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MARKETS / COMPARE / OXY VS SHEL

OXY vs SHEL

Occidental Petroleum Corp. and Shell PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

OXY vs SHEL, at a glance
Metric OXY SHEL
Revenue$21.6B$266.9B
Net income$2.4B$17.8B
Gross margin··
Net margin11.0%6.8%
Return on equity·10.1%
Diluted EPS$1.61$3.00
Dividend / share$0.96$1.43
Payout ratio·47.5%
Free cash flow$4.1B·
Equity$36.0B$174.4B
Net debt / equity0.54×0.26×
Current ratio0.94×1.30×
Revenue CAGR 5y3.9%8.1%
Profit CAGR 5y··

SHEL bills 12.4× the revenue of OXY, and OXY keeps more of each dollar of revenue as profit (11.0% against 6.8%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

OXY vs SHEL, revenue by year
Fiscal year OXY SHEL
FY2025$21.6B$266.9B
FY2024$22.7B$284.3B
FY2023$23.2B$316.6B
FY2022$36.6B$381.3B
FY2021$26.0B$261.5B
FY2020$17.8B$180.5B
FY2019$20.9B$344.9B
FY2018$17.8B$388.4B
FY2017$12.5B$305.2B
FY2016$10.1B$233.6B
Net income by year

Bottom line

OXY vs SHEL, net income by year
Fiscal year OXY SHEL
FY2025$2.4B$17.8B
FY2024$3.1B$16.1B
FY2023$4.7B$19.4B
FY2022$13.3B$42.3B
FY2021$2.3B$20.1B
FY2020$-14.8B$-21.7B
FY2019$-522.0M$15.8B
FY2018$4.1B$23.4B
FY2017$1.3B$13.0B
FY2016$-574.0M$4.6B
Revenue gap over time

11 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$245,293,000,000SHEL
FY2024−$261,602,000,000SHEL
FY2023−$293,390,000,000SHEL
FY2022−$344,680,000,000SHEL
FY2021−$235,545,000,000SHEL
FY2020−$162,734,000,000SHEL
FY2019−$323,966,000,000SHEL
FY2018−$370,555,000,000SHEL
FY2017−$292,671,000,000SHEL
FY2016−$223,501,000,000SHEL
FY2015−$252,480,000,000SHEL

SHEL has reported the higher revenue in every one of these 11 fiscal years. The gap has narrowed since the earliest year compared.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

11 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+4.2 ppOXY
FY2024+7.7 ppOXY
FY2023+14.0 ppOXY
FY2022+25.1 ppOXY
FY2021+1.1 ppOXY
FY2020−71.4 ppSHEL
FY2019−7.3 ppSHEL
FY2018+17.0 ppOXY
FY2017+6.1 ppOXY
FY2016−7.7 ppSHEL
FY2015−63.6 ppSHEL

The higher net margin has changed hands between OXY and SHEL over this period.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

OXY's net margin has been more volatile than SHEL's over the 11 comparable fiscal years — 35.1 percentage points of standard deviation against 5.7.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between OXY and SHEL over these 11 fiscal years — OXY led in 7 and SHEL in 4.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

OXY's return on equity has been more volatile than SHEL's over the 7 comparable fiscal years — 31.7 percentage points of standard deviation against 10.3.

7 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between OXY and SHEL over these 7 fiscal years — OXY led in 2 and SHEL in 5.

7 of 19 comparable fiscal years — a year missing data on either side is not counted.

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