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ExxonMobil Reports $28.8B Earnings for 2025

ExxonMobil Corporation has reported its 2025 full-year financial results, showcasing some significant changes compared to the previous year. The company generated earnings of $28.8 billion for the year, a decrease from $33.7 billion in 2024. Earnings excluding identified items were $30.1 billion in 2025, down from $33.5 billion in 2024.

Earnings per common share were reported at $6.70 for 2025, down from $7.84 in 2024. Excluding identified items, earnings per common share were $6.99, a decrease from $7.79 in 2024.

The company achieved a return on capital employed (ROCE) of 9.3% for the year, which has averaged approximately 11% since 2019, leading other integrated oil companies (IOCs).

ExxonMobil delivered strong full-year cash flow from operations of $52.0 billion, with a compound annual growth rate (CAGR) of around 10% since 2019, leading IOCs, and free cash flow of $26.1 billion.

The company's shareholder distributions totaled $37.2 billion, including $17.2 billion of dividends and $20.0 billion of share repurchases. ExxonMobil plans to repurchase $20 billion of shares through 2026, assuming reasonable market conditions.

The company's annual global refining throughput on a same-site basis was the highest since the merger of Exxon and Mobil. Additionally, its highest quarterly North America throughput was reported in 2025.

In terms of Upstream segment, full-year earnings were $21.4 billion versus $25.4 billion in 2024. The company reported the highest net production in more than 40 years at 4.7 million oil-equivalent barrels per day.

Energy Products full-year 2025 earnings were $7.4 billion, an increase of $3.4 billion compared to the previous year.

Chemical Products full-year earnings were $800 million, a decrease of $1.8 billion versus 2024.

Specialty Products delivered strong earnings from its high-value products. Full-year earnings were $2.9 billion, a decrease of $195 million compared to last year.

The company's corporate and financing full-year net charges were $3.6 billion compared to $1.4 billion in the prior year.

ExxonMobil's cash flow from operating activities for the full-year 2025 was $51.97 billion, a decrease from $55.02 billion in 2024.

The market has reacted to these announcements by moving the company's shares 0.59% to a price of $129.89. For the full picture, make sure to review EXXON MOBIL CORP's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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