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
DateValue
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