ExxonMobil Holdings (XOM) Tax Provisions (2009 - 2026)
ExxonMobil Holdings (XOM) posted Tax Provisions of $2.5 billion for Q1 2026, up 75.46% sequentially from $1.4 billion in Q4 2025, and down 30.05% YoY from $3.6 billion in Q1 2025.
ExxonMobil Holdings (XOM) Tax Provisions (2009 - 2026) Analysis & Trends
ExxonMobil Holdings has reported Tax Provisions for 18 years, with the latest figure at $2.5 billion in Q1 2026.
- Quarterly Tax Provisions fell 30.05% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.4 billion (down 23.15% YoY) and the FY2025 annual result came in at $11.5 billion, down 16.7% from the prior year.
- Tax Provisions improved to $2.5 billion in Q1 2026 per XOM's latest filing, from $1.4 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $6.4 billion in Q2 2022 and troughed at $1.4 billion in Q4 2025.
- A 5-year average of $3.7 billion and a median of $3.6 billion in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions soared 316.71% in 2022, then sank 54.85% in 2023.
- Over 5 years, Tax Provisions stood at $5.8 billion in 2022, then tumbled by 54.85% to $2.6 billion in 2023, then retreated by 28.89% to $1.9 billion in 2024, then slipped by 23.47% to $1.4 billion in 2025, then surged by 75.46% to $2.5 billion in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $2.5 billion, $1.4 billion, and $3.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | -3.11 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 2.50 Bn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 1.70 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -942.45 Mn |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 4.95 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -8.19 Bn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | -566.59 Mn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 212.93 Mn |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 3.15 Bn |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | -243.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.53 Bn |