Exxon Mobil
XOM
Operating Margin for Exxon Mobil (XOM)
Operating Margin as of May 2024 (TTM): 19.97%
According to Exxon Mobil's latest financial reports and stock price the company's current Operating Margin is 19.97%. At the end of 2022 the company had an Operating Margin of 19.50%.
Operating Margin history for Exxon Mobil from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.50% | 78.36% |
| 2021 | 10.93% | -168.71% |
| 2020 | -15.91% | -310.21% |
| 2019 | 7.57% | -29.02% |
| 2018 | 10.67% | 35.46% |
| 2017 | 7.87% | 123.4% |
| 2016 | 3.52% | -56.86% |
| 2015 | 8.17% | -34.82% |
| 2014 | 12.53% | -4.82% |
| 2013 | 13.17% | -24.21% |
| 2012 | 17.37% | 15.36% |
| 2011 | 15.06% | 5.94% |
| 2010 | 14.22% | 24.04% |
| 2009 | 11.46% | -33.08% |
| 2008 | 17.13% | -1.69% |
| 2007 | 17.42% | -2.4% |
| 2006 | 17.85% | 11.32% |
| 2005 | 16.03% | 15.87% |
| 2004 | 13.84% | 6.81% |
| 2003 | 12.96% | 51.31% |
| 2002 | 8.56% | -24.21% |
| 2001 | 11.30% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 6.38% | -68.05% | 🇬🇧 UK |
 ConocoPhillips COP | 30.86% | 54.53% | 🇺🇸 USA |
 Occidental Petroleum OXY | 38.53% | 92.94% | 🇺🇸 USA |
 Phillips 66 PSX | 9.97% | -50.08% | 🇺🇸 USA |
 Chevron CVX | 19.83% | -0.70% | 🇺🇸 USA |
 Honeywell HON | 17.98% | -9.96% | 🇺🇸 USA |
 Hess HES | 32.50% | 62.74% | 🇺🇸 USA |
 HollyFrontier HFC | 4.98% | -75.09% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.