Exxon Historical Income Statement
XOM Stock | USD 113.12 0.45 0.40% |
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.
Exxon |
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
Add Fundamental
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 5th of June 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
Click cells to compare fundamentals
Exxon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 13.3B | |
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 | |
Selling And Marketing Expenses | 804M | 343M | 543M | 555M | 1.6B | 964.9M | |
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 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Exxon Mobil Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Additional Information and Resources on Investing in Exxon Stock
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Oil, Gas & Consumable Fuels space 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 (0.26) | Dividend Share 3.72 | Earnings Share 8.16 | Revenue Per Share 83.296 | Quarterly Revenue Growth (0.04) |
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.