Exxon Mobil Corporation

NYSE:XOM Stock Report

Market Cap: US$521.1b

Exxon Mobil Past Earnings Performance

Past criteria checks 2/6

Exxon Mobil has been growing earnings at an average annual rate of 36.2%, while the Oil and Gas industry saw earnings growing at 38.8% annually. Revenues have been growing at an average rate of 11.6% per year. Exxon Mobil's return on equity is 12.8%, and it has net margins of 9.9%.

Key information

36.2%

Earnings growth rate

37.0%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate11.6%
Return on equity12.8%
Net Margin9.9%
Next Earnings Update01 Nov 2024

Recent past performance updates

We Think That There Are More Issues For Exxon Mobil (NYSE:XOM) Than Just Sluggish Earnings

Aug 17
We Think That There Are More Issues For Exxon Mobil (NYSE:XOM) Than Just Sluggish Earnings

Recent updates

Exxon Mobil: What Can We Expect From Q3 Earnings?

Oct 30

Exxon Mobil: Buy Before Earnings (Rating Upgrade)

Oct 21

Benign Growth For Exxon Mobil Corporation (NYSE:XOM) Underpins Its Share Price

Oct 18
Benign Growth For Exxon Mobil Corporation (NYSE:XOM) Underpins Its Share Price

Exxon Mobil: Iran's Attack On Israel Creates Short-Term Tailwinds

Oct 09

Exxon Mobil: Cut To Sell On Stretched Valuation

Oct 01

Exxon Mobil: Greater Synergies From Merger With Pioneer, But Lower Oil Prices (Hold Confirmed)

Sep 18

Exxon Mobil's Expansion Plans You Can't Ignore (Rating Upgrade)

Sep 10

Exxon Mobil's Global Outlook To 2050 Insists On Fossil Fuel Opportunities

Aug 30

Exxon Mobil Stock Should Go Higher

Aug 23

We Think That There Are More Issues For Exxon Mobil (NYSE:XOM) Than Just Sluggish Earnings

Aug 17
We Think That There Are More Issues For Exxon Mobil (NYSE:XOM) Than Just Sluggish Earnings

Exxon Mobil Is A Giant With More Room To Grow

Aug 15

Earnings Beat: Exxon Mobil Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 06
Earnings Beat: Exxon Mobil Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Exxon Mobil Q2: Pioneer Assets Create More Upside Potential

Aug 02

Exxon Mobil: Buy The Dip

Jul 17

Exxon Mobil (NYSE:XOM) Has A Pretty Healthy Balance Sheet

Jul 12
Exxon Mobil (NYSE:XOM) Has A Pretty Healthy Balance Sheet

Exxon Mobil: The Permian Printing Press

Jun 25

Exxon Mobil Corporation's (NYSE:XOM) Low P/E No Reason For Excitement

Jun 19
Exxon Mobil Corporation's (NYSE:XOM) Low P/E No Reason For Excitement

Exxon Mobil: Buy Weakness, Wait Patiently, And Don't Hurry (Rating Upgrade)

Jun 17

Exxon Mobil Set For A Breakout (Rating Upgrade)

Jun 11

Shareholders May Be More Conservative With Exxon Mobil Corporation's (NYSE:XOM) CEO Compensation For Now

May 23
Shareholders May Be More Conservative With Exxon Mobil Corporation's (NYSE:XOM) CEO Compensation For Now

Exxon Mobil Stock Is Not As Overvalued As You May Think

May 12

Exxon Mobil Plays It Safe With Hydrocarbons, Sidelines Direct Air Capture

May 06

Exxon Mobil Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 30
Exxon Mobil Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Exxon Mobil: Positioned For Strong Growth And Current Buying Opportunity

Apr 28

Exxon Mobil: What To Expect From Q1 Earnings Results

Apr 22

Exxon Mobil: A Bargain Buy Before Q1 Earnings

Apr 15

Estimating The Fair Value Of Exxon Mobil Corporation (NYSE:XOM)

Apr 11
Estimating The Fair Value Of Exxon Mobil Corporation (NYSE:XOM)

Exxon Mobil: Obsolete Business Model Means Challenges Ahead

Apr 08

Revenue & Expenses Breakdown

How Exxon Mobil makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:XOM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24345,13534,16010,8680
31 Mar 24335,35132,80010,8590
31 Dec 23338,29336,01010,8910
30 Sep 23349,35741,13011,2470
30 Jun 23366,94351,72010,9500
31 Mar 23397,40461,69011,1400
31 Dec 22401,18355,74011,1320
30 Sep 22390,27851,86010,9490
30 Jun 22354,95638,95010,8760
31 Mar 22309,26925,79010,6230
31 Dec 21277,14023,04010,9610
30 Sep 21242,299-5,90011,5080
30 Jun 21215,879-13,33011,7890
31 Mar 21182,075-19,10012,0000
31 Dec 20179,784-22,44011,7160
30 Sep 20195,8773,32012,0810
30 Jun 20214,0347,17012,5860
31 Mar 20249,26411,38013,1650
31 Dec 19259,49714,34013,4370
30 Sep 19261,75414,65013,5610
30 Jun 19272,08817,72013,6430
31 Mar 19275,81218,54013,8030
31 Dec 18281,06020,84013,7660
30 Sep 18276,39123,22014,1310
30 Jun 18261,55420,95014,0310
31 Mar 18246,12420,35013,8870
31 Dec 17237,16219,71013,6830
30 Sep 17227,56313,01012,7160
30 Jun 17220,35011,69012,3880
31 Mar 17215,81010,04011,9900
31 Dec 16200,6287,84013,2500
30 Sep 16198,2348,94012,0700
30 Jun 16205,96310,53012,2980
31 Mar 16219,87213,02012,4080
31 Dec 15241,40616,15012,4840
30 Sep 15261,82119,94012,5850
30 Jun 15297,64223,77012,7820
31 Mar 15330,09528,36013,2460
31 Dec 14364,76332,52013,6710
30 Sep 14385,78634,30013,8680
30 Jun 14390,60734,10014,0160
31 Mar 14388,25732,18014,0730
31 Dec 13390,24732,58014,1870

Quality Earnings: XOM has high quality earnings.

Growing Profit Margin: XOM's current net profit margins (9.9%) are lower than last year (14.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: XOM's earnings have grown significantly by 36.2% per year over the past 5 years.

Accelerating Growth: XOM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XOM had negative earnings growth (-34%) over the past year, making it difficult to compare to the Oil and Gas industry average (-34.3%).


Return on Equity

High ROE: XOM's Return on Equity (12.8%) is considered low.


Return on Assets


Return on Capital Employed


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