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Exxon Mobil Corporation

XONA.DE
39
Oil & Gas Integrated · Energy
Exchange
Frankfurt Stock Exchange
Winston Score
39
Winston is serious
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Mar 31, 2026
How the score breaks down
Quality
Mixed
Growth
Weak
Cash Flow
Strong
Stability
Exceptional
Valuation
Strong
Dividends
Mixed

Winston Score History

The full picture

ExxonMobil is one of the largest oil and gas companies in the world. It finds oil and natural gas underground, refines them into fuels like gasoline and diesel, and sells chemical products used in plastics and manufacturing. Its customers include drivers, airlines, factories, and industrial businesses across the globe.

The company makes money by selling fuel at its refineries and gas stations, producing raw oil and gas, and selling chemicals to manufacturers. ExxonMobil operates in dozens of countries, with major production in the United States, Guyana, and the Middle East. Its size gives it a cost advantage over smaller rivals, and its integrated model — doing everything from drilling to selling — helps smooth out swings in profit. The biggest risk the company faces is the long-term global shift away from fossil fuels toward renewable energy, which could reduce demand for its core products over the coming decades.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+2.2% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-43.2% YoY

YoY Growth Rate

Earnings declining

Insider Activity

0.2%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

€54.5B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Exxon Mobil Corporation is growing revenue at 2% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Profit per sale
Gross Margin
16.6%
Thin — 16.6% gross margin
Profit after running costs
Operating Margin
11.0%
Modest — 11.0% operating margin
Return on the money invested
ROCE
12.6%
Good — 12.6% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
-0.2%
Shrinking sales (-0.2% YoY)
Profit growth
EPS YoY
-14.8%
Earnings shrinking (-14.8% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
1/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
174%
Turns 174% of profit into real cash
Spare cash per sale
FCF Margin
5.5%
Thin free cash flow (5.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
0.19
Conservative — low debt load (0.19)
Covers its interest
Interest Cover
40.60x
Comfortably covers interest (40.6x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
21.3x
no trend
Growth-priced — P/E 21.3

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+6.9
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (21.3 → 14.4)

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Dividends

Dividend
Dividend Yield
2.60%
no trend
Moderate income — 2.60% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
-4.2%
no trend
Dividend cut (-4.2% YoY) — warning sign

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