Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
Exxon Mobil Corp. pages available for free this week:
- Statement of Comprehensive Income
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Reportable Segments
- Enterprise Value to EBITDA (EV/EBITDA)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2005
- Debt to Equity since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Exxon Mobil Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Exxon Mobil Corp., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
The asset composition exhibits a cyclical shift between liquidity and long-term capital investment over the analyzed period. A notable expansion in current assets occurred between early 2021 and late 2023, followed by a gradual contraction and a return to a more capital-intensive asset structure by mid-2026.
- Liquidity and Current Asset Trends
- Current assets rose from 14.44% of total assets in March 2021 to a peak of 27.17% in September 2023. This growth was primarily driven by a substantial increase in cash and cash equivalents, which climbed from 1.05% to a peak of 8.85% in the same period. However, starting in 2024, a downward trend in liquidity is observed, with cash and cash equivalents declining to 2.28% by June 2026. Notes and accounts receivable demonstrated more persistence, increasing from 7.42% in March 2021 to 13.04% by June 2026, suggesting a shift toward higher credit-based sales or longer collection cycles.
- Inventory Management
- Inventories remained relatively stable as a percentage of total assets, fluctuating within a narrow band between 5.17% and 6.68%. Crude oil, products, and merchandise consistently accounted for approximately 4% to 5.5% of the asset base, while materials and supplies showed a gradual decline from 1.38% in March 2021 to 0.69% in June 2026, indicating a potential optimization of supply chain overhead.
- Fixed Asset and Long-Term Investment Analysis
- Property, plant, and equipment (PP&E), net, represents the largest portion of the balance sheet. A decline was observed from 67.30% in March 2021 to a low of 54.87% in September 2022, coinciding with the period of highest relative liquidity. Subsequently, PP&E recovered, reaching 63.79% by June 2026, signaling a reallocation of capital back into core infrastructure. Long-term assets overall followed this pattern, dipping from 85.56% to 72.83% before recovering to 78.30%.
- Strategic Asset Reallocation
- Investments, advances, and long-term receivables showed a consistent downward trend, decreasing from 13.24% in March 2021 to 9.82% in June 2026. This suggests a strategic movement away from long-term financial instruments and receivables in favor of either immediate liquidity (during the 2022-2023 peak) or reinvestment into physical productive assets (during the 2024-2026 period).