In the latest fiscal period Q1'26 , the ROS for XOM dropped to 8.19% , representing the lowest margin recorded in the analyzed timeframe. This follows a notable decline from the 9.82% reported in Q4'25 , continuing a downward trend observed over the recent quarters. From Q2'23 to Q1'26 , the ROS exhibited significant volatility with an overall declining trajectory. After reaching a peak of 14.98% in Q3'23 , the margin fluctuated before entering a more consistent period of contraction starting from Q1'25 . The data reveals a clear compression in profitability margins, with the ROS decreasing from the 14% range maintained throughout much of FY2023 and FY2024 to sub-10% levels by the end of the series.