Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally. The company operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. Its Upstream segment explores for and produces crude oil and natural gas. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. Its Chemical Products segment manufactures and sells olefins, polyolefins, and intermediates. The Specialty Products segment offers finished lubricants, basestocks, waxes, synthetics, elastomers, and resins. It is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; and pursuit of lower-emission and business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, Proxxima resin systems, carbon materials, low-carbon data center, and lithium. In addition, the company offers aviation fuel. It sells its products under the Exxon, Esso, and Mobil brands. Exxon Mobil Corporation was founded in 1870 and is headquartered in Spring, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $323.9B | $67.9B | $28.8B | $23.6B | 11.1% | -4.5% | -14.4% |
| 2024 | $339.2B | $73.3B | $33.7B | $30.7B | 12.8% | 1.4% | -6.5% |
| 2023 | $334.7B | $74.3B | $36.0B | $33.5B | 17.6% | -16.0% | -35.4% |
| 2022 | $398.7B | $102.6B | $55.7B | $58.4B | 28.6% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 398,675 | 334,697 | 339,247 | 323,905 |
| Operating Revenue | - | 398,675 | 334,697 | 339,247 | 323,905 |
| Cost Of Revenue | - | 295,608 | 250,555 | 262,505 | 252,665 |
| Gross Profit | - | 103,067 | 84,142 | 76,742 | 71,240 |
| Operating Expense | - | 39,039 | 39,681 | 37,090 | 37,302 |
| Selling General And Administration | - | 10,095 | 9,919 | 9,976 | 11,128 |
| Total Expenses | - | 334,647 | 290,236 | 299,595 | 289,967 |
| Operating Income | - | 64,028 | 44,461 | 39,652 | 33,938 |
| EBITDA | - | 102,591 | 74,273 | 73,311 | 67,864 |
| Normalized EBITDA | - | 102,591 | 74,273 | 73,311 | 67,864 |
| EBIT | - | 78,551 | 53,632 | 49,869 | 41,871 |
| Interest Expense | - | 798 | 849 | 996 | 603 |
| Net Interest Income | - | -798 | -849 | -996 | -603 |
| Other Non Operating Income Expenses | - | 3,060 | 2,786 | 4,023 | 2,869 |
| Other Income Expense | - | 14,523 | 9,171 | 10,217 | 7,933 |
| Interest Expense Non Operating | - | 798 | 849 | 996 | 603 |
| Net Non Operating Interest Income Expense | - | -798 | -849 | -996 | -603 |
| Pretax Income | - | 77,753 | 52,783 | 48,873 | 41,268 |
| Tax Provision | - | 20,176 | 15,429 | 13,810 | 11,504 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 57,577 | 37,354 | 35,063 | 29,764 |
| Net Income From Continuing And Discontinued Operation | - | 55,740 | 36,010 | 33,680 | 28,844 |
| Net Income From Continuing Operation Net Minority Interest | - | 55,740 | 36,010 | 33,680 | 28,844 |
| Net Income | - | 55,740 | 36,010 | 33,680 | 28,844 |
| Net Income Common Stockholders | - | 55,740 | 36,010 | 33,680 | 28,844 |
| Net Income Including Noncontrolling Interests | - | 57,577 | 37,354 | 35,063 | 29,764 |
| Normalized Income | - | 55,740 | 36,010 | 33,680 | 28,844 |
| Diluted NI Availto Com Stockholders | - | 55,740 | 36,010 | 33,680 | 28,844 |
| Basic Average Shares | - | 4,203.62 | 4,050.62 | 4,295.92 | 4,305.07 |
| Diluted Average Shares | - | 4,205 | 4,052 | 4,298 | 4,305.07 |
| Reconciled Depreciation | - | 24,040 | 20,641 | 23,442 | 25,993 |
| Reconciled Cost Of Revenue | - | 295,608 | 250,555 | 262,505 | 252,665 |
| Minority Interests | - | -1,837 | -1,344 | -1,383 | -920 |
| General And Administrative Expense | 9,574 | 10,095 | 9,919 | 9,976 | - |
| Other Gand A | 9,574 | 10,095 | 9,919 | 9,976 | - |
| Salaries And Wages | 786 | 482 | 714 | - | - |
| Other Operating Expenses | - | 1,025 | 751 | 826 | 1,007 |
| Earnings From Equity Interest | - | 11,463 | 6,385 | 6,194 | 5,064 |
| Other Taxes | - | 27,919 | 29,011 | 26,288 | 25,167 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporationthis co. | XOM | $630.2B | 21.85 | 2.43 | 11.1% | 9.77 |
| Chevron Corporation | CVX | $375.1B | 30.50 | 2.01 | 6.6% | 9.89 |
| ConocoPhillips | COP | $145.3B | 18.18 | 2.25 | 12.4% | 6.34 |
| The Williams Companies, Inc. | WMB | $88.6B | 33.84 | 6.94 | 20.5% | 15.90 |
| SLB N.V. | SLB | $86.7B | 25.70 |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.32 |
| 12.9% |
| 13.70 |
| Marathon Petroleum Corporation | MPC | $78.0B | 19.26 | 4.50 | 23.4% | 9.30 |
| Valero Energy Corporation | VLO | $76.9B | 32.73 | 3.24 | 9.9% | 12.48 |
| EOG Resources, Inc. | EOG | $75.0B | 15.07 | 2.52 | 16.7% | 7.24 |
| Phillips 66 | PSX | $73.8B | 16.77 | 2.54 | 15.1% | 9.47 |
| Peer Median | - | 22.48 | 2.89 | 14.0% | 9.68 | |