Exxon Mobil Corp (XOM) — Tangible Net Worth Ratio

Latest as of December 2025: 92.2%

Exxon Mobil Corp (XOM) has a Tangible Net Worth Ratio of 92.2% as of December 2025. This metric is calculated by deducting intangible assets ($20.91 Billion) from net assets ($266.63 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See XOM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.2%
Tangible equity / total equity

Net Assets (Equity)

$266.63 Billion
USD

Intangible Assets

$20.91 Billion
Goodwill, patents, brand value

Total Assets

$448.98 Billion
USD

Exxon Mobil Corp Tangible Net Worth Ratio (1985–2025)

This chart shows how Exxon Mobil Corp's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 92.2%, reflecting net assets of $266.63 Billion with intangible assets of $20.91 Billion USD. See XOM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Exxon Mobil Corp (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Exxon Mobil Corp from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Exxon Mobil Corp.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 92.2% $266.63 Billion $20.91 Billion $448.98 Billion ▼ -0.5 pp
2024 92.6% $270.61 Billion $19.97 Billion $453.48 Billion ▼ -7.4 pp
2023 100.0% $212.54 Billion $0.00 $376.32 Billion ▲ +8.4 pp
2022 91.6% $202.47 Billion $16.95 Billion $369.07 Billion ▲ +1.9 pp
2021 89.7% $175.68 Billion $18.02 Billion $338.92 Billion ▼ 0.0 pp
2020 89.8% $164.13 Billion $16.79 Billion $332.75 Billion ▼ -2.0 pp
2019 91.8% $198.94 Billion $16.36 Billion $362.60 Billion ▼ -3.0 pp
2018 94.8% $198.53 Billion $10.33 Billion $346.20 Billion ▼ -0.2 pp
2017 95.0% $194.50 Billion $9.77 Billion $348.69 Billion ▲ +0.5 pp
2016 94.5% $173.83 Billion $9.57 Billion $330.31 Billion ▼ -0.8 pp
2015 95.3% $176.81 Billion $8.29 Billion $336.76 Billion ▲ +0.1 pp
2014 95.2% $181.06 Billion $8.68 Billion $349.49 Billion ▼ -0.6 pp
2013 95.8% $180.50 Billion $7.52 Billion $346.81 Billion ▲ +0.3 pp
2012 95.5% $171.66 Billion $7.67 Billion $333.80 Billion ▲ +1.2 pp
2011 94.3% $160.74 Billion $9.09 Billion $331.05 Billion ▲ +0.0 pp
2010 94.3% $152.68 Billion $8.64 Billion $302.51 Billion ▲ +18.3 pp
2009 76.0% $115.39 Billion $27.64 Billion $233.32 Billion ▼ -2.9 pp
2008 79.0% $117.52 Billion $24.70 Billion $228.05 Billion ▼ -15.4 pp
2007 94.4% $126.04 Billion $7.06 Billion $242.08 Billion ▼ -0.1 pp
2006 94.5% $113.84 Billion $6.31 Billion $219.01 Billion ▲ +1.1 pp
2005 93.4% $111.19 Billion $7.39 Billion $208.34 Billion ▲ +0.8 pp
2004 92.6% $105.71 Billion $7.84 Billion $195.26 Billion ▼ -7.4 pp
2003 100.0% $93.30 Billion $0.00 $174.28 Billion ▲ +0.0 pp
2002 100.0% $77.36 Billion $0.00 $152.64 Billion ▲ +0.0 pp
2001 100.0% $73.16 Billion $0.00 $143.17 Billion ▲ +0.0 pp
2000 100.0% $73.99 Billion $0.00 $149.00 Billion ▲ +0.0 pp
1999 100.0% $67.15 Billion $0.00 $144.52 Billion ▲ +0.0 pp
1998 100.0% $19.04 Billion $0.00 $92.63 Billion ▲ +0.0 pp
1997 100.0% $46.03 Billion $0.00 $96.06 Billion ▲ +0.0 pp
1996 100.0% $45.46 Billion $0.00 $95.53 Billion ▲ +0.0 pp
1995 100.0% $42.61 Billion $0.00 $91.30 Billion ▲ +0.0 pp
1994 100.0% $39.58 Billion $0.00 $87.86 Billion ▲ +0.0 pp
1993 100.0% $37.19 Billion $0.00 $84.14 Billion ▲ +0.0 pp
1992 100.0% $36.75 Billion $0.00 $85.03 Billion ▲ +0.0 pp
1991 100.0% $37.89 Billion $0.00 $87.56 Billion ▲ +0.0 pp
1990 100.0% $36.01 Billion $0.00 $87.71 Billion ▲ +0.0 pp
1989 100.0% $33.11 Billion $0.00 $83.22 Billion ▲ +0.0 pp
1988 100.0% $31.77 Billion $0.00 $74.29 Billion ▲ +0.0 pp
1987 100.0% $33.63 Billion $0.00 $74.04 Billion ▲ +0.0 pp
1986 100.0% $32.01 Billion $0.00 $69.48 Billion ▲ +0.0 pp
1985 100.0% $29.10 Billion $0.00 $69.16 Billion
pp = percentage points