Gross Profit breakdown for ExxonGross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Exxon Gross Profit Assessment
According to company disclosure Exxon Mobil Corporation reported 178.62 B of gross profit. This is 1609.0% higher than that of Basic Materials sector, and 127.18% higher than that of Major Integrated Oil and Gas industry, The Gross Profit for all stocks is 3309.81% lower than the firm.
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Gross Profit ComparisonExxon is rated below average in gross profit category among related companies.
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