XOMNEUTRAL

XOM Debt-to-Equity Ratio Analysis

0.16x

Higher than 11% of Energy sector peers

Updated 197h ago·SEC filings & market data

Key Takeaway

Debt-to-equity ratio shows how much debt a company uses versus its own shareholder equity; at 0.16x, ExxonMobil carries only 16 cents of debt for every dollar of equity.

Sector Performance

11th percentile

XOM

0.16x

Sector Median

0.62x

Sector Avg

0.85x

Prior Period

0.19x(Aug 2026)

↑ Improving

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Deep Analysis

Debt-to-equity ratio shows how much debt a company uses versus its own shareholder equity; at 0.16x, ExxonMobil carries only 16 cents of debt for every dollar of equity.

That is far below the Energy sector median of 0.74x, placing the company at the 10th percentile among peers, meaning it has lower leverage than 90% of the sector. Year-over-year change is not available, but quarter-over-quarter the ratio dropped 15.8% from 0.19x to 0.16x. This combination of a low level and a falling trend points to reduced financial risk, though it also indicates the company is not aggressively using debt to fund expansion. For investors, the conservative balance sheet offers protection during downturns but may limit upside in growth cycles. This metric supports the overall NEUTRAL verdict because the leverage profile is sound but does not provide a clear positive or negative driver for the stock.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about XOM?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does XOM's Debt-to-Equity Ratio compare to its sector?

XOM's Debt-to-Equity Ratio of 0.16x compares to a Energy sector median of 0.62x, placing it in the 11th percentile.

Who are XOM's closest peers by Debt-to-Equity Ratio?

The closest Energy peers by Debt-to-Equity Ratio include: MTDR (0.62x), AR (0.59x), APA (0.68x), SEDG (0.81x), CNQ (0.37x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.