Exxon Mobil Corp (XOM)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 48,486,000 | 49,236,000 | 49,956,000 | 47,983,000 | 52,288,000 | 60,517,000 | 72,018,000 | 84,789,000 | 76,714,000 | 69,711,000 | 54,246,000 | 36,313,000 | 31,623,000 | -5,885,000 | -15,577,000 | -23,281,000 | -26,914,000 | 5,428,000 | 10,368,000 | 16,189,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 18.39% | 18.33% | 18.61% | 23.38% | 25.53% | 30.30% | 36.18% | 42.68% | 39.33% | 37.46% | 30.59% | 21.46% | 18.76% | -3.66% | -9.82% | -14.83% | -17.13% | 3.06% | 5.75% | 8.89% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $48,486,000K ÷ ($—K + $263,705,000K)
= 18.39%
Exxon Mobil Corp's return on total capital has fluctuated over the period under review, displaying both positive and negative trends. The company's return on total capital was relatively stable and positive from March 2020 through to June 2021, with rates ranging from 8.89% to -9.82%. However, there was a significant decline in return on total capital in the last quarter of 2021, dropping to -17.13%.
The company's return on total capital then saw a sharp recovery in the subsequent quarters, reaching a high of 42.68% in March 2023. Despite some fluctuations in the following quarters, Exxon Mobil Corp maintained a generally positive trend in return on total capital, with rates ranging from 18.39% in December 2024 to 30.59% in June 2022. In the most recent quarter, the return on total capital stood at 18.39%.
Overall, Exxon Mobil Corp's return on total capital shows variability but indicates the company's ability to generate profits from its capital investments over the period under review.
Peer comparison
Dec 31, 2024