Net Profit Margin
since 2005
Calculation
Exxon Mobil Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to ExxonMobil1 | ÷ | Sales and other operating revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 10.76% | = | 100 | × | 36,010) | ÷ | 334,697) |
| Dec 31, 2022 | 13.98% | = | 100 | × | 55,740) | ÷ | 398,675) |
| Dec 31, 2021 | 8.33% | = | 100 | × | 23,040) | ÷ | 276,692) |
| Dec 31, 2020 | -12.57% | = | 100 | × | (22,440) | ÷ | 178,574) |
| Dec 31, 2019 | 5.61% | = | 100 | × | 14,340) | ÷ | 255,583) |
| Dec 31, 2018 | 7.46% | = | 100 | × | 20,840) | ÷ | 279,332) |
| Dec 31, 2017 | 8.31% | = | 100 | × | 19,710) | ÷ | 237,162) |
| Dec 31, 2016 | 3.59% | = | 100 | × | 7,840) | ÷ | 218,608) |
| Dec 31, 2015 | 6.22% | = | 100 | × | 16,150) | ÷ | 259,488) |
| Dec 31, 2014 | 8.25% | = | 100 | × | 32,520) | ÷ | 394,105) |
| Dec 31, 2013 | 7.74% | = | 100 | × | 32,580) | ÷ | 420,836) |
| Dec 31, 2012 | 9.90% | = | 100 | × | 44,880) | ÷ | 453,123) |
| Dec 31, 2011 | 8.79% | = | 100 | × | 41,060) | ÷ | 467,029) |
| Dec 31, 2010 | 8.23% | = | 100 | × | 30,460) | ÷ | 370,125) |
| Dec 31, 2009 | 6.39% | = | 100 | × | 19,280) | ÷ | 301,500) |
| Dec 31, 2008 | 9.84% | = | 100 | × | 45,220) | ÷ | 459,579) |
| Dec 31, 2007 | 10.40% | = | 100 | × | 40,610) | ÷ | 390,328) |
| Dec 31, 2006 | 10.81% | = | 100 | × | 39,500) | ÷ | 365,467) |
| Dec 31, 2005 | 10.07% | = | 100 | × | 36,130) | ÷ | 358,955) |
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., net profit margin, long-term trends, comparison to competitors
| Exxon Mobil Corp. | Chevron Corp. | ConocoPhillips | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 10.76% | 10.85% | 19.52% | 6.52% | 16.62% | 6.10% |
| Dec 31, 2022 | 13.98% | 15.05% | 23.80% | 8.18% | 36.32% | 6.54% |
| Dec 31, 2021 | 8.33% | 10.04% | 17.63% | 8.12% | 8.95% | 0.82% |
| Dec 31, 2020 | -12.57% | -5.87% | -14.38% | -14.08% | -83.28% | -2.19% |
| Dec 31, 2019 | 5.61% | 2.09% | 22.07% | 2.13% | -3.27% | 2.24% |
| Dec 31, 2018 | 7.46% | 9.33% | 17.18% | 2.88% | 23.18% | 2.67% |
| Dec 31, 2017 | 8.31% | 6.83% | -2.94% | 4.59% | 10.48% | 4.33% |
| Dec 31, 2016 | 3.59% | -0.45% | -15.26% | 1.85% | -5.69% | 3.03% |
| Dec 31, 2015 | 6.22% | 3.53% | -14.98% | 3.96% | -62.73% | 4.54% |
| Dec 31, 2014 | 8.25% | 9.60% | 13.08% | 2.58% | 3.19% | 2.77% |
| Dec 31, 2013 | 7.74% | 9.73% | 16.83% | 2.11% | 24.14% | 1.97% |
| Dec 31, 2012 | 9.90% | 11.35% | 14.54% | 4.12% | 19.02% | 1.50% |
| Dec 31, 2011 | 8.79% | 11.01% | 5.08% | 3.04% | 28.28% | 1.66% |
| Dec 31, 2010 | 8.23% | 9.60% | 6.00% | — | 23.79% | 0.39% |
| Dec 31, 2009 | 6.39% | 6.26% | 3.25% | — | 18.92% | -2.91% |
| Dec 31, 2008 | 9.84% | 9.03% | -7.06% | — | 28.31% | -0.95% |
| Dec 31, 2007 | 10.40% | 8.73% | 6.34% | — | 28.75% | 5.49% |
| Dec 31, 2006 | 10.81% | 8.36% | 8.47% | — | 23.68% | 5.95% |
| Dec 31, 2005 | 10.07% | 7.28% | 7.54% | — | 34.73% | 4.37% |
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., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Exxon Mobil Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 10.76% | 10.07% |
| Dec 31, 2022 | 13.98% | 13.53% |
| Dec 31, 2021 | 8.33% | 8.09% |
| Dec 31, 2020 | -12.57% | -12.77% |
| Dec 31, 2019 | 5.61% | 4.24% |
| Dec 31, 2018 | 7.46% | 7.36% |
| Dec 31, 2017 | 8.31% | 6.33% |
| Dec 31, 2016 | 3.59% | 1.32% |
| Dec 31, 2015 | 6.22% | 2.59% |
| Dec 31, 2014 | 8.25% | 7.31% |
| Dec 31, 2013 | 7.74% | 7.71% |
| Dec 31, 2012 | 9.90% | 9.07% |
| Dec 31, 2011 | 8.79% | 7.73% |
| Dec 31, 2010 | 8.23% | 7.65% |
| Dec 31, 2009 | 6.39% | 5.07% |
| Dec 31, 2008 | 9.84% | 5.22% |
| Dec 31, 2007 | 10.40% | 9.03% |
| Dec 31, 2006 | 10.81% | 9.48% |
| Dec 31, 2005 | 10.07% | 8.76% |
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., net profit margin, long-term trends, comparison to industry (energy)
| Exxon Mobil Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 10.76% | 10.16% |
| Dec 31, 2022 | 13.98% | 13.49% |
| Dec 31, 2021 | 8.33% | 8.10% |
| Dec 31, 2020 | -12.57% | -14.38% |
| Dec 31, 2019 | 5.61% | 2.62% |
| Dec 31, 2018 | 7.46% | 7.32% |
| Dec 31, 2017 | 8.31% | 5.77% |
| Dec 31, 2016 | 3.59% | 0.93% |
| Dec 31, 2015 | 6.22% | 2.78% |
| Dec 31, 2014 | 8.25% | 7.51% |
| Dec 31, 2013 | 7.74% | 8.04% |
| Dec 31, 2012 | 9.90% | 9.23% |
| Dec 31, 2011 | 8.79% | 7.89% |
| Dec 31, 2010 | 8.23% | 7.89% |
| Dec 31, 2009 | 6.39% | 5.34% |
| Dec 31, 2008 | 9.84% | 5.57% |
| Dec 31, 2007 | 10.40% | 9.36% |
| Dec 31, 2006 | 10.81% | 9.69% |
| Dec 31, 2005 | 10.07% | 8.87% |
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).