(Part 2 of 5) Earnings Calendar - Mag7 starts along with ExxonMobil (26Jan2026)
Earnings Calendar (26Jan2026)
I am monitoring the earnings results from Microsoft, Apple, Meta, Tesla, UPS, GM, Chevron and ExxonMobil. Let us explore the recent performance of ExxonMobil.
Stock Performance and Analyst Recommendations
Technical analysis for ExxonMobil indicates a “Strong Buy” recommendation, suggesting favourable market signals and trends. In addition to technical factors, analyst sentiment supports a positive outlook for the stock, with a consensus rating of “Buy.”
The current price target stands at $132.48. However, this target implies a potential downside of approximately 1.84%, reflecting a drop from the current trading price.
ExxonMobil Earnings Highlights
Revenue Growth
ExxonMobil has demonstrated strong revenue growth over the past decade. The company’s revenue increased from $239 billion in 2015 to $339 billion in 2024. Notably, ExxonMobil achieved its highest annual revenue in 2022, reaching $398 billion.
Profitability
Gross profit saw an upward trajectory, growing from $56.2 billion in 2015 to $76.7 billion in 2024. The company recorded its highest gross profit in 2022, totalling $103 billion.
Operating profit followed a similar pattern, rising from $12.8 billion in 2015 to $39.6 billion in 2024. The standout year for operating profit was 2022, when ExxonMobil posted $64.8 billion.
Earnings per share (EPS) reflected these positive trends, with EPS increasing from $3.85 in 2015 to $7.84 in 2024. The peak EPS during this period was $13.26, also achieved in 2022.
Dividend Performance
Dividends per share have steadily climbed, growing from $2.88 in 2015 to $3.84 in 2024. This consistent increase highlights the company’s commitment to returning value to shareholders.
Financial Health and Ratios
ExxonMobil’s financial position remains robust, with a Debt/Equity ratio of 0.2 and a Debt/Assets ratio of 0.1. These figures indicate a strong and healthy balance sheet.
The company’s price-to-earnings (P/E) ratio stands at 18.4, suggesting an attractive valuation for investors.
Over the past ten years, ExxonMobil has maintained median gross profit margins of 23.4% and free cash flow (FCF) margins of 6.0%.
Given the above, ExxonMobil can be an interesting consideration for those looking for defensive stocks to reinforce their portfolio.
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