas industry distribution chart, Occidental Petroleum ranks #266 out of 957 companies for ROE %. This puts Occidental Petroleum in the upper half of its industry. The industry median ROE % is 5.71. Occidental Petroleum's value of 35.92% is 529.1% above this benchmark. While the company's 10-year median is 8.06 vs. the industry median of 5.71, Occidental Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Occidental Petroleum's current ROE % of 35.92% is 529.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Occidental Petroleum and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Occidental Petroleum's current ROE % is 35.92%, which is 346% above median its own 10-year median of 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Occidental Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Occidental Petroleum (FRA:OPC) is currently considered Modestly Overvalued. The stock's GF Value™ is €39.55, compared to a current price of €44.74 — trading 13.1% above its estimated fair value. The current ROE % is 35.92%, which is 346% above median its 10-year median of 8.06 and 529.1% above the Oil & Gas industry median of 5.71. Occidental Petroleum's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Occidental Petroleum (FRA:OPC), the current ROE % is 35.92% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Occidental Petroleum (FRA:OPC) Overvalued in 2026?

Based on GuruFocus' analysis, Occidental Petroleum stock appears to be overvalued. The current stock price of €44.74 is trading 13.1% above its estimated GF Value™ of €39.55. GuruFocus considers Occidental Petroleum to be Modestly Overvalued.

Key valuation signals for FRA:OPC:

  • ROE %: 35.92% (346% above median its 10-year median of 8.06)
  • GF Value™: €39.55 vs. price of €44.74 (13.1% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 529.1% above the Oil & Gas median (#266 of 957)

No single metric tells the full story. See the FRA:OPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Occidental Petroleum Business Description

Industry EnergyOil & Gas
Address 5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2025, the company reported net proved reserves of 4.6 billion barrels of oil equivalent. Net production averaged 1.4 million barrels of oil equivalent per day in 2025 at a ratio of roughly 74% oil and natural gas liquids and 26% natural gas.
57GF Score

Get the complete analysis for FRA:OPC

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€44.74
Price
€39.55
GF Value