Exxon Mobil (Exxon Mobil) COGS-to-Revenue

: 0.78 (As of Dec. 2023)

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Exxon Mobil's Cost of Goods Sold for the three months ended in Dec. 2023 was $63,985 Mil. Its Revenue for the three months ended in Dec. 2023 was $81,688 Mil.

Exxon Mobil's COGS to Revenue for the three months ended in Dec. 2023 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Exxon Mobil's Gross Margin % for the three months ended in Dec. 2023 was 21.67%.

Exxon Mobil COGS-to-Revenue Historical Data

The historical data trend for Exxon Mobil's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Exxon Mobil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.78

0.95

0.77

0.74

0.75

Exxon Mobil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.71	0.71	0.75	0.75	0.78

Exxon Mobil COGS-to-Revenue Calculation

Exxon Mobil's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	250555	/	334697
	=	0.75

Exxon Mobil's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	63985	/	81688
	=	0.78

Exxon Mobil (NYSE:XOM) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Exxon Mobil's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	63985 / 81688
	=	21.67 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Exxon Mobil COGS-to-Revenue Related Terms

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Exxon Mobil (Exxon Mobil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (NYSE:XOM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

XOM:Peru XOM:Mexico 1XOM:Italy XONAd:UK 0R1M:UK XONA:Germany XONA:Germany XONA:Germany XONA:Germany XOM:Chile XOM:Canada EXXO34:Brazil XOM:Austria XOM:Argentina

Address

5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298

Website

https://www.exxonmobil.com

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Executives

Jeffrey W Ubben	director	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley	officer: Vice President	22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris	director	C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner	director	1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox	officer: Vice President and Controller	5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman	officer: VP, Tax and Treasurer	120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton	officer: Vice President and Secretary	5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr	officer: Executive Officer	5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr	officer: Vice Pres. & Gen. Tax Counsel	C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme	officer: Executive Officer	5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods	officer: Vice President	C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis	director	40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells	officer: Senior Vice President	77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner	director	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala	director	5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298