Capital Expenditures for Exxon Mobil (XOM)
According to Exxon Mobil's latest reported financial statements, the company's current capital expenditures (TTM) is $28.36B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
XOM
Currently viewingCapital ExpendituresSwitch metric
Latest period
$28.36B
YoY change
+16.7%
5Y CAGR
+10.4%
Peak year (2012)
$34.27B
Cumulative capital expenditures
$606.24B
CapEx history chart for Exxon Mobil (XOM) from 1989 to 2025
CapEx history table for Exxon Mobil (XOM) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $28.36B | +16.7% | ||
| 2024 | $24.31B | +10.9% | ||
| 2023 | $21.92B | +19.1% | ||
| 2022 | $18.41B | +52.4% | ||
| 2021 | $12.08B | -30.1% | ||
| 2020 | $17.28B | -29.1% | ||
| 2019 | $24.36B | +24.5% | ||
| 2018 | $19.57B | +27.1% | ||
| 2017 | $15.40B | -4.7% | ||
| 2016 | $16.16B | -39.0% | ||
| 2015 | $26.49B | -19.6% | ||
| 2014 | $32.95B | -2.1% | ||
| 2013 | $33.67B | -1.8% | ||
| 2012 | $34.27B | +10.6% | ||
| 2011 | $30.98B | +15.3% | ||
| 2010 | $26.87B | +19.5% | ||
| 2009 | $22.49B | +16.4% | ||
| 2008 | $19.32B | +25.5% | ||
| 2007 | $15.39B | -0.5% | ||
| 2006 | $15.46B | +11.7% | ||
| 2005 | $13.84B | +15.5% | ||
| 2004 | $11.99B | -6.8% | ||
| 2003 | $12.86B | +12.4% | ||
| 2002 | $11.44B | +14.5% | ||
| 2001 | $9.99B | +18.3% | ||
| 2000 | $8.45B | -22.1% | ||
| 1999 | $10.85B | +29.8% | ||
| 1998 | $8.36B | +13.1% | ||
| 1997 | $7.39B | +2.6% | ||
| 1996 | $7.21B | +1.1% | ||
| 1995 | $7.13B | +7.3% | ||
| 1994 | $6.64B | -4.5% | ||
| 1993 | $6.96B | -3.7% | ||
| 1992 | $7.22B | -1.4% | ||
| 1991 | $7.32B | +11.9% | ||
| 1990 | $6.55B | +3.7% | ||
| 1989 | $6.31B | — |
CapEx values are taken from Exxon Mobil's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Exxon Mobil (XOM) most recent annual capital expenditures stands at $28.36B (2025) – grew 16.7% year-over-year.
Across 2020–2025 (5 years), Exxon Mobil capital expenditures produced a CAGR of +10.4% – sustaining 4 straight years of year-over-year growth.
Between 2012 and 2025, Exxon Mobil capital expenditures declined 17.3%, falling from $34.27B to $28.36B.
Across the available history, capital expenditures reached its high of $34.27B in 2012 and its low of $6.31B in 1989.
Within Energy, Exxon Mobil (XOM) ranks 1st among 8 peers we track. The peer median for capital expenditures is $3.96B.
Exxon Mobil Capital Expenditures by Year
Exxon Mobil Capital Expenditures 2025: $28.36B
Exxon Mobil capital expenditures in 2025 was $28.36B, grew 16.7% from 2024.
Exxon Mobil Capital Expenditures 2024: $24.31B
Exxon Mobil capital expenditures in 2024 was $24.31B, grew 10.9% from 2023.
Exxon Mobil Capital Expenditures 2023: $21.92B
Exxon Mobil capital expenditures in 2023 was $21.92B, grew 19.1% from 2022.
Exxon Mobil Capital Expenditures 2022: $18.41B
Exxon Mobil capital expenditures in 2022 was $18.41B, surged 52.4% from 2021.
Exxon Mobil Capital Expenditures 2021: $12.08B
Exxon Mobil capital expenditures in 2021 was $12.08B.
See more financial history for Exxon Mobil (XOM).
Sector peers — CapEx
Companies in the same sector as Exxon Mobil, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Chevron Corporation (CVX) | $17.35B | Energy |
| Enbridge Inc. (ENB) | $8.97B | Energy |
| EOG Resources, Inc. (EOG) | $6.12B | Energy |
| The Williams Companies, Inc. (WMB) | $4.89B | Energy |
| Kinder Morgan, Inc. (KMI) | $3.03B | Energy |
| ConocoPhillips (COP) | $3.02B | Energy |
| SLB N.V. (SLB) | $1.69B | Energy |
| Valero Energy Corporation (VLO) | $796.00M | Energy |
Frequently asked questions
What is Exxon Mobil's capital expenditures?
- Latest reported capital expenditures for Exxon Mobil (XOM) is $28.36B (period ending December 31, 2025).
How has Exxon Mobil capital expenditures changed year-over-year?
- Exxon Mobil (XOM) capital expenditures changed +16.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Exxon Mobil capital expenditures?
- Exxon Mobil (XOM) capital expenditures compound annual growth rate is +10.4% over the most recent 5 years available.
When did Exxon Mobil capital expenditures hit its highest annual value?
- Exxon Mobil capital expenditures reached its highest annual value of $34.27B in 2012.
What was Exxon Mobil capital expenditures in 2024?
- Exxon Mobil (XOM) capital expenditures in 2024 was $24.31B.
What was Exxon Mobil capital expenditures in 2025?
- Exxon Mobil (XOM) capital expenditures in 2025 was $28.36B.
Metrics overview
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