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One of the world's largest oil majors, producing oil and gas and refining fuels and chemicals globally.
One of the world's largest oil majors, producing oil and gas and refining fuels and chemicals globally.
Sells crude oil, gas, fuels and chemicals at market prices, with production earning the most when prices are high and refining and chemicals acting as a counterweight when they are low. Its biggest expansions are in the Permian Basin and offshore Guyana, where it is operator, and it bought Pioneer Natural Resources in 2024.
Moat: narrow (scale, cost advantage, installed base). Scale across integrated upstream-to-downstream operations lowers unit costs versus smaller producers.
Headquarters: Spring, Texas, US · Founded: 1999 · Employees: 58,000
Size ExxonMobil (XOM) is a United States Energy company (Integrated Oil) with a market value of $677B, the 18th largest of 3,117 United States companies the cockpit tracks. Shares closed at $165.87 on 6 Nov 2026.
Performance Over six months the shares gained 15.5%, against +9.9% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 5 in its peer set.
Growth Revenue grew 21.2% over the last twelve months (peer median +14.4%); the operating margin is 13.7% (peer median 15.5%).
Valuation It trades at 11.8× forward earnings against a peer median of 8.1× (most expensive of 5).
Price implies For today's price to make sense, revenue must grow about -6% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -19 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.8 points above its cost of capital (6.3% WACC).
Credit ExxonMobil has 14 bonds outstanding ($22.8B), rated AA- by the agencies and trading like AA+ at a weighted spread of 59 bp.
Short interest Short interest is 1.0% of the free float (15 Oct 2026).
Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $394B | $324B | $340B | $334B | $400B |
| Revenue growth | — | -5% | +2% | -17% | — |
| Gross profit | $87.1B | $70.2B | $76.6B | $82.3B | $103B |
| EBITDA | $83.9B | $59.9B | $63.8B | $64.0B | $89.5B |
| Net income | $40.6B | $28.8B | $33.7B | $36.0B | $55.7B |
| Free cash flow | $43.0B | $23.6B | $30.7B | $33.5B | $58.4B |
| Capital expenditure | $27.6B | $28.4B | $24.3B | $21.9B | $18.4B |
| Total debt | $34.2B | $50.5B | $48.3B | $47.7B | $46.9B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| ExxonMobil XOM | $677B | +16% | +21% | 14% | 11.8× | -5.9% |
| Chevron CVX | $415B | +18% | +22% | 15% | 11.4× | -3.0% |
| Shell Plc Sponsored ADR SHEL | $290B | +18% | +18% | 16% | 8.2× | -16.6% |
| TotalEnergies TTE.PA | $200B | +2% | +11% | 17% | 7.0× | -15.6% |
| BP PLC Sponsored ADR BP | $119B | +3% | +26% | 14% | 6.6× | n/a |
| ConocoPhillips COP | $164B | +21% | +9% | 22% | 11.5× | -6.2% |
| Eni ENI.MI | $82.2B | +6% | +4% | 9% | 8.4× | 0.8% |
| Equinor EQNR.OL | $102B | +12% | +2% | 33% | 7.2× | -15.4% |
| Occidental Petroleum OXY | $56.4B | +7% | -11% | 23% | 9.1× | -2.5% |
| Repsol REP.MC | $36.2B | +34% | +24% | 13% | 4.7× | -20.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | XOM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.6% | +1.6% | lowest of 5 |
| 6-month return | +15.5% | +9.9% | 3rd highest of 5 |
| Distance from 52-week high | -12.0% | -9.8% | 2nd lowest of 5 |
| Revenue growth (TTM) | +21.2% | +14.4% | 2nd highest of 5 |
| Operating margin | 13.7% | 15.5% | 2nd lowest of 5 |
| Forward P/E | 11.8× | 8.1× | most expensive of 5 |
| Growth the price implies (Req g, 7 yrs) | -5.9% | -7.7% | 3rd least demanding of 5 |
| Growth delivered (Del g) | +12.7% | +8.5% | 2nd highest of 5 |
| Hurdle (Req g minus delivered) | -18.6 pp | -18.1 pp | 3rd least demanding of 5 |
| ROIC minus cost of capital | +7.8 pp | +6.7 pp | 3rd highest of 5 |
| EV / EBITDA | 8.4× | 5.1× | most expensive of 5 |
| Net debt / EBITDA | 0.3× | 0.4× | 2nd least indebted of 5 |
| Bond spread | 59 bp | 63 bp | 2nd tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ExxonMobil XOM | United States | $677B | +16% | +21% | 14% | 11.8× | -5.9% | +12.7% |
| Chevron CVX | United States | $415B | +18% | +22% | 15% | 11.4× | -3.0% | +14.3% |
| Petrochina 0857.HK | Hong Kong | $345B | 0% | +14% | 8% | 8.4× | -4.6% | +7.5% |
| Shell SHEL.L | United Kingdom | $284B | +18% | +15% | 16% | 7.7× | -10.9% | +8.1% |
| TotalEnergies TTE.PA | France | $200B | +2% | +11% | 17% | 7.0× | -15.6% | +9.0% |
ExxonMobil has 14 bonds outstanding with $22.8B face value. The agencies rate it AA-; its bonds trade like AA+. Weighted yield 5.32%, a spread of 59 bp over government bonds.