Exxon Mobil Corp (XOM)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 263,705,000 | 268,592,000 | 268,405,000 | 205,250,000 | 204,802,000 | 199,703,000 | 199,046,000 | 198,685,000 | 195,049,000 | 186,100,000 | 177,316,000 | 169,215,000 | 168,577,000 | 160,589,000 | 158,571,000 | 156,974,000 | 157,150,000 | 177,400,000 | 180,183,000 | 182,079,000 |
| ROE | 12.77% | 12.55% | 12.73% | 15.98% | 17.58% | 20.60% | 25.98% | 31.05% | 28.58% | 27.87% | 21.97% | 15.24% | 13.67% | -3.67% | -8.41% | -12.17% | -14.28% | 1.87% | 3.98% | 6.25% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $33,680,000K ÷ $263,705,000K
= 12.77%
Exxon Mobil Corp's return on equity (ROE) has shown a fluctuating trend over the past few years. The ROE for the company was consistently positive from March 31, 2020, to March 31, 2022, with a steady increase in the percentage. However, the ROE turned negative in the following quarters, indicating a decline in profitability relative to shareholders' equity.
From December 31, 2023, to June 30, 2024, the ROE remained relatively stable in the range of 12% to 15%, showcasing a moderate level of return generated on shareholders' equity. This could suggest a period of stability in the company's performance in terms of generating profits using equity.
Exxon Mobil experienced a notable improvement in ROE from September 30, 2024, to December 31, 2024, with the percentage rising to 12.77%. This uptrend could indicate a positive sign for the company's profitability and efficiency in utilizing equity to generate returns for its shareholders.
Overall, the analysis of Exxon Mobil's ROE highlights both positive and negative trends, emphasizing the importance of monitoring and assessing the company's performance in generating returns for its shareholders over time.
Peer comparison
Dec 31, 2024