ExxonMobil
ExxonMobil returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Operating income is unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 12.55% | 7.18% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 9.79% | 5.53% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 11.03% | 6.39% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | 11.32% | 6.54% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | 11.68% | 6.83% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | 14.18% | 8% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | 14.38% | 8.12% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | 14.39% | 8.08% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | 14.62% | 8.29% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | 16.24% | 8.78% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | 18.01% | 9.66% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | 21.32% | 11.08% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | 27.48% | 14.15% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | 33.54% | 17.04% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | 30.66% | 15.75% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | 29.92% | 14.67% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | 23.19% | 11.05% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | 15.81% | 7.49% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | 14.15% | 6.86% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | -3.49% | -1.7% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | -7.87% | -3.82% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | -11.27% | -5.54% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | -12.87% | -6.45% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | 1.81% | 0.93% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | 3.86% | 1.99% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | 6.1% | 3.2% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | 7.48% | 4.05% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | 7.7% | 4.1% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | 9.36% | 4.99% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | 9.77% | 5.26% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | 10.98% | 6% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | 12.46% | 6.6% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 11.44% | 6.06% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | 11.14% | 5.87% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | 11.1% | 5.81% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 7.37% | 3.78% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 6.68% | 3.41% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 5.75% | 2.92% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 4.64% | 2.35% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 5.24% | 2.63% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 6.14% | 3.05% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | 7.58% | 3.8% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | 9.36% | 4.71% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | 11.35% | 5.75% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | 13.44% | 6.73% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | 16.32% | 8.15% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | 18.67% | 9.34% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | 19.61% | 9.8% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | 19.67% | 9.74% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | 18.74% | 9.29% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | 19.17% | 9.57% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 20.35% | 10.01% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | 21.85% | 10.69% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | 27.73% | 13.12% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | — | — | 28.03% | 13.5% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | 27.48% | 13.47% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 28.33% | 13.75% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 25.84% | 11.99% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | 27.26% | 12.96% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | 27.19% | 13.13% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | 25.65% | 12.29% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | 26.37% | 12.38% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | 23.67% | 11.37% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | 21.61% | 10.3% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | 19.97% | 9.56% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 19, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · XOM, USD. Latest completed close Oct 26, 2026. Price data retrieved Oct 27, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.