Net Profit Margin
since 2005
Calculation
ExxonMobil Holdings Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to ExxonMobil1 | ÷ | Sales and other operating revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 8.91% | = | 100 | × | 28,844) | ÷ | 323,905) |
| Dec 31, 2024 | 9.93% | = | 100 | × | 33,680) | ÷ | 339,247) |
| Dec 31, 2023 | 10.76% | = | 100 | × | 36,010) | ÷ | 334,697) |
| Dec 31, 2022 | 13.98% | = | 100 | × | 55,740) | ÷ | 398,675) |
| Dec 31, 2021 | 8.33% | = | 100 | × | 23,040) | ÷ | 276,692) |
| Dec 31, 2020 | -12.57% | = | 100 | × | (22,440) | ÷ | 178,574) |
| Dec 31, 2019 | 5.61% | = | 100 | × | 14,340) | ÷ | 255,583) |
| Dec 31, 2018 | 7.46% | = | 100 | × | 20,840) | ÷ | 279,332) |
| Dec 31, 2017 | 8.31% | = | 100 | × | 19,710) | ÷ | 237,162) |
| Dec 31, 2016 | 3.59% | = | 100 | × | 7,840) | ÷ | 218,608) |
| Dec 31, 2015 | 6.22% | = | 100 | × | 16,150) | ÷ | 259,488) |
| Dec 31, 2014 | 8.25% | = | 100 | × | 32,520) | ÷ | 394,105) |
| Dec 31, 2013 | 7.74% | = | 100 | × | 32,580) | ÷ | 420,836) |
| Dec 31, 2012 | 9.90% | = | 100 | × | 44,880) | ÷ | 453,123) |
| Dec 31, 2011 | 8.79% | = | 100 | × | 41,060) | ÷ | 467,029) |
| Dec 31, 2010 | 8.23% | = | 100 | × | 30,460) | ÷ | 370,125) |
| Dec 31, 2009 | 6.39% | = | 100 | × | 19,280) | ÷ | 301,500) |
| Dec 31, 2008 | 9.84% | = | 100 | × | 45,220) | ÷ | 459,579) |
| Dec 31, 2007 | 10.40% | = | 100 | × | 40,610) | ÷ | 390,328) |
| Dec 31, 2006 | 10.81% | = | 100 | × | 39,500) | ÷ | 365,467) |
| Dec 31, 2005 | 10.07% | = | 100 | × | 36,130) | ÷ | 358,955) |
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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The net profit margin exhibits significant volatility over the twenty-year period, characterized by cycles of stability, sharp contractions, and a singular instance of negative profitability. While the margin frequently fluctuated between 6% and 11% for much of the period, external market shocks created extreme deviations in profitability.
- Early Stability and Intermediate Fluctuations (2005–2014)
- From 2005 to 2008, the net profit margin remained relatively stable, oscillating within a narrow range between 9.84% and 10.81%. A notable decline occurred in 2009, where the margin dropped to 6.39%, coinciding with a significant reduction in both net income and total sales revenue. A subsequent recovery led to a peak of 9.90% in 2012, followed by another period of moderation between 7.74% and 8.25% through 2014.
- Period of Contraction and Lowest Positive Margin (2015–2019)
- A downward trend is observed starting in 2015, with the margin falling to 6.22% and reaching a cyclical low of 3.59% in 2016. Although a recovery to 8.31% was achieved in 2017, the margin entered a gradual decline over the following two years, ending 2019 at 5.61%.
- Extreme Volatility and Peak Performance (2020–2022)
- The year 2020 represents the most significant anomaly in the dataset, with a net loss of 22,440 million US$, resulting in a negative net profit margin of -12.57%. This was followed by a rapid and aggressive recovery. The margin returned to positive territory at 8.33% in 2021 and surged to a period high of 13.98% in 2022, the highest margin recorded since 2005, driven by a substantial increase in net income to 55,740 million US$.
- Recent Normalization Trend (2023–2025)
- Following the 2022 peak, a trend of normalization is evident. The net profit margin decreased to 10.76% in 2023, 9.93% in 2024, and is projected or recorded at 8.91% by 2025. This suggests a return to the historical average observed during the earlier stable periods of the company's financial history.
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Comparison to Competitors
ExxonMobil Holdings Corp., net profit margin, long-term trends, comparison to competitors
| ExxonMobil Holdings Corp. | Chevron Corp. | ConocoPhillips | |
|---|---|---|---|
| Dec 31, 2025 | 8.91% | 6.67% | 13.55% |
| Dec 31, 2024 | 9.93% | 9.13% | 16.89% |
| Dec 31, 2023 | 10.76% | 10.85% | 19.52% |
| Dec 31, 2022 | 13.98% | 15.05% | 23.80% |
| Dec 31, 2021 | 8.33% | 10.04% | 17.63% |
| Dec 31, 2020 | -12.57% | -5.87% | -14.38% |
| Dec 31, 2019 | 5.61% | 2.09% | 22.07% |
| Dec 31, 2018 | 7.46% | 9.33% | 17.18% |
| Dec 31, 2017 | 8.31% | 6.83% | -2.94% |
| Dec 31, 2016 | 3.59% | -0.45% | -15.26% |
| Dec 31, 2015 | 6.22% | 3.53% | -14.98% |
| Dec 31, 2014 | 8.25% | 9.60% | 13.08% |
| Dec 31, 2013 | 7.74% | 9.73% | 16.83% |
| Dec 31, 2012 | 9.90% | 11.35% | 14.54% |
| Dec 31, 2011 | 8.79% | 11.01% | 5.08% |
| Dec 31, 2010 | 8.23% | 9.60% | 6.00% |
| Dec 31, 2009 | 6.39% | 6.26% | 3.25% |
| Dec 31, 2008 | 9.84% | 9.03% | -7.06% |
| Dec 31, 2007 | 10.40% | 8.73% | 6.34% |
| Dec 31, 2006 | 10.81% | 8.36% | 8.47% |
| Dec 31, 2005 | 10.07% | 7.28% | 7.54% |
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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
ExxonMobil Holdings Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| ExxonMobil Holdings Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2025 | 8.91% | 8.66% |
| Dec 31, 2024 | 9.93% | 10.31% |
| Dec 31, 2023 | 10.76% | 11.63% |
| Dec 31, 2022 | 13.98% | 15.41% |
| Dec 31, 2021 | 8.33% | 9.78% |
| Dec 31, 2020 | -12.57% | -10.51% |
| Dec 31, 2019 | 5.61% | 5.71% |
| Dec 31, 2018 | 7.46% | 8.83% |
| Dec 31, 2017 | 8.31% | 7.00% |
| Dec 31, 2016 | 3.59% | 1.06% |
| Dec 31, 2015 | 6.22% | 3.89% |
| Dec 31, 2014 | 8.25% | 9.06% |
| Dec 31, 2013 | 7.74% | 9.08% |
| Dec 31, 2012 | 9.90% | 10.72% |
| Dec 31, 2011 | 8.79% | 8.41% |
| Dec 31, 2010 | 8.23% | 8.03% |
| Dec 31, 2009 | 6.39% | 5.60% |
| Dec 31, 2008 | 9.84% | 5.40% |
| Dec 31, 2007 | 10.40% | 8.99% |
| Dec 31, 2006 | 10.81% | 9.57% |
| Dec 31, 2005 | 10.07% | 8.71% |
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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
ExxonMobil Holdings Corp., net profit margin, long-term trends, comparison to industry (energy)
| ExxonMobil Holdings Corp. | Energy | |
|---|---|---|
| Dec 31, 2025 | 8.91% | 8.71% |
| Dec 31, 2024 | 9.93% | 10.43% |
| Dec 31, 2023 | 10.76% | 11.68% |
| Dec 31, 2022 | 13.98% | 15.29% |
| Dec 31, 2021 | 8.33% | 9.70% |
| Dec 31, 2020 | -12.57% | -13.06% |
| Dec 31, 2019 | 5.61% | 3.11% |
| Dec 31, 2018 | 7.46% | 8.68% |
| Dec 31, 2017 | 8.31% | 6.15% |
| Dec 31, 2016 | 3.59% | 0.54% |
| Dec 31, 2015 | 6.22% | 4.04% |
| Dec 31, 2014 | 8.25% | 9.21% |
| Dec 31, 2013 | 7.74% | 9.44% |
| Dec 31, 2012 | 9.90% | 10.84% |
| Dec 31, 2011 | 8.79% | 8.58% |
| Dec 31, 2010 | 8.23% | 8.29% |
| Dec 31, 2009 | 6.39% | 5.89% |
| Dec 31, 2008 | 9.84% | 5.80% |
| Dec 31, 2007 | 10.40% | 9.37% |
| Dec 31, 2006 | 10.81% | 9.82% |
| Dec 31, 2005 | 10.07% | 8.84% |
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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).