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Exxon Mobil Corporation (XOM) FCF Payout Ratio: 94.03%

Is Exxon Mobil Corporation’s FCF payout ratio high or low?

Exxon Mobil Corporation's FCF payout ratio of 94.03% is 97% above its 5-year average of 47.80%, near the high end of its 5-year range (25.58%–72.98%).

The FCF payout ratio for Exxon Mobil Corporation (XOM) is 94.03%. It is above its 12-month average by 47.66% (63.68%).

XOM FCF Payout Ratio Chart

XOM FCF Payout Ratio
72.98%+34.19% 1Y
Zoom

XOM Average FCF Payout Ratio Chart

XOM Current vs Average FCF Payout Ratio Chart

XOM FCF Payout Ratio Metrics

FCF PAYOUT RATIO

94.03%

FCF PAYOUT RATIO AVG TTM

63.68%

FCF PAYOUT RATIO AVG 3Y

49.40%

FCF PAYOUT RATIO AVG 5Y

47.80%

FCF PAYOUT RATIO AVG 10Y

120.93%

FCF PAYOUT RATIO AVG 15Y

101.58%

FCF PAYOUT RATIO AVG 20Y

87.18%

CURRENT VS TTM AVG

+47.66%

CURRENT VS 3Y AVG

+90.34%

CURRENT VS 5Y AVG

+96.71%

CURRENT VS 10Y AVG

-22.24%

CURRENT VS 15Y AVG

-7.43%

CURRENT VS 20Y AVG

+7.85%

Payout Ratio Comparison

FCF Payout Ratio

94.0%

Earnings Payout Ratio

61.3%

Dividend Yield

2.74%

FCF Yield

3.02%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$23.61B$17.23B73.0%
2024$30.72B$16.70B54.4%
2023$33.45B$14.94B44.7%
2022$58.39B$14.94B25.6%
2021$36.05B$14.92B41.4%
2020($2.61B)$14.87BN/A (Loss)
2019$5.36B$14.65B273.6%
2018$16.44B$13.80B83.9%
2017$14.66B$13.00B88.7%
2016$5.92B$12.45B210.4%
2015$3.85B$12.09B313.7%
2014$12.16B$11.57B95.1%
2013$11.24B$10.88B96.7%
2012$21.90B$10.09B46.1%
2011$24.37B$9.02B37.0%
2010$21.54B$8.50B39.4%
2009$5.95B$8.02B134.9%
2008$40.41B$8.06B19.9%
2007$36.62B$7.62B20.8%
2006$33.82B$7.63B22.6%
2005$34.30B$7.48B21.8%
2004$28.57B$7.11B24.9%
2003$15.64B$6.95B44.4%
2002$9.83B$6.39B65.0%
2001$12.90B$6.45B50.0%
2000$14.49B$6.37B44.0%
1999$4.16B$6.09B146.3%
1998$2.70B$6.23B231.0%
1997$7.28B$6.18B84.8%
1996$5.95B$4.19B70.4%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

Exxon Mobil Corporation FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Exxon Mobil Corporation FCF Payout Ratio FAQ

What is the FCF payout ratio for Exxon Mobil Corporation (XOM)?
The FCF payout ratio for XOM stock is 94.03%.
Is Exxon Mobil Corporation's FCF payout ratio high or low?
Exxon Mobil Corporation's FCF payout ratio of 94.03% is 97% above its 5-year average of 47.80%, near the high end of its 5-year range (25.58%–72.98%).
What is the TTM average FCF payout ratio for Exxon Mobil Corporation (XOM)?
The TTM average FCF payout ratio for XOM stock is 63.68%.
What is the 3Y average FCF payout ratio for Exxon Mobil Corporation (XOM)?
The 3Y average FCF payout ratio for XOM stock is 49.40%.
What is the 5Y average FCF payout ratio for Exxon Mobil Corporation (XOM)?
The 5Y average FCF payout ratio for XOM stock is 47.80%.
What is the 10Y average FCF payout ratio for Exxon Mobil Corporation (XOM)?
The 10Y average FCF payout ratio for XOM stock is 120.93%.
What is the 15Y average FCF payout ratio for Exxon Mobil Corporation (XOM)?
The 15Y average FCF payout ratio for XOM stock is 101.58%.
What is the 20Y average FCF payout ratio for Exxon Mobil Corporation (XOM)?
The 20Y average FCF payout ratio for XOM stock is 87.18%.

Exxon Mobil Corporation FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3172.98%
2024-12-3154.38%
2023-12-3144.67%
2022-12-3125.58%
2021-12-3141.39%
2019-12-31273.61%
2018-12-3183.93%
2017-12-3188.66%
2016-12-31210.39%
2015-12-31313.70%
2014-12-3195.10%
2013-12-3196.71%
2012-12-3146.08%
2011-12-3137.01%
2010-12-3139.45%
2009-12-31134.91%
2008-12-3119.94%
2007-12-3120.81%
2006-12-3122.55%
2005-12-3121.80%
2004-12-3124.89%
2003-12-3144.41%
2002-12-3164.96%
2001-12-3149.98%
2000-12-3143.99%
1999-12-31146.28%
1998-12-31231.00%
1997-12-3184.81%
1996-12-3170.44%

About Exxon Mobil Corporation

Exxon Mobil Corporation is a global energy firm that undertakes the exploration and extraction of oil and natural gas resources across its domestic operations and international territories. The company organizes its vast activities into three primary divisions: Upstream, Downstream, and Chemical. Beyond resource acquisition, Exxon Mobil is deeply engaged in the manufacturing, commercial trading, logistical transportation, and marketing of crude oil, natural gas, refined petroleum goods, a wide array of petrochemicals (including olefins, polyolefins, and aromatics), and other specialized chemical products. Furthermore, the company is actively developing solutions in carbon capture and storage, hydrogen, and biofuels. As of December 31, 2021, the corporation maintained approximately 20,528 net operational wells with verified reserves. Founded in 1870, Exxon Mobil's corporate headquarters are located in Irving, Texas.

Spring, TX
61,000 employees
Energy / Oil & Gas Integrated
Sector
Energy
Industry
Oil & Gas Integrated
CEO
Darren W. Woods