Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas.
P/E ratio for Exxon Mobil Corporation (XOM)
P/E ratio as of 2023: 11.51
According to Exxon Mobil Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.51. At the end of 2022 the company had a P/E ratio of 8.32.
P/E ratio history for Exxon Mobil Corporation from 1985 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 11.51 |
| 2022 | 8.32 |
| 2021 | 11.35 |
| 2020 | -7.85 |
| 2019 | 20.78 |
| 2018 | 13.86 |
| 2017 | 18.06 |
| 2016 | 48.01 |
| 2015 | 20.25 |
| 2014 | 12.16 |
| 2013 | 13.73 |
| 2012 | 8.92 |
| 2011 | 10.05 |
| 2010 | 11.73 |
| 2009 | 17.09 |
| 2008 | 9.09 |
| 2007 | 12.73 |
| 2006 | 11.47 |
| 2005 | 9.75 |
| 2004 | 13.11 |
| 2003 | 12.65 |
| 2002 | 20.67 |
| 2001 | 17.62 |
| 2000 | 17.05 |
| 1999 | 35.17 |
| 1998 | 27.97 |
| 1997 | 17.94 |
| 1996 | 16.22 |
| 1995 | 15.45 |
| 1994 | 14.81 |
| 1993 | 14.82 |
| 1992 | 15.96 |
| 1991 | 13.49 |
| 1990 | 12.89 |
| 1989 | 18.25 |
| 1988 | 11.11 |
| 1987 | 11.08 |
| 1986 | 9.43 |
| 1985 | 8.51 |