Stock Analysis on Net
Stock Analysis on Net

Exxon Mobil Corp. (NYSE:XOM)

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Beginner level


Long-term Activity Ratios (Summary)

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

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Net fixed asset turnover 0.85 1.00 1.01 1.04 1.08 1.11 1.13 1.12 1.06 0.98 0.94 0.89 0.90 0.90 0.90 0.87 0.89 0.95 1.03
Total asset turnover 0.59 0.70 0.70 0.73 0.75 0.77 0.81 0.78 0.75 0.71 0.68 0.65 0.66 0.66 0.66 0.64 0.66 0.71 0.77
Equity turnover 1.19 1.37 1.33 1.37 1.42 1.44 1.46 1.46 1.40 1.31 1.26 1.25 1.27 1.29 1.31 1.28 1.33 1.40 1.52

Based on: 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-11-04), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-06).

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 deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Exxon Mobil Corp.’s total asset turnover ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Exxon Mobil Corp.’s equity turnover ratio improved from Q4 2019 to Q1 2020 but then deteriorated significantly from Q1 2020 to Q2 2020.

Net Fixed Asset Turnover

Exxon Mobil Corp., net fixed asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 32,277  55,134  63,024  63,422  67,491  61,646  68,253  74,187  71,456  65,436  66,901  58,551  55,236  56,474  58,376  56,767  56,360  47,105  57,691  65,679  71,360  64,758 
Property, plant and equipment, net 250,524  248,409  253,018  250,512  250,853  248,563  247,101  249,153  248,209  250,352  252,630  255,556  252,987  253,147  244,224  251,923  254,062  255,257  251,605  250,583  253,653  249,497 
Long-term Activity Ratio
Net fixed asset turnover1 0.85 1.00 1.01 1.04 1.08 1.11 1.13 1.12 1.06 0.98 0.94 0.89 0.90 0.90 0.90 0.87 0.89 0.95 1.03
Benchmarks
Net Fixed Asset Turnover, Competitors2
Chevron Corp. 0.80 0.91 0.93 0.89 0.92 0.94 0.94 0.90 0.84 0.79 0.76 0.72 0.69 0.66 0.60 0.59 0.60 0.64 0.69
ConocoPhillips 0.59 0.73 0.77 0.79 0.82 0.80 0.80 0.78 0.69 0.66 0.64 0.60 0.59 0.48 0.41 0.38 0.38 0.41 0.44

Based on: 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-11-04), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-06).

1 Q2 2020 Calculation
Net fixed asset turnover = (Sales and other operating revenueQ2 2020 + Sales and other operating revenueQ1 2020 + Sales and other operating revenueQ4 2019 + Sales and other operating revenueQ3 2019) ÷ Property, plant and equipment, net
= (32,277 + 55,134 + 63,024 + 63,422) ÷ 250,524 = 0.85

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 deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Total Asset Turnover

Exxon Mobil Corp., total asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 32,277  55,134  63,024  63,422  67,491  61,646  68,253  74,187  71,456  65,436  66,901  58,551  55,236  56,474  58,376  56,767  56,360  47,105  57,691  65,679  71,360  64,758 
Total assets 361,495  355,804  362,597  359,361  360,729  356,189  346,196  354,628  348,790  348,826  348,691  349,427  343,012  344,209  330,314  339,386  342,473  342,789  336,758  340,662  348,260  342,961 
Long-term Activity Ratio
Total asset turnover1 0.59 0.70 0.70 0.73 0.75 0.77 0.81 0.78 0.75 0.71 0.68 0.65 0.66 0.66 0.66 0.64 0.66 0.71 0.77
Benchmarks
Total Asset Turnover, Competitors2
Chevron Corp. 0.51 0.57 0.59 0.57 0.60 0.61 0.63 0.60 0.57 0.54 0.53 0.50 0.49 0.46 0.42 0.42 0.43 0.46 0.49
ConocoPhillips 0.39 0.45 0.46 0.49 0.51 0.51 0.52 0.49 0.47 0.43 0.40 0.37 0.35 0.30 0.26 0.25 0.25 0.27 0.30

Based on: 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-11-04), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-06).

1 Q2 2020 Calculation
Total asset turnover = (Sales and other operating revenueQ2 2020 + Sales and other operating revenueQ1 2020 + Sales and other operating revenueQ4 2019 + Sales and other operating revenueQ3 2019) ÷ Total assets
= (32,277 + 55,134 + 63,024 + 63,422) ÷ 361,495 = 0.59

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 deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Equity Turnover

Exxon Mobil Corp., equity turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenue 32,277  55,134  63,024  63,422  67,491  61,646  68,253  74,187  71,456  65,436  66,901  58,551  55,236  56,474  58,376  56,767  56,360  47,105  57,691  65,679  71,360  64,758 
Total ExxonMobil share of equity 180,183  182,079  191,650  189,915  191,377  191,222  191,794  190,365  187,222  188,195  187,688  182,276  179,178  177,151  167,325  170,597  170,591  172,187  170,811  170,723  172,668  171,227 
Long-term Activity Ratio
Equity turnover1 1.19 1.37 1.33 1.37 1.42 1.44 1.46 1.46 1.40 1.31 1.26 1.25 1.27 1.29 1.31 1.28 1.33 1.40 1.52
Benchmarks
Equity Turnover, Competitors2
Chevron Corp. 0.86 0.94 0.97 0.93 0.98 1.01 1.03 1.01 0.96 0.93 0.91 0.88 0.85 0.81 0.76 0.74 0.76 0.80 0.85
ConocoPhillips 0.77 0.94 0.93 0.98 1.10 1.12 1.14 1.09 1.03 0.99 0.95 0.91 0.91 0.74 0.68 0.64 0.64 0.69 0.74

Based on: 10-Q (filing date: 2020-08-05), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-26), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-27), 10-Q (filing date: 2018-11-07), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-28), 10-Q (filing date: 2017-11-01), 10-Q (filing date: 2017-08-02), 10-Q (filing date: 2017-05-03), 10-K (filing date: 2017-02-22), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-03), 10-Q (filing date: 2016-05-04), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-11-04), 10-Q (filing date: 2015-08-05), 10-Q (filing date: 2015-05-06).

1 Q2 2020 Calculation
Equity turnover = (Sales and other operating revenueQ2 2020 + Sales and other operating revenueQ1 2020 + Sales and other operating revenueQ4 2019 + Sales and other operating revenueQ3 2019) ÷ Total ExxonMobil share of equity
= (32,277 + 55,134 + 63,024 + 63,422) ÷ 180,183 = 1.19

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 Q4 2019 to Q1 2020 but then deteriorated significantly from Q1 2020 to Q2 2020.