Exxon Mobil Corp. Tax Rate

Exxon Mobil Corp.: Tax Rate (%)

Exxon Mobil Corp. annual tax rate was $0.26 in fiscal year 2022. The annual tax rate Increased $0.02 from $0.24 (in 2019) to $0.26 (in 2022).
This Increased represents a tax rate growth of +6.14% Billion year over year.

Exxon Mobil Corp. quarterly tax rate was $0.30 in the quarter ending in Jun 23. The quarterly tax rate Increased $0.05 from $0.26 (in Jun 22) to $0.30 (in Jun 23).
This Increased represents a tax rate growth of +17.84% year over year.

In the last 5 years from 2018 to 2022 :

Highest tax rate of Exxon Mobil Corp. was $0.31 in fiscal year 2018
Lowest tax rate of Exxon Mobil Corp. was $0.19 in fiscal year 2020
Average tax rate of Exxon Mobil Corp. 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 Corp.: Tax Rate (%)

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Exxon Mobil Corp. : Tax Rate (%) Details

2022

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

2021

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

2020

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

2019

Exxon Mobil Corp. annual tax rate was $0.26 in fiscal year 2019.
Exxon Mobil Corp. quarterly tax rate was $0.44 (Mar) , $0.27 (Jun) , $0.31 (Sep) , and $0.11 (Dec) in fiscal year 2019.

2018

Exxon Mobil Corp. annual tax rate was $0.31 in fiscal year 2018.
Exxon Mobil Corp. quarterly tax rate was $0.29 (Sep) , $0.24 (Dec) 0 () 0 () in fiscal year 2018.

Exxon Mobil Corp. : Tax Rate (%) (year over year growth)

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Exxon Mobil Corp. : Tax Rate (%) (Year Over Year Growth) Details

2022

Exxon Mobil Corp. 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 Corp. 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).

2020

Exxon Mobil Corp. annual tax rate Decreased -25.96% during fiscal year 2020 compared to 2019.
This represents an Decreased in tax rate of -$0.07 from $0.19 (in 2020) to $0.26 (in 2019).

2019

Exxon Mobil Corp. annual tax rate Decreased -14.48% during fiscal year 2019 compared to 2018.
This represents an Decreased in tax rate of -$0.04 from $0.26 (in 2019) to $0.31 (in 2018).

Exxon Mobil Corp. : Tax Rate (%) - Annual (Tabular)

Period	Tax Rate (%)	Y/Y Growth
2022	$0.26	+6.14%
2021	$0.24	+25.38%
2020	$0.19	-25.96%
2019	$0.26	-14.48%

Exxon Mobil Corp. : Tax Rate (%) - Quarterly (Tabular)

Period	Tax Rate (%)	Y/Y Growth
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%
Dec 19	$0.11	-54.78%
Sep 19	$0.31	+7.63%