Occidental Petroleum Corporation (OXY) FCF Payout Ratio: 26.80%
Is Occidental Petroleum Corporation’s FCF payout ratio high or low?
Occidental Petroleum Corporation's FCF payout ratio of 26.80% is 34% below its 5-year average of 40.76%, near the low end of its 5-year range (9.50%–129.93%).
The FCF payout ratio for Occidental Petroleum Corporation (OXY) is 26.80%. It is below its 12-month average by 25.08% (35.77%).
OXY FCF Payout Ratio Chart
OXY Average FCF Payout Ratio Chart
OXY Current vs Average FCF Payout Ratio Chart
OXY FCF Payout Ratio Metrics
FCF PAYOUT RATIO
26.80%
FCF PAYOUT RATIO AVG TTM
35.77%
FCF PAYOUT RATIO AVG 3Y
25.89%
FCF PAYOUT RATIO AVG 5Y
40.76%
FCF PAYOUT RATIO AVG 10Y
119.65%
FCF PAYOUT RATIO AVG 15Y
103.91%
FCF PAYOUT RATIO AVG 20Y
88.26%
CURRENT VS TTM AVG
-25.08%
CURRENT VS 3Y AVG
+3.52%
CURRENT VS 5Y AVG
-34.25%
CURRENT VS 10Y AVG
-77.60%
CURRENT VS 15Y AVG
-74.21%
CURRENT VS 20Y AVG
-69.63%
Payout Ratio Comparison
FCF Payout Ratio
26.8%
Earnings Payout Ratio
58.0%
Dividend Yield
1.73%
FCF Yield
6.31%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $4.11B | $1.59B | 38.8% |
| 2024 | $4.42B | $1.45B | 32.7% |
| 2023 | $6.06B | $1.36B | 22.5% |
| 2022 | $12.46B | $1.18B | 9.5% |
| 2021 | $7.56B | $839.00M | 11.1% |
| 2020 | $1.42B | $1.84B | 129.9% |
| 2019 | $1.01B | $2.62B | 260.3% |
| 2018 | $2.69B | $2.37B | 88.1% |
| 2017 | $1.26B | $2.35B | 185.9% |
| 2016 | $553.00M | $2.31B | 417.5% |
| 2015 | ($1.92B) | $2.26B | N/A (Loss) |
| 2014 | $2.68B | $2.21B | 82.5% |
| 2013 | $4.82B | $1.55B | 32.3% |
| 2012 | $1.09B | $2.13B | 195.9% |
| 2011 | $4.76B | $1.44B | 30.1% |
| 2010 | $5.41B | $1.16B | 21.4% |
| 2009 | $2.23B | $1.08B | 48.3% |
| 2008 | $1.29B | $1.07B | 83.0% |
| 2007 | $1.92B | $765.00M | 39.8% |
| 2006 | $3.35B | $646.00M | 19.3% |
| 2005 | $3.01B | $483.00M | 16.0% |
| 2004 | $2.04B | $424.00M | 20.8% |
| 2003 | $1.47B | $392.00M | 26.6% |
| 2002 | $864.00M | $375.00M | 43.4% |
| 2001 | $1.25B | $372.00M | 29.7% |
| 2000 | $1.45B | $369.00M | 25.5% |
| 1999 | $299.00M | $363.00M | 121.4% |
| 1998 | ($994.00M) | $387.00M | N/A (Loss) |
| 1997 | ($174.00M) | $422.00M | N/A (Loss) |
| 1996 | $784.00M | $415.00M | 52.9% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Occidental Petroleum Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Occidental Petroleum Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The FCF payout ratio for OXY stock is 26.80%.
- Is Occidental Petroleum Corporation's FCF payout ratio high or low?
- Occidental Petroleum Corporation's FCF payout ratio of 26.80% is 34% below its 5-year average of 40.76%, near the low end of its 5-year range (9.50%–129.93%).
- What is the TTM average FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The TTM average FCF payout ratio for OXY stock is 35.77%.
- What is the 3Y average FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The 3Y average FCF payout ratio for OXY stock is 25.89%.
- What is the 5Y average FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The 5Y average FCF payout ratio for OXY stock is 40.76%.
- What is the 10Y average FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The 10Y average FCF payout ratio for OXY stock is 119.65%.
- What is the 15Y average FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The 15Y average FCF payout ratio for OXY stock is 103.91%.
- What is the 20Y average FCF payout ratio for Occidental Petroleum Corporation (OXY)?
- The 20Y average FCF payout ratio for OXY stock is 88.26%.
Occidental Petroleum Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 38.83% |
| 2024-12-31 | 32.71% |
| 2023-12-31 | 22.51% |
| 2022-12-31 | 9.50% |
| 2021-12-31 | 11.09% |
| 2020-12-31 | 129.93% |
| 2019-12-31 | 260.32% |
| 2018-12-31 | 88.12% |
| 2017-12-31 | 185.90% |
| 2016-12-31 | 417.54% |
| 2014-12-31 | 82.46% |
| 2013-12-31 | 32.25% |
| 2012-12-31 | 195.95% |
| 2011-12-31 | 30.15% |
| 2010-12-31 | 21.43% |
| 2009-12-31 | 48.34% |
| 2008-12-31 | 82.98% |
| 2007-12-31 | 39.84% |
| 2006-12-31 | 19.30% |
| 2005-12-31 | 16.03% |
| 2004-12-31 | 20.84% |
| 2003-12-31 | 26.61% |
| 2002-12-31 | 43.40% |
| 2001-12-31 | 29.74% |
| 2000-12-31 | 25.47% |
| 1999-12-31 | 121.40% |
| 1996-12-31 | 52.93% |
About Occidental Petroleum Corporation
Occidental Petroleum Corporation, along with its various subsidiaries, primarily focuses on the discovery, acquisition, and development of oil and natural gas resources. These operations extend across the United States, the Middle East, Africa, and Latin America. The company's business is organized into three distinct divisions: Oil and Gas, Chemical, and Midstream and Marketing. Within the Oil and Gas division, the company is responsible for exploring, developing, and extracting crude oil, condensate, natural gas liquids (NGLs), and conventional natural gas. The Chemical segment manufactures and commercializes a range of fundamental chemicals, including chlorine, caustic soda, chlorinated organic compounds, potassium-based chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride. This segment also produces vinyl products such as vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing division manages the collection, processing, transportation, storage, procurement, and distribution of diverse energy commodities, specifically oil, condensate, NGLs, natural gas, carbon dioxide, and electrical power. Furthermore, this segment actively trades utilizing its existing transportation and storage assets and strategically invests in other entities. Occidental Petroleum Corporation was established in 1920 and maintains its principal offices in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Vicki A. Hollub