What trends are visible in ExxonMobil's revenue costs since 2022?
3/29/2025 08:31pm
ExxonMobil's revenue costs have shown a general upward trend with some fluctuations. Here are the key trends visible since 2022:
1. **Growth in Revenue**: ExxonMobil's total revenue has experienced a general upward trend, with a few exceptions. The revenue peaked at $115.68 billion in Q2 2022 and saw a slight dip to $83.43 billion in Q4 2024, but the overall trajectory is positive.
2. **Fluctuations in Cost of Goods Sold**: The cost of goods sold has been volatile, with a significant increase from $62.63 billion in Q1 2022 to $76.3 billion in Q2 2022. It then saw a decrease to $71.51 billion in Q3 2022 before dropping to $55.44 billion in Q1 2023. The cost of goods sold has since shown a seasonal pattern with a peak at $61.77 billion in Q3 2023 and a dip to $56.25 billion in Q4 2023. In 2024, it increased to $64 billion in Q1 2024 and decreased to $57.23 billion in Q4 2024.
3. **Seasonal Variations**: The cost of goods sold and revenue show clear seasonal variations, with a peak in the third quarter of each year and a dip in the fourth quarter. This suggests that ExxonMobil's business may be influenced by seasonal factors or market conditions that affect production and sales patterns.
4. **Stability in Profit Margins**: Despite the fluctuations in revenue and cost of goods sold, ExxonMobil has managed to maintain relatively stable profit margins. The last change in the cost of goods sold was a decrease of 0.14% from $64 billion in Q3 2024 to $57.23 billion in Q4 2024.
In conclusion, ExxonMobil has demonstrated a generally increasing trend in revenue with strong performance in the second quarter of 2022. The cost of goods sold has been more volatile, with a peak in the second quarter and a dip in the fourth quarter of each year. The company's ability to maintain profit margins despite these fluctuations indicates a strong financial performance and resilience in the face of market challenges.
|code|Ticker|Name|Date|Cost of Goods Sold|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|XOM|XOM.N|Exxon Mobil|2022 Q1|6.2629E10|9.05E10|169|
|XOM|XOM.N|Exxon Mobil|2022 Q2|7.6299E10|1.15681E11|169|
|XOM|XOM.N|Exxon Mobil|2022 Q3|7.1514E10|1.1207E11|169|
|XOM|XOM.N|Exxon Mobil|2022 Q4|6.1126E10|9.5429E10|169|
|XOM|XOM.N|Exxon Mobil|2023 Q1|5.5439E10|8.6564E10|169|
|XOM|XOM.N|Exxon Mobil|2023 Q2|5.6458E10|8.2914E10|169|
|XOM|XOM.N|Exxon Mobil|2023 Q3|6.1772E10|9.076E10|169|
|XOM|XOM.N|Exxon Mobil|2023 Q4|5.6245E10|8.4344E10|169|
|XOM|XOM.N|Exxon Mobil|2024 Q1|5.6692E10|8.3083E10|169|
|XOM|XOM.N|Exxon Mobil|2024 Q2|6.4003E10|9.306E10|169|