Stock Analysis on Net
Stock Analysis on Net

Exxon Mobil Corp. (NYSE:XOM)

Debt to Equity
since 2005

Microsoft Excel

Calculation

Exxon Mobil Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Notes, loans payable and long-term debt1 ÷ Total ExxonMobil share of equity1
Dec 31, 2023 0.20 = 41,573 ÷ 204,802
Dec 31, 2022 0.21 = 41,193 ÷ 195,049
Dec 31, 2021 0.28 = 47,704 ÷ 168,577
Dec 31, 2020 0.43 = 67,640 ÷ 157,150
Dec 31, 2019 0.24 = 46,920 ÷ 191,650
Dec 31, 2018 0.20 = 37,796 ÷ 191,794
Dec 31, 2017 0.23 = 42,336 ÷ 187,688
Dec 31, 2016 0.26 = 42,762 ÷ 167,325
Dec 31, 2015 0.23 = 38,687 ÷ 170,811
Dec 31, 2014 0.17 = 29,121 ÷ 174,399
Dec 31, 2013 0.13 = 22,699 ÷ 174,003
Dec 31, 2012 0.07 = 11,581 ÷ 165,863
Dec 31, 2011 0.11 = 17,033 ÷ 154,396
Dec 31, 2010 0.10 = 15,014 ÷ 146,839
Dec 31, 2009 0.09 = 9,605 ÷ 110,569
Dec 31, 2008 0.08 = 9,425 ÷ 112,965
Dec 31, 2007 0.08 = 9,566 ÷ 121,762
Dec 31, 2006 0.07 = 8,347 ÷ 113,844
Dec 31, 2005 0.07 = 7,991 ÷ 111,186

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Exxon Mobil Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Exxon Mobil Corp. Chevron Corp. ConocoPhillips Marathon Petroleum Corp. Occidental Petroleum Corp. Valero Energy Corp.
Dec 31, 2023 0.20 0.13 0.38 1.12 0.65 0.44
Dec 31, 2022 0.21 0.15 0.35 0.96 0.66 0.49
Dec 31, 2021 0.28 0.23 0.44 0.97 1.46 0.75
Dec 31, 2020 0.43 0.34 0.51 1.42 1.95 0.78
Dec 31, 2019 0.24 0.19 0.43 0.86 1.13 0.44
Dec 31, 2018 0.20 0.22 0.47 0.78 0.48 0.42
Dec 31, 2017 0.23 0.26 0.64 0.92 0.48 0.40
Dec 31, 2016 0.26 0.32 0.78 0.78 0.46 0.40
Dec 31, 2015 0.23 0.25 0.63 0.90 0.34 0.36
Dec 31, 2014 0.17 0.18 0.43 0.62 0.20 0.31
Dec 31, 2013 0.13 0.14 0.42 0.31 0.16 0.34
Dec 31, 2012 0.07 0.09 0.45 0.29 0.19 0.39
Dec 31, 2011 0.11 0.08 0.35 0.35 0.16 0.47
Dec 31, 2010 0.10 0.11 0.34 — 0.16 0.55
Dec 31, 2009 0.09 0.11 0.46 — 0.10 0.50
Dec 31, 2008 0.08 0.10 0.50 — 0.10 0.42
Dec 31, 2007 0.08 0.09 0.24 — 0.08 0.37
Dec 31, 2006 0.07 0.14 0.33 — 0.15 0.28
Dec 31, 2005 0.07 0.21 0.24 — 0.19 0.36

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Exxon Mobil Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Exxon Mobil Corp. Oil, Gas & Consumable Fuels
Dec 31, 2023 0.20 0.28
Dec 31, 2022 0.21 0.29
Dec 31, 2021 0.28 0.40
Dec 31, 2020 0.43 0.55
Dec 31, 2019 0.24 0.36
Dec 31, 2018 0.20 0.29
Dec 31, 2017 0.23 0.31
Dec 31, 2016 0.26 0.36
Dec 31, 2015 0.23 0.31
Dec 31, 2014 0.17 0.22
Dec 31, 2013 0.13 0.18
Dec 31, 2012 0.07 0.15
Dec 31, 2011 0.11 0.16
Dec 31, 2010 0.10 0.17
Dec 31, 2009 0.09 0.19
Dec 31, 2008 0.08 0.19
Dec 31, 2007 0.08 0.14
Dec 31, 2006 0.07 0.18
Dec 31, 2005 0.07 0.16

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Exxon Mobil Corp., debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
Exxon Mobil Corp. Energy
Dec 31, 2023 0.20 0.29
Dec 31, 2022 0.21 0.30
Dec 31, 2021 0.28 0.42
Dec 31, 2020 0.43 0.58
Dec 31, 2019 0.24 0.37
Dec 31, 2018 0.20 0.30
Dec 31, 2017 0.23 0.33
Dec 31, 2016 0.26 0.37
Dec 31, 2015 0.23 0.33
Dec 31, 2014 0.17 0.23
Dec 31, 2013 0.13 0.19
Dec 31, 2012 0.07 0.17
Dec 31, 2011 0.11 0.18
Dec 31, 2010 0.10 0.18
Dec 31, 2009 0.09 0.20
Dec 31, 2008 0.08 0.19
Dec 31, 2007 0.08 0.15
Dec 31, 2006 0.07 0.19
Dec 31, 2005 0.07 0.17

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).