GURUFOCUS.COM » STOCK LIST » Europe » Austria » WBO » Exxon Mobil Corp (WBO:XOM) » Definitions » Tax Rate %
Switch to:

Exxon Mobil (WBO:XOM) Tax Rate %

: 29.52% (As of Mar. 2023)
View and export this data going back to 2017. Start your Free Trial

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Exxon Mobil's Tax Expense for the three months ended in Mar. 2023 was €4,633 Mil. Exxon Mobil's Pre-Tax Income for the three months ended in Mar. 2023 was €15,694 Mil. Therefore, Exxon Mobil's Tax Rate % for the quarter that ended in Mar. 2023 was 29.52%.


Exxon Mobil Tax Rate % Historical Data

The historical data trend for Exxon Mobil's Tax Rate % 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 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.80 26.34 19.50 24.45 25.95

Exxon Mobil Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.80 25.50 20.55 30.71 29.52

Exxon Mobil Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Exxon Mobil's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=19046.144/73398.832
=25.95 %

Exxon Mobil's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=4632.64/15694.002
=29.52 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Exxon Mobil's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Exxon Mobil (WBO:XOM) Business Description

Exxon Mobil logo
Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2021, reserves were 18.5 billion barrels of oil equivalent, 66% 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 one of the world's largest manufacturers of commodity and specialty chemicals.

Exxon Mobil (WBO:XOM) Headlines