Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Exxon Mobil Corp., profitability ratios
Based on: 10-K (reporting date: 2024-12-31), 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).
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Exxon Mobil Corp. operating profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Exxon Mobil Corp. net profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Exxon Mobil Corp. ROE deteriorated from 2022 to 2023 and from 2023 to 2024. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Exxon Mobil Corp. ROA deteriorated from 2022 to 2023 and from 2023 to 2024. |
Operating Profit Margin
Exxon Mobil Corp., operating profit margin calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 49,990) | 54,346) | 79,033) | 32,967) | (26,520) | |
| Sales and other operating revenue | 339,247) | 334,697) | 398,675) | 276,692) | 178,574) | |
| Profitability Ratio | ||||||
| Operating profit margin1 | 14.74% | 16.24% | 19.82% | 11.91% | -14.85% | |
| Benchmarks | ||||||
| Operating Profit Margin, Competitors2 | ||||||
| Chevron Corp. | 14.63% | 15.37% | 21.42% | 14.81% | -6.22% | |
| ConocoPhillips | 26.64% | 30.57% | 36.80% | 29.84% | -12.74% | |
| Occidental Petroleum Corp. | 16.40% | 24.21% | 38.32% | 17.59% | -79.89% | |
| Operating Profit Margin, Sector | ||||||
| Oil, Gas & Consumable Fuels | 15.84% | 17.63% | 23.01% | 14.73% | -15.83% | |
| Operating Profit Margin, Industry | ||||||
| Energy | 15.84% | 17.57% | 22.71% | 14.61% | -18.01% | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Sales and other operating revenue
= 100 × 49,990 ÷ 339,247 = 14.74%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Exxon Mobil Corp. operating profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Net Profit Margin
Exxon Mobil Corp., net profit margin calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to ExxonMobil | 33,680) | 36,010) | 55,740) | 23,040) | (22,440) | |
| Sales and other operating revenue | 339,247) | 334,697) | 398,675) | 276,692) | 178,574) | |
| Profitability Ratio | ||||||
| Net profit margin1 | 9.93% | 10.76% | 13.98% | 8.33% | -12.57% | |
| Benchmarks | ||||||
| Net Profit Margin, Competitors2 | ||||||
| Chevron Corp. | 9.13% | 10.85% | 15.05% | 10.04% | -5.87% | |
| ConocoPhillips | 16.89% | 19.52% | 23.80% | 17.63% | -14.38% | |
| Occidental Petroleum Corp. | 11.43% | 16.62% | 36.32% | 8.95% | -83.28% | |
| Net Profit Margin, Sector | ||||||
| Oil, Gas & Consumable Fuels | 10.36% | 11.86% | 16.44% | 9.73% | -14.70% | |
| Net Profit Margin, Industry | ||||||
| Energy | 10.47% | 11.90% | 16.28% | 9.67% | -16.81% | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Net profit margin = 100 × Net income (loss) attributable to ExxonMobil ÷ Sales and other operating revenue
= 100 × 33,680 ÷ 339,247 = 9.93%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Exxon Mobil Corp. net profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Return on Equity (ROE)
Exxon Mobil Corp., ROE calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to ExxonMobil | 33,680) | 36,010) | 55,740) | 23,040) | (22,440) | |
| Total ExxonMobil share of equity | 263,705) | 204,802) | 195,049) | 168,577) | 157,150) | |
| Profitability Ratio | ||||||
| ROE1 | 12.77% | 17.58% | 28.58% | 13.67% | -14.28% | |
| Benchmarks | ||||||
| ROE, Competitors2 | ||||||
| Chevron Corp. | 11.59% | 13.28% | 22.27% | 11.24% | -4.21% | |
| ConocoPhillips | 14.27% | 22.23% | 38.91% | 17.79% | -9.05% | |
| Occidental Petroleum Corp. | 8.95% | 15.52% | 44.22% | 11.42% | -79.85% | |
| ROE, Sector | ||||||
| Oil, Gas & Consumable Fuels | 12.36% | 16.40% | 28.49% | 13.14% | -13.50% | |
| ROE, Industry | ||||||
| Energy | 12.70% | 16.59% | 28.13% | 13.12% | -16.04% | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
ROE = 100 × Net income (loss) attributable to ExxonMobil ÷ Total ExxonMobil share of equity
= 100 × 33,680 ÷ 263,705 = 12.77%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Exxon Mobil Corp. ROE deteriorated from 2022 to 2023 and from 2023 to 2024. |
Return on Assets (ROA)
Exxon Mobil Corp., ROA calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to ExxonMobil | 33,680) | 36,010) | 55,740) | 23,040) | (22,440) | |
| Total assets | 453,475) | 376,317) | 369,067) | 338,923) | 332,750) | |
| Profitability Ratio | ||||||
| ROA1 | 7.43% | 9.57% | 15.10% | 6.80% | -6.74% | |
| Benchmarks | ||||||
| ROA, Competitors2 | ||||||
| Chevron Corp. | 6.87% | 8.17% | 13.76% | 6.52% | -2.31% | |
| ConocoPhillips | 7.53% | 11.42% | 19.91% | 8.91% | -4.31% | |
| Occidental Petroleum Corp. | 3.58% | 6.35% | 18.32% | 3.09% | -18.52% | |
| ROA, Sector | ||||||
| Oil, Gas & Consumable Fuels | 6.93% | 9.04% | 15.53% | 6.59% | -6.36% | |
| ROA, Industry | ||||||
| Energy | 7.04% | 9.02% | 15.14% | 6.48% | -7.40% | |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
ROA = 100 × Net income (loss) attributable to ExxonMobil ÷ Total assets
= 100 × 33,680 ÷ 453,475 = 7.43%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Exxon Mobil Corp. ROA deteriorated from 2022 to 2023 and from 2023 to 2024. |