TTM
9.0%
YoY change
−1.21pp
Trough year (2020)
-16.5%
Peak year (2006)
26.3%
Latest annual
10.5%
Operating Margin history chart for Exxon Mobil (XOM) from 1985 to 2025
Latest: 10.5%
Operating Margin change chart for Exxon Mobil (XOM) from 1985 to 2025
Latest: −1.21pp
Operating Margin history table for Exxon Mobil (XOM) from 1985 to 2025
| 2025 | 10.5% | -1.21pp | ||
| 2024 | 11.7% | -1.60pp | ||
| 2023 | 13.3% | -2.78pp | ||
| 2022 | 16.1% | +7.38pp | ||
| 2021 | 8.7% | +25.17pp | ||
| 2020 | -16.5% | -21.49pp | ||
| 2019 | 5.0% | -2.93pp | ||
| 2018 | 7.9% | +2.09pp | ||
| 2017 | 5.8% | +4.45pp | ||
| 2016 | 1.4% | -3.99pp | ||
| 2015 | 5.4% | -3.28pp | ||
| 2014 | 8.6% | -0.93pp | ||
| 2013 | 9.6% | -1.47pp | ||
| 2012 | 11.0% | -0.54pp | ||
| 2011 | 11.6% | +0.74pp | ||
| 2010 | 10.8% | +1.55pp | ||
| 2009 | 9.3% | -6.37pp | ||
| 2008 | 15.7% | -0.26pp | ||
| 2007 | 15.9% | -10.43pp | ||
| 2006 | 26.3% | +9.96pp | ||
| 2005 | 16.4% | +2.07pp | ||
| 2004 | 14.3% | -8.68pp | ||
| 2003 | 23.0% | +3.15pp | ||
| 2002 | 19.8% | -2.48pp | ||
| 2001 | 22.3% | +0.04pp | ||
| 2000 | 22.3% | +17.01pp | ||
| 1999 | 5.3% | -0.11pp | ||
| 1998 | 5.4% | -4.09pp | ||
| 1997 | 9.5% | +0.85pp | ||
| 1996 | 8.6% | +0.09pp | ||
| 1995 | 8.5% | +1.47pp | ||
| 1994 | 7.1% | -0.41pp | ||
| 1993 | 7.5% | +0.79pp | ||
| 1992 | 6.7% | -1.17pp | ||
| 1991 | 7.8% | -0.31pp | ||
| 1990 | 8.2% | -1.03pp | ||
| 1989 | 9.2% | -1.23pp | ||
| 1988 | 10.4% | +1.25pp | ||
| 1987 | 9.2% | -2.06pp | ||
| 1986 | 11.2% | -0.45pp | ||
| 1985 | 11.7% | — |
- 202510.5%-1.21pp
- 202411.7%-1.60pp
- 202313.3%-2.78pp
- 202216.1%+7.38pp
- 20218.7%+25.17pp
- 2020-16.5%-21.49pp
- 20195.0%-2.93pp
- 20187.9%+2.09pp
- 20175.8%+4.45pp
- 20161.4%-3.99pp
- 20155.4%-3.28pp
- 20148.6%-0.93pp
- 20139.6%-1.47pp
- 201211.0%-0.54pp
- 201111.6%+0.74pp
- 201010.8%+1.55pp
- 20099.3%-6.37pp
- 200815.7%-0.26pp
- 200715.9%-10.43pp
- 200626.3%+9.96pp
- 200516.4%+2.07pp
- 200414.3%-8.68pp
- 200323.0%+3.15pp
- 200219.8%-2.48pp
- 200122.3%+0.04pp
- 200022.3%+17.01pp
- 19995.3%-0.11pp
- 19985.4%-4.09pp
- 19979.5%+0.85pp
- 19968.6%+0.09pp
- 19958.5%+1.47pp
- 19947.1%-0.41pp
- 19937.5%+0.79pp
- 19926.7%-1.17pp
- 19917.8%-0.31pp
- 19908.2%-1.03pp
- 19899.2%-1.23pp
- 198810.4%+1.25pp
- 19879.2%-2.06pp
- 198611.2%-0.45pp
- 198511.7%—
Operating 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 Operating Margin at Exxon Mobil (XOM)
According to Exxon Mobil's latest reported financial statements, the company's latest reported operating margin is 9.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Exxon Mobil (XOM) most recent annual operating margin stands at 10.48% (2025) – contracted 1.2 percentage points year-over-year.
The highest annual operating margin of 26.35% was reported in 2006. The lowest in the available history was -16.49% in 2020.
Exxon Mobil Operating Margin by Year
Exxon Mobil Operating Margin 2025: 10.5%
Exxon Mobil posted operating margin of 10.48% in 2025, contracted 1.2 percentage points from 2024.
Exxon Mobil Operating Margin 2024: 11.7%
In 2024, Exxon Mobil reported operating margin of 11.69%, contracted 1.6 percentage points from 2023.
Exxon Mobil Operating Margin 2023: 13.3%
Exxon Mobil operating margin in 2023 was 13.28%, contracted 2.8 percentage points from 2022.
Exxon Mobil Operating Margin 2022: 16.1%
2022's operating margin for Exxon Mobil came in at 16.06%, expanded 7.4 percentage points from 2021.
Exxon Mobil Operating Margin 2021: 8.7%
Exxon Mobil operating margin in 2021 was 8.68%.
See more financial history for Exxon Mobil (XOM).
Sector peers by Operating Margin
Energy peers of Exxon Mobil (XOM), ranked by their latest operating margin
| 38.8% | |
| 18.3% | |
| 15.8% | |
| 14.4% | |
| 8.4% | |
| 5.0% | |
| 4.7% | |
| 4.6% |
- 18.3%
- 15.8%
- 14.4%
- 8.4%
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