Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Exxon Mobil Corp. (NYSE:XOM)

Analysis of Long-term (Investment) Activity Ratios

Beginner level

Long-term Activity Ratios (Summary)

Exxon Mobil Corp., long-term (investment) activity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Net fixed asset turnover 1.01 1.13 0.94 0.90 1.03
Net fixed asset turnover (including operating lease, right-of-use asset) 0.98 1.13 0.94 0.90 1.03
Total asset turnover 0.70 0.81 0.68 0.66 0.77
Equity turnover 1.33 1.46 1.26 1.31 1.52

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Exxon Mobil Corp.’s net fixed asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Exxon Mobil Corp.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Exxon Mobil Corp.’s total asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Exxon Mobil Corp.’s equity turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Net Fixed Asset Turnover

Exxon Mobil Corp., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 255,583  279,332  237,162  218,608  259,488 
Property, plant and equipment, at cost, less accumulated depreciation and depletion 253,018  247,101  252,630  244,224  251,605 
Long-term Activity Ratio
Net fixed asset turnover1 1.01 1.13 0.94 0.90 1.03
Benchmarks
Net Fixed Asset Turnover, Competitors2
Chevron Corp. 0.93 0.94 0.76 0.60 0.69
ConocoPhillips 0.77 0.80 0.64 0.41 0.44
Net Fixed Asset Turnover, Sector
Oil & Gas Producers 0.96 1.03 0.84 0.73 0.83

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24).

1 2019 Calculation
Net fixed asset turnover = Sales and other operating revenue ÷ Property, plant and equipment, at cost, less accumulated depreciation and depletion
= 255,583 ÷ 253,018 = 1.01

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Exxon Mobil Corp.’s net fixed asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Exxon Mobil Corp., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 255,583  279,332  237,162  218,608  259,488 
 
Property, plant and equipment, at cost, less accumulated depreciation and depletion 253,018  247,101  252,630  244,224  251,605 
Operating lease right of use assets (included in Other assets, including intangibles, net) 6,633  —  —  —  — 
Property, plant and equipment, at cost, less accumulated depreciation and depletion (including operating lease, right-of-use asset) 259,651  247,101  252,630  244,224  251,605 
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 0.98 1.13 0.94 0.90 1.03
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Chevron Corp. 0.90 0.94 0.76 0.60 0.69
ConocoPhillips 0.75 0.80 0.64 0.41 0.44
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector
Oil & Gas Producers 0.94 1.03 0.84 0.73 0.83

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24).

1 2019 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Sales and other operating revenue ÷ Property, plant and equipment, at cost, less accumulated depreciation and depletion (including operating lease, right-of-use asset)
= 255,583 ÷ 259,651 = 0.98

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Exxon Mobil Corp.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Total Asset Turnover

Exxon Mobil Corp., total asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 255,583  279,332  237,162  218,608  259,488 
Total assets 362,597  346,196  348,691  330,314  336,758 
Long-term Activity Ratio
Total asset turnover1 0.70 0.81 0.68 0.66 0.77
Benchmarks
Total Asset Turnover, Competitors2
Chevron Corp. 0.59 0.63 0.53 0.42 0.49
ConocoPhillips 0.46 0.52 0.40 0.26 0.30
Total Asset Turnover, Sector
Oil & Gas Producers 0.64 0.71 0.59 0.52 0.60

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24).

1 2019 Calculation
Total asset turnover = Sales and other operating revenue ÷ Total assets
= 255,583 ÷ 362,597 = 0.70

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Exxon Mobil Corp.’s total asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Equity Turnover

Exxon Mobil Corp., equity turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 255,583  279,332  237,162  218,608  259,488 
Total ExxonMobil share of equity 191,650  191,794  187,688  167,325  170,811 
Long-term Activity Ratio
Equity turnover1 1.33 1.46 1.26 1.31 1.52
Benchmarks
Equity Turnover, Competitors2
Chevron Corp. 0.97 1.03 0.91 0.76 0.85
ConocoPhillips 0.93 1.14 0.95 0.68 0.74
Equity Turnover, Sector
Oil & Gas Producers 1.15 1.25 1.09 1.01 1.15

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-27), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24).

1 2019 Calculation
Equity turnover = Sales and other operating revenue ÷ Total ExxonMobil share of equity
= 255,583 ÷ 191,650 = 1.33

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Exxon Mobil Corp.’s equity turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.