---
title: ExxonMobil (XOM) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/xom
ticker: XOM
as_of: 2026-10-17
sector: Energy
industry: Oil & Gas Integrated
---
# ExxonMobil (XOM)

ExxonMobil (XOM) closed at $178.98 on Oct 16, 2026, overvalued by 13% vs its model value of $159.07 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $178.98 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $159.07 |
| Price vs model | overvalued by 13% vs model |
| Range of that model | $94.61 – $385.71 |
| Market value | $736.0B |
| P/E (fiscal 2025) | 26.7 |
| Net margin (fiscal 2025) | 8.9% |
| Free cash flow (fiscal 2025) | $23.6B |
| Dividend yield (trailing twelve months) | 2.30% |
| Beta | 0.17 |
| Cost of capital (WACC) | 6.76% |
| Business classification | Cyclical (Revenue declining (~-2% recent), Moderate margins (9% net margin), Pays dividends, Highly cyclical earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Largest companies | #17 | $736.0B | https://sweetvaluelab.com/lists/largest-companies |
| Near 52-week highs | #6 | 0.0% | https://sweetvaluelab.com/lists/near-52-week-highs |
| Best performing this year | #48 | +48.7% | https://sweetvaluelab.com/lists/best-performing-this-year |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 2.30% |
| Dividends per share, last 12 months | $4.12 |
| Dividends / free cash flow (fiscal 2025) | 73.0% |
| Raised | 24 years in a row |
| Growth over 5 years | 3.4% a year |
| Latest payment | $1.03, ex-date Aug 17, 2026, paid Sep 10, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 12, 2021 | $3.48 |
| To Aug 11, 2022 | $3.52 |
| To Aug 15, 2023 | $3.64 |
| To Aug 15, 2024 | $3.80 |
| To Aug 15, 2025 | $3.96 |
| Trailing twelve months (to Aug 17, 2026) | $4.12 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $159.07 | $94.61 | $385.71 |
| DCF · Perpetuity growth · 10y | cross check | $139.20 | $87.47 | $322.08 |
| DCF · EBITDA exit · 5y | cross check | $90.78 | $38.26 | $153.43 |
| DCF · EBITDA exit · 10y | cross check | $94.14 | $52.79 | $151.14 |
| P/E · peers | cross check | $130.18 | $117.54 | $195.43 |
| P/E · own history | cross check | $132.63 | $114.12 | $166.06 |
| PEG | sanity check | $179.79 | $179.79 | $179.79 |
| EV/EBITDA · peers | cross check | $122.05 | $114.66 | $151.75 |
| EV/Revenue · peers | cross check | $116.62 | $102.76 | $132.46 |
| Earnings power value | cross check | $41.97 | $32.96 | $56.12 |
| Dividend discount | cross check | $86.06 | $57.06 | $171.44 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 16, 2026 | 8-K | 7.01 Regulation FD Disclosure | https://www.sec.gov/Archives/edgar/data/2115436/000211543626000013/xom-20261016.htm |
| Oct 16, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/2115436/000119312526423603/d180710ddefa14a.htm |
| Sep 25, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/2115436/000119312526402986/d15072d8k.htm |
| Aug 28, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/2115436/000119312526373026/d82162d8k.htm |
| Aug 3, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/2115436/000003408826000093/xom-20260630.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| First Eagle | 2026-06-30 | 6,057,069 | $828.1M |
| Richard Pzena | 2026-06-30 | 589,449 | $80.6M |
| Bridgewater | 2026-06-30 | 216,225 | $29.6M |
| Thomas Russo | 2026-06-30 | 181,200 | $24.8M |

11 tracked managers in all.

## About

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 a…

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Source: https://sweetvaluelab.com/stocks/xom (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.