Name: ExxonMobil Holdings Corp. (NYSE:XOM) | Balance Sheet: Assets
Creator: Stock Analysis on Net

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

Download chart

Current Assets: Selected Items

Download chart

ExxonMobil Holdings Corp., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash and cash equivalents	10,681)	23,029)	31,539)	29,640)	6,802)
Cash and cash equivalents, restricted	—)	158)	29)	25)	—)
Notes and accounts receivable, trade, less reserves	35,744)	35,282)	30,296)	32,844)	26,883)
Notes and accounts receivable, other, less reserves	8,818)	8,399)	7,719)	8,905)	5,500)
Notes and accounts receivable, net	44,562)	43,681)	38,015)	41,749)	32,383)
Inventories	26,302)	23,524)	25,120)	24,435)	18,780)
Other current assets	1,837)	1,598)	1,906)	1,782)	1,189)
Current assets	83,382)	91,990)	96,609)	97,631)	59,154)
Investments	32,653)	34,010)	34,080)	34,522)	31,225)
Advances, net of allowances	6,130)	7,084)	7,527)	8,049)	8,326)
Equity method company investments and advances	38,783)	41,094)	41,607)	42,571)	39,551)
Equity securities carried at fair value and other investments at adjusted cost basis	271)	343)	177)	278)	138)
Long-term receivables and miscellaneous, net of reserves	6,263)	5,763)	5,846)	6,944)	5,506)
Investments, advances and long-term receivables	45,317)	47,200)	47,630)	49,793)	45,195)
Property, plant and equipment, at cost, less accumulated depreciation and depletion	299,373)	294,318)	214,940)	204,692)	216,552)
Other assets, including intangibles, net	20,908)	19,967)	17,138)	16,951)	18,022)
Long-term assets	365,598)	361,485)	279,708)	271,436)	279,769)
Total assets	448,980)	453,475)	376,317)	369,067)	338,923)

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).

Total assets experienced a substantial overall increase between 2021 and 2025, growing from 338,923 million US$ to 448,980 million US$. This growth is characterized by a significant surge in 2024, followed by a slight contraction in 2025. The primary driver of this expansion is the shift toward long-term asset accumulation rather than current asset growth.

Liquidity and Current Asset Trends: Current assets peaked in 2022 at 97,631 million US$ and have since trended downward to 83,382 million US$ by 2025. This decline is primarily attributed to a sharp reduction in cash and cash equivalents, which rose from 6,802 million US$ in 2021 to a peak of 31,539 million US$ in 2023, before falling precipitously to 10,681 million US$ in 2025. Conversely, notes and accounts receivable, net, showed a general upward trajectory, increasing from 32,383 million US$ in 2021 to 44,562 million US$ in 2025, suggesting an increase in credit extended to customers.
Capital Investment and Long-Term Assets: Long-term assets demonstrated a marked increase, particularly between 2023 and 2024, rising from 279,708 million US$ to 361,485 million US$. The most significant contributor to this growth was Property, Plant, and Equipment (PP&E), which saw a dramatic escalation from 214,940 million US$ in 2023 to 299,373 million US$ by 2025. This indicates a period of intensive capital expenditure or major asset acquisitions during the 2024 fiscal year.
Investment and Other Asset Stability: Investments, advances, and long-term receivables remained relatively stable throughout the period, starting at 45,195 million US$ in 2021 and ending at 45,317 million US$ in 2025. Equity method company investments and advances showed a slight downward trend from a peak of 42,571 million US$ in 2022 to 38,783 million US$ in 2025. Other assets, including intangibles, increased modestly from 18,022 million US$ in 2021 to 20,908 million US$ in 2025.

The overall financial structure reveals a strategic reallocation of capital. The reduction in cash reserves coinciding with the massive expansion of Property, Plant, and Equipment suggests a transition from a liquid position to a more asset-heavy operational stance, likely aimed at increasing long-term production capacity.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?