ExxonMobil earned $28.8 billion in 2025, down from $33.7 billion in 2024, even as oil-equivalent production hit 4.7 million barrels per day, the highest in more than 40 years. The company returned $37.2 billion to shareholders, its largest distribution ever. This article covers ExxonMobil statistics across earnings, production, segments, shareholder returns, and the 2030 outlook, using the company’s January 30, 2026 results and SEC filings.
ExxonMobil Statistics — TL;DR
- Full-year 2025 earnings were $28.8 billion, or $6.70 per diluted share, based on ExxonMobil’s 2025 results release.
- Net production reached 4.7 million oil-equivalent barrels per day, an annual record over the past four decades.
- Shareholder distributions totaled $37.2 billion: $17.2 billion in dividends and $20.0 billion in buybacks.
- ExxonMobil raised its dividend for the 43rd straight year, declaring $1.03 per share for the first quarter of 2026.
- Cash flow from operations was $52.0 billion; capital spending was $29.0 billion.
The headline number for 2025 is the gap between falling profit and rising output. Earnings dropped about 14% on weaker crude prices and chemical margins, while volumes climbed on growth in the Permian and Guyana. The Permian, Guyana, and LNG assets supplied 59% of production, up roughly 7 percentage points from 2024. Like the long-term shifts mapped in the future of energy series, ExxonMobil’s results show an oil major leaning into its lowest-cost barrels.
What Was ExxonMobil’s Revenue and Net Income in 2025?
Net income fell for the third straight year, from a 2022 peak of $55.7 billion. Sales and operating revenue came in at $323.9 billion in 2025, down from $339.2 billion in 2024. Earnings per diluted share were $6.70, versus $7.84 the year before.
| Financial Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $28.84B | $33.68B | $36.01B | $55.74B |
| Diluted EPS | $6.70 | $7.84 | $8.89 | $13.26 |
| Sales and operating revenue | $323.9B | $339.2B | $334.7B | — |
| Cash flow from operations | $52.0B | $55.0B | — | — |
| Free cash flow | $26.1B | $34.4B | — | — |
| Return on average capital employed | 9.3% | 12.7% | 15.0% | 24.9% |
| Total assets | $449.0B | $453.5B | $376.3B | $369.1B |
| Total debt | $43.5B | $41.7B | $41.6B | $41.2B |
| Debt-to-capital ratio | 14.0% | 13.4% | 16.4% | — |
Source: ExxonMobil 2025 Results press release (January 30, 2026); ExxonMobil 2025 Annual Report, SEC EDGAR
The 2022 figure was an outlier driven by the post-invasion spike in energy prices. The 2025 result sits well above ExxonMobil’s 2019–2021 range, and the company reported $15.1 billion in cumulative cost savings since 2019, with a $20 billion target by 2030. The pattern echoes the long-arc view of crude in the case for peak cheap oil, where price volatility steadily reshapes producer economics.
How Much Oil Does ExxonMobil Produce?
ExxonMobil produced 4.7 million oil-equivalent barrels per day in 2025, up from 4.3 million in 2024. Fourth-quarter output reached 5.0 million barrels per day. Permian production set an annual record at 1.6 million barrels per day, and Guyana topped 700,000 gross barrels per day.
| Production Metric | 2025 | 2024 |
|---|---|---|
| Net oil-equivalent production (boe/day) | 4.74M | 4.33M |
| Q4 net production (boe/day) | 5.0M | 4.6M |
| Liquids production (barrels/day) | 3.33M | 2.99M |
| Permian production (boe/day) | 1.6M | — |
| Refinery throughput (barrels/day) | 3.98M | 3.90M |
| Advantaged assets share of production | 59% | ~52% |
Source: ExxonMobil 2025 Results press release (January 30, 2026)
Refinery throughput of 4.0 million barrels per day was a record on a same-site basis since the Exxon-Mobil merger. Volume growth came mainly from the 2024 Pioneer acquisition and from Guyana’s Yellowtail project, which started four months early. The output trend runs counter to demand pressure from the spread of electric vehicles, which the IEA estimates displaced over 1.3 million barrels of oil per day in 2024.
ExxonMobil Statistics By Business Segment
Upstream remained the profit engine at $21.4 billion, though that was down $4.0 billion from 2024 on lower crude prices. Energy Products nearly doubled to $7.4 billion on stronger refining margins. Chemical Products fell to $800 million as industry margins weakened.
| Segment | 2025 Earnings | 2024 Earnings |
|---|---|---|
| Upstream | $21.4B | $25.4B |
| Energy Products (refining) | $7.4B | $4.0B |
| Specialty Products | $2.9B | $3.1B |
| Chemical Products | $0.8B | $2.6B |
| Corporate and Financing | -$3.6B | -$1.4B |
Source: ExxonMobil 2025 Results press release (January 30, 2026)
The swing in refining offset much of the upstream decline, which is the point of an integrated model. In proven reserves, ExxonMobil ranks alongside large state and private producers such as Russia’s Lukoil. Its Canadian affiliate, Imperial Oil, adds oil sands volume through the jointly held Kearl operation.
ExxonMobil Shareholder Returns Statistics
ExxonMobil distributed $37.2 billion to shareholders in 2025, slightly above 2024’s $36.0 billion. Dividends accounted for $17.2 billion, the second-highest payout among S&P 500 companies. Buybacks added $20.0 billion, and the company plans to repurchase $20 billion of shares through 2026.
| Shareholder Metric | 2025 | 2024 |
|---|---|---|
| Total distributions | $37.2B | $36.0B |
| Dividends paid | $17.2B | $16.7B |
| Share repurchases | $20.0B | $19.6B |
| Dividend per share (annual) | $4.00 | $3.84 |
| Consecutive years of dividend growth | 43 | 42 |
| Capital expenditures | $29.0B | $25.6B |
Source: ExxonMobil 2025 Results press release (January 30, 2026)
The 43-year streak places ExxonMobil among the longest-running dividend growers in the S&P 500. Annualized total shareholder return averaged about 29% over the past five years, which the company says led its international oil peers. Year-end cash fell to $10.7 billion from $23.0 billion as buybacks and capital spending outpaced free cash flow.
ExxonMobil Statistics: 2030 Outlook
ExxonMobil’s December 2025 plan targets $25 billion in earnings growth and $35 billion in cash flow growth versus 2024, without raising capital spending. Permian output is set to roughly double to 2.5 million barrels per day by 2030.
| 2030 Target | Figure |
|---|---|
| Earnings growth vs 2024 | $25B |
| Cash flow growth vs 2024 | $35B |
| Permian production by 2030 | ~2.5M boe/day |
| Advantaged assets share of volumes | ~65% |
| Unit earnings per barrel by 2030 | >$15 |
| Structural cost savings target | $20B |
Source: ExxonMobil “raises its 2030 Plan” press release (December 9, 2025)
The plan cuts low-carbon spending and concentrates on high-margin barrels, a bet that runs against forecasts of a faster shift toward solar and renewables. ExxonMobil also said in March 2026 that its board recommends moving the company’s legal home from New Jersey to Texas.
FAQs
What was ExxonMobil’s net income in 2025?
ExxonMobil reported net income of $28.8 billion in 2025, down from $33.7 billion in 2024. Diluted earnings per share were $6.70. Weaker crude prices and chemical margins drove the decline, partly offset by higher production and refining margins.
How much oil does ExxonMobil produce per day?
ExxonMobil produced 4.7 million oil-equivalent barrels per day in 2025, its highest annual level in more than 40 years. Fourth-quarter output reached 5.0 million barrels per day, led by record volumes in the Permian Basin and Guyana.
How much did ExxonMobil return to shareholders in 2025?
ExxonMobil returned $37.2 billion in 2025, made up of $17.2 billion in dividends and $20.0 billion in share buybacks. The company has raised its annual dividend for 43 straight years.
What is ExxonMobil’s debt-to-capital ratio?
ExxonMobil’s debt-to-capital ratio was 14.0% at the end of 2025, with a net-debt-to-capital ratio of 11.0%. Total debt was $43.5 billion and year-end cash was $10.7 billion.
What is ExxonMobil’s revenue in 2025?
ExxonMobil reported sales and other operating revenue of $323.9 billion in 2025, down from $339.2 billion in 2024. Total revenues and other income were $332.2 billion, reflecting lower crude oil prices through the year.
Sources:
https://corporate.exxonmobil.com/news/news-releases/2026/0130-exxonmobil-announces-2025-results
https://www.sec.gov/Archives/edgar/data/34088/000119312526147617/d46748dars.pdf
With many years of professional experience within transnational corporations in different industries, Richard Jaimes has had the opportunity to lead people and organizations, investigate future topics, create strategies and innovations, consult senior management and translate insights into business advantages. Richard is also a long time senior consultant with Quantumrun Foresight.
