The film received mostly positive reviews.
Bosley Crowther of
The New York Times wrote that it "is not a picture which will brighten or cheer your day. But it is one which, for sheer, stark drama, is currently hard to beat."
Variety called it a "powerful preachment against mob lynching ... Director William Wellman has skillfully guided the characters and driven home the point that hanging is unwarranted. Fonda measures up to star rating ... He helps hold together the loose ends of the rather patent plot." David Lardner of
The New Yorker called it a "rather good piece of work". ''
Harrison's Reports'' printed a negative review, calling it a "depressing, unpleasant, at times horrible, melodrama ... Whoever is responsible for selecting such sordid material for the screen should be awarded a
'booby' prize." In
The Nation in 1943, critic
James Agee wrote, "
Ox-Bow is one of the best and most interesting pictures I have seen for a long time, and it disappointed me... It seems to me that in
Ox-Bow artifice and nature got jammed in such a way as to give a sort of double focus... Here was a remarkably controlled and intelligent film; and in steady nimbus, on every detail, was the stiff over-consciousness of those who made it of the excellence of each effect, to such a degree that the whole thing seemed a mosaic of over-appreciated effects which continually robbed nature of its own warmth and energy, and the makers of the ambitious claims which they had made on nature." In his 1957 book,
Novels into Film: The Metamorphosis of Fiction into Cinema, George Bluestone cited the film as one of Hollywood's most perfect examples of adapting a great novel, concluding that "William Wellman and Lamar Trotti were able to accomplish cinematically what Walter Van Tilburg Clark accomplished in language." More recently,
La Furia Umanas Toshi Fujiwara said the film is "one of the most important westerns in the history of American cinema".
Clint Eastwood has stated this is his favorite film. However,
Darryl F. Zanuck, head of
Twentieth Century-Fox 1935–1956, recalled the film as "a flop. In spite of its significance and its dramatic value, our records showed that it had failed to pay its way. In fact, its pulling power was less than that of a
Laurel and Hardy comedy we made about the same time." It earned $750,000 in the United States. ==Awards and honors==