Metric spotlight
XOMGross MarginUpdated Dec 2024

Exxon Mobil Corporation’s Gross Margin at a glance

Exxon Mobil Corporation reports gross margin of 22.6% for Dec 2024. The prior period recorded 25.1% (Dec 2023). Year over year the metric moved −2.5 pts (−10%). The rolling three-period average stands at 24.5%. Data last refreshed Nov 30, 2025, 4:16 PM.

Latest reading

22.6% · Dec 2024

YoY movement

−2.5 pts (−10%)

Rolling average

24.5%

Current Gross Margin

22.6%

YoY change

−2.5 pts

YoY change %

−10%

Rolling average

24.5%

XOM · Exxon Mobil Corporation

Latest Value

22.6%

Dec 2024

YoY Change

−2.5 pts

Absolute

YoY Change %

−10%

Rate of change

3-Period Avg

24.5%

Smoothed

201320142015201620172024

Narrative signal

Exxon Mobil Corporation’s gross margin stands at 22.6% for Dec 2024. Year-over-year, the metric shifted by −2.5 pts, translating into a −10% rate of change versus the prior period.

Pair this momentum with product cadence, pricing power, and capital allocation moves to understand durability.

Blend with balance sheet, cash flow, and peer benchmarks from AlphaPilot’s broader dashboards to shape an investable thesis.

How gross margin shapes Exxon Mobil Corporation's story

As of Dec 2024, Exxon Mobil Corporation reports gross margin of 22.6%. Measure pricing power and cost of goods efficiency by reviewing historical gross margins.

Pricing versus input costs

Gross margin expands when pricing power or mix more than offset raw material and labor inflation.

Benchmark to peers

Compare margins within a sector to spot operational advantages or signs of discounting.

Exxon Mobil Corporation (XOM) FAQs

Answers tailored to Exxon Mobil Corporation’s gross margin profile using the latest Financial Modeling Prep data.

What is Exxon Mobil Corporation's current gross margin?

As of Dec 2024, Exxon Mobil Corporation reports gross margin of 22.6%. This reading reflects the latest filings and price data for XOM.

How is Exxon Mobil Corporation's gross margin trending year over year?

Year-over-year, the figure shifts by −2.5 pts (−10%). Pair this context with revenue growth and free cash flow signals to gauge momentum for XOM.

Why does gross margin matter for Exxon Mobil Corporation?

Gross margin tracks the percentage of revenue remaining after direct production and service delivery costs. For Exxon Mobil Corporation, operating within Energy — Oil & Gas Integrated, tracking this metric helps benchmark management's execution against close competitors.

Is Exxon Mobil Corporation's gross margin above its recent average?

Exxon Mobil Corporation's rolling three-period average sits at 24.5%. Comparing the latest reading of 22.6% to that baseline highlights whether momentum is building or fading for XOM.

How frequently is Exxon Mobil Corporation's gross margin refreshed?

Data for XOM was last refreshed on Nov 30, 2025, 4:16 PM and updates automatically every 24 hours, keeping your valuation inputs current.