ExxonMobil Holdings Corp (XOM) stock analysis

P/E above its 5-year median

ExxonMobil's P/E of 17.1 is above its own 5-year median of 14.1.

P/E above the industry

ExxonMobil's P/E of 17.1 is above the Petroleum Refining median of 13.9.

EV/EBITDA above its 5-year median

ExxonMobil's EV/EBITDA of 8.2 is above its 5-year median of 6.8.

P/B below the industry

ExxonMobil's price-to-book of 2.56 is below the Petroleum Refining median of 2.75.

Trading above fair value

The share price of $166.71 is above our fair value estimate of $132.85.

Margin of safety under 20%

The price is 25.5% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew -7.0% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -20.4% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 19.0% over the last twelve months; the Petroleum Refining median is 18.4%.

Guidance issued

The latest outlook (full-year Cash capital expenditures, May 1, 2026) was issued for the first time, so it neither adds nor takes away points.

Gross margin trend

This company does not report gross profit.

Return on equity over 15%

Return on equity was 15.4% over the last twelve months and averaged 17.6% over five years.

Return on invested capital

Needs operating income and invested capital.

Return on equity below the industry

ExxonMobil's return on equity of 15.4% is below the Petroleum Refining median of 17.7%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin above its 5-year average

Net margin was 10.2% over the last twelve months, against a 5-year average of 10.1%.

Net margin above the industry

ExxonMobil's net margin of 10.2% is above the Petroleum Refining median of 7.0%.

Low debt

Debt is 12.9% of shareholders' equity, under the 40% we consider low.

Debt falling against equity

Debt to equity fell from 43.0% five years ago to 12.9%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 206% of total debt.

Interest coverage

Interest expense is not reported separately.

Short-term assets cover short-term debts

Current assets are 1.19 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 3.65; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

ExxonMobil paid dividends worth 2.5% of the share price over the last twelve months.

Yield below Treasuries

The 2.5% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; ExxonMobil yields 2.5%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Covered by earnings

Dividends take 42.5% of net income.

Covered by free cash flow

Dividends take 40.2% of free cash flow.