Exxon Mobil (XOM) Tax Rate (2010 - 2026)

Exxon Mobil has disclosed Tax Rate across 17 years of filings, most recently posting 35.81% for Q1 2026.

• Tax Rate for Q1 2026 came in at 35.81%, up 506.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.48% (up 26.0% YoY), and the FY2025 annual result was 27.88%, down 38.0% from the prior year.
• Tax Rate came in at 35.81% for Q1 2026 at Exxon Mobil, up from 17.71% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 35.81% in Q1 2026 to a low of 17.71% in Q4 2025.
• The 5-year median for Tax Rate is 30.05% (2023), against an average of 28.28%.
• Across the five-year window, Tax Rate tumbled 718 bps in 2022 and soared 1123 bps in 2023, its largest moves.
• Exxon Mobil's Tax Rate stood at 30.71% in 2022, then slipped by 20 bps to 24.59% in 2023, then dropped by 23 bps to 18.93% in 2024, then slipped by 6 bps to 17.71% in 2025, then jumped by 102 bps to 35.81% in 2026.
• The last three Tax Rate figures came in at 35.81% (Q1 2026), 17.71% (Q4 2025), and 28.94% (Q3 2025), per Business Quant data.