ExxonMobil Holdings (XOM) FY2024 results: revenue $349.6 billion, up 1.5% on the year
ExxonMobil Holdings Corp. (XOM) reported revenue of $349.6 billion for fiscal 2024, the year ended 31 December 2024, up 1.5% on the year before. Net income was $33.7 billion, down 6.5%, and diluted earnings per share $7.84. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2025.
Revenue
$349.6 billion
+1.5% on the year
FY2017FY2024
Operating margin
14.0%
15.3% a year earlier
FY2017FY2024
Net income
$33.7 billion
-6.5% on the year
FY2017FY2024
Diluted EPS
$7.84
-11.8% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
55,022
55,369
76,797
-0.6%
Capital expenditure
24,306
21,919
18,407
+10.9%
Free cash flow
30,716
33,450
58,390
-8.2%
Free cash flow margin
8.8%
9.7%
14.1%
Cash from investing
-19,938
-19,274
-14,742
Cash from financing
-42,789
-34,297
-39,114
Depreciation and amortisation
23,442
20,641
24,040
+13.6%
Buybacks
19,629
17,748
15,155
+10.6%
Dividends paid
16,704
14,941
14,939
+11.8%
Dividend per share
$3.84
$3.68
$3.55
+4.3%
Diluted shares, weighted
4,298m
4,052m
4,205m
+6.1%
Shares outstanding at period end
4,353m
3,971m
4,082m
+9.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
263,705
204,802
195,049
+28.8%
Non-controlling interest
6,901
7,736
7,424
-10.8%
Debt
41,710
41,573
41,193
+0.3%
Operating lease liabilities
4,626
4,393
4,067
+5.3%
Other liabilities
136,533
117,813
121,334
+15.9%
Total liabilities and equity
453,475
376,317
369,067
+20.5%
Fixed assets
294,318
214,940
204,692
+36.9%
Investments
343
177
278
+93.8%
Cash and equivalents
23,029
31,539
29,640
-27.0%
Receivables
35,282
30,296
32,844
+16.5%
Other assets
100,503
99,365
101,613
+1.1%
Total assets
453,475
376,317
369,067
+20.5%
10-K for the year ended 31 December 2024, filed 19 February 2025: the filing.