ExxonMobil Holdings (XOM) Tax Rate (2010 - 2026)
ExxonMobil Holdings (XOM) posted Tax Rate of 35.81% for Q1 2026, up 102.25% sequentially from 17.71% in Q4 2025, and up 506.0% YoY from 5.91% in Q1 2025.
ExxonMobil Holdings (XOM) Tax Rate (2010 - 2026) Analysis & Trends
ExxonMobil Holdings has reported Tax Rate for 17 years, with the latest figure at 35.81% in Q1 2026.
- Quarterly Tax Rate rose 506.0% year-over-year to 35.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.48% (up 26.0% YoY) and the FY2025 annual result came in at 27.88%, down 38.0% from the prior year.
- Tax Rate grew to 35.81% in Q1 2026 per XOM's latest filing, from 17.71% in the prior quarter.
- Over five years, Tax Rate peaked at 35.81% in Q1 2026 and troughed at 17.71% in Q4 2025.
- A 5-year average of 28.28% and a median of 30.05% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 718 bps in 2022, then surged 1123 bps in 2023.
- Over 5 years, Tax Rate stood at 30.71% in 2022, then declined by 20 bps to 24.59% in 2023, then fell by 23 bps to 18.93% in 2024, then declined by 6 bps to 17.71% in 2025, then soared by 102 bps to 35.81% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 35.81%, 17.71%, and 28.94% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | -33.32% |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 35.81% |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 43.08% |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -96.99% |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 31.41% |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -62.89% |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | -27.49% |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 23.70% |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 56.49% |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | -37.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.81% |
| Mar 31, 2026 | 35.81% |
| Mar 31, 2026 | 35.81% |
| Dec 31, 2025 | 17.71% |
| Dec 31, 2025 | 17.71% |
| Dec 31, 2025 | 17.71% |
| Sep 30, 2025 | 28.94% |
| Sep 30, 2025 | 28.94% |
| Sep 30, 2025 | 28.94% |
| Jun 30, 2025 | 31.30% |
| Jun 30, 2025 | 31.30% |
| Jun 30, 2025 | 31.30% |
| Mar 31, 2025 | 30.75% |
| Mar 31, 2025 | 30.75% |
| Mar 31, 2025 | 30.75% |
| Dec 31, 2024 | 18.93% |
| Dec 31, 2024 | 18.93% |
| Dec 31, 2024 | 18.93% |
| Sep 30, 2024 | 31.13% |
| Sep 30, 2024 | 31.13% |