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ExxonMobil vs. Google: Profits and Perceptions Explained

• freedude 3y ago
  " ExxonMobil reported $9.1 billion GAAP earnings with an 11.9% net margin, while Google reported $19.7 billion with a 22.5% net margin. ExxonMobil's income tax was $20.2 billion in 2022, higher than Google's $11.4 billion, despite Google earning more. Public perception is more critical of ExxonMobil's profits compared to Google's, despite lower profit margins and higher tax rates. "