Exxon Mobil
XOM
Operating Margin for Exxon Mobil (XOM)
Operating Margin as of May 2023 (TTM): 21.79%
According to Exxon Mobil's latest financial reports and stock price the company's current Operating Margin is 21.79%. At the end of 2021 the company had an Operating Margin of 11.29%.
Operating Margin history for Exxon Mobil from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 11.29% | -169.79% |
| 2020 | -16.17% | -306.12% |
| 2019 | 7.85% | -29.18% |
| 2018 | 11.08% | 40.73% |
| 2017 | 7.87% | 116% |
| 2016 | 3.65% | -56.94% |
| 2015 | 8.47% | -35.38% |
| 2014 | 13.10% | -4.47% |
| 2013 | 13.71% | -21.07% |
| 2012 | 17.37% | 11.74% |
| 2011 | 15.55% | 9.38% |
| 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 | 9.65% | -55.71% | 🇬🇧 UK |
 ConocoPhillips COP | 35.96% | 65.03% | 🇺🇸 USA |
 Occidental Petroleum OXY | 14.27% | -34.51% | 🇺🇸 USA |
 Phillips 66 PSX | 10.20% | -53.19% | 🇺🇸 USA |
 Chevron CVX | 21.80% | 0.05% | 🇺🇸 USA |
 Honeywell HON | 21.03% | -3.49% | 🇺🇸 USA |
 Hess HES | 19.93% | -8.54% | 🇺🇸 USA |
 HollyFrontier HFC | 4.98% | -77.17% | 🇺🇸 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.