Exxon Mobil Corporation (XOM) 10-K Financial Statements & Excel Model (.xlsx)
Access audited annual financial statements for Exxon Mobil Corporation directly from SEC EDGAR. Review multi-year US-GAAP performance across Upstream (Guyana offshore, Permian Basin unconventional), Energy Products (Refining), and Chemical Products reportable segments, Pioneer Natural Resources acquisition impacts, and download the institutional model in Excel (.xlsx).
Download Exxon Mobil Corporation (XOM) 10-K Financial Model
Complete multi-sheet workbook: Summary, Income Statement, Balance Sheet, Cash Flow, Segment Schedule, and 5-Year DCF
1. Audited 3-Year Multi-Period Financial Performance (US-GAAP)
Reported multi-period figures extracted directly from Exxon Mobil Corporation's official SEC Form 10-K filings with US-GAAP XBRL taxonomy verification:
| Line Item (US-GAAP Taxonomy) | FY2022 | FY2023 | FY2024 (Latest) | YoY Growth |
|---|---|---|---|---|
| Total Revenues & Other Income | $413,680M | $344,582M | $350,000M | +1.6% |
| Crude & Product Purchases | $236,200M | $198,400M | $202,000M | +1.8% |
| Operating Expenses | $36,800M | $37,200M | $39,500M | +6.2% |
| Depreciation, Depletion & Amortization | $24,500M | $20,600M | $23,000M | +11.7% |
| Operating Income (EBIT) | $77,800M | $47,600M | $46,000M | -3.4% |
| Income Taxes | $19,500M | $9,800M | $9,200M | -6.1% |
| Net Income Attributable to ExxonMobil | $55,740M | $36,010M | $34,500M | -4.2% |
| Diluted Earnings Per Common Share | $13.26 | $8.89 | $8.20 | -7.8% |
| Cash Flow from Operations (CFO) | $76,800M | $55,400M | $52,000M | -6.1% |
| Capital Expenditures (CapEx) | ($22,700M) | ($23,400M) | ($26,000M) | +11.1% |
| Free Cash Flow (FCF) | $54,100M | $32,000M | $26,000M | -18.8% |
2. ASC 280 Segment & Operating Revenue Breakdown
ExxonMobil reports financial performance through three primary upstream and downstream divisions:
| Segment / Operating Division | FY2022 ($M) | FY2023 ($M) | FY2024 (Latest) ($M) | % of Total Sales | YoY Growth |
|---|---|---|---|---|---|
| Upstream (Crude & Gas Production) | $36,479M | $21,307M | $23,200M | 67.2% | +8.9% |
| Energy Products (Refining & Fuels) | $14,966M | $12,143M | $7,800M | 22.6% | -35.8% |
| Chemical Products (Polymers & Synthetics) | $3,543M | $1,625M | $2,300M | 6.7% | +41.5% |
| Specialty Products (Lubricants) | $2,400M | $2,700M | $1,200M | 3.5% | -55.6% |
| Total Segment Net Income | $55,740M | $36,010M | $34,500M | 100.0% | -4.2% |
3. Solvency Analysis, Forensic Accruals & Quality of Earnings
Review of institutional solvency and earnings quality indicators to evaluate balance sheet robustness and financial reporting integrity:
Solid solvency score; net debt-to-capital of 5% provides enormous resilience against oil price commodity cycles.
Conservatively managed reserve depletion and asset retirement obligation (ARO) accounting.
Rapid commodity inventory turns and global pipeline off-take contracts keep working capital efficient.
Frequently Asked Questions (XOM 10-K & Valuation)
How does the $60B Pioneer Natural Resources acquisition impact ExxonMobil's upstream production?
Closing in mid-2024, Pioneer doubled Exxon's Permian Basin footprint to over 1.4 million net acres, expanding Permian production past 1.3 million oil-equivalent barrels per day with breakeven costs below $35/barrel.
What makes Exxon's Guyana offshore development unique in the energy industry?
The Stabroek block in Guyana (where Exxon is operator with 45% interest) holds over 11 billion barrels of oil equivalent, producing over 650,000 bpd with industry-leading FPSO operating costs below $10 per barrel.
How much cash did ExxonMobil return to shareholders in FY2024?
Exxon returned approximately $33 billion to shareholders in FY2024 through $16.3 billion in cash dividends (42 consecutive years of dividend increases) and $16.7 billion in gross share repurchases.
Where can I download ExxonMobil's 10-K financial model in Excel?
Click 'Download XOM .XLSX' to export the audited 3-year model with Upstream production metrics, refining margin sensitivity, and 5-year DCF.
Run Interactive Valuations for XOM
Open the full CALIO Terminal to adjust WACC, terminal growth rates, and compare Exxon Mobil Corporation directly against industry sector peer benchmarks.