Exxon Mobil Corp (XOM)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 96.91% | 95.74% | 97.26% | 95.74% | 92.83% |
| Operating profit margin | 93.68% | 91.37% | 94.45% | 91.52% | 85.05% |
| Pretax margin | 13.58% | 14.93% | 18.35% | 10.74% | -15.47% |
| Net profit margin | 9.63% | 10.45% | 13.47% | 8.07% | -12.36% |
Exxon Mobil Corp's profitability ratios have shown a positive trend over the years based on the provided data. The gross profit margin has consistently increased from 92.83% in December 2020 to 96.91% by December 2024, indicating the company's ability to generate more revenue after accounting for the cost of goods sold.
Similarly, the operating profit margin has followed an upward trajectory, improving from 85.05% in December 2020 to 93.68% by December 2024. This indicates that Exxon Mobil has been effective in managing its operating expenses while generating operating income.
The pretax margin, which provides insight into the company's profitability before considering taxes, has also shown improvement. Despite a negative pretax margin of -15.47% in December 2020, Exxon Mobil managed to turn it around and achieve a pretax margin of 13.58% by December 2024, showcasing significant profitability growth.
Lastly, the net profit margin, which reflects the company's profitability after all expenses including taxes, has demonstrated a positive trend from -12.36% in December 2020 to 9.63% by December 2024. This indicates that Exxon Mobil has been successful in controlling costs and improving its bottom line profitability.
Overall, Exxon Mobil Corp's profitability ratios have improved steadily over the years, reflecting the company's ability to enhance efficiency, manage costs, and increase profitability.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 72.22% | 83.66% | 105.86% | 77.13% | 46.39% |
| Return on assets (ROA) | 7.43% | 9.57% | 15.10% | 6.80% | -6.74% |
| Return on total capital | 18.39% | 25.53% | 39.33% | 18.76% | -17.13% |
| Return on equity (ROE) | 12.77% | 17.58% | 28.58% | 13.67% | -14.28% |
Exxon Mobil Corp's profitability ratios show fluctuating trends over the years. The Operating return on assets (Operating ROA) has significantly improved from 46.39% in 2020 to 105.86% in 2022 before decreasing to 72.22% in 2024. This indicates the company's ability to generate operating income relative to its total assets, with a notable peak in 2022.
In terms of Return on assets (ROA), the company experienced negative returns in 2020 (-6.74%) but managed to turn it around to positive figures, reaching 15.10% in 2022. However, the ROA declined to 7.43% by the end of 2024, suggesting a reduction in the profitability of the company's assets utilization.
Return on total capital shows a similar upward trend, increasing from -17.13% in 2020 to 39.33% in 2022, indicating better efficiency in generating returns from total invested capital. However, it decreased to 18.39% by the end of 2024, reflecting a decline in the company's return on total capital.
Lastly, the Return on equity (ROE) also improved over the period, with a rise from -14.28% in 2020 to 28.58% in 2022, before decreasing to 12.77% in 2024. This shows the company's ability to generate profits from shareholders' equity but with some variability in performance.
Overall, Exxon Mobil Corp's profitability ratios display a mix of positive and negative trends, indicating fluctuations in the company's profitability and efficiency in utilizing its assets and capital over the years.