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XOM (Exxon Mobil) Net Margin % : 9.81% (As of Sep. 2024)


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What is Exxon Mobil Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Exxon Mobil's Net Income for the three months ended in Sep. 2024 was $8,610 Mil. Exxon Mobil's Revenue for the three months ended in Sep. 2024 was $87,792 Mil. Therefore, Exxon Mobil's net margin for the quarter that ended in Sep. 2024 was 9.81%.

The historical rank and industry rank for Exxon Mobil's Net Margin % or its related term are showing as below:

XOM' s Net Margin % Range Over the Past 10 Years
Min: -12.57   Med: 7.86   Max: 13.98
Current: 9.92


XOM's Net Margin % is ranked better than
64.81% of 949 companies
in the Oil & Gas industry
Industry Median: 3.73 vs XOM: 9.92

Exxon Mobil Net Margin % Historical Data

The historical data trend for Exxon Mobil's Net Margin % 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 Net Margin % Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 -12.57 8.33 13.98 10.76

Exxon Mobil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 10.24 9.34 10.22 10.27 9.81

Competitive Comparison of Exxon Mobil's Net Margin %

For the Oil & Gas Integrated subindustry, Exxon Mobil's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Exxon Mobil's Net Margin % distribution charts can be found below:

* The bar in red indicates where Exxon Mobil's Net Margin % falls into.



Exxon Mobil Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Exxon Mobil's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=36010/334697
=10.76 %

Exxon Mobil's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=8610/87792
=9.81 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Exxon Mobil Net Margin % Related Terms

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


Exxon Mobil Business Description

Address
22777 Springwoods Village Parkway, Spring, TX, USA, 77389-1425
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298