Stock Analysis on Net

Exxon Mobil Corp. (NYSE:XOM)

$24.99

Analysis of Geographic Areas

Microsoft Excel

Area Profit Margin

Exxon Mobil Corp., profit margin by geographic area

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.

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).

Area profitability ratio Geographic area The company
Area profit margin United States United States area profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.
Non-U.S. Non-U.S. area profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Area Profit Margin: United States

Exxon Mobil Corp.; United States; area profit margin calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Earnings (loss) after income tax
Sales and other operating revenue
Area Profitability Ratio
Area profit margin1

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).

1 2023 Calculation
Area profit margin = 100 × Earnings (loss) after income tax ÷ Sales and other operating revenue
= 100 × ÷ =

Area profitability ratio Geographic area The company
Area profit margin United States United States area profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area Profit Margin: Non-U.S.

Exxon Mobil Corp.; Non-U.S.; area profit margin calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Earnings (loss) after income tax
Sales and other operating revenue
Area Profitability Ratio
Area profit margin1

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).

1 2023 Calculation
Area profit margin = 100 × Earnings (loss) after income tax ÷ Sales and other operating revenue
= 100 × ÷ =

Area profitability ratio Geographic area The company
Area profit margin Non-U.S. Non-U.S. area profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Area Return on Assets (Area ROA)

Exxon Mobil Corp., ROA by geographic area

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.

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).

Area profitability ratio Geographic area The company
Area ROA United States United States area ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.
Non-U.S. Non-U.S. area ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area ROA: United States

Exxon Mobil Corp.; United States; area ROA calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Earnings (loss) after income tax
Total assets
Area Profitability Ratio
Area ROA1

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).

1 2023 Calculation
Area ROA = 100 × Earnings (loss) after income tax ÷ Total assets
= 100 × ÷ =

Area profitability ratio Geographic area The company
Area ROA United States United States area ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area ROA: Non-U.S.

Exxon Mobil Corp.; Non-U.S.; area ROA calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Earnings (loss) after income tax
Total assets
Area Profitability Ratio
Area ROA1

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).

1 2023 Calculation
Area ROA = 100 × Earnings (loss) after income tax ÷ Total assets
= 100 × ÷ =

Area profitability ratio Geographic area The company
Area ROA Non-U.S. Non-U.S. area ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area Asset Turnover

Exxon Mobil Corp., asset turnover by geographic area

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.

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).

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.
Non-U.S. Non-U.S. area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area Asset Turnover: United States

Exxon Mobil Corp.; United States; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Sales and other operating revenue
Total assets
Area Activity Ratio
Area asset turnover1

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).

1 2023 Calculation
Area asset turnover = Sales and other operating revenue ÷ Total assets
= ÷ =

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area Asset Turnover: Non-U.S.

Exxon Mobil Corp.; Non-U.S.; area asset turnover calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Sales and other operating revenue
Total assets
Area Activity Ratio
Area asset turnover1

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).

1 2023 Calculation
Area asset turnover = Sales and other operating revenue ÷ Total assets
= ÷ =

Area activity ratio Geographic area The company
Area asset turnover Non-U.S. Non-U.S. area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Area Capital Expenditures to Depreciation

Exxon Mobil Corp., capital expenditures to depreciation by geographic area

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.

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).

Area financial ratio Geographic area The company
Area capital expenditures to depreciation United States United States area capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023.
Non-U.S. Non-U.S. area capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Area Capital Expenditures to Depreciation: United States

Exxon Mobil Corp.; United States; area capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Additions to property, plant and equipment
Depreciation and depletion expense
Area Financial Ratio
Area capital expenditures to depreciation1

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).

1 2023 Calculation
Area capital expenditures to depreciation = Additions to property, plant and equipment ÷ Depreciation and depletion expense
= ÷ =

Area financial ratio Geographic area The company
Area capital expenditures to depreciation United States United States area capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023.

Area Capital Expenditures to Depreciation: Non-U.S.

Exxon Mobil Corp.; Non-U.S.; area capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Additions to property, plant and equipment
Depreciation and depletion expense
Area Financial Ratio
Area capital expenditures to depreciation1

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).

1 2023 Calculation
Area capital expenditures to depreciation = Additions to property, plant and equipment ÷ Depreciation and depletion expense
= ÷ =

Area financial ratio Geographic area The company
Area capital expenditures to depreciation Non-U.S. Non-U.S. area capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Earnings (loss) after income tax

Exxon Mobil Corp., earnings (loss) after income tax by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.
Corporate and financing
Corporate total

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).


Sales and other operating revenue

Exxon Mobil Corp., sales and other operating revenue by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.
Corporate and financing
Corporate total

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).


Depreciation and depletion expense

Exxon Mobil Corp., depreciation and depletion expense by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.
Corporate and financing
Corporate total

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).


Additions to property, plant and equipment

Exxon Mobil Corp., additions to property, plant and equipment by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.
Corporate and financing
Corporate total

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).


Total assets

Exxon Mobil Corp., total assets by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
United States
Non-U.S.
Corporate and financing
Corporate total

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).