Skip to content
AnalystLens

ExxonMobilXOM

Legal name
ExxonMobil Holdings Corporation
Sector
Energy
Industry
Petroleum Refining
Exchange
NYSE

Stock Price $XOM

Latest filings

You are here#1 of 29 in Energy by market cap

Filing record · 2016–202610-K1110-Q338-K166

XOM filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 166 current reports (8-K) between 2016 and 2026.

  1. FY2018 annual report10-K · Feb ’19Feb ’19
  2. Leadership change8-K · Mar ’22Mar ’22
  3. Leadership change8-K · Dec ’25Dec ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  17. $332.24B
YoY changeLargest recent move+54.9%in FY21Latest −5.0%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All XOM Financial Metrics54 metrics

Income Statement13

Balance Sheet24

Cash Flow12

Per Share5

02—Overview

ExxonMobil Financial Overview 2021–2025

Updated Nov 3, 2026

ExxonMobil's aggressive expansion in the Permian Basin and Guyana drove upstream production to a record 4.7 million oil-equivalent barrels per day in FY2025, proving the immediate scale of its newly integrated assets. The energy giant has successfully rewired its portfolio to prioritize low-cost, advantaged volume growth, sustaining reliable cash generation even as global commodity prices cool.

While navigating a highly cyclical commodity market, ExxonMobil expanded its earnings per share from $5.39 in FY2021 to $6.70a in FY2025. This long-term profitability was fueled by the successful integration of its $65 billion acquisition of Pioneer Natural Resources, which closed in FY2024 and dramatically increased its North American capacity. Management has aggressively directed its cash flows back to investors, distributing $16.7 billion in dividends and executing $19.1 billion in share repurchases during FY2024 alone. Despite facing bottom-of-cycle chemical margins and a subsequent dip to $4.2 billion in net income during Q1 2026, disciplined capital allocation has kept the company's financial foundation intact.

At the close of FY2025, the market rewarded this operational execution by assigning the company a $502.9 billion market capitalizationb. The stock ended the fiscal year priced at $120.34, trading at an 18.0x P/E ratio.

Recent Developments (Q1 and Q2 2026)

Earnings rebounded sharply in Q2 2026. Net income hit $14.5 billionc, up from $4.2 billion in Q1 2026, as strong refining margins and elevated gas prices lifted Energy Products and Upstream. The debt-to-capital ratio fell to 13.7% from 15.4%. Cash capex ran $13.0 billion for the first half against a $27-$29 billion full-year plan. Holders received $10.0 billion in buybacks and $8.6 billion in dividends over six months. Q3 2026 brought $4.23 adjusted EPS, $19.1 billion free cash flow and a $20 billion buyback plan for 2027.

Governance shifted too. Susan Buchanan became Chief Accounting Officer on July 1, 2026. Shareholders approved the Texas move with 71.2%, and ExxonMobil Holdings Corporation became the public parent on June 30, 2026.

The bull case: record Guyana output and refining performance support heavy cash returns. The bear case: at 23.1x earnings as of the August 2, 2026 report, the stock prices in strength, and lower liquids prices could cut earnings.

What to watch: liquids price effects on Q4 2026 earnings; execution of the $20 billiond 2027 buyback

03—Filings

Recent SEC Filings

  1. 8-KExxonMobil 8-K Report, Financial Results (Oct 30, 2026)ExxonMobil announced strong third-quarter 2026 results, with reported Earnings Per Share (EPS) of $3.72 and adjusted EPS of $4.23. The company highlighted record year-to-date refining operational performance and significant upstream production milestones, including reaching 1 billion barrels at both Guyana and Kearl, and 100 million tons at PNG LNG. These achievements are attributed to a decade of disciplined investment and operational excellence, contributing to industry-leading results. Further reinforcing its financial strength, ExxonMobil reported substantial cash flow from operating activities of $25.7 billion and free cash flow of $19.1 billion. Shareholder distributions remained robust, with $9.4 billion returned through dividends and share repurchases. The company also declared a fourth-quarter dividend of $1.07 per share and announced $20 billion in share repurchases for 2027, underscoring its commitment to returning value to shareholders and its long-term financial health.
  2. 8-KExxonMobil 8-K Report, Regulation FD Disclosure (Oct 16, 2026)ExxonMobil Holdings Corporation filed a Form 8-K on October 16, 2026, to provide advance disclosure of expected market and planned impacts on third-quarter 2026 earnings relative to the second quarter of 2026. This filing is primarily a Regulation FD disclosure intended to allow for a more focused comprehensive earnings release later. The company highlights that these disclosures are limited in scope and not a comprehensive estimate of third-quarter earnings, emphasizing that actual results may differ significantly due to unlisted performance factors and market dynamics. The disclosed factors indicate a projected increase in adjusted earnings for the third quarter, primarily driven by improved margins in the Energy Products and Upstream segments. These positive impacts are partially offset by decreased margins in the Chemical Products segment and a significant negative impact from changes in liquids prices. The report also details significant planned maintenance and other seasonal volume factors, as well as the effects of Middle East events and timing differences related to hedging activities. Investors should note that the "adjusted earnings" metric excludes certain items to provide a view management uses internally, and it should not be viewed in isolation or as a substitute for GAAP net income.
  3. 8-KExxonMobil 8-K Report, Corporate Update (Sep 25, 2026)ExxonMobil filed a Form 8-K under Item 8.01 (Other Events) reporting that on September 23, 2026, Exxon Mobil Corporation, a New Jersey corporation, entered into an underwriting agreement with RBC Capital Markets, LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and UBS Securities LLC, as managers of the several underwriters named therein. Under the agreement, Exxon Mobil issued $185,883,000 aggregate principal amount of its Floating Rate Notes due 2076. The notes are to be fully and unconditionally guaranteed by ExxonMobil Holdings Corporation, a Texas corporation and a subsidiary-parent relationship described in the filing as the Company. The notes were issued under a 2014 indenture with Deutsche Bank Trust Company Americas as trustee, as supplemented by a first supplemental indenture dated June 26, 2020 and a second supplemental indenture dated July 1, 2026 among the Holdings company, Exxon Mobil and the trustee. The terms and forms of the notes were established by an officer's certificate dated September 25, 2026. The offering was made under Exxon Mobil's Form S-3 registration statement filed February 18, 2026 (Reg. No. 333-293558), as amended by Post-Effective Amendment No. 1 filed July 1, 2026. The filing attaches the underwriting agreement, the form of standard underwriting provisions, the officer's certificate, the form of global note, and legal opinions from Davis Polk & Wardwell LLP and Timothy Kim, Esq., Counsel-Corporate, which are incorporated by reference into the registration statement.
  4. 8-KExxonMobil 8-K Report, Corporate Update (Aug 28, 2026)On August 28, 2026, XTO Energy Inc., a Delaware corporation and wholly-owned subsidiary of ExxonMobil Holdings Corporation, a Texas corporation (the "Company"), issued notices calling for the full redemption of all of its outstanding 6.10% Senior Notes due 2036, 6.75% Senior Notes due 2037, and 6.375% Senior Notes due 2038. The redemption date is September 27, 2026. Under the redemption notices, the notes will be repurchased for cash at 100% of principal amount plus a Make-Whole Amount (as defined in the notices), together with accrued and unpaid interest to the redemption date. The notices state the aggregate principal amounts outstanding as $174,435,000 for the 2036 Notes, $252,384,000 for the 2037 Notes, and $199,725,000 for the 2038 Notes. The filing itself states that it does not constitute a redemption notice and is qualified in its entirety by the attached notices. For investors holding these notes, the key points are the fixed redemption date, the make-whole pricing, and the requirement that holders in certificated or book-entry form surrender notes through the paying agent, The Bank of New York Trust Company, N.A., to receive payment. Holders are also reminded that a valid tax certification form must be received before payment to avoid maximum U.S. withholding.
  5. 8-KExxonMobil 8-K Report, Financial Results (Jul 31, 2026)ExxonMobil Holdings Corporation reported second-quarter 2026 U.S. GAAP earnings of $14.5 billion, or $3.48 per share, compared with $4.2 billion, or $1.00 per share, in the first quarter of 2026. Adjusted earnings were $14.7 billion, or $3.52 per share. Year-to-date GAAP earnings were $18.7 billion, versus $14.8 billion a year earlier. Cash flow from operating activities was $23.6 billion and free cash flow was $17.2 billion in the quarter. Management attributed the results to portfolio strength, structural cost savings, and product mobility during market disruption, and cited Middle East disruptions as a drag. The Upstream segment earned $7.9 billion on a GAAP basis, Energy Products $5.5 billion, and Chemical Products $1.1 billion. Shareholder distributions totaled $9.4 billion in the quarter, including $4.3 billion of dividends and $5.1 billion of share repurchases. The company declared a third-quarter dividend of $1.03 per share, payable September 10, 2026, to holders of record on August 17, 2026. Year-to-date cash capital expenditures were $13.0 billion. Quarterly results included identified items totaling $2.6 billion of negative impact, including $1.08 billion of impairments and $1.37 billion of additions to financial reserves, while estimated timing effects added $2.48 billion to adjusted earnings. Operationally, the company reported record Permian production of more than 1.8 million oil-equivalent barrels per day in the quarter and a record second-quarter diesel output. Total Upstream production was 4.51 million oil-equivalent barrels per day in the second quarter, versus 4.59 million in the first quarter. The fifth Guyana FPSO has set sail, with production start-up on plan for the fourth quarter of 2026 and added capacity of 250 thousand barrels per day. The company also reached a final investment decision on a 120 kilotonne-per-annum ProxximaTM blending expansion in Louisiana.
View all 8-K filings →
View all filings (10-K, 10-Q, 8-K, proxy & more) →

04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.