Exxon Cost of Revenue vs Operating Income Analysis
XOM Stock | USD 118.69 0.99 0.83% |
Exxon financial indicator trend analysis is much more than just examining Exxon Mobil Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exxon Mobil Corp is a good investment. Please check the relationship between Exxon Cost Of Revenue and its Operating Income accounts. 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.
Cost Of Revenue vs Operating Income
Cost of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exxon Mobil Corp Cost of Revenue account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Exxon's Cost of Revenue and Operating Income is 0.88. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Exxon Mobil Corp, assuming nothing else is changed. The correlation between historical values of Exxon's Cost of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Exxon Mobil Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost of Revenue i.e., Exxon's Cost of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Exxon Mobil Corp income statement and represents the costs associated with goods and services Exxon provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Operating Income
Operating Income is the amount of profit realized from Exxon Mobil Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Exxon Mobil Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Exxon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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. As of the 17th of April 2024, Selling General Administrative is likely to grow to about 13.2 B. Also, Tax Provision is likely to grow to about 16.2 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 fundamental ratios Correlations
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Exxon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Exxon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 362.6B | 332.8B | 338.9B | 369.1B | 376.3B | 227.7B | |
Short Long Term Debt Total | 46.9B | 67.6B | 47.7B | 41.2B | 47.7B | 50.1B | |
Other Current Liab | 18.7B | 18.4B | 25.7B | 63.2B | 25.2B | 22.8B | |
Total Current Liabilities | 64.0B | 56.4B | 56.6B | 69.0B | 65.3B | 45.5B | |
Total Stockholder Equity | 191.7B | 157.2B | 168.6B | 195.0B | 204.8B | 112.7B | |
Property Plant And Equipment Net | 253.0B | 227.6B | 216.6B | 204.7B | 214.9B | 148.8B | |
Net Debt | 43.8B | 63.3B | 40.9B | 11.6B | 16.1B | 12.3B | |
Retained Earnings | 421.3B | 383.9B | 392.1B | 432.9B | 453.9B | 476.6B | |
Cash | 3.1B | 4.4B | 6.8B | 29.6B | 31.6B | 33.1B | |
Non Current Assets Total | 312.5B | 287.9B | 279.8B | 271.4B | 279.7B | 180.0B | |
Non Currrent Assets Other | (25.6B) | (18.2B) | (20.2B) | (22.9B) | 17.1B | 18.0B | |
Cash And Short Term Investments | 3.1B | 4.4B | 6.8B | 29.6B | 31.6B | 33.1B | |
Net Receivables | 27.0B | 20.6B | 32.4B | 41.7B | 38.0B | 22.9B | |
Common Stock Shares Outstanding | 4.3B | 4.3B | 4.3B | 4.2B | 4.1B | 4.2B | |
Liabilities And Stockholders Equity | 362.6B | 332.8B | 338.9B | 369.1B | 376.3B | 227.7B | |
Non Current Liabilities Total | 99.7B | 112.3B | 106.6B | 97.5B | 98.5B | 65.1B | |
Inventory | 18.5B | 18.9B | 18.8B | 24.4B | 25.1B | 26.4B | |
Other Current Assets | 1.5B | 1.1B | 1.2B | 1.8B | 1.9B | 2.9B | |
Other Stockholder Equity | (225.8B) | (225.8B) | (225.5B) | (240.3B) | (254.9B) | (242.2B) | |
Total Liab | 163.7B | 168.6B | 163.2B | 166.6B | 163.8B | 110.6B | |
Total Current Assets | 50.1B | 44.9B | 59.2B | 97.6B | 96.6B | 101.4B | |
Short Term Debt | 20.6B | 20.5B | 4.3B | 634M | 5.7B | 7.5B | |
Accounts Payable | 24.7B | 17.5B | 26.6B | 63.2B | 31.2B | 24.8B | |
Property Plant And Equipment Gross | 253.0B | 227.6B | 216.6B | 204.7B | 214.9B | 174.6B | |
Accumulated Other Comprehensive Income | (19.5B) | (16.7B) | (13.8B) | (13.3B) | (12.0B) | (12.6B) | |
Common Stock | 15.6B | 15.7B | 15.7B | 15.8B | 17.8B | 18.7B | |
Common Stock Total Equity | 15.6B | 15.7B | 15.7B | 15.8B | 14.2B | 14.4B | |
Other Liab | 68.7B | 60.9B | 59.2B | 52.8B | 60.7B | 48.6B | |
Other Assets | 23.4B | 43.5B | 20.3B | 17.0B | 19.5B | 14.6B | |
Long Term Debt | 24.7B | 45.5B | 41.7B | 40.6B | 33.6B | 17.8B | |
Treasury Stock | (225.6B) | (225.8B) | (225.8B) | (225.5B) | (202.9B) | (213.1B) | |
Property Plant Equipment | 253.0B | 227.6B | 216.6B | 204.7B | 235.4B | 197.3B | |
Current Deferred Revenue | (18.7B) | 5.9B | 18.2B | (58.0B) | 3.2B | 3.3B | |
Intangible Assets | 16.4B | 16.8B | 18.0B | 17.0B | 19.5B | 11.0B | |
Noncontrolling Interest In Consolidated Entity | 7.3B | 7.0B | 7.1B | 7.4B | 6.7B | 11.5B | |
Retained Earnings Total Equity | 421.3B | 383.9B | 392.1B | 432.9B | 497.8B | 408.1B | |
Deferred Long Term Liab | 25.6B | 18.2B | 20.2B | 22.9B | 20.6B | 22.9B | |
Net Tangible Assets | 191.7B | 157.2B | 160.6B | 195.0B | 224.3B | 189.3B | |
Long Term Debt Total | 26.3B | 47.2B | 43.4B | 40.6B | 37.5B | 26.5B |
Exxon Investors Sentiment
The influence of Exxon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Exxon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Exxon's public news can be used to forecast risks associated with an investment in Exxon. The trend in average sentiment can be used to explain how an investor holding Exxon can time the market purely based on public headlines and social activities around Exxon Mobil Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Exxon's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Exxon's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Exxon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Exxon.
Exxon Implied Volatility | 40.09 |
Exxon's implied volatility exposes the market's sentiment of Exxon Mobil Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Exxon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Exxon stock will not fluctuate a lot when Exxon's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exxon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exxon's short interest history, or implied volatility extrapolated from Exxon options trading.
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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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.