GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (WBO:XOM) » Definitions » COGS-to-Revenue

Exxon Mobil (WBO:XOM) COGS-to-Revenue : 0.76 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Exxon Mobil COGS-to-Revenue?

Exxon Mobil's Cost of Goods Sold for the three months ended in Mar. 2024 was €56,584 Mil. Its Revenue for the three months ended in Mar. 2024 was €73,978 Mil.

Exxon Mobil's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Exxon Mobil's Gross Margin % for the three months ended in Mar. 2024 was 23.51%.


Exxon Mobil COGS-to-Revenue Historical Data

The historical data trend for Exxon Mobil's COGS-to-Revenue 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 COGS-to-Revenue Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.95 0.77 0.74 0.75

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial 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 0.71 0.75 0.75 0.78 0.76

Exxon Mobil COGS-to-Revenue Calculation

Exxon Mobil's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=229758.935 / 306917.149
=0.75

Exxon Mobil's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=56583.68 / 73978.12
=0.76

* 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  (WBO:XOM) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Exxon Mobil's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 56583.68 / 73978.12
=23.51 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.


Exxon Mobil COGS-to-Revenue Related Terms

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


Exxon Mobil (WBO:XOM) Business Description

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 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.

Exxon Mobil (WBO:XOM) Headlines

From GuruFocus

Exxon Mobil Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Exxon Mobil Corp Low Carbon Solutions Spotlight Transcript

By GuruFocus Research 01-23-2024