How has OXY's gross profit trended over the past three years?

Occidental Petroleum (OXY) has generally seen an increase in gross margin over the past three years, from 60.98% in 2023Q4 to 63.53% in 2024Q4, and most recently to 67.48% in 2022Q4. This trend suggests that the company's gross profit has been improving, which is a positive indicator for its financial health and operational efficiency.

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|OXY|OXY.N|Occidental Petroleum|2022 Q1|66.7174|13.452617402187519|169|
|OXY|OXY.N|Occidental Petroleum|2022 Q2|68.471|12.492997014797865|169|
|OXY|OXY.N|Occidental Petroleum|2022 Q3|68.2679|10.58198658461717|169|
|OXY|OXY.N|Occidental Petroleum|2022 Q4|67.4808|6.616024128936237|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q1|62.6894|-6.037405534388329|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q2|60.7263|-11.310919951512322|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q3|61.4381|-10.004409100030905|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q4|60.9828|-9.629405697620664|169|
|OXY|OXY.N|Occidental Petroleum|2024 Q1|61.0316|-2.6444662095984355|169|
|OXY|OXY.N|Occidental Petroleum|2024 Q2|62.4796|2.887216906019296|169|

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|OXY|OXY.N|Occidental Petroleum|2023 Q1|62.6894|-6.037405534388329|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q2|60.7263|-11.310919951512322|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q3|61.4381|-10.004409100030905|169|
|OXY|OXY.N|Occidental Petroleum|2023 Q4|60.9828|-9.629405697620664|169|
|OXY|OXY.N|Occidental Petroleum|2024 Q1|61.0316|-2.6444662095984355|169|
|OXY|OXY.N|Occidental Petroleum|2024 Q2|62.4796|2.887216906019296|169|
|OXY|OXY.N|Occidental Petroleum|2024 Q3|63.3837|3.166764597212477|169|
|OXY|OXY.N|Occidental Petroleum|2024 Q4|63.5268|4.171668076900379|169|