ExxonMobil Holdings (XOM) Dividend Coverage Ratio (2009 - 2026)
ExxonMobil Holdings' Dividend Coverage Ratio was 3.38 in Q2 2026, up 104.6% from 1.65 a year earlier and up 250.1% from the prior quarter.
ExxonMobil Holdings (XOM) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, ExxonMobil Holdings' Dividend Coverage Ratio was 1.90 through Jun 30, 2026, up 5.6% year-over-year; for FY2025, it was 1.67, down 17.0% from FY2024.
- Dividend Coverage Ratio has now declined for three consecutive years.
- In earlier years, Dividend Coverage Ratio was 2.02 in FY2024 (-16.3%), 2.41 in FY2023 (-35.4%), 3.73 in FY2022 (+141.7%) and 1.54 in FY2021.
- The Q2 2026 figure marks the highest quarterly Dividend Coverage Ratio since Q4 2022.
- Compared with a year earlier, Dividend Coverage Ratio was higher in 1 of the last eight quarters, with an average decline of 4.9%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q2 2022 (growth of 280.0%); the worst was Q2 2023 (a decline of 55.5%).
- Per Business Quant data, XOM's Dividend Coverage Ratio in the three quarters before Q2 2026 was 0.97 (Q1 2026), 1.49 (Q4 2025) and 1.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 3.38 |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 4.53 |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 3.45 |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 0.00 |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 3.84 |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 7.57 |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 5.29 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.38 |
| Mar 31, 2026 | 0.97 |
| Dec 31, 2025 | 1.49 |
| Sep 30, 2025 | 1.78 |
| Jun 30, 2025 | 1.65 |
| Mar 31, 2025 | 1.78 |
| Dec 31, 2024 | 1.74 |
| Sep 30, 2024 | 2.03 |
| Jun 30, 2024 | 2.16 |
| Mar 31, 2024 | 2.16 |
| Dec 31, 2023 | 1.99 |
| Sep 30, 2023 | 2.48 |
| Jun 30, 2023 | 2.13 |
| Mar 31, 2023 | 3.06 |
| Dec 31, 2022 | 3.38 |
| Sep 30, 2022 | 5.34 |
| Jun 30, 2022 | 4.79 |
| Mar 31, 2022 | 1.46 |
| Dec 31, 2021 | 2.36 |
| Sep 30, 2021 | 1.81 |
ExxonMobil Holdings Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=XOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "XOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=XOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();