Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Exxon Mobil's share price for the quarter that ended in Dec. 2023 was $99.98. Exxon Mobil's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3,971 Mil. Therefore, Exxon Mobil's market cap for the quarter that ended in Dec. 2023 was $397,021 Mil.
Exxon Mobil's quarterly market cap
increased
from Jun. 2023 ($429,342 Mil) to Sep. 2023 ($465,960 Mil) but then
declined
from Sep. 2023 ($465,960 Mil) to Dec. 2023 ($397,021 Mil).
Exxon Mobil's annual market cap
increased
from Dec. 2021 ($259,384 Mil) to Dec. 2022 ($450,245 Mil) but then
declined
from Dec. 2022 ($450,245 Mil) to Dec. 2023 ($397,021 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Exxon Mobil's Enterprise Value for Today is $479,602 Mil.
Exxon Mobil Market Cap Historical Data
The historical data trend for Exxon Mobil's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Exxon Mobil Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
295,448.52
174,484.26
259,384.41
450,244.60
397,020.58
Exxon Mobil Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
450,244.60
443,353.19
429,342.13
465,960.13
397,020.58
Competitive Comparison
For the Oil & Gas Integrated subindustry, Exxon Mobil's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Exxon Mobil Market Cap Distribution
For the Oil & Gas industry and Energy sector, Exxon Mobil's Market Cap distribution charts can be found below:
* The bar in red indicates where Exxon Mobil's Market Cap falls into.
Exxon Mobil Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Exxon Mobil's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Exxon Mobil (NYSE:XOM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Exxon Mobil Market Cap Related Terms
Thank you for viewing the detailed overview of Exxon Mobil's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
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