Exxon Mobil Corp (XOM)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 14,340,000 | 14,650,000 | 17,720,000 | 18,540,000 |
| Revenue (ttm) | US$ in thousands | 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 | 264,938,000 | 269,660,000 | 281,216,000 | 283,581,000 |
| Net profit margin | 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% | 5.41% | 5.43% | 6.30% | 6.54% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $36,010,000K ÷ $344,582,000K
= 10.45%
Exxon Mobil Corp.'s net profit margin has shown some fluctuation over the past eight quarters. In Q1 2022, the net profit margin was at its lowest point at 8.34%, indicating that the company was able to retain only about 8.34% of its revenue as net profit. However, there was a gradual increase in the net profit margin over the next three quarters, reaching a peak of 15.50% in Q1 2023.
Despite the fluctuations, the net profit margin has generally remained above 10%, which suggests that the company has maintained a healthy level of profitability during this period. It is important to note that changes in the net profit margin can be influenced by various factors such as changes in revenue, operating expenses, and net income.
Overall, Exxon Mobil Corp.'s net profit margin performance indicates that the company has been able to effectively manage its costs and generate profits relative to its revenue over the past two years.
Peer comparison
Dec 31, 2023