Exxon Mobil Downstream Equipment — PP&E (Net) decreased by 0.2% to $298.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $292.65B to $298.78B. Over 5 years (FY 2020 to FY 2025), Downstream Equipment — PP&E (Net) shows an upward trend with a 5.6% CAGR.
A rising net value relative to gross value suggests recent heavy investment, whereas a declining ratio may indicate an aging asset base or significant depreciation.
This metric represents the current book value of downstream refining and manufacturing assets after subtracting accumula...
Most major oil and gas companies provide net PP&E by segment to allow investors to calculate return on invested capital (ROIC) for specific business units.
xom_segment_downstream_equipment_property_plant_and_equipment_net| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $223.01B | $218.80B | $216.55B | $212.77B | $209.16B | $203.10B | $204.69B | $206.02B | $206.74B | $205.86B | $214.94B | $213.72B | $298.28B | $299.54B | $294.32B | $292.65B | $295.36B | $298.39B | $299.37B | $298.78B |
| QoQ Change | — | -1.9% | -1.0% | -1.7% | -1.7% | -2.9% | +0.8% | +0.7% | +0.3% | -0.4% | +4.4% | -0.6% | +39.6% | +0.4% | -1.7% | -0.6% | +0.9% | +1.0% | +0.3% | -0.2% |
| YoY Change | — | — | — | — | -6.2% | -7.2% | -5.5% | -3.2% | -1.2% | +1.4% | +5.0% | +3.7% | +44.3% | +45.5% | +36.9% | +36.9% | -1.0% | -0.4% | +1.7% | +2.1% |