Business Segments · PP&E (Net)

Downstream Equipment — PP&E (Net)

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.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026
Rolls up toPP&E (Net)

How to read this metric

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.

Detailed definition

This metric represents the current book value of downstream refining and manufacturing assets after subtracting accumula...

Peer comparison

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.

Metric ID: xom_segment_downstream_equipment_property_plant_and_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$203.10B$299.54B
CAGR+6.4%
Avg YoY Growth+9.6%
Median YoY Growth+1.5%

Frequently Asked Questions

What is Exxon Mobil's downstream equipment — pp&e (net)?
Exxon Mobil (XOM) reported downstream equipment — pp&e (net) of $298.78B in Q1 2026.
How has Exxon Mobil's downstream equipment — pp&e (net) changed year-over-year?
Exxon Mobil's downstream equipment — pp&e (net) increased by 2.1% year-over-year, from $292.65B to $298.78B.
What is the long-term trend for Exxon Mobil's downstream equipment — pp&e (net)?
Over 5 years (2020 to 2025), Exxon Mobil's downstream equipment — pp&e (net) has grown at a 5.6% compound annual growth rate (CAGR), from $227.55B to $299.37B.
What does downstream equipment — pp&e (net) mean?
The current book value of refining and manufacturing assets after accounting for wear and tear over time.