XOM
SP100NYSEExxonMobil Holdings Corporation
Energy · Oil & Gas Integrated · United States
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.
corporate.exxonmobil.com ↗Shares trade at a moderate 23.1× trailing earnings, easing to 12.7× on forward estimates. Profitability shows a net margin of 7.8% and return on equity of 9.9%. Leverage is modest at 0.7× net debt/EBITDA. Revenue grew 2.6% year-on-year. It yields 3.0% in dividends. The mean analyst target of USD169.48 sits 23.6% above the current price (Buy, 21 analysts).
business model
Exxon Mobil is an integrated oil and gas major engaged in exploration and production (upstream), refining and marketing (downstream), and petrochemicals. It earns revenue from producing and selling crude oil, natural gas, refined fuels and chemical products, with profitability tied to commodity prices and refining/chemical margins.
revenue segments
Three core businesses: Upstream (oil and gas exploration and production, including Permian Basin and Guyana), Energy Products (refining and fuels marketing), and Chemical Products plus Specialty Products (petrochemicals, lubricants). It is also investing in Low Carbon Solutions (carbon capture, hydrogen).
key dependencies
Depends heavily on crude oil and natural gas prices, refining and chemical margins, production volumes from key assets (Permian and Guyana), reserve replacement, capital discipline, and the pace of the energy transition and related policy.
competitors
Competes with other integrated majors (Chevron, Shell, BP, TotalEnergies), national oil companies, US shale independents, and refiners and petrochemical producers globally.
moat
Scale and vertical integration across the value chain, low-cost advantaged assets (Permian and Guyana), a strong balance sheet enabling counter-cyclical investment, integrated logistics, and technical and project-execution capabilities.
risks
Commodity-price volatility and cyclicality, energy-transition and decarbonization pressures on long-term demand, regulatory, climate-policy and litigation risk, large capital-spending commitments, execution risk on major projects and acquisitions (e.g., Pioneer), and geopolitical exposure.
Financials & metrics
as of 26 Aug 2026Price is closer to the high end of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.
Tap any metric for an explanation.● provider● computedN/A not available from source
Valuation history is being recorded
We snapshot P/E and price targets daily. This chart fills in over the coming days.
Full financial statements
Income statement
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | $323.90B | $339.25B | $334.70B | $398.68B | — |
| Cost of revenue | $252.66B | $262.50B | $250.56B | $295.61B | — |
| Gross profit | $71.24B | $76.74B | $84.14B | $103.07B | — |
| Operating expense | $37.30B | $37.09B | $39.68B | $39.04B | — |
| Operating income | $33.94B | $39.65B | $44.46B | $64.03B | — |
| Interest expense | $603.00M | $996.00M | $849.00M | $798.00M | — |
| Pretax income | $41.27B | $48.87B | $52.78B | $77.75B | — |
| Tax provision | $11.50B | $13.81B | $15.43B | $20.18B | — |
| Net income | $28.84B | $33.68B | $36.01B | $55.74B | — |
| EBITDA | $67.86B | $73.31B | $74.27B | $102.59B | — |
| Diluted EPS | $6.70 | $7.84 | $8.89 | $13.26 | — |
Balance sheet
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | $448.98B | $453.48B | $376.32B | $369.07B | — |
| Current assets | $83.38B | $91.99B | $96.61B | $97.63B | — |
| Cash & equivalents | $10.68B | $23.03B | $31.54B | $29.64B | — |
| Inventory | $26.30B | $23.52B | $25.12B | $24.43B | — |
| Total liabilities | $182.35B | $182.87B | $163.78B | $166.59B | — |
| Current liabilities | $72.33B | $70.31B | $65.32B | $69.05B | — |
| Total debt | $43.54B | $41.71B | $41.57B | $41.19B | — |
| Long-term debt | $27.93B | $32.80B | $33.65B | $37.26B | — |
| Shareholders' equity | $259.39B | $263.70B | $204.80B | $195.05B | — |
| Retained earnings | $482.49B | $470.90B | $453.93B | $432.86B | — |
| Working capital | $11.05B | $21.68B | $31.29B | $28.59B | — |
Cash flow
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | $51.97B | $55.02B | $55.37B | $76.80B | — |
| Investing cash flow | -$25.93B | -$19.94B | -$19.27B | -$14.74B | — |
| Financing cash flow | -$39.08B | -$42.79B | -$34.30B | -$39.11B | — |
| Capital expenditure | -$28.36B | -$24.31B | -$21.92B | -$18.41B | — |
| Free cash flow | $23.61B | $30.72B | $33.45B | $58.39B | — |
| Dividends paid | -$17.23B | -$16.70B | -$14.94B | -$14.94B | — |
| Share buybacks | -$20.27B | -$19.63B | -$17.75B | -$15.15B | — |
| End cash position | $10.68B | $23.19B | $31.57B | $29.66B | — |
Reported figures from public filings via Yahoo Finance. Line coverage varies by company. Not investment advice.
Dividends
Analyst assessment
as of 26 Aug 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.
Technicals
as of 26 Aug 2026News
Sector peers
Other Energy names by market cap.
Compare side by side →Notes & alerts
Sign in to keep a private research note and set price alerts for XOM.