Exxon Mobil Corp (XOM)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 327,504,000 | 321,083,000 | 321,309,000 | 311,291,000 | 314,845,000 | 332,512,000 | 354,284,000 | 386,780,000 | 390,705,000 | 379,361,000 | 341,179,000 | 293,658,000 | 261,928,000 | 222,776,000 | 194,912,000 | 162,144,000 | 154,561,000 | 176,529,000 | 194,412,000 | 225,990,000 |
| Total assets | US$ in thousands | 453,475,000 | 461,916,000 | 460,707,000 | 377,918,000 | 376,317,000 | 372,259,000 | 363,248,000 | 369,371,000 | 369,067,000 | 370,152,000 | 367,774,000 | 354,771,000 | 338,923,000 | 336,688,000 | 337,289,000 | 333,770,000 | 332,750,000 | 358,043,000 | 361,495,000 | 355,804,000 |
| Operating ROA | 72.22% | 69.51% | 69.74% | 82.37% | 83.66% | 89.32% | 97.53% | 104.71% | 105.86% | 102.49% | 92.77% | 82.77% | 77.28% | 66.17% | 57.79% | 48.58% | 46.45% | 49.30% | 53.78% | 63.52% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $327,504,000K ÷ $453,475,000K
= 72.22%
Exxon Mobil Corp's operating return on assets (Operating ROA) has shown a fluctuating trend over the observed period, ranging from 63.52% on March 31, 2020, to 72.22% on December 31, 2024.
The Operating ROA experienced a general upward trajectory from March 31, 2020, to December 31, 2022, with a significant jump from 63.52% to 105.86% during this period. This indicates that the company was generating higher operating income relative to its assets.
However, there was a decline in Operating ROA from the peak in December 2022 to June 30, 2023. This could be a result of various factors such as changes in operating efficiency, asset utilization, or economic conditions impacting the company's operations.
From June 30, 2023, to December 31, 2024, Exxon Mobil Corp's Operating ROA exhibited a more stable but decreasing trend, ending at 72.22%. This decline may suggest challenges in maintaining or improving the efficiency of operating income generation relative to assets.
Overall, fluctuations in Exxon Mobil Corp's Operating ROA over the period highlight the importance of monitoring operational efficiency and asset management to sustain profitability and enhance shareholder value.
Peer comparison
Dec 31, 2024