Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Exxon Mobil's operating assets for the quarter that ended in Mar. 2026 was CHF358,989 Mil. Exxon Mobil's operating liabilities for the quarter that ended in Mar. 2026 was CHF122,624 Mil. Exxon Mobil's Total Assets for the quarter that ended in Dec. 2025 was CHF357,792 Mil. Therefore, Exxon Mobil's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.
Exxon Mobil Scaled Net Operating Assets Related Terms
Exxon Mobil Scaled Net Operating Assets Historical Data
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The historical data trend for Exxon Mobil's Scaled Net Operating Assets 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.
XSWX:XOM vs CVX, NFG, DEC: Scaled Net Operating Assets Comparison
For the Oil & Gas Integrated subindustry, Exxon Mobil's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Exxon Mobil's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Exxon Mobil's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.66 mean?
Exxon Mobil (XSWX:XOM) has a Scaled Net Operating Assets of 0.66 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Exxon Mobil and its competitors.
Is Exxon Mobil's Scaled Net Operating Assets too high?
Exxon Mobil's current Scaled Net Operating Assets is 0.66. Overall, Exxon Mobil has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Exxon Mobil's Scaled Net Operating Assets compare to CVX and NFG?
Exxon Mobil's Scaled Net Operating Assets of 0.66 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 Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Exxon Mobil and its competitors. Exxon Mobil's current Scaled Net Operating Assets is 0.66. 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?
Exxon Mobil (XSWX:XOM) has a current Scaled Net Operating Assets of 0.66. The stock's GF Value™ is CHF93.00, compared to a current price of CHF110.90 — trading 19.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Exxon Mobil's overall GF Score™ is 68/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Exxon Mobil (XSWX:XOM), the current Scaled Net Operating Assets is 0.66 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 (XSWX:XOM) Overvalued in 2026?
Based on GuruFocus' analysis, Exxon Mobil stock appears to be overvalued.
The current stock price of CHF110.90 is trading 19.2% above its estimated GF Value™ of CHF93.00.
Key valuation signals for XSWX:XOM:
Scaled Net Operating Assets: 0.66
GF Value™: CHF93.00 vs. price of CHF110.90 (19.2% above fair value)
No single metric tells the full story. See the XSWX:XOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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