Exxon Gross Margin 2010-2024 | XOM

Exxon gross margin for the quarter ending June 30, 2024 was 24.32%.

  • Exxon average gross margin for 2023 was 26.74%, a 4.7% decline from 2022.
  • Exxon average gross margin for 2022 was 25.54%, a 27% increase from 2021.
  • Exxon average gross margin for 2021 was 20.11%, a 6.68% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Exxon Gross Margin 2010-2024 | XOM

  • Exxon average gross margin for 2023 was 26.74%, a 4.7% decline from 2022.
  • Exxon average gross margin for 2022 was 25.54%, a 27% increase from 2021.
  • Exxon average gross margin for 2021 was 20.11%, a 6.68% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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