Exxon Mobil Corporation
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Exxon Mobil Corporation: Tax Rate (%)
  • Exxon Mobil Corporation annual tax rate was $0.28 in fiscal year 2020. The annual tax rate Decreased $-0.01 from $0.29 (in 2023) to $0.28 (in 2020).
    This Decreased represents a tax rate growth of -3.33% Billion year over year.


  • Exxon Mobil Corporation quarterly tax rate was $0.19 in the quarter ending in Dec 24. The quarterly tax rate Decreased $-0.06 from $0.25 (in Dec 23) to $0.19 (in Dec 24).
    This Decreased represents a tax rate growth of -23.01% year over year.


  • In the last 5 years from 2020 to 2024 :
    • Highest tax rate of Exxon Mobil Corporation was $0.29 in fiscal year 2023
    • Lowest tax rate of Exxon Mobil Corporation was $0.19 in fiscal year 2020
    • Average tax rate of Exxon Mobil Corporation was $0.25


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  • Definition of Tax Rate (%) :
    The tax rate is the percentage of income that an individual or a business is required to pay to the government. For more details on tax rate, examples and formulas, refer to our glossary.
Exxon Mobil Corporation: Tax Rate (%)
Exxon Mobil Corporation : Tax Rate (%) Details
2024

Exxon Mobil Corporation annual tax rate was $0.28 in fiscal year 2024.
Exxon Mobil Corporation quarterly tax rate was $0.31 (Mar) , $0.30 (Jun) , $0.31 (Sep) , and $0.19 (Dec) in fiscal year 2024.

2023

Exxon Mobil Corporation annual tax rate was $0.29 in fiscal year 2023.
Exxon Mobil Corporation quarterly tax rate was $0.30 (Mar) , $0.30 (Jun) , $0.32 (Sep) , and $0.25 (Dec) in fiscal year 2023.

2022

Exxon Mobil Corporation annual tax rate was $0.26 in fiscal year 2022.
Exxon Mobil Corporation quarterly tax rate was $0.33 (Mar) , $0.26 (Jun) , $0.21 (Sep) , and $0.31 (Dec) in fiscal year 2022.

2021

Exxon Mobil Corporation annual tax rate was $0.24 in fiscal year 2021.
Exxon Mobil Corporation quarterly tax rate was $0.22 (Mar) , $0.24 (Jun) , $0.28 (Sep) , and $0.23 (Dec) in fiscal year 2021.

2020

Exxon Mobil Corporation annual tax rate was $0.19 in fiscal year 2020.
Exxon Mobil Corporation quarterly tax rate was $-1.98 (Mar) , $0.29 (Jun) , $-0.91 (Sep) , and $0.23 (Dec) in fiscal year 2020.

Exxon Mobil Corporation : Tax Rate (%) (year over year growth)
Exxon Mobil Corporation : Tax Rate (%) (Year Over Year Growth) Details
2024

Exxon Mobil Corporation annual tax rate Decreased -3.33% during fiscal year 2024 compared to 2023.
This represents an Decreased in tax rate of -$0.01 from $0.28 (in 2024) to $0.29 (in 2023).

2023

Exxon Mobil Corporation annual tax rate Increased +12.65% during fiscal year 2023 compared to 2022.
This represents an Increased in tax rate of +$0.03 from $0.29 (in 2023) to $0.26 (in 2022).

2022

Exxon Mobil Corporation annual tax rate Increased +6.14% during fiscal year 2022 compared to 2021.
This represents an Increased in tax rate of +$0.02 from $0.26 (in 2022) to $0.24 (in 2021).

2021

Exxon Mobil Corporation annual tax rate Increased +25.38% during fiscal year 2021 compared to 2020.
This represents an Increased in tax rate of +$0.05 from $0.24 (in 2021) to $0.19 (in 2020).

Exxon Mobil Corporation : Tax Rate (%) - Annual (Tabular)
Period Tax Rate (%) Y/Y Growth
2024 $0.28 -3.33%
2023 $0.29 +12.65%
2022 $0.26 +6.14%
2021 $0.24 +25.38%
Exxon Mobil Corporation : Tax Rate (%) - Quarterly (Tabular)
Period Tax Rate (%) Y/Y Growth
Dec 24 $0.19 -23.01%
Sep 24 $0.31 -2.03%
Jun 24 $0.30 -0.31%
Mar 24 $0.31 +4.16%
Dec 23 $0.25 -19.93%
Sep 23 $0.32 +54.63%
Jun 23 $0.30 +17.84%
Mar 23 $0.30 -9.99%
Dec 22 $0.31 +35.94%
Sep 22 $0.21 -25.90%
Jun 22 $0.26 +5.41%
Mar 22 $0.33 +47.99%
Dec 21 $0.23 0.05%
Sep 21 $0.28 -130.61%
Jun 21 $0.24 -15.75%
Mar 21 $0.22 -111.17%
Dec 20 $0.23 +111.76%
Sep 20 $-0.91 -390.15%
Jun 20 $0.29 +7.19%
Mar 20 $-1.98 -552.02%
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