EXXON MOBIL CORP Income Tax Expense 2007-2026 | XOM
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is EXXON MOBIL CORP's current income tax expense?
EXXON MOBIL CORP (XOM) annual income tax expense for 2025 was $11.50B, a 16.70% decline from 2024. EXXON MOBIL CORP income tax expense for the quarter ending March 31, 2026 was $2.50B.
What was EXXON MOBIL CORP's income tax expense in 2024?
EXXON MOBIL CORP annual income tax expense for 2024 was $13.81B, a 10.49% decline from 2023.
What was EXXON MOBIL CORP's income tax expense in 2023?
EXXON MOBIL CORP annual income tax expense for 2023 was $15.43B, a 23.53% decline from 2022.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGRN/A
FY2020
$-5.63B
→
FY2025
$11.50B
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $11.50B | -16.7% | 10-K |
| FY2024 | $13.81B | -10.5% | 10-K |
| FY2023 | $15.43B | -23.5% | 10-K |
| FY2022 | $20.18B | +164.2% | 10-K |
| FY2021 | $7.64B | +235.6% | 10-K |
| FY2020 | $-5.63B | -206.6% | 10-K |
| FY2019 | $5.28B | -44.6% | 10-K |
| FY2018 | $9.53B | +911.9% | 10-K |
| FY2017 | $-1.17B | -189.2% | 10-K |
| FY2016 | $-406.0M | -107.5% | 10-K |
| FY2015 | $5.42B | -69.9% | 10-K |
| FY2014 | $18.02B | -25.8% | 10-K |
| FY2013 | $24.26B | -21.8% | 10-K |
| FY2012 | $31.05B | -0.0% | 10-K |
| FY2011 | $31.05B | +44.0% | 10-K |
| FY2010 | $21.56B | +42.6% | 10-K |
| FY2009 | $15.12B | -58.6% | 10-K |
| FY2008 | $36.53B | +22.3% | 10-K |
| FY2007 | $29.86B | - | 10-K |
Company: EXXON MOBIL CORPTicker: XOMSector: EnergyIndustry: Petroleum RefiningView company profile →