XOM
Exxon Mobil Corporation
XOM's fundamentals are mixed: revenue grew 19%, while free cash flow grew 9.9%. At 17x earnings, it's trading above its usual 14x. Analysts expect strong earnings growth, though they disagree widely on how much.
XOM Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Unavailable | |
| Strong |
XOM's revenue, profitability and balance sheet are currently strong. There isn't enough data to rate its cash flow.
XOM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.5x | $92.64 | -45% |
| Forward | 12x | $170 | — |
| Fair | 14x | $141 | -17% |
| Current | 17x | $170 | — |
| Expensive | 21x | $208 | +23% |
Historical ranges are pointers, not guarantees.
XOM's PE is in its expensive range at 17x. If earnings grow as analysts expect, today's price would be 12x next year's earnings, in its cheap range.
XOM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for XOM, with profitability improving. However, they disagree widely on these estimates.
XOM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.02 | +44% |
| Q3 2026 | $9.74 | +42% |
| Q2 2026 | $7.78 | +11% |
| Q1 2026 | $5.94 | -21% |
| Q4 2025 | $6.70 | -15% |
| Q3 2025 | $6.88 | -14% |
| Q2 2025 | $7.04 | -16% |
| Q1 2025 | $7.54 | -7.6% |
| Q4 2024 | $7.84 | -12% |
XOM's earnings per share have fallen from their peak: $9.74 over the past year, against $14.77 in early 2023.
XOM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $113.2B | +33% |
| Q2 2026 | $116B | +42% |
| Q1 2026 | $85.1B | +2.4% |
| Q4 2025 | $82.3B | -1.3% |
| Q3 2025 | $85.3B | -5.2% |
| Q2 2025 | $81.5B | -12% |
| Q1 2025 | $83.1B | +0.1% |
| Q4 2024 | $83.4B | -1.1% |
XOM's revenue has picked up after two years of holding roughly level: $113B last quarter, up 33% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +5.9 points |
| Q2 2026 | 17% | +3.6 points |
| Q1 2026 | 8.2% | -5.8 points |
| Q4 2025 | 9.8% | -2 points |
| Q3 2025 | 13% | -1.7 points |
| Q2 2025 | 13% | -1.5 points |
| Q1 2025 | 14% | -0.9 points |
| Q4 2024 | 12% | -0.8 points |
XOM's operating margin was 19% last quarter, up 5.9 points from the same quarter a year ago.
XOM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.5B | +205% |
| Q1 2026 | $2.2B | -68% |
| Q4 2025 | $5.2B | -3% |
| Q3 2025 | $6.1B | -47% |
| Q2 2025 | $5.3B | +22% |
| Q1 2025 | $7.1B | -26% |
| Q4 2024 | $5.4B | -28% |
| Q3 2024 | $11.4B | +3.3% |
XOM still generates free cash flow, though less than at its 2022 peak: $32B over the past year.
XOM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -34M shares |
| 1 year | -3.4% | -145M shares |
| 3 years | +2.9% | +115M shares |
| 5 years | -3.2% | -136M shares |
| Available history | -3% | -130M shares |
XOM has 4.1B diluted shares, down 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.1B |
| Q1 2026 | $4.9B |
| Q4 2025 | $5.4B |
| Q3 2025 | $5.1B |
| Q2 2025 | $5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5.8B |
| Q3 2024 | $5.5B |
XOM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.4x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.3x | Very low |
XOM's net debt is less than a year of its operating earnings (EBITDA).
XOM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 61.5 | Neutral |
XOM's weekly RSI is 56 (neutral) and its Stochastic is 61 (neutral).
XOM PE vs Energy Sector
| Metric | XOM | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 13x | 33% above |
| PE % | 72 | 61 | 11 pts above |
XOM is trading at 17x earnings, a 33% premium to the Energy sector's median of 13x.
XOM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $172.3 | 1.5% below |
| 20 week MA | $161.9 | 4.9% above |
| 50 week MA | $150.7 | 13% above |
| 100 week MA | $130.5 | 30% above |
| 200 week MA | $120.8 | 40% above |
XOM's trend is up, with a small recent dip: it's below only its 8-week average, and 40% above its 200-week average.
XOM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $69.9 | $41.6 | -40% |
| 2021 | $41.6 | $61.0 | +47% |
| 2022 | $61.0 | $108.7 | +78% |
| 2023 | $108.7 | $100.0 | -8% |
| 2024 | $100.0 | $106.5 | +6.5% |
| 2025 | $106.5 | $119.1 | +12% |
| 2026 YTD | $119.1 | $169.8 | +43% |
XOM has finished higher in four of the last six years. It's up 43% so far in 2026.