Exxon Financials

XOM Stock  USD 112.30  1.03  0.93%   
Based on the analysis of Exxon's profitability, liquidity, and operating efficiency, Exxon Mobil Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Exxon's Inventory is very stable compared to the past year. As of the 19th of March 2024, Other Current Assets is likely to grow to about 2.9 B, while Other Current Liabilities is likely to drop about 22.8 B. Key indicators impacting Exxon's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.240.202
Fairly Up
Slightly volatile
Current Ratio0.821.4791
Way Down
Slightly volatile
The financial analysis of Exxon is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Exxon includes many different criteria found on its balance sheet. For example, investors should never minimize Exxon's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Exxon's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Exxon.

Cash And Equivalents

35.79 Billion

With this module, you can analyze Exxon financials for your investing period. You should be able to track the changes in Exxon individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Exxon Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Exxon's financial statements are interrelated, with each one affecting the others. For example, an increase in Exxon's assets may result in an increase in income on the income statement.
Evaluating Exxon's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Exxon's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Exxon's relative financial performance

Chance Of Distress

Less than 8

 
100  
 
Zero
Low
Exxon Mobil Corp has less than 8 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Exxon stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Exxon's odds of distress score SHOULD NOT be confused with the real chance of Exxon Mobil Corp filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Exxon is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Exxon's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Exxon's official financial statements usually reflect Exxon's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Exxon Mobil Corp. For example, before you start analyzing numbers published by Exxon accountants, it's critical to develop an understanding of what Exxon's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Exxon's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Exxon's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Exxon's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Exxon Mobil Corp. Please utilize our Beneish M Score to check the likelihood of Exxon's management manipulating its earnings.

Exxon Company Summary

Exxon competes with Topbuild Corp, Primoris Services, Jeld Wen, Griffon, and Avient Corp. Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. The company was founded in 1870 and is headquartered in Irving, Texas. Exxon operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 63000 people.
Foreign Associates
Specialization
Energy, Oil & Gas Integrated
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000034088
ISINUS30231G1022
CUSIP30231G102 302290101
RegionNorth America
LocationTexas; U.S.A
Business Address22777 Springwoods Village
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitecorporate.exxonmobil.com
Phone972 940 6000
CurrencyUSD - US Dollar
You should never invest in Exxon without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Exxon Stock, because this is throwing your money away. Analyzing the key information contained in Exxon's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Exxon Key Financial Ratios

Generally speaking, Exxon's financial ratios allow both analysts and investors to convert raw data from Exxon's financial statements into concise, actionable information that can be used to evaluate the performance of Exxon over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Exxon Mobil Corp reports annually and quarterly.

Exxon Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets362.6B332.8B338.9B369.1B376.3B227.7B
Other Current Liab18.7B18.4B25.7B63.2B25.2B22.8B
Net Debt43.8B63.3B40.9B11.6B16.1B12.3B
Retained Earnings421.3B383.9B392.1B432.9B453.9B476.6B
Cash3.1B4.4B6.8B29.6B31.6B33.1B
Net Receivables27.0B20.6B32.4B41.7B38.0B22.9B
Inventory18.5B18.9B18.8B24.4B25.1B26.4B
Other Current Assets1.5B1.1B1.2B1.8B1.9B2.9B
Total Liab163.7B168.6B163.2B166.6B163.8B110.6B
Total Current Assets50.1B44.9B59.2B97.6B96.6B101.4B
Short Term Debt20.6B20.5B4.3B634M5.7B7.5B
Accounts Payable24.7B17.5B26.6B63.2B31.2B24.8B
Common Stock15.6B15.7B15.7B15.8B17.8B18.7B
Other Liab68.7B60.9B59.2B52.8B60.7B48.6B
Other Assets23.4B43.5B20.3B17.0B19.5B14.6B
Long Term Debt24.7B45.5B41.7B40.6B33.6B17.8B
Treasury Stock(225.6B)(225.8B)(225.8B)(225.5B)(202.9B)(213.1B)
Intangible Assets16.4B16.8B18.0B17.0B19.5B11.0B
Net Tangible Assets191.7B157.2B160.6B195.0B224.3B189.3B
Long Term Debt Total26.3B47.2B43.4B40.6B37.5B26.5B

Exxon Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Exxon's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense830M1.2B947M798M2.0B1.9B
Total Revenue259.5B179.8B279.0B402.2B333.7B256.0B
Gross Profit81.1B57.2B90.0B133.7B82.3B95.6B
Operating Income15.5B(4.0B)26.8B71.6B43.4B25.8B
Ebit15.5B(4.0B)26.8B71.6B43.4B25.8B
Ebitda34.4B17.0B46.2B91.1B64.0B38.0B
Cost Of Revenue178.4B122.6B188.9B268.5B251.4B160.4B
Income Before Tax20.1B(28.9B)31.2B77.8B52.8B32.1B
Net Income14.3B(22.4B)23.0B55.7B36.0B20.1B
Income Tax Expense5.3B5.6B7.6B20.2B15.4B12.2B
Research Development1.2B1.0B843M824M879M978.8M
Extraordinary Items740M25M53M(30M)(27M)(25.7M)
Minority Interest434M(811M)(558M)1.8B(1.3B)(1.3B)
Non Recurring1.3B1.3B1.1B1.0B922.5M1.3B
Tax Provision5.3B(5.6B)7.6B20.2B15.4B16.2B
Interest Income4.6B574M5.7B10.7B12.3B6.1B
Net Interest Income(830M)(1.2B)(947M)(798M)(849M)(891.5M)

Exxon Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Exxon Mobil Corp. It measures of how well Exxon is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Exxon brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Exxon had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Exxon has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory72M(315M)(489M)(6.9B)(3.5B)(3.3B)
Change In Cash47M1.3B2.4B22.9B1.9B2.0B
Free Cash Flow5.4B(2.6B)36.1B58.4B33.5B17.0B
Depreciation19.0B46.0B19.4B24.0B20.6B13.6B
Other Non Cash Items15.0B48.4B20.1B15.7B45.6B47.8B
Dividends Paid14.7B14.9B14.9B14.9B(14.9B)(14.2B)
Capital Expenditures24.4B17.3B12.1B18.4B21.9B17.4B
Net Income14.8B(23.3B)23.6B57.6B36.0B21.9B
End Period Cash Flow3.1B4.4B6.8B29.7B31.6B33.1B
Investments(2.4B)(2.2B)(1.3B)(1.6B)(19.3B)(18.3B)
Change Receivables(2.6B)5.4B(12.1B)(11.0B)(9.9B)(9.4B)
Net Borrowings8.7B20.1B(19.7B)(7.2B)(6.5B)(6.2B)
Change To Netincome(3.6B)(7.9B)(1.6B)278M250.2M262.7M

Exxon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Exxon's current stock value. Our valuation model uses many indicators to compare Exxon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Exxon competition to find correlations between indicators driving Exxon's intrinsic value. More Info.
Exxon Mobil Corp is rated first in cash and equivalents category among related companies. It is rated first in price to book category among related companies . The ratio of Cash And Equivalents to Price To Book for Exxon Mobil Corp is about  13,748,956,304 . At this time, Exxon's Cash And Equivalents is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Exxon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Exxon's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Exxon's earnings, one of the primary drivers of an investment's value.

Exxon Mobil Corp Systematic Risk

Exxon's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Exxon volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Exxon Mobil Corp correlated with the market. If Beta is less than 0 Exxon generally moves in the opposite direction as compared to the market. If Exxon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Exxon Mobil Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Exxon is generally in the same direction as the market. If Beta > 1 Exxon moves generally in the same direction as, but more than the movement of the benchmark.

About Exxon Financials

What exactly are Exxon Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Exxon's income statement, its balance sheet, and the statement of cash flows. Potential Exxon investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Exxon investors may use each financial statement separately, they are all related. The changes in Exxon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Exxon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Exxon Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Exxon is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Exxon has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Exxon's financials are consistent with your investment objective using the following steps:
  • Review Exxon's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Exxon's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Exxon's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Exxon's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Exxon Thematic Clasifications

Exxon Mobil Corp is part of several thematic ideas from Dividend Beast to Impulse. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Exxon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Exxon's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Exxon growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At this time, Exxon's Price Earnings To Growth Ratio is very stable compared to the past year.

Exxon March 19, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Exxon help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Exxon Mobil Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Exxon Mobil Corp based on widely used predictive technical indicators. In general, we focus on analyzing Exxon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Exxon's daily price indicators and compare them against related drivers.
When determining whether Exxon Mobil Corp is a strong investment it is important to analyze Exxon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exxon's future performance. For an informed investment choice regarding Exxon Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Exxon's price analysis, check to measure Exxon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon is operating at the current time. Most of Exxon's value examination focuses on studying past and present price action to predict the probability of Exxon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon's price. Additionally, you may evaluate how the addition of Exxon to your portfolios can decrease your overall portfolio volatility.
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Is Exxon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Exxon. If investors know Exxon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Exxon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
3.68
Earnings Share
8.89
Revenue Per Share
83.488
Quarterly Revenue Growth
(0.12)
The market value of Exxon Mobil Corp is measured differently than its book value, which is the value of Exxon that is recorded on the company's balance sheet. Investors also form their own opinion of Exxon's value that differs from its market value or its book value, called intrinsic value, which is Exxon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Exxon's market value can be influenced by many factors that don't directly affect Exxon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.