Return on Equity (ROE)
since 2005
Calculation
Exxon Mobil Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to ExxonMobil1 | ÷ | Total ExxonMobil share of equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 17.58% | = | 100 | × | 36,010) | ÷ | 204,802) |
| Dec 31, 2022 | 28.58% | = | 100 | × | 55,740) | ÷ | 195,049) |
| Dec 31, 2021 | 13.67% | = | 100 | × | 23,040) | ÷ | 168,577) |
| Dec 31, 2020 | -14.28% | = | 100 | × | (22,440) | ÷ | 157,150) |
| Dec 31, 2019 | 7.48% | = | 100 | × | 14,340) | ÷ | 191,650) |
| Dec 31, 2018 | 10.87% | = | 100 | × | 20,840) | ÷ | 191,794) |
| Dec 31, 2017 | 10.50% | = | 100 | × | 19,710) | ÷ | 187,688) |
| Dec 31, 2016 | 4.69% | = | 100 | × | 7,840) | ÷ | 167,325) |
| Dec 31, 2015 | 9.45% | = | 100 | × | 16,150) | ÷ | 170,811) |
| Dec 31, 2014 | 18.65% | = | 100 | × | 32,520) | ÷ | 174,399) |
| Dec 31, 2013 | 18.72% | = | 100 | × | 32,580) | ÷ | 174,003) |
| Dec 31, 2012 | 27.06% | = | 100 | × | 44,880) | ÷ | 165,863) |
| Dec 31, 2011 | 26.59% | = | 100 | × | 41,060) | ÷ | 154,396) |
| Dec 31, 2010 | 20.74% | = | 100 | × | 30,460) | ÷ | 146,839) |
| Dec 31, 2009 | 17.44% | = | 100 | × | 19,280) | ÷ | 110,569) |
| Dec 31, 2008 | 40.03% | = | 100 | × | 45,220) | ÷ | 112,965) |
| Dec 31, 2007 | 33.35% | = | 100 | × | 40,610) | ÷ | 121,762) |
| Dec 31, 2006 | 34.70% | = | 100 | × | 39,500) | ÷ | 113,844) |
| Dec 31, 2005 | 32.50% | = | 100 | × | 36,130) | ÷ | 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., ROE, long-term trends, comparison to competitors
| Exxon Mobil Corp. | Chevron Corp. | ConocoPhillips | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 17.58% | 13.28% | 22.23% | 39.67% | 15.52% | 33.53% |
| Dec 31, 2022 | 28.58% | 22.27% | 38.91% | 52.38% | 44.22% | 48.93% |
| Dec 31, 2021 | 13.67% | 11.24% | 17.79% | 37.16% | 11.42% | 5.05% |
| Dec 31, 2020 | -14.28% | -4.21% | -9.05% | -44.26% | -79.85% | -7.56% |
| Dec 31, 2019 | 7.48% | 2.03% | 20.55% | 7.83% | -1.95% | 11.11% |
| Dec 31, 2018 | 10.87% | 9.59% | 19.59% | 7.90% | 19.37% | 14.41% |
| Dec 31, 2017 | 10.50% | 6.21% | -2.79% | 24.46% | 6.37% | 18.48% |
| Dec 31, 2016 | 4.69% | -0.34% | -10.34% | 8.66% | -2.67% | 11.43% |
| Dec 31, 2015 | 9.45% | 3.00% | -11.14% | 21.55% | -32.15% | 19.44% |
| Dec 31, 2014 | 18.65% | 12.41% | 13.23% | 23.48% | 1.76% | 17.56% |
| Dec 31, 2013 | 18.72% | 14.37% | 17.58% | 19.34% | 13.69% | 13.98% |
| Dec 31, 2012 | 27.06% | 19.18% | 17.56% | 28.98% | 11.49% | 11.55% |
| Dec 31, 2011 | 26.59% | 22.16% | 19.07% | 25.13% | 18.00% | 12.73% |
| Dec 31, 2010 | 20.74% | 18.10% | 16.57% | — | 13.95% | 2.16% |
| Dec 31, 2009 | 17.44% | 11.41% | 7.78% | — | 10.02% | -13.46% |
| Dec 31, 2008 | 40.03% | 27.62% | -30.81% | — | 25.12% | -7.24% |
| Dec 31, 2007 | 33.35% | 24.24% | 13.36% | — | 23.66% | 28.28% |
| Dec 31, 2006 | 34.70% | 24.86% | 18.82% | — | 21.80% | 29.36% |
| Dec 31, 2005 | 32.50% | 22.50% | 25.66% | — | 35.13% | 23.85% |
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., ROE, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Exxon Mobil Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 17.58% | 18.46% |
| Dec 31, 2022 | 28.58% | 30.85% |
| Dec 31, 2021 | 13.67% | 14.29% |
| Dec 31, 2020 | -14.28% | -15.01% |
| Dec 31, 2019 | 7.48% | 6.26% |
| Dec 31, 2018 | 10.87% | 11.38% |
| Dec 31, 2017 | 10.50% | 8.71% |
| Dec 31, 2016 | 4.69% | 1.64% |
| Dec 31, 2015 | 9.45% | 3.64% |
| Dec 31, 2014 | 18.65% | 14.61% |
| Dec 31, 2013 | 18.72% | 16.47% |
| Dec 31, 2012 | 27.06% | 21.32% |
| Dec 31, 2011 | 26.59% | 22.65% |
| Dec 31, 2010 | 20.74% | 17.85% |
| Dec 31, 2009 | 17.44% | 11.52% |
| Dec 31, 2008 | 40.03% | 19.44% |
| Dec 31, 2007 | 33.35% | 24.86% |
| Dec 31, 2006 | 34.70% | 26.99% |
| Dec 31, 2005 | 32.50% | 28.30% |
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., ROE, long-term trends, comparison to industry (energy)
| Exxon Mobil Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 17.58% | 18.55% |
| Dec 31, 2022 | 28.58% | 30.45% |
| Dec 31, 2021 | 13.67% | 14.23% |
| Dec 31, 2020 | -14.28% | -17.24% |
| Dec 31, 2019 | 7.48% | 3.86% |
| Dec 31, 2018 | 10.87% | 10.98% |
| Dec 31, 2017 | 10.50% | 7.69% |
| Dec 31, 2016 | 4.69% | 1.11% |
| Dec 31, 2015 | 9.45% | 3.81% |
| Dec 31, 2014 | 18.65% | 14.59% |
| Dec 31, 2013 | 18.72% | 16.52% |
| Dec 31, 2012 | 27.06% | 20.90% |
| Dec 31, 2011 | 26.59% | 22.17% |
| Dec 31, 2010 | 20.74% | 17.53% |
| Dec 31, 2009 | 17.44% | 11.80% |
| Dec 31, 2008 | 40.03% | 20.13% |
| Dec 31, 2007 | 33.35% | 25.29% |
| Dec 31, 2006 | 34.70% | 27.27% |
| Dec 31, 2005 | 32.50% | 28.32% |
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).