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Side-by-side financial comparison of Occidental Petroleum (OXY) and Packaging Corporation of America (PKG). Click either name above to swap in a different company.

Packaging Corporation of America is the larger business by last-quarter revenue ($2.4B vs $1.7B, roughly 1.4× Occidental Petroleum). Packaging Corporation of America runs the higher net margin — 7.2% vs 6.9%, a 0.3% gap on every dollar of revenue. On growth, Packaging Corporation of America posted the faster year-over-year revenue change (10.6% vs -75.8%). Over the past eight quarters, Packaging Corporation of America's revenue compounded faster (6.8% CAGR vs -50.4%).

Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. It is incorporated under the Delaware General Corporation Law and headquartered in Houston. The company ranked 183rd on the 2021 Fortune 500 based on its 2020 revenues and 670th on the 2021 Forbes Global 2000.

Packaging Corporation of America is an American manufacturing company based in Lake Forest, Illinois. The company has about 15,500 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.

OXY vs PKG — Head-to-Head

Bigger by revenue
PKG
PKG
1.4× larger
PKG
$2.4B
$1.7B
OXY
Growing faster (revenue YoY)
PKG
PKG
+86.4% gap
PKG
10.6%
-75.8%
OXY
Higher net margin
PKG
PKG
0.3% more per $
PKG
7.2%
6.9%
OXY
Faster 2-yr revenue CAGR
PKG
PKG
Annualised
PKG
6.8%
-50.4%
OXY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OXY
OXY
PKG
PKG
Revenue
$1.7B
$2.4B
Net Profit
$114.0M
$170.9M
Gross Margin
19.1%
Operating Margin
-6.5%
10.6%
Net Margin
6.9%
7.2%
Revenue YoY
-75.8%
10.6%
Net Profit YoY
195.0%
-16.1%
EPS (diluted)
$-0.07
$1.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OXY
OXY
PKG
PKG
Q1 26
$2.4B
Q4 25
$1.7B
$2.4B
Q3 25
$6.7B
$2.3B
Q2 25
$6.3B
$2.2B
Q1 25
$6.9B
$2.1B
Q4 24
$6.9B
$2.1B
Q3 24
$7.0B
$2.2B
Q2 24
$6.8B
$2.1B
Net Profit
OXY
OXY
PKG
PKG
Q1 26
$170.9M
Q4 25
$114.0M
$101.9M
Q3 25
$842.0M
$226.9M
Q2 25
$468.0M
$241.5M
Q1 25
$945.0M
$203.8M
Q4 24
$-120.0M
$221.2M
Q3 24
$1.1B
$238.1M
Q2 24
$1.2B
$198.9M
Gross Margin
OXY
OXY
PKG
PKG
Q1 26
19.1%
Q4 25
18.9%
Q3 25
87.8%
21.8%
Q2 25
86.6%
22.2%
Q1 25
88.4%
21.2%
Q4 24
89.0%
21.9%
Q3 24
88.5%
23.1%
Q2 24
87.9%
21.1%
Operating Margin
OXY
OXY
PKG
PKG
Q1 26
10.6%
Q4 25
-6.5%
7.1%
Q3 25
17.4%
14.0%
Q2 25
11.7%
15.4%
Q1 25
19.3%
13.1%
Q4 24
-2.5%
14.1%
Q3 24
22.7%
15.0%
Q2 24
24.0%
13.3%
Net Margin
OXY
OXY
PKG
PKG
Q1 26
7.2%
Q4 25
6.9%
4.3%
Q3 25
12.6%
9.8%
Q2 25
7.4%
11.1%
Q1 25
13.7%
9.5%
Q4 24
-1.7%
10.3%
Q3 24
16.2%
10.9%
Q2 24
17.2%
9.6%
EPS (diluted)
OXY
OXY
PKG
PKG
Q1 26
$1.91
Q4 25
$-0.07
$1.14
Q3 25
$0.65
$2.51
Q2 25
$0.26
$2.67
Q1 25
$0.77
$2.26
Q4 24
$-0.32
$2.45
Q3 24
$0.98
$2.64
Q2 24
$1.03
$2.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OXY
OXY
PKG
PKG
Cash + ST InvestmentsLiquidity on hand
$2.0B
Total DebtLower is stronger
$20.6B
Stockholders' EquityBook value
$36.0B
Total Assets
$84.2B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OXY
OXY
PKG
PKG
Q1 26
Q4 25
$2.0B
$529.0M
Q3 25
$2.2B
$634.0M
Q2 25
$2.3B
$787.9M
Q1 25
$2.6B
$751.7M
Q4 24
$2.1B
$685.0M
Q3 24
$1.8B
$676.6M
Q2 24
$1.8B
$613.6M
Total Debt
OXY
OXY
PKG
PKG
Q1 26
Q4 25
$20.6B
$4.0B
Q3 25
$20.8B
$4.0B
Q2 25
$23.3B
Q1 25
$24.0B
Q4 24
$25.0B
$2.5B
Q3 24
$25.5B
$2.5B
Q2 24
$18.4B
Stockholders' Equity
OXY
OXY
PKG
PKG
Q1 26
Q4 25
$36.0B
$4.6B
Q3 25
$36.3B
$4.8B
Q2 25
$35.7B
$4.6B
Q1 25
$34.7B
$4.5B
Q4 24
$34.2B
$4.4B
Q3 24
$34.7B
$4.3B
Q2 24
$32.1B
$4.1B
Total Assets
OXY
OXY
PKG
PKG
Q1 26
Q4 25
$84.2B
$10.7B
Q3 25
$83.5B
$11.0B
Q2 25
$84.4B
$9.0B
Q1 25
$85.0B
$9.0B
Q4 24
$85.4B
$8.8B
Q3 24
$85.8B
$8.8B
Q2 24
$76.2B
$9.0B
Debt / Equity
OXY
OXY
PKG
PKG
Q1 26
Q4 25
0.57×
0.87×
Q3 25
0.57×
0.84×
Q2 25
0.65×
Q1 25
0.69×
Q4 24
0.73×
0.57×
Q3 24
0.73×
0.58×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OXY
OXY
PKG
PKG
Operating Cash FlowLast quarter
$2.6B
Free Cash FlowOCF − Capex
$1.9B
FCF MarginFCF / Revenue
113.4%
Capex IntensityCapex / Revenue
45.4%
Cash ConversionOCF / Net Profit
23.11×
TTM Free Cash FlowTrailing 4 quarters
$4.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OXY
OXY
PKG
PKG
Q1 26
Q4 25
$2.6B
$446.6M
Q3 25
$2.8B
$472.2M
Q2 25
$3.0B
$299.6M
Q1 25
$2.1B
$339.1M
Q4 24
$3.4B
$325.4M
Q3 24
$3.7B
$327.1M
Q2 24
$2.4B
$278.3M
Free Cash Flow
OXY
OXY
PKG
PKG
Q1 26
Q4 25
$1.9B
$127.6M
Q3 25
$1.0B
$280.1M
Q2 25
$962.0M
$129.9M
Q1 25
$240.0M
$191.0M
Q4 24
$1.6B
$124.1M
Q3 24
$2.0B
$180.4M
Q2 24
$623.0M
$33.3M
FCF Margin
OXY
OXY
PKG
PKG
Q1 26
Q4 25
113.4%
5.4%
Q3 25
15.3%
12.1%
Q2 25
15.2%
6.0%
Q1 25
3.5%
8.9%
Q4 24
23.0%
5.8%
Q3 24
28.5%
8.3%
Q2 24
9.2%
1.6%
Capex Intensity
OXY
OXY
PKG
PKG
Q1 26
Q4 25
45.4%
13.5%
Q3 25
26.5%
8.3%
Q2 25
31.6%
7.8%
Q1 25
27.6%
6.9%
Q4 24
26.0%
9.4%
Q3 24
24.0%
6.7%
Q2 24
26.0%
11.8%
Cash Conversion
OXY
OXY
PKG
PKG
Q1 26
Q4 25
23.11×
4.38×
Q3 25
3.31×
2.08×
Q2 25
6.32×
1.24×
Q1 25
2.27×
1.66×
Q4 24
1.47×
Q3 24
3.23×
1.37×
Q2 24
2.05×
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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