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Exxon Mobil XOM Debt-to-equity

Debt-to-equity at other companies

Chevron logo
ChevronCVX
0.2×0.0×
EOG Resources logo
EOG ResourcesEOG
0.3×+0.1×
ConocoPhillips logo
ConocoPhillipsCOP
0.4×0.0×
Imperial Oil logo
Imperial OilIMO
0.2×0.0×
Devon Energy logo
Devon EnergyDVN
0.6×-0.1×
Valero Energy logo
Valero EnergyVLO
0.5×0.0×

Other financials

Income statement

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Revenue$85.1B+2.4%
Net income$4.2B-45.8%
EPS (diluted)$1.00-43.2%

Balance sheet

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Cash & equivalents$8.4B-54.4%
Total debt$47.7B+26.9%
Total equity$254.38B-3.2%
Total assets$464.41B+2.8%

Cash flow

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Operating cash flow$8.7B-32.8%
CapEx$6.5B+9.7%
Free cash flow$2.2B-68.3%

Valuation

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Market cap$583.36B+37.0%
Enterprise value$622.59B+39.4%
P/E23×+10.2×
P/S1.8×+0.5×

Profitability

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Net margin7.6%-1.9pp

Returns & leverage

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Return on equity9.8%-4.4pp
Current ratio-0.2×

Where this comes from

Calculated from Exxon Mobil’s reported figures.

Based on the most recent quarter.

The official record: Exxon Mobil’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Exxon Mobil's debt-to-equity?
Exxon Mobil (XOM) reported debt-to-equity of 0.2× in Q1 2026.
How has Exxon Mobil's debt-to-equity changed year-over-year?
Exxon Mobil's debt-to-equity increased by 31.1% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Exxon Mobil's debt-to-equity?
Over 4 years (2021 to 2025), Exxon Mobil's debt-to-equity has grown at a -19.0% compound annual growth rate (CAGR), from 1.4× to 0.6×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.