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.
