Question 1

What is Exxon Mobil's P/E ratio?

Accepted Answer

Exxon Mobil (XOM) P/E ratio is 24.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Exxon Mobil?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Exxon Mobil specifically, the relevant sector benchmark is the current sector median of 17.9×.

Question 5

Is Exxon Mobil's P/E ratio high or low?

Accepted Answer

Exxon Mobil's P/E ratio of 24.8× is above its own 5-year average of 13.3× and above the sector median of 17.9×. That places the current reading at the 98th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Exxon Mobil's historical P/E ratio range?

Accepted Answer

In the available daily series, Exxon Mobil (XOM) P/E ratio has ranged from a low of 6.7× in 2023 to a high of 47.2× in 2016. The 5-year average is 13.3× and the 5-year median is 14.0×.

Question 7

What was Exxon Mobil's P/E ratio in 2025?

Accepted Answer

Exxon Mobil (XOM) P/E ratio at the end of 2025 was 18.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Exxon Mobil's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$521.19B	$28.84B	18.1×	+3.8×	Dec 31, 2025
2024	$479.98B	$33.68B	14.3×	+3.2×	Dec 31, 2024
2023	$397.02B	$36.01B	11.0×	+2.9×	Dec 31, 2023
2022	$450.24B	$55.74B	8.1×	-3.2×	Dec 31, 2022
2021	$260.94B	$23.04B	11.3×	—	Dec 31, 2021
2020	$176.02B	−$22.44B	—	—	Dec 31, 2020
2019	$298.46B	$14.34B	20.8×	+6.9×	Dec 31, 2019
2018	$290.17B	$20.84B	13.9×	-4.2×	Dec 31, 2018
2017	$356.51B	$19.71B	18.1×	-29.1×	Dec 31, 2017
2016	$369.85B	$7.84B	47.2×	+27.1×	Dec 31, 2016
2015	$323.43B	$16.15B	20.0×	+8.1×	Dec 31, 2015
2014	$389.36B	$32.52B	12.0×	-1.6×	Dec 31, 2014
2013	$442.42B	$32.58B	13.6×	+4.9×	Dec 31, 2013
2012	$391.44B	$44.88B	8.7×	-1.1×	Dec 31, 2012
2011	$404.44B	$41.06B	9.8×	-2.1×	Dec 31, 2011
2010	$362.89B	$30.46B	11.9×	-4.8×	Dec 31, 2010
2009	$321.99B	$19.28B	16.7×	+8.0×	Dec 31, 2009
2008	$394.12B	$45.22B	8.7×	-3.5×	Dec 31, 2008
2007	$497.70B	$40.61B	12.3×	+1.3×	Dec 31, 2007
2006	$433.61B	$39.50B	11.0×	+1.5×	Dec 31, 2006
2005	$341.90B	$36.13B	9.5×	-3.5×	Dec 31, 2005
2004	$327.56B	$25.33B	12.9×	+0.4×	Dec 31, 2004
2003	$268.72B	$21.51B	12.5×	-7.9×	Dec 31, 2003
2002	$234.26B	$11.46B	20.4×	+2.8×	Dec 31, 2002
2001	$270.04B	$15.32B	17.6×	—	Dec 31, 2001


Chevron (CVX)	37.2×
Enphase Energy (ENPH)	36.8×
Williams Companies (WMB)	31.4×
Targa Resources (TRGP)	25.4×
SLB (SLB)	23.3×
Kinder Morgan (KMI)	22.5×
ConocoPhillips (COP)	22.1×
Enbridge (ENB)	21.6×
Halliburton (HAL)	21.2×
Baker Hughes (BKR)	19.4×
NACCO Industries (NC)	18.1×
Phillips 66 (PSX)	17.8×
Valero Energy (VLO)	17.5×
ONEOK (OKE)	16.1×
Marathon Petroleum (MPC)	15.6×
EOG Resources (EOG)	14.0×
Devon Energy (DVN)	13.8×
Energy Transfer LP (ET)	13.7×
Occidental Petroleum (OXY)	13.5×
National Fuel Gas (NFG)	13.0×
First Solar (FSLR)	12.7×
EQT (EQT)	11.9×
APA (APA)	9.8×
Expand Energy (EXE)	8.2×
Sunrun (RUN)	5.6×

P/E Ratio for Exxon Mobil (XOM)

P/E Ratio daily chart for Exxon Mobil (XOM)

Historical P/E Ratio for Exxon Mobil (XOM) from 2001 to 2025

About P/E Ratio at Exxon Mobil (XOM)

Exxon Mobil P/E Ratio by Year

Exxon Mobil P/E Ratio 2025: 18.1×

Exxon Mobil P/E Ratio 2024: 14.3×

Exxon Mobil P/E Ratio 2023: 11.0×

Exxon Mobil P/E Ratio 2022: 8.1×

Exxon Mobil P/E Ratio 2021: 11.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Exxon Mobil (XOM) Key Financials

P/E Ratio daily chart for Exxon Mobil (XOM)

Historical P/E Ratio for Exxon Mobil (XOM) from 2001 to 2025

About P/E Ratio at Exxon Mobil (XOM)

Exxon Mobil P/E Ratio by Year

Exxon Mobil P/E Ratio 2025: 18.1×

Exxon Mobil P/E Ratio 2024: 14.3×

Exxon Mobil P/E Ratio 2023: 11.0×

Exxon Mobil P/E Ratio 2022: 8.1×

Exxon Mobil P/E Ratio 2021: 11.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Exxon Mobil's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Exxon Mobil?

+Is Exxon Mobil's P/E ratio high or low?

+What is Exxon Mobil's historical P/E ratio range?

+What was Exxon Mobil's P/E ratio in 2025?

+Why does Exxon Mobil's P/E ratio change over time?

Exxon Mobil (XOM) Key Financials