Exxon Mobil Corporation (XOM) Valuation Ratios - Annual

Trailing Valuation

Trailing Valuation	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Stock Price	117.2	107.6	100	110.3	61.2	41.2	69.8	68.2	83.6	90.3	78
Total Shares Outstanding	4,217.2	4,353	3,971	4,082	4,239	4,233	4,234	4,237	4,239	4,148	4,156
Market Cap	494,378.3	468,252.2	397,020.6	450,244.6	259,384.4	174,484.3	295,448.5	288,921	354,550	374,398.5	323,960.2
Total Enterprise Value (TEV)	530,207.3	493,676.2	414,761.6	469,196.6	307,392.4	244,740.3	346,567.5	330,409	400,521	420,008.5	364,941.2
Dividend Yield	3.4%	3.6%	3.7%	3.2%	5.7%	8.4%	4.9%	4.7%	3.7%	3.3%	3.7%
Buyback Yield	4.2%	4.2%	4.5%	3.4%	0.1%	0.2%	0.2%	0.2%	0.2%	0.3%	1.2%
Debt Paydown Yield	0.8%	1.1%	-0%	1.6%	6.4%	-17.1%	-2.6%	1.6%	0.9%	-3.1%	-2.3%
Shareholder Yield	5%	5.3%	4.5%	5%	6.6%	-16.7%	-2.3%	1.9%	1.2%	-2.8%	-1%
P/S	1.5	1.4	1.2	1.1	0.9	1	1.2	1	1.5	1.9	1.4
P/Gross Profit	5.1	4.7	3.8	3.5	3	3.2	3.9	3.3	4.6	5.7	4.4
P/E	17	13.7	11.2	8.3	11.4	-7.9	20.8	14	18.1	48	20.2
Earnings Yield	5.9%	7.3%	8.9%	12%	8.8%	-12.7%	4.8%	7.2%	5.5%	2.1%	4.9%
P/OCF	9.6	8.5	7.2	5.9	5.4	11.9	9.9	8	11.8	17	10.7
P/FCF	20.8	15.2	11.9	7.7	7.2	-66.7	55.2	17.6	24.2	63.3	84.1
FCF Yield	4.8%	6.6%	8.4%	13%	13.9%	-1.5%	1.8%	5.7%	4.1%	1.6%	1.2%
P/B	1.9	1.8	1.9	2.3	1.5	1.1	1.5	1.5	1.9	2.2	1.9
EV/Sales	1.6	1.5	1.2	1.2	1.1	1.4	1.4	1.2	1.7	2.1	1.5
EV/Gross Profit	5.4	4.9	4	3.7	3.6	4.5	4.6	3.8	5.3	6.4	4.9
EV/EBITDA	8.8	7.8	6.4	5.4	7	15.9	11.4	8.3	12.5	18.1	11.8
EV/EBIT	15	12.5	9.5	7.4	13.2	-8	30.1	15.9	33.2	448.7	28.3
EV/OCF	10.3	9	7.5	6.1	6.4	16.7	11.7	9.2	13.3	19	12
EV/FCF	22.3	16.1	12.4	8	8.5	-93.6	64.7	20.1	27.3	71	94.7

Dividends

Dividends	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Dividend Yield	3.4%	3.6%	3.7%	3.2%	5.7%	8.4%	4.9%	4.7%	3.7%	3.3%	3.7%
DPS	4	3.9	3.7	3.6	3.5	3.5	3.4	3.2	3.1	3	2.9
Payout Ratio	57.5%	49.6%	41.5%	26.8%	64.8%	-66.2%	102.2%	66.2%	66%	158.8%	74.9%

Margins

Margins	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Gross Profit Margin	30%	29.5%	31.3%	31.9%	30.9%	30.3%	29.3%	31%	32.2%	32.9%	31%
Operating Margin	10.9%	11.7%	13.1%	15.9%	8.4%	-17.2%	4.5%	7.5%	5.1%	0.5%	5.4%
EBITDA Margin	18.5%	18.6%	19.2%	22%	15.8%	8.6%	11.9%	14.2%	13.5%	11.6%	12.9%
Net Profit Margin	9.6%	10.3%	11.2%	14.4%	8.5%	-13%	5.8%	7.7%	8.4%	4.2%	6.9%
Effective Tax Rate	27.7%	28.3%	29.2%	25.9%	24.4%	19.5%	26.3%	30.8%	-6.3%	-5.1%	24.7%
Pre-Tax Profit Margin	13.2%	14.4%	15.8%	19.5%	11.3%	-16.2%	7.8%	11.1%	7.9%	4%	9.2%
Free Cash Flow Margin	7.3%	9.1%	10%	14.6%	13%	-1.5%	2.1%	5.9%	6.2%	3%	1.6%
OCF / Sales	15.9%	16.2%	16.5%	19.3%	17.4%	8.2%	11.6%	12.9%	12.7%	11%	12.7%
OCF / Net Income	165.6%	156.9%	148.2%	133.4%	204%	-63.1%	201.1%	168.1%	151.5%	263.7%	183.3%
FCF / OCF	46.1%	55.8%	60.4%	76%	74.9%	-17.8%	18%	45.6%	48.8%	26.8%	12.7%
FCF / Net Income	76.4%	87.6%	89.5%	101.4%	152.8%	11.2%	36.2%	76.7%	73.9%	70.7%	23.3%
FCF / EBITDA	39.5%	48.8%	52%	66.7%	82.2%	-17%	17.5%	41.5%	45.9%	25.5%	12.5%

Capital Efficiency

Capital Efficiency	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Return on Invested Capital	6.8%	8.6%	11%	16.7%	5.9%	-7.7%	2.6%	4.5%	4.1%	0.3%	3.1%
Return on Assets	5.6%	6.8%	8.3%	13.3%	5.2%	-7.1%	2.4%	4.2%	3.8%	0.3%	2.8%
Return on Equity	11.5%	14.5%	18%	30.5%	13.9%	-12.8%	7.4%	10.9%	10.8%	4.8%	9.2%
Return on Total Capital	26.5%	35%	47.1%	69.8%	21.8%	-30.8%	13.1%	23.3%	20.5%	1.7%	18.9%
Return on Capital Employed	9.4%	11.4%	14.3%	21.8%	8.3%	-10.7%	3.9%	7.2%	4.2%	0.3%	4.5%
Return on Tangible Assets	6.8%	8.5%	10%	16.3%	7%	-6.7%	4.2%	6.2%	5.8%	2.5%	4.8%
Receivables Turnover	7.3	8.3	8.4	10.8	10.4	7.5	9.9	11.1	10.1	9.7	10
Days Sales Outstanding	50	43.9	43.5	33.9	34.9	48.6	36.9	32.9	36.2	37.5	36.4
Payables Turnover	3.6	4	3.8	4.8	4.4	3.2	4.6	5.2	4.7	4.2	4.4
Days Payables Outstanding	101.6	91.1	96.2	76.6	82.1	113	79.9	70.1	77.1	86.2	82.3
Inventory Turnover	9	9.8	9.3	12.6	10.2	6.7	9.6	10.7	10	8.6	10.1
Days Inventory Outstanding	40.7	37.1	39.3	29	35.9	54.8	37.9	34	36.4	42.5	36.3
Cash Conversion Cycle	-10.9	-10	-13.4	-13.6	-11.2	-9.6	-5.2	-3.2	-4.6	-6.2	-9.5
Asset Turnover	0.7	0.8	0.9	1.1	0.8	0.5	0.7	0.8	0.7	0.6	0.7
Fixed Asset Turnover	1.1	1.3	1.6	1.9	1.2	0.7	1	1.1	1	0.8	1
Operating Cycle	90.7	81.1	82.8	63	70.9	103.4	74.8	66.9	72.5	80	72.7
CapEx to OCF	0.5	0.4	0.4	0.2	0.3	1.2	0.8	0.5	0.5	0.7	0.9
CapEx to Revenue	0.1	0.1	0.1	0	0	0.1	0.1	0.1	0.1	0.1	0.1
CapEx to Depreciation	1.1	1	1.1	0.8	0.6	0.4	1.3	1	0.8	0.7	1.5

Financial Health

Financial Health	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Debt	42,036	41,710	41,573	41,193	47,704	67,640	46,920	37,796	42,336	42,762	38,687
Net Debt	28,167	18,523	10,005	11,528	40,902	63,276	43,831	34,754	39,159	39,105	34,982
Current Ratio	1.1	1.3	1.5	1.4	1	0.8	0.8	0.8	0.8	0.9	0.8
Quick Ratio	0.8	1	1.1	1	0.7	0.4	0.5	0.5	0.5	0.5	0.4
Cash Ratio	0.2	0.3	0.5	0.4	0.1	0.1	0	0.1	0.1	0.1	0.1
Debt Ratio	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.1	0.1	0.1
Assets to Equity	1.7	1.7	1.8	1.8	1.9	2	1.8	1.7	1.8	1.9	1.9
Cash Flow to Debt Ratio	1.2	1.3	1.3	1.9	1	0.2	0.6	1	0.7	0.5	0.8
Long-term Debt to Assets	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Net Current Asset Value	-105,274	-97,780	-74,906	-76,387	-111,192	-130,707	-120,895	-106,429	-113,869	-121,573	-123,324
Debt / Equity	0.2	0.2	0.2	0.2	0.3	0.4	0.2	0.2	0.2	0.2	0.2
Total Debt / Capitalization	0.4	0.4	0.6	0.6	0.7	0.7	0.7	0.6	0.7	0.7	0.7
Long Term Debt / Capitalization	0.3	0.4	0.6	0.6	0.6	0.5	0.4	0.3	0.4	0.5	0.4
Long-Term Debt / Equity	0.1	0.1	0.2	0.2	0.2	0.3	0.1	0.1	0.1	0.2	0.1
Net Debt / EBITDA	0.5	0.3	0.2	0.1	0.9	4.1	1.4	0.9	1.2	1.7	1.1
EBIT / Interest Expense	48	39.7	51.5	79.6	24.5	-26.5	13.9	27.2	20.1	2.1	41.4
EBITDA / Interest Expense	81.7	63.2	75.8	109.8	46.3	13.3	36.8	51.7	53.2	51.3	99.5
(EBITDA - Capex) / Interest Expense	44.1	38.8	50	86.7	33.5	-1.7	7.4	26.1	27.6	15.6	14.3

Per Share	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Revenue per Share	74.7	78.9	82.6	94.8	64.7	41.8	59.9	65.4	55.7	48	57.2
Basic EPS	6.9	7.8	8.9	13.3	5.4	-5.3	3.4	4.9	4.6	1.9	3.9
Diluted EPS	6.9	7.8	8.9	13.3	5.4	-5.3	3.4	4.9	4.6	1.9	3.9
Book Value per Share	59.9	61.4	50.5	46.4	39.4	36.8	44.9	44.9	44.1	40.1	40.7
Tangible Book Value per Share	59.9	61.4	50.5	46.4	39.4	36.8	44.9	44.9	44.1	40.1	40.7
Cash per Share	3.2	5.4	7.8	7.1	1.6	1	0.7	0.7	0.7	0.9	0.9
Operating Cash Flow per Share	11.8	12.8	13.7	18.3	11.3	3.4	7	8.4	7.1	5.3	7.2
Free Cash Flow per Share	5.5	7.1	8.3	13.9	8.4	-0.6	1.3	3.9	3.4	1.4	0.9
CapEx per Share	6.4	5.7	5.4	4.4	2.8	4	5.7	4.6	3.6	3.9	6.3
Weighted Avg. Shares Outstanding	4,350.3	4,298	4,052	4,205	4,275	4,271	4,270	4,270	4,256	4,177	4,196
Weighted Avg. Shares Outstanding Diluted	4,350.3	4,298	4,052	4,205	4,275	4,271	4,270	4,270	4,256	4,177	4,196

Common Size