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Exxon Mobil Corporation (XOM) 10-Year Financial Performance & Capital Metrics

XOM • • Industrial / General
EnergyIntegrated Oil & GasGlobal Integrated MajorsGlobal Supermajors
AboutExxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas.Show more
  • Revenue $339.25B +1.4%
  • EBITDA $63.09B -3.1%
  • Net Income $33.68B -6.5%
  • EPS (Diluted) 7.84 -11.8%
  • Gross Margin 22.62% -10.0%
  • EBITDA Margin 18.6% -4.4%
  • Operating Margin 11.69% -12.0%
  • Net Margin 9.93% -7.7%
  • ROE 13.94% -19.7%
  • ROIC 11.62% -23.9%
  • Debt/Equity 0.15 -21.2%
  • Interest Coverage 39.81 -24.0%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Dividend Aristocrat: 25 years of consecutive increases
  • ✓Excellent 3Y average ROE of 20.3%
  • ✓Strong 5Y profit CAGR of 18.6%
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Healthy dividend yield of 3.1%
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-1.49%
5Y5.83%
3Y7.03%
TTM-4.4%

Profit (Net Income) CAGR

10Y0.35%
5Y18.62%
3Y13.49%
TTM-11.12%

EPS CAGR

10Y0.32%
5Y18.47%
3Y13.3%
TTM-14.32%

ROCE

10Y Avg6.86%
5Y Avg9.26%
3Y Avg15.99%
Latest11.42%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CVXChevron Corporation327.63B163.8716.86-1.78%6.78%6.53%4.59%0.16
XOMExxon Mobil Corporation533.64B126.5416.141.36%9.22%11.17%5.76%0.15

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+239.85B200.63B237.16B279.33B255.58B178.57B276.69B398.68B334.7B339.25B
Revenue Growth %-0.39%-0.16%0.18%0.18%-0.09%-0.3%0.55%0.44%-0.16%0.01%
Cost of Goods Sold+183.64B156.93B180.8B211.6B199.63B170.45B211.81B295.61B250.56B262.5B
COGS % of Revenue0.77%0.78%0.76%0.76%0.78%0.95%0.77%0.74%0.75%0.77%
Gross Profit+56.22B43.7B56.36B67.73B55.96B8.13B64.89B103.07B84.14B76.74B
Gross Margin %0.23%0.22%0.24%0.24%0.22%0.05%0.23%0.26%0.25%0.23%
Gross Profit Growth %-0.3%-0.22%0.29%0.2%-0.17%-0.85%6.98%0.59%-0.18%-0.09%
Operating Expenses+43.33B40.93B42.54B45.61B43.19B37.58B40.87B39.04B39.68B37.09B
OpEx % of Revenue0.18%0.2%0.18%0.16%0.17%0.21%0.15%0.1%0.12%0.11%
Selling, General & Admin11.5B10.44B10.65B11.48B11.4B11.72B10.96B10.1B10.89B9.98B
SG&A % of Revenue0.05%0.05%0.04%0.04%0.04%0.07%0.04%0.03%0.03%0.03%
Research & Development001.06B1.12B1.21B1.02B843M824M879M987M
R&D % of Revenue--0%0%0%0.01%0%0%0%0%
Other Operating Expenses31.83B30.49B31.89B33.01B30.58B24.84B29.06B28.12B27.91B26.13B
Operating Income+12.88B2.77B13.82B22.12B12.77B-29.45B24.02B64.03B44.46B39.65B
Operating Margin %0.05%0.01%0.06%0.08%0.05%-0.16%0.09%0.16%0.13%0.12%
Operating Income Growth %-0.62%-0.78%3.99%0.6%-0.42%-3.31%1.82%1.67%-0.31%-0.11%
EBITDA+30.93B25.08B33.71B40.87B31.76B16.56B44.63B88.07B65.1B63.09B
EBITDA Margin %0.13%0.13%0.14%0.15%0.12%0.09%0.16%0.22%0.19%0.19%
EBITDA Growth %-0.4%-0.19%0.34%0.21%-0.22%-0.48%1.69%0.97%-0.26%-0.03%
D&A (Non-Cash Add-back)18.05B22.31B19.89B18.75B19B46.01B20.61B24.04B20.64B23.44B
EBIT22.28B8.42B19.27B31.72B20.89B-27.73B32.18B78.55B53.63B49.87B
Net Interest Income+-311M-453M-601M-766M-830M-1.16B-947M-798M-849M-996M
Interest Income0000000000
Interest Expense311M453M601M766M830M1.16B947M798M849M996M
Other Income/Expense9.08B5.2B4.86B8.83B7.29B565M7.21B13.72B8.32B9.22B
Pretax Income+21.97B7.97B18.67B30.95B20.06B-28.88B31.23B77.75B52.78B48.87B
Pretax Margin %0.09%0.04%0.08%0.11%0.08%-0.16%0.11%0.2%0.16%0.14%
Income Tax+5.42B-406M-1.17B9.53B5.28B-5.63B7.64B20.18B15.43B13.81B
Effective Tax Rate %0.74%0.98%1.06%0.67%0.71%0.78%0.74%0.72%0.68%0.69%
Net Income+16.15B7.84B19.71B20.84B14.34B-22.44B23.04B55.74B36.01B33.68B
Net Margin %0.07%0.04%0.08%0.07%0.06%-0.13%0.08%0.14%0.11%0.1%
Net Income Growth %-0.5%-0.51%1.51%0.06%-0.31%-2.56%2.03%1.42%-0.35%-0.06%
Net Income (Continuing)16.55B8.38B19.85B21.42B14.77B-23.25B23.6B57.58B37.35B35.06B
Discontinued Operations0000000000
Minority Interest6B6.5B6.81B6.73B7.29B6.98B7.11B7.42B7.74B6.9B
EPS (Diluted)+3.851.884.634.923.36-5.255.3913.268.897.84
EPS Growth %-0.49%-0.51%1.46%0.06%-0.32%-2.56%2.03%1.46%-0.33%-0.12%
EPS (Basic)3.851.884.634.923.36-5.255.3913.268.897.84
Diluted Shares Outstanding4.19B4.17B4.26B4.24B4.27B4.27B4.28B4.21B4.05B4.3B
Basic Shares Outstanding4.19B4.17B4.26B4.24B4.27B4.27B4.28B4.21B4.05B4.3B
Dividend Payout Ratio0.75%1.59%0.66%0.66%1.02%-0.65%0.27%0.41%0.5%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+42.62B41.42B47.13B47.97B50.05B44.89B59.15B97.63B96.61B91.99B
Cash & Short-Term Investments3.71B3.66B3.18B3.04B3.09B4.36B6.8B29.64B31.54B23.03B
Cash Only3.71B3.66B3.18B3.04B3.09B4.36B6.8B29.64B31.54B23.03B
Short-Term Investments0000000000
Accounts Receivable19.88B21.39B25.6B24.7B26.97B20.58B32.38B41.75B38.02B43.68B
Days Sales Outstanding30.2538.9239.3932.2838.5142.0742.7238.2241.4647
Inventory16.25B15.08B16.99B18.96B18.53B18.85B18.78B24.43B25.12B23.52B
Days Inventory Outstanding32.2935.0734.332.733.8840.3732.3630.1736.5932.71
Other Current Assets2.8B1.28B1.37B1.27B1.47B1.1B1.19B1.81B1.94B1.76B
Total Non-Current Assets+294.13B288.9B301.56B298.22B312.55B287.86B279.77B271.44B279.71B361.49B
Property, Plant & Equipment251.6B244.22B252.63B247.1B253.02B227.55B216.55B204.69B214.94B294.32B
Fixed Asset Turnover0.95x0.82x0.94x1.13x1.01x0.78x1.28x1.95x1.56x1.15x
Goodwill0000000000
Intangible Assets00000000019.97B
Long-Term Investments20.61B20.96B24.53B26.59B29.48B29.91B31.36B34.8B34.26B34.35B
Other Non-Current Assets21.92B23.71B24.4B24.53B30.05B30.39B31.85B31.94B30.51B12.85B
Total Assets+336.76B330.31B348.69B346.2B362.6B332.75B338.92B369.07B376.32B453.48B
Asset Turnover0.71x0.61x0.68x0.81x0.70x0.54x0.82x1.08x0.89x0.75x
Asset Growth %-0.04%-0.02%0.06%-0.01%0.05%-0.08%0.02%0.09%0.02%0.21%
Total Current Liabilities+53.98B47.64B57.77B57.14B63.99B56.36B56.64B69.05B65.32B70.31B
Accounts Payable18.07B17.8B21.7B21.06B24.69B17.5B26.62B33.17B31.25B36.15B
Days Payables Outstanding35.9241.443.8136.3345.1537.4745.8840.9645.5250.26
Short-Term Debt18.76B13.83B17.93B17.26B20.58B20.46B4.28B634M4.09B4.96B
Deferred Revenue (Current)0000000000
Other Current Liabilities13.79B13.39B15.1B16.2B17.14B00000
Current Ratio0.79x0.87x0.82x0.84x0.78x0.80x1.04x1.41x1.48x1.31x
Quick Ratio0.49x0.55x0.52x0.51x0.49x0.46x0.71x1.06x1.09x0.97x
Cash Conversion Cycle26.6132.5929.8928.6527.2444.9629.227.4432.5329.45
Total Non-Current Liabilities+105.97B108.85B96.42B90.53B99.67B112.26B106.6B97.55B98.46B112.56B
Long-Term Debt18.69B27.71B23.08B19.23B24.67B45.5B41.57B37.26B33.65B32.8B
Capital Lease Obligations1.24B1.23B1.33B1.3B1.67B1.68B1.86B3.3B3.84B3.95B
Deferred Tax Liabilities36.82B34.04B26.89B27.24B25.62B18.16B20.16B22.87B24.45B39.04B
Other Non-Current Liabilities49.23B45.87B45.12B42.75B47.71B46.91B43B34.12B36.53B36.77B
Total Liabilities159.95B156.48B154.19B147.67B163.66B168.62B163.24B166.59B163.78B182.87B
Total Debt+38.69B42.76B42.34B37.8B46.92B67.64B47.7B41.19B41.57B41.71B
Net Debt34.98B39.1B39.16B34.75B43.83B63.28B40.9B11.55B10.03B18.68B
Debt / Equity0.22x0.25x0.22x0.19x0.24x0.41x0.27x0.20x0.20x0.15x
Debt / EBITDA1.25x1.71x1.26x0.92x1.48x4.08x1.07x0.47x0.64x0.66x
Net Debt / EBITDA1.13x1.56x1.16x0.85x1.38x3.82x0.92x0.13x0.15x0.30x
Interest Coverage41.42x6.12x22.99x28.88x15.38x-25.43x25.36x80.24x52.37x39.81x
Total Equity+176.81B173.83B194.5B198.53B198.94B164.13B175.68B202.47B212.54B270.61B
Equity Growth %-0.02%-0.02%0.12%0.02%0%-0.17%0.07%0.15%0.05%0.27%
Book Value per Share42.1541.6845.7046.8646.5938.4341.1048.1552.4562.96
Total Shareholders' Equity170.81B167.32B187.69B191.79B191.65B157.15B168.58B195.05B204.8B263.7B
Common Stock11.61B12.16B14.66B15.26B15.64B15.69B15.75B15.75B17.78B46.24B
Retained Earnings412.44B407.83B414.54B421.65B421.34B383.94B392.06B432.86B453.93B470.9B
Treasury Stock-229.73B-230.42B-225.25B-225.55B-225.84B-225.78B-225.46B-240.29B-254.92B-238.82B
Accumulated OCI-23.51B-22.24B-16.26B-19.56B-19.49B-16.7B-13.76B-13.27B-11.99B-14.62B
Minority Interest6B6.5B6.81B6.73B7.29B6.98B7.11B7.42B7.74B6.9B

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+30.34B22.08B30.07B36.01B29.72B14.67B48.13B76.8B55.37B55.02B
Operating CF Margin %0.13%0.11%0.13%0.13%0.12%0.08%0.17%0.19%0.17%0.16%
Operating CF Growth %-0.33%-0.27%0.36%0.2%-0.17%-0.51%2.28%0.6%-0.28%-0.01%
Net Income16.15B7.84B19.71B20.84B14.77B-23.25B23.6B57.58B36.01B33.68B
Depreciation & Amortization18.05B18.71B17.89B18.05B18.9B20.71B20.61B24.04B20.64B23.44B
Stock-Based Compensation855M880M856M774M741M672M612M648M611M0
Deferred Taxes-1.83B-4.39B-8.58B-60M-944M-8.86B303M3.76B634M-865M
Other Non-Cash Items-7.19B1.52B5.82B-2.17B-4.68B27.05B-1.15B-9.03B-169M-496M
Working Capital Changes4.31B-2.48B-5.64B-1.42B923M-1.65B4.16B-194M-2.36B-739M
Change in Receivables4.69B-2.09B-3.95B-545M-2.64B5.38B-12.1B-11.02B4.37B-6.03B
Change in Inventory-379M-388M-1.68B-3.11B72M-315M-489M-6.95B-3.47B-1.81B
Change in Payables-7.47B915M5.1B2.32B3.73B-7.14B16.82B18.46B-4.73B5.63B
Cash from Investing+-23.82B-12.4B-15.73B-16.45B-23.08B-18.46B-10.23B-14.74B-20.04B-19.94B
Capital Expenditures-26.49B-16.16B-15.4B-19.57B-24.36B-17.28B-12.08B-18.41B-21.92B-24.31B
CapEx % of Revenue0.11%0.08%0.06%0.07%0.1%0.1%0.04%0.05%0.07%0.07%
Acquisitions----------
Investments----------
Other Investing2.67B3.76B-328M986M1.49B2.68B4.66B6.75B1.56B2.68B
Cash from Financing+-7.04B-9.29B-15.13B-19.45B-6.62B5.29B-35.42B-39.11B-33.53B-42.79B
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-12.09B-12.45B-13B-13.8B-14.65B-14.87B-14.92B-14.94B-14.94B-16.7B
Share Repurchases----------
Other Financing-168M-162M-334M-97M-34M414M-690M-1.8B-599M-1.44B
Net Change in Cash----------
Free Cash Flow+3.85B5.92B14.66B16.44B5.36B-2.61B36.05B58.39B33.45B30.72B
FCF Margin %0.02%0.03%0.06%0.06%0.02%-0.01%0.13%0.15%0.1%0.09%
FCF Growth %-0.68%0.54%1.48%0.12%-0.67%-1.49%14.79%0.62%-0.43%-0.08%
FCF per Share0.921.423.453.881.25-0.618.4313.898.267.15
FCF Conversion (FCF/Net Income)1.88x2.82x1.53x1.73x2.07x-0.65x2.09x1.38x1.54x1.63x
Interest Paid0000000666M584M624M
Taxes Paid000000015.36B15.47B13.29B

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)9.03%4.47%10.7%10.6%7.22%-12.36%13.56%29.48%17.35%13.94%
Return on Invested Capital (ROIC)4.63%0.98%4.64%7.11%4.02%-9.39%8.11%22.3%15.28%11.62%
Gross Margin23.44%21.78%23.77%24.25%21.89%4.55%23.45%25.85%25.14%22.62%
Net Margin6.73%3.91%8.31%7.46%5.61%-12.57%8.33%13.98%10.76%9.93%
Debt / Equity0.22x0.25x0.22x0.19x0.24x0.41x0.27x0.20x0.20x0.15x
Interest Coverage41.42x6.12x22.99x28.88x15.38x-25.43x25.36x80.24x52.37x39.81x
FCF Conversion1.88x2.82x1.53x1.73x2.07x-0.65x2.09x1.38x1.54x1.63x
Revenue Growth-39.14%-16.35%18.21%17.78%-8.5%-30.13%54.95%44.09%-16.05%1.36%

Revenue by Segment

2015201620172018201920202021202220232024
Energy Products Non US------130.41B188.15B--
Energy Products Non US Growth-------44.28%--
Energy Products United States------78.5B117.82B--
Energy Products United States Growth-------50.09%--
Upstream Non Us---15.16B13.78B8.67B12.91B30.59B--
Upstream Non Us Growth-----9.10%-37.06%48.90%136.84%--
Chemical Non Us---20.2B17.69B14.56B16.63B16.95B--
Chemical Non Us Growth-----12.43%-17.70%14.22%1.90%--
Upstream United States---10.36B9.36B5.88B8.88B14.58B--
Upstream United States Growth-----9.61%-37.25%51.17%64.12%--
Specialty Products Non US------12.47B13.73B--
Specialty Products Non US Growth-------10.05%--
Chemical United States---12.24B9.72B8.53B11.99B10.67B--
Chemical United States Growth-----20.56%-12.28%40.64%-11.05%--
Specialty Products United States------4.86B6.15B--
Specialty Products United States Growth-------26.64%--
Downstream Non US---147.01B70.52B92.64B----
Downstream Non US Growth-----52.03%31.36%----
Downstream United States---74.33B134.46B48.26B----
Downstream United States Growth----80.90%-64.11%----
Downstream-172.35B184.58B-------
Downstream Growth--7.09%-------
Chemical Products-26.06B28.69B-------
Chemical Products Growth--10.12%-------
Upstream-20.18B23.86B-------
Upstream Growth--18.22%-------

Revenue by Geography

2015201620172018201920202021202220232024
Non-US167.3B145.13B155.08B182.4B165.97B115.91B172.46B249.45B207.32B200.59B
Non-US Growth--13.26%6.86%17.62%-9.01%-30.16%48.78%44.65%-16.89%-3.25%
United States92.18B73.48B82.08B96.93B89.61B62.66B104.24B149.22B127.37B138.66B
United States Growth--20.29%11.70%18.09%-7.55%-30.07%66.34%43.16%-14.64%8.86%

Frequently Asked Questions

Valuation & Price

Exxon Mobil Corporation (XOM) has a price-to-earnings (P/E) ratio of 16.1x. This is roughly in line with market averages.

Growth & Financials

Exxon Mobil Corporation (XOM) reported $324.92B in revenue for fiscal year 2024. This represents a 30% decrease from $467.03B in 2011.

Exxon Mobil Corporation (XOM) grew revenue by 1.4% over the past year. Growth has been modest.

Yes, Exxon Mobil Corporation (XOM) is profitable, generating $29.95B in net income for fiscal year 2024 (9.9% net margin).

Dividend & Returns

Yes, Exxon Mobil Corporation (XOM) pays a dividend with a yield of 3.07%. This makes it attractive for income-focused investors.

Exxon Mobil Corporation (XOM) has a return on equity (ROE) of 13.9%. This is reasonable for most industries.

Exxon Mobil Corporation (XOM) generated $23.77B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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