Exxon Mobil Corp (XOM)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	33,680,000	36,010,000	55,740,000	23,040,000	-22,440,000
Revenue	US$ in thousands	349,585,000	344,582,000	413,680,000	285,640,000	181,502,000
Net profit margin		9.63%	10.45%	13.47%	8.07%	-12.36%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $33,680,000K ÷ $349,585,000K
= 9.63%

Based on the provided data, Exxon Mobil Corp's net profit margin has shown fluctuating trends over the past five years. The net profit margin was negative at -12.36% as of December 31, 2020, indicating that the company's expenses exceeded its revenues during that period. However, there was a significant improvement in profitability in the following years, with the net profit margin increasing to 8.07% as of December 31, 2021, and further rising to 13.47% as of December 31, 2022.

Subsequently, there was a slight decrease in the net profit margin to 10.45% as of December 31, 2023, followed by another dip to 9.63% as of December 31, 2024. These fluctuations in the net profit margin suggest some variability in the company's ability to control costs and generate profits over the years.

Overall, while Exxon Mobil Corp has demonstrated improvements in profitability in recent years, the fluctuations in the net profit margin highlight the importance of closely monitoring expenses and revenue generation to sustain and enhance profitability in the future.