Return on Assets (ROA)
since 2005
Calculation
Exxon Mobil Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to ExxonMobil1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 9.57% | = | 100 | × | 36,010) | ÷ | 376,317) |
| Dec 31, 2022 | 15.10% | = | 100 | × | 55,740) | ÷ | 369,067) |
| Dec 31, 2021 | 6.80% | = | 100 | × | 23,040) | ÷ | 338,923) |
| Dec 31, 2020 | -6.74% | = | 100 | × | (22,440) | ÷ | 332,750) |
| Dec 31, 2019 | 3.95% | = | 100 | × | 14,340) | ÷ | 362,597) |
| Dec 31, 2018 | 6.02% | = | 100 | × | 20,840) | ÷ | 346,196) |
| Dec 31, 2017 | 5.65% | = | 100 | × | 19,710) | ÷ | 348,691) |
| Dec 31, 2016 | 2.37% | = | 100 | × | 7,840) | ÷ | 330,314) |
| Dec 31, 2015 | 4.80% | = | 100 | × | 16,150) | ÷ | 336,758) |
| Dec 31, 2014 | 9.30% | = | 100 | × | 32,520) | ÷ | 349,493) |
| Dec 31, 2013 | 9.39% | = | 100 | × | 32,580) | ÷ | 346,808) |
| Dec 31, 2012 | 13.45% | = | 100 | × | 44,880) | ÷ | 333,795) |
| Dec 31, 2011 | 12.40% | = | 100 | × | 41,060) | ÷ | 331,052) |
| Dec 31, 2010 | 10.07% | = | 100 | × | 30,460) | ÷ | 302,510) |
| Dec 31, 2009 | 8.26% | = | 100 | × | 19,280) | ÷ | 233,323) |
| Dec 31, 2008 | 19.83% | = | 100 | × | 45,220) | ÷ | 228,052) |
| Dec 31, 2007 | 16.78% | = | 100 | × | 40,610) | ÷ | 242,082) |
| Dec 31, 2006 | 18.04% | = | 100 | × | 39,500) | ÷ | 219,015) |
| Dec 31, 2005 | 17.34% | = | 100 | × | 36,130) | ÷ | 208,335) |
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., ROA, long-term trends, comparison to competitors
| Exxon Mobil Corp. | Chevron Corp. | ConocoPhillips | Occidental Petroleum Corp. | Texas Pacific Land Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 9.57% | 8.17% | 11.42% | 6.35% | 35.08% |
| Dec 31, 2022 | 15.10% | 13.76% | 19.91% | 18.32% | 50.87% |
| Dec 31, 2021 | 6.80% | 6.52% | 8.91% | 3.09% | 35.33% |
| Dec 31, 2020 | -6.74% | -2.31% | -4.31% | -18.52% | 30.80% |
| Dec 31, 2019 | 3.95% | 1.23% | 10.20% | -0.61% | 53.28% |
| Dec 31, 2018 | 6.02% | 5.84% | 8.94% | 9.42% | 73.57% |
| Dec 31, 2017 | 5.65% | 3.62% | -1.17% | 3.12% | 59.91% |
| Dec 31, 2016 | 2.37% | -0.19% | -4.03% | -1.33% | 59.63% |
| Dec 31, 2015 | 4.80% | 1.72% | -4.54% | -18.02% | 99.21% |
| Dec 31, 2014 | 9.30% | 7.23% | 5.89% | 1.09% | 105.02% |
| Dec 31, 2013 | 9.39% | 8.44% | 7.76% | 8.50% | 121.75% |
| Dec 31, 2012 | 13.45% | 11.24% | 7.19% | 7.16% | 92.74% |
| Dec 31, 2011 | 12.40% | 12.84% | 8.12% | 11.28% | 75.08% |
| Dec 31, 2010 | 10.07% | 10.30% | 7.27% | 8.64% | 45.26% |
| Dec 31, 2009 | 8.26% | 6.37% | 3.18% | 6.59% | 25.81% |
| Dec 31, 2008 | 19.83% | 14.85% | -11.90% | 16.51% | 35.54% |
| Dec 31, 2007 | 16.78% | 12.56% | 6.69% | 14.79% | 25.26% |
| Dec 31, 2006 | 18.04% | 12.92% | 9.44% | 12.93% | 35.64% |
| Dec 31, 2005 | 17.34% | 11.20% | 12.64% | 20.23% | 26.35% |
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., ROA, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Exxon Mobil Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 9.57% | 9.08% |
| Dec 31, 2022 | 15.10% | 15.57% |
| Dec 31, 2021 | 6.80% | 6.62% |
| Dec 31, 2020 | -6.74% | -6.33% |
| Dec 31, 2019 | 3.95% | 3.09% |
| Dec 31, 2018 | 6.02% | 6.48% |
| Dec 31, 2017 | 5.65% | 4.10% |
| Dec 31, 2016 | 2.37% | 0.44% |
| Dec 31, 2015 | 4.80% | 1.15% |
| Dec 31, 2014 | 9.30% | 7.52% |
| Dec 31, 2013 | 9.39% | 8.77% |
| Dec 31, 2012 | 13.45% | 11.24% |
| Dec 31, 2011 | 12.40% | 11.57% |
| Dec 31, 2010 | 10.07% | 9.39% |
| Dec 31, 2009 | 8.26% | 6.31% |
| Dec 31, 2008 | 19.83% | 10.29% |
| Dec 31, 2007 | 16.78% | 12.66% |
| Dec 31, 2006 | 18.04% | 13.92% |
| Dec 31, 2005 | 17.34% | 14.78% |
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., ROA, long-term trends, comparison to industry (energy)
| Exxon Mobil Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 9.57% | 9.06% |
| Dec 31, 2022 | 15.10% | 15.18% |
| Dec 31, 2021 | 6.80% | 6.51% |
| Dec 31, 2020 | -6.74% | -7.37% |
| Dec 31, 2019 | 3.95% | 1.67% |
| Dec 31, 2018 | 6.02% | 6.17% |
| Dec 31, 2017 | 5.65% | 3.54% |
| Dec 31, 2016 | 2.37% | 0.19% |
| Dec 31, 2015 | 4.80% | 1.31% |
| Dec 31, 2014 | 9.30% | 7.57% |
| Dec 31, 2013 | 9.39% | 8.87% |
| Dec 31, 2012 | 13.45% | 11.07% |
| Dec 31, 2011 | 12.40% | 11.39% |
| Dec 31, 2010 | 10.07% | 9.31% |
| Dec 31, 2009 | 8.26% | 6.47% |
| Dec 31, 2008 | 19.83% | 10.64% |
| Dec 31, 2007 | 16.78% | 12.92% |
| Dec 31, 2006 | 18.04% | 14.01% |
| Dec 31, 2005 | 17.34% | 14.68% |
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).