Steve
Exxon Mobil reported Friday that it beat its own record for the highest profits ever recorded by any company, with net income rising 3 percent to $40.6 billion, thanks to surging
oil prices. The company’s sales, more than $404 billion, exceeded the gross domestic product of 120 countries.
40 billion in income with 400 billion in sales is a profit of 10% on sales.
Not an excessive "percentage", but its a $hitload of dollars.