Exxon Mobil (MEX:XOM) Research & Development: MXN0 Mil (TTM As of Mar. 2026)


MEX:XOM Exxon Mobil Corp MEX:XOM
69 GF Score
Price MXN2,396.00
GF Value MXN2,004.52
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Exxon Mobil Research & Development?

Exxon Mobil MEX:XOM -0.58% 69 Research & Development is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:XOM with a GF Score™ of 69/100 and a GF Value™ of MXN2,004.52 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Exxon Mobil's Research & Development for the three months ended in Mar. 2026 was MXN0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN0 Mil.

Exxon Mobil  (MEX:XOM) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Exxon Mobil Research & Development Related Terms

Exxon Mobil Research & Development Historical Data

* Premium members only.

The historical data trend for Exxon Mobil's Research & Development 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.

Exxon Mobil Research & Development Chart

Exxon Mobil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Exxon Mobil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 0.00 0.00 0.00 0.00 0.00
MEX:XOM
69GF Score
Exxon Mobil Corp MEX:XOM
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exxon Mobil Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN0 Mil mean?
Exxon Mobil (MEX:XOM) has a Research & Development of MXN0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Exxon Mobil and its competitors.
Is Exxon Mobil's Research & Development too high?
Exxon Mobil's current Research & Development is MXN0 Mil. Overall, Exxon Mobil has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exxon Mobil's Research & Development compare to CVX and NFG?
Exxon Mobil's Research & Development of MXN0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Exxon Mobil and its competitors. Exxon Mobil's current Research & Development is MXN0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxon Mobil stock overvalued right now?
Based on GuruFocus' analysis, Exxon Mobil (MEX:XOM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,004.52, compared to a current price of MXN2,396.00 — trading 19.5% above its estimated fair value. The current Research & Development is MXN0 Mil. Exxon Mobil's overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Exxon Mobil (MEX:XOM), the current Research & Development is MXN0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Exxon Mobil (MEX:XOM) Overvalued in 2026?

Based on GuruFocus' analysis, Exxon Mobil stock appears to be overvalued. The current stock price of MXN2,396.00 is trading 19.5% above its estimated GF Value™ of MXN2,004.52. GuruFocus considers Exxon Mobil to be Modestly Overvalued.

Key valuation signals for MEX:XOM:

  • Research & Development: MXN0 Mil
  • GF Value™: MXN2,004.52 vs. price of MXN2,396.00 (19.5% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the MEX:XOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Exxon Mobil Business Description

Industry EnergyOil & Gas
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 worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2025, reserves were 19.3 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.1 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
69GF Score

Get the complete analysis for MEX:XOM

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,396.00
Price
MXN2,004.52
GF Value