ExxonMobil Holdings (XOM) Tax Provisions (2009 - 2026)
ExxonMobil Holdings (XOM) posted Tax Provisions of $4.54 billion for Q2 2026, up 35.6% from $3.35 billion a year earlier and up 82.1% from the prior quarter.
ExxonMobil Holdings (XOM) Tax Provisions (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Provisions at ExxonMobil Holdings was $11.62 billion, down 9.4% year-over-year; for FY2025, it came in at $11.5 billion, down 16.7% from FY2024.
- Annual Tax Provisions has declined for three consecutive years.
- In prior years, ExxonMobil Holdings' Tax Provisions was $13.81 billion in FY2024 (-10.5%), $15.43 billion in FY2023 (-23.5%), $20.18 billion in FY2022 (+164.2%) and $7.64 billion in FY2021.
- The Q2 2026 figure stands as the highest quarterly Tax Provisions since Q1 2023.
- On a year-over-year basis, Tax Provisions increased in 1 of the last eight quarters, with an average decline of 12.5%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q3 2021, with growth of 690.5%; the weakest was Q4 2023, with a decline of 54.8%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $2.5 billion (Q1 2026), $1.42 billion (Q4 2025) and $3.16 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 732.76 Bn | 695.97 Bn | - | 4.54 Bn |
| 2 | Chevron | 447.81 Bn | 425.60 Bn | 33.45 Bn | 4.50 Bn |
| 3 | Shell | 301.00 Bn | 231.74 Bn | 30.13 Bn | 4.95 Bn |
| 4 | TotalEnergies SE | 200.71 Bn | 83.84 Bn | 61.77 Bn | 3.15 Bn |
| 5 | Conocophillips | 174.96 Bn | 147.67 Bn | 12.81 Bn | 2.15 Bn |
| 6 | Equinor Asa | 115.99 Bn | 30.51 Bn | - | -8.19 Bn |
| 7 | Phillips 66 | 113.55 Bn | 102.54 Bn | 8.38 Bn | 1.09 Bn |
| 8 | Canadian Natural Resources | 112.20 Bn | 109.20 Bn | 8.84 Bn | 775.70 Mn |
| 9 | Eni Spa | 93.57 Bn | 43.76 Bn | - | -1.53 Bn |
| 10 | Suncor Energy | 92.37 Bn | 78.11 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.54 Bn |
| Mar 31, 2026 | 2.50 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Sep 30, 2025 | 3.16 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 3.57 Bn |
| Dec 31, 2024 | 1.86 Bn |
| Sep 30, 2024 | 4.06 Bn |
| Jun 30, 2024 | 4.09 Bn |
| Mar 31, 2024 | 3.80 Bn |
| Dec 31, 2023 | 2.61 Bn |
| Sep 30, 2023 | 4.35 Bn |
| Jun 30, 2023 | 3.50 Bn |
| Mar 31, 2023 | 4.96 Bn |
| Dec 31, 2022 | 5.79 Bn |
| Sep 30, 2022 | 5.22 Bn |
| Jun 30, 2022 | 6.36 Bn |
| Mar 31, 2022 | 2.81 Bn |
| Dec 31, 2021 | 2.65 Bn |
| Sep 30, 2021 | 2.66 Bn |
ExxonMobil Holdings Tax Provisions 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=tax-provisions&ticker=XOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=XOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();