Exxon Mobil Corp (XOM) — Capital Reinvestment Ratio
Exxon Mobil Corp (XOM) has a Capital Reinvestment Ratio of 0.59x as of December 2025, meaning it reinvests 1% of its operating cash flow ($12.68 Billion) in capital expenditures ($7.45 Billion). Check tangible net worth ratio of Exxon Mobil Corp to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Exxon Mobil Corp Capital Reinvestment Ratio (1989–2025)
This chart tracks Exxon Mobil Corp's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Exxon Mobil Corp cash flow conversion.
Annual Capital Reinvestment Ratio for Exxon Mobil Corp (1989–2025)
Year-by-year Capital Reinvestment Ratio for Exxon Mobil Corp from 1989 to 2025. See Exxon Mobil Corp free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.55x | $51.97 Billion | $28.36 Billion | ▲ +23.5% |
| 2024 | 0.44x | $55.02 Billion | $24.31 Billion | ▲ +11.6% |
| 2023 | 0.40x | $55.37 Billion | $21.92 Billion | ▲ +65.2% |
| 2022 | 0.24x | $76.80 Billion | $18.41 Billion | ▼ -4.5% |
| 2021 | 0.25x | $48.13 Billion | $12.08 Billion | ▼ -78.7% |
| 2020 | 1.18x | $14.67 Billion | $17.28 Billion | ▲ +43.7% |
| 2019 | 0.82x | $29.72 Billion | $24.36 Billion | ▲ +50.8% |
| 2018 | 0.54x | $36.01 Billion | $19.57 Billion | ▲ +6.1% |
| 2017 | 0.51x | $30.07 Billion | $15.40 Billion | ▼ -30.0% |
| 2016 | 0.73x | $22.08 Billion | $16.16 Billion | ▼ -16.2% |
| 2015 | 0.87x | $30.34 Billion | $26.49 Billion | ▲ +19.5% |
| 2014 | 0.73x | $45.12 Billion | $32.95 Billion | ▼ -2.6% |
| 2013 | 0.75x | $44.91 Billion | $33.67 Billion | ▲ +22.9% |
| 2012 | 0.61x | $56.17 Billion | $34.27 Billion | ▲ +9.0% |
| 2011 | 0.56x | $55.34 Billion | $30.98 Billion | ▲ +0.8% |
| 2010 | 0.56x | $48.41 Billion | $26.87 Billion | ▼ -29.8% |
| 2009 | 0.79x | $28.44 Billion | $22.49 Billion | ▲ +144.5% |
| 2008 | 0.32x | $59.73 Billion | $19.32 Billion | ▲ +9.3% |
| 2007 | 0.30x | $52.00 Billion | $15.39 Billion | ▼ -5.7% |
| 2006 | 0.31x | $49.29 Billion | $15.46 Billion | ▲ +9.1% |
| 2005 | 0.29x | $48.14 Billion | $13.84 Billion | ▼ -2.7% |
| 2004 | 0.30x | $40.55 Billion | $11.99 Billion | ▼ -34.5% |
| 2003 | 0.45x | $28.50 Billion | $12.86 Billion | ▼ -16.1% |
| 2002 | 0.54x | $21.27 Billion | $11.44 Billion | ▲ +23.2% |
| 2001 | 0.44x | $22.89 Billion | $9.99 Billion | ▲ +18.5% |
| 2000 | 0.37x | $22.94 Billion | $8.45 Billion | ▼ -49.0% |
| 1999 | 0.72x | $15.01 Billion | $10.85 Billion | ▼ -4.4% |
| 1998 | 0.76x | $11.06 Billion | $8.36 Billion | ▲ +50.1% |
| 1997 | 0.50x | $14.68 Billion | $7.39 Billion | ▼ -8.0% |
| 1996 | 0.55x | $13.16 Billion | $7.21 Billion | ▲ +6.4% |
| 1995 | 0.51x | $13.85 Billion | $7.13 Billion | ▼ -23.7% |
| 1994 | 0.67x | $9.85 Billion | $6.64 Billion | ▲ +11.5% |
| 1993 | 0.60x | $11.50 Billion | $6.96 Billion | ▼ -19.6% |
| 1992 | 0.75x | $9.61 Billion | $7.22 Billion | ▲ +12.3% |
| 1991 | 0.67x | $10.94 Billion | $7.32 Billion | ▲ +8.8% |
| 1990 | 0.62x | $10.65 Billion | $6.55 Billion | ▼ -22.9% |
| 1989 | 0.80x | $7.92 Billion | $6.31 Billion | — |