TTM
25.5%
YoY change
−0.94pp
Trough year (2020)
4.6%
Peak year (1998)
50.9%
Latest annual
21.7%
Gross Margin history chart for Exxon Mobil (XOM) from 1985 to 2025
Latest: 21.7%
Gross Margin change chart for Exxon Mobil (XOM) from 1985 to 2025
Latest: −0.94pp
Gross Margin history table for Exxon Mobil (XOM) from 1985 to 2025
| 2025 | 21.7% | -0.94pp | ||
| 2024 | 22.6% | -2.52pp | ||
| 2023 | 25.1% | -0.71pp | ||
| 2022 | 25.9% | +2.40pp | ||
| 2021 | 23.5% | +18.90pp | ||
| 2020 | 4.6% | -17.34pp | ||
| 2019 | 21.9% | -2.35pp | ||
| 2018 | 24.2% | +0.48pp | ||
| 2017 | 23.8% | +1.98pp | ||
| 2016 | 21.8% | -1.66pp | ||
| 2015 | 23.4% | +2.98pp | ||
| 2014 | 20.5% | -0.54pp | ||
| 2013 | 21.0% | -1.40pp | ||
| 2012 | 22.4% | -1.39pp | ||
| 2011 | 23.8% | -1.35pp | ||
| 2010 | 25.1% | -5.07pp | ||
| 2009 | 30.2% | -8.16pp | ||
| 2008 | 38.4% | -3.15pp | ||
| 2007 | 41.5% | -2.01pp | ||
| 2006 | 43.5% | +0.99pp | ||
| 2005 | 42.5% | -2.59pp | ||
| 2004 | 45.1% | -2.22pp | ||
| 2003 | 47.3% | +0.98pp | ||
| 2002 | 46.4% | -1.39pp | ||
| 2001 | 47.8% | +2.72pp | ||
| 2000 | 45.0% | -2.89pp | ||
| 1999 | 47.9% | -2.98pp | ||
| 1998 | 50.9% | +9.90pp | ||
| 1997 | 41.0% | +1.33pp | ||
| 1996 | 39.7% | -2.54pp | ||
| 1995 | 42.2% | +1.62pp | ||
| 1994 | 40.6% | +0.78pp | ||
| 1993 | 39.8% | +0.19pp | ||
| 1992 | 39.6% | -0.83pp | ||
| 1991 | 40.4% | +0.81pp | ||
| 1990 | 39.6% | -1.89pp | ||
| 1989 | 41.5% | -2.54pp | ||
| 1988 | 44.1% | +2.20pp | ||
| 1987 | 41.9% | -1.89pp | ||
| 1986 | 43.7% | +8.05pp | ||
| 1985 | 35.7% | — |
- 202521.7%-0.94pp
- 202422.6%-2.52pp
- 202325.1%-0.71pp
- 202225.9%+2.40pp
- 202123.5%+18.90pp
- 20204.6%-17.34pp
- 201921.9%-2.35pp
- 201824.2%+0.48pp
- 201723.8%+1.98pp
- 201621.8%-1.66pp
- 201523.4%+2.98pp
- 201420.5%-0.54pp
- 201321.0%-1.40pp
- 201222.4%-1.39pp
- 201123.8%-1.35pp
- 201025.1%-5.07pp
- 200930.2%-8.16pp
- 200838.4%-3.15pp
- 200741.5%-2.01pp
- 200643.5%+0.99pp
- 200542.5%-2.59pp
- 200445.1%-2.22pp
- 200347.3%+0.98pp
- 200246.4%-1.39pp
- 200147.8%+2.72pp
- 200045.0%-2.89pp
- 199947.9%-2.98pp
- 199850.9%+9.90pp
- 199741.0%+1.33pp
- 199639.7%-2.54pp
- 199542.2%+1.62pp
- 199440.6%+0.78pp
- 199339.8%+0.19pp
- 199239.6%-0.83pp
- 199140.4%+0.81pp
- 199039.6%-1.89pp
- 198941.5%-2.54pp
- 198844.1%+2.20pp
- 198741.9%-1.89pp
- 198643.7%+8.05pp
- 198535.7%—
Gross Margin values are taken from Exxon Mobil's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Exxon Mobil (XOM)
According to Exxon Mobil's latest reported financial statements, the company's latest reported gross margin is 25.5%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Exxon Mobil (XOM) gross margin is 21.68% – contracted 0.9 percentage points year-over-year.
1998 marks the peak gross margin at 50.90%, with the historical low of 4.55% recorded in 2020.
Exxon Mobil Gross Margin by Year
Exxon Mobil Gross Margin 2025: 21.7%
2025's gross margin for Exxon Mobil came in at 21.68%, contracted 0.9 percentage points from 2024.
Exxon Mobil Gross Margin 2024: 22.6%
Exxon Mobil posted gross margin of 22.62% in 2024, contracted 2.5 percentage points from 2023.
Exxon Mobil Gross Margin 2023: 25.1%
In 2023, Exxon Mobil reported gross margin of 25.14%, contracted 0.7 percentage points from 2022.
Exxon Mobil Gross Margin 2022: 25.9%
Exxon Mobil gross margin in 2022 was 25.85%, expanded 2.4 percentage points from 2021.
Exxon Mobil Gross Margin 2021: 23.5%
Exxon Mobil gross margin in 2021 was 23.45%.
See more financial history for Exxon Mobil (XOM).
Sector peers by Gross Margin
Energy peers of Exxon Mobil (XOM), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% | |
| 7.0% |
- 30.7%
- 29.2%
- 25.4%
- 17.3%
Frequently asked questions
Exxon Mobil (XOM) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation