ExxonMobil Holdings (XOM) Tax Rate (2010 - 2026)
ExxonMobil Holdings (XOM) reported Tax Rate of 24.55% for Q3 2026, down 4.39 percentage points from 28.94% a year earlier but up 1.16 percentage points from the prior quarter.
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Analysis
ExxonMobil Holdings (XOM) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, ExxonMobil Holdings' Tax Rate came in at 24.57%, down 3.17 percentage points year-over-year; for FY2025, it came in at 27.88%, down 0.38 percentage points from FY2024.
- Tax Rate has a four-year change of +3.43 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 28.26% in FY2024 (-0.97 pp), 29.23% in FY2023 (+3.28 pp), 25.95% in FY2022 (+1.50 pp) and 24.45% in FY2021.
- Five-year quarterly Tax Rate spans a low of 17.71% in Q4 2025 and a high of 35.81% in Q1 2026.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -1.87 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2023 (a gain of 11.23 percentage points); the low point was Q2 2026 (a drop of 7.91 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 23.39% (Q2 2026), 35.81% (Q1 2026) and 17.71% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 24.55% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 26.42% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | - |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | - |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 35.37% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 26.09% |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 20.67% |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.55% |
| Jun 30, 2026 | 23.39% |
| Mar 31, 2026 | 35.81% |
| Dec 31, 2025 | 17.71% |
| Sep 30, 2025 | 28.94% |
| Jun 30, 2025 | 31.30% |
| Mar 31, 2025 | 30.75% |
| Dec 31, 2024 | 18.93% |
| Sep 30, 2024 | 31.13% |
| Jun 30, 2024 | 29.96% |
| Mar 31, 2024 | 30.75% |
| Dec 31, 2023 | 24.59% |
| Sep 30, 2023 | 31.78% |
| Jun 30, 2023 | 30.05% |
| Mar 31, 2023 | 29.52% |
| Dec 31, 2022 | 30.71% |
| Sep 30, 2022 | 20.55% |
| Jun 30, 2022 | 25.50% |
| Mar 31, 2022 | 32.80% |
| Dec 31, 2021 | 22.59% |
API Access
ExxonMobil Holdings Tax Rate 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-rate&ticker=XOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=XOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();