Exxon Historical Income Statement
XOM Stock | USD 120.56 0.68 0.57% |
Historical analysis of Exxon income statement accounts such as Depreciation And Amortization of 12.2 B, Interest Expense of 1.9 B, Total Revenue of 256 B or Gross Profit of 95.6 B can show how well Exxon Mobil Corp performed in making a profits. Evaluating Exxon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Exxon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Exxon Mobil Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Exxon Mobil Corp is a good buy for the upcoming year.
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About Exxon Income Statement Analysis
Exxon Mobil Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Exxon shareholders. The income statement also shows Exxon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Exxon Income Statement Chart
Exxon Mobil Corp Income Statement is one of the three primary financial statements used for reporting Exxon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Exxon Mobil Corp revenue and expense. Exxon Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Exxon's Non Operating Income Net Other is very stable compared to the past year. As of the 23rd of April 2024, Tax Provision is likely to grow to about 16.2 B, while Interest Expense is likely to drop about 1.9 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Exxon Mobil Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Exxon Mobil Corp minus its cost of goods sold. It is profit before Exxon operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Exxon Mobil Corp. It is also known as Exxon overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Exxon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Exxon Mobil Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At this time, Exxon's Non Operating Income Net Other is very stable compared to the past year. As of the 23rd of April 2024, Tax Provision is likely to grow to about 16.2 B, while Interest Expense is likely to drop about 1.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 947M | 798M | 2.0B | 1.9B | Depreciation And Amortization | 19.4B | 19.5B | 20.6B | 12.2B |
Exxon income statement Correlations
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Exxon income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 18.9B | 21.0B | 19.4B | 19.5B | 20.6B | 12.2B | |
Interest Expense | 830M | 1.2B | 947M | 798M | 2.0B | 1.9B | |
Total Revenue | 259.5B | 179.8B | 279.0B | 402.2B | 333.7B | 256.0B | |
Gross Profit | 81.1B | 57.2B | 90.0B | 133.7B | 82.3B | 95.6B | |
Other Operating Expenses | 238.6B | 207.5B | 246.8B | 323.7B | 290.3B | 218.7B | |
Operating Income | 15.5B | (4.0B) | 26.8B | 71.6B | 43.4B | 25.8B | |
Ebit | 15.5B | (4.0B) | 26.8B | 71.6B | 43.4B | 25.8B | |
Ebitda | 34.4B | 17.0B | 46.2B | 91.1B | 64.0B | 38.0B | |
Cost Of Revenue | 178.4B | 122.6B | 188.9B | 268.5B | 251.4B | 160.4B | |
Total Operating Expenses | 60.2B | 84.9B | 57.9B | 55.2B | 38.9B | 58.3B | |
Income Before Tax | 20.1B | (28.9B) | 31.2B | 77.8B | 52.8B | 32.1B | |
Total Other Income Expense Net | 4.5B | (24.9B) | 4.5B | 6.2B | 9.4B | 6.3B | |
Net Income | 14.3B | (22.4B) | 23.0B | 55.7B | 36.0B | 20.1B | |
Income Tax Expense | 5.3B | 5.6B | 7.6B | 20.2B | 15.4B | 12.2B | |
Selling General Administrative | 12.6B | 11.4B | 10.4B | 10.6B | 10.6B | 13.2B | |
Research Development | 1.2B | 1.0B | 843M | 824M | 879M | 978.8M | |
Extraordinary Items | 740M | 25M | 53M | (30M) | (27M) | (25.7M) | |
Net Income Applicable To Common Shares | 14.3B | (22.4B) | 23.0B | 55.7B | 50.2B | 52.7B | |
Minority Interest | 434M | (811M) | (558M) | 1.8B | (1.3B) | (1.3B) | |
Net Income From Continuing Ops | 14.8B | (23.3B) | 23.6B | 57.6B | 37.4B | 20.8B | |
Non Recurring | 1.3B | 1.3B | 1.1B | 1.0B | 922.5M | 1.3B | |
Tax Provision | 5.3B | (5.6B) | 7.6B | 20.2B | 15.4B | 16.2B | |
Interest Income | 4.6B | 574M | 5.7B | 10.7B | 12.3B | 6.1B | |
Net Interest Income | (830M) | (1.2B) | (947M) | (798M) | (849M) | (891.5M) | |
Reconciled Depreciation | 19.0B | 46.0B | 20.6B | 24.0B | 20.6B | 26.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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.