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EXPAND ENERGY vs Occidental Petroleum: revenue, profit, margins and growth compared

EXPAND ENERGY brought in $12.1B of revenue in fiscal 2025, Occidental Petroleum $21.6B in fiscal 2025. Revenue changed by +186.3% at EXPAND ENERGY and -4.9% at Occidental Petroleum on the year before, so EXPAND ENERGY grew faster. EXPAND ENERGY kept 15.0% of its revenue as net profit, Occidental Petroleum 7.5%. Free cash flow was $1.8B at EXPAND ENERGY and $4.1B at Occidental Petroleum.

Side by side, latest fiscal year

EXEOXY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$12.1B$21.6B
Revenue growth+186.3%-4.9%
Net income$1.8B$1.6B
Net margin15.0%7.5%
Free cash flow$1.8B$4.1B
Free cash flow margin15.2%19.0%
Earnings per share (diluted)$7.57$1.61
Cash$616M$2B
Debt$5B$21.4B
Price to earnings11.535.3
Market value$20.1B$56.8B
Dividend yieldn/a1.69%
Rank by revenue in sector#22 of 129 · Energy#17 of 129 · Energy

Over the years

Revenue
EXE FY2017: $10BEXE FY2018: $10BEXE FY2019: $8.5BEXE FY2020: $5.2BEXE FY2022: $11.7BEXE FY2023: $8.7BEXE FY2024: $4.2BEXE FY2025: $12.1BOXY FY2018: $17.8BOXY FY2019: $20.9BOXY FY2020: $17.8BOXY FY2021: $26BOXY FY2022: $36.6BOXY FY2023: $23.2BOXY FY2024: $22.7BOXY FY2025: $21.6BFY17FY18FY19FY20FY21FY22FY23FY24FY25
EXE $12.1BOXY $21.6B
Net income
EXE FY2017: -$505MEXE FY2018: $226MEXE FY2019: -$308MEXE FY2020: -$9.7BEXE FY2022: $4.9BEXE FY2023: $2.4BEXE FY2024: -$714MEXE FY2025: $1.8BOXY FY2018: $4.1BOXY FY2019: -$985MOXY FY2020: -$14.8BOXY FY2021: $2.3BOXY FY2022: $13.3BOXY FY2023: $4.7BOXY FY2024: $2.4BOXY FY2025: $1.6BFY17FY18FY19FY20FY21FY22FY23FY24FY25
EXE $1.8BOXY $1.6B
Net margin
EXE FY2017: -5.0%EXE FY2018: 2.3%EXE FY2019: -3.6%EXE FY2020: -185.8%EXE FY2022: 42.0%EXE FY2023: 27.7%EXE FY2024: -16.9%EXE FY2025: 15.0%OXY FY2018: 23.2%OXY FY2019: -4.7%OXY FY2020: -83.3%OXY FY2021: 8.9%OXY FY2022: 36.3%OXY FY2023: 20.2%OXY FY2024: 10.4%OXY FY2025: 7.5%FY17FY18FY19FY20FY21FY22FY23FY24FY25
EXE 15.0%OXY 7.5%
Revenue growth
EXE FY2018: -0.1%EXE FY2019: -14.9%EXE FY2020: -38.6%EXE FY2023: -25.7%EXE FY2024: -51.4%EXE FY2025: +186.3%OXY FY2019: +17.3%OXY FY2020: -14.8%OXY FY2021: +45.8%OXY FY2022: +41.1%OXY FY2023: -36.6%OXY FY2024: -2.2%OXY FY2025: -4.9%FY18FY19FY20FY21FY22FY23FY24FY25
EXE +186.3%OXY -4.9%
Free cash flow
EXE FY2020: $22MEXE FY2022: $2.3BEXE FY2023: $551MEXE FY2024: $8MEXE FY2025: $1.8BOXY FY2018: $2.7BOXY FY2019: $1BOXY FY2020: $1.4BOXY FY2021: $7.6BOXY FY2022: $12.3BOXY FY2023: $6.6BOXY FY2024: $5.2BOXY FY2025: $4.1BFY18FY19FY20FY21FY22FY23FY24FY25
EXE $1.8BOXY $4.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about EXPAND ENERGY and Occidental Petroleum

Which is bigger by revenue, EXPAND ENERGY or Occidental Petroleum?

Occidental Petroleum is bigger by revenue: $21.6B in fiscal 2025, against $12.1B for EXPAND ENERGY in fiscal 2025.

Which keeps more of its revenue as profit, EXPAND ENERGY or Occidental Petroleum?

EXPAND ENERGY had a net margin of 15.0% in fiscal 2025; Occidental Petroleum had 7.5% in fiscal 2025.

Which grew revenue faster, EXPAND ENERGY or Occidental Petroleum?

In their latest fiscal years revenue changed by +186.3% at EXPAND ENERGY and -4.9% at Occidental Petroleum.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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