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X‐ray photoelectron spectroscopy analysis was applied to investigate the thermal stability under ultra‐high vacuum environment of the surface oxide film formed by electrochemical passivation of a newly designed Cr₁₅Fe₁₀Co₅Ni₆₀Mo₁₀ (at.%) multi‐principal element alloy and providing the alloy superior localized corrosion resistance compared to conventional stainless steels and alloys. A spectral decomposition methodology involving the subtraction of Auger peaks overlapping the Fe 2p and Co 2p core level regions was applied for quantification of the oxide film composition and thickness. The results show that, at 100°C, the passive oxide film is mainly dehydrated and dehydroxylated. Obvious loss of Ni hydroxide and conversion of Mo (VI) to Mo (IV) species are observed at 200°C, with further reduction of Mo species to Mo (III) observed at 300°C. In this temperature range, the total cation quantity in the oxide …