Exxon Mobil Corp (XOM)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	33,680,000	33,700,000	34,160,000	32,800,000	36,010,000	41,130,000	51,720,000	61,690,000	55,740,000	51,860,000	38,950,000	25,790,000	23,040,000	-5,900,000	-13,330,000	-19,100,000	-22,440,000	3,320,000	7,170,000	11,380,000
Revenue (ttm)	US$ in thousands	349,585,000	350,503,000	351,247,000	341,101,000	344,582,000	355,667,000	376,977,000	409,744,000	413,680,000	403,216,000	364,932,000	316,993,000	285,640,000	247,215,000	219,628,000	184,491,000	181,502,000	202,135,000	220,985,000	257,471,000
Net profit margin		9.63%	9.61%	9.73%	9.62%	10.45%	11.56%	13.72%	15.06%	13.47%	12.86%	10.67%	8.14%	8.07%	-2.39%	-6.07%	-10.35%	-12.36%	1.64%	3.24%	4.42%

December 31, 2024 calculation

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

The net profit margin of Exxon Mobil Corp has shown fluctuations over the past few years. It decreased significantly in the last two quarters of 2020 to negative values, indicating the company's net income was lower than its revenue during that period. However, starting from March 31, 2021, the net profit margin started to improve and has been on an upward trend since then. As of December 31, 2024, the net profit margin stood at 9.63%, showing a steady recovery and improvement in the company's profitability. This positive trend in the net profit margin suggests that Exxon Mobil Corp has been able to manage its costs more effectively and generate higher profits relative to its revenue in recent quarters.