Exxon Mobil Corporation — Earnings Quality Grade F
XOM · Energy
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 40 days, change +2 days YoY
AR outpaced revenue for 2 consecutive years
Revenue -4.5%, CFFO -5.5%. Cash follows revenue
Expense Quality
Inventory growth 11.8% exceeds COGS -3.7%
CapEx growth 16.7% vs revenue -4.5%. Normal
SG&A/Gross Profit = 15.6%, excellent (<30%)
Gross margin 22.0%, change -0.6pp. Stable
Cash Flow Quality
CFFO/NI = 1.80. Profits backed by cash
FCF $23.6B, FCF/NI = 0.82
Accruals ratio = -5.2%. Low accruals
Cash $10.7B covers only 25% of debt $43.5B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 0.6x. Healthy
Other assets 4.7% vs revenue -4.5%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = -2.71 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-08