Discontinued — last reported Q4 '25
CapEx
InvestingExxon Mobil CapEx decreased by 14.6% to $7.45B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $6.84B to $7.45B. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 23.8% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025
How to read this metric
An increase signals aggressive investment in future capacity and growth, particularly in infrastructure-heavy businesses like cloud computing.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hyperscale cloud competitors like Amazon (AWS) and Alphabet (Google Cloud) show high CapEx relative to revenue to maintain competitive infrastructure.
Metric ID:
cf_capital_expendituresHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.75B | $2.84B | $4.09B | $3.91B | $3.84B | $4.88B | $5.78B | $5.41B | $5.36B | $4.92B | $6.23B | $5.07B | $6.24B | $6.16B | $6.84B | $5.90B | $6.28B | $8.73B | $7.45B |
| QoQ Change | — | +3.4% | +44.0% | -4.4% | -1.9% | +27.1% | +18.6% | -6.4% | -1.0% | -8.2% | +26.6% | -18.5% | +22.9% | -1.2% | +11.0% | -13.7% | +6.5% | +38.9% | -14.6% |
| YoY Change | — | — | — | — | +39.7% | +71.7% | +41.4% | +38.4% | +39.7% | +0.9% | +7.7% | -6.2% | +16.3% | +25.2% | +9.8% | +16.2% | +0.8% | +41.7% | +9.0% |
Range$2.75B – $8.73B
CAGR+24.8%
Avg YoY Growth+23.5%
Median YoY Growth+16.3%
CapEx at Other Companies
Frequently Asked Questions
- What is Exxon Mobil's capex?
- Exxon Mobil (XOM) reported capex of $7.45B in Q4 2025.
- How has Exxon Mobil's capex changed year-over-year?
- Exxon Mobil's capex increased by 9.0% year-over-year, from $6.84B to $7.45B.
- What is the long-term trend for Exxon Mobil's capex?
- Over 4 years (2021 to 2025), Exxon Mobil's capex has grown at a 23.8% compound annual growth rate (CAGR), from $12.08B to $28.36B.
- What does capex mean?
- Money spent on buying or improving long-term physical assets like buildings and computers.