Why Is ExxonMobil Priced Above Peers With Fatter Margins?
News Source : Trefis
News Summary
- ExxonMobil (XOM) carries the highest earnings multiple in its peer group at 20.5 times.
- ExxonMobil turned $361.06 billion of trailing-twelve-month revenue into a 10.7% operating margin.
- ConocoPhillips grew revenue 9.6% over those twelve months, the same rate ExxonMobil managed, and earned a 21.9%.
- Its stock returned 49.9% over the same period, narrowly behind ExxonMobil’s 51.3%.
Image from Pixabay ExxonMobil (XOM) carries the highest earnings multiple in its peer group at 20.5 times, and it is not the best business in that group.
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