Exxon Historical Income Statement

XOM Stock  USD 114.97  1.18  1.04%   
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.
 
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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.
  
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.

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 28th of March 2024, Tax Provision is likely to grow to about 16.2 B, while Interest Expense is likely to drop about 1.9 B.

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 28th of March 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 Expense947M798M2.0B1.9B
Depreciation And Amortization19.4B19.5B20.6B12.2B

Exxon income statement Correlations

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0.25-0.260.940.90.820.820.840.870.570.870.740.810.870.720.30.350.010.650.130.650.340.390.28-0.260.11
0.44-0.130.980.90.810.810.860.980.590.80.590.740.850.770.380.29-0.050.540.030.570.270.380.15-0.170.03
0.1-0.040.890.820.811.00.980.880.110.960.650.940.850.4-0.10.06-0.130.88-0.020.50.670.740.18-0.33-0.1
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0.03-0.170.890.870.80.960.960.920.870.110.840.980.860.47-0.020.24-0.030.930.120.590.610.750.38-0.53-0.04
-0.12-0.350.70.740.590.650.650.60.640.080.840.810.670.470.140.520.150.790.350.610.350.590.66-0.770.1
0.09-0.110.840.810.740.940.940.920.820.020.980.810.740.37-0.040.20.040.940.010.430.670.790.35-0.58-0.05
-0.01-0.20.890.870.850.850.850.810.860.40.860.670.740.640.050.26-0.210.690.280.830.350.480.29-0.16-0.02
0.29-0.080.720.720.770.40.40.440.690.740.470.470.370.640.710.37-0.040.140.160.530.0-0.070.13-0.03-0.02
0.57-0.060.290.30.38-0.1-0.10.010.280.65-0.020.14-0.040.050.710.290.36-0.3-0.04-0.03-0.31-0.39-0.03-0.010.17
-0.06-0.740.290.350.290.060.060.040.240.360.240.520.20.260.370.290.390.160.70.46-0.46-0.050.85-0.380.51
0.11-0.39-0.040.01-0.05-0.13-0.13-0.1-0.070.05-0.030.150.04-0.21-0.040.360.390.00.27-0.23-0.29-0.170.36-0.340.49
-0.22-0.20.670.650.540.880.880.810.65-0.220.930.790.940.690.14-0.30.160.00.170.490.670.840.45-0.63-0.01
-0.61-0.760.050.130.03-0.02-0.02-0.140.020.10.120.350.010.280.16-0.040.70.270.170.66-0.44-0.120.76-0.280.53
-0.35-0.510.590.650.570.50.50.410.550.380.590.610.430.830.53-0.030.46-0.230.490.66-0.010.20.52-0.180.25
-0.070.450.380.340.270.670.670.630.38-0.380.610.350.670.350.0-0.31-0.46-0.290.67-0.44-0.010.79-0.15-0.3-0.54
-0.080.120.490.390.380.740.740.70.52-0.440.750.590.790.48-0.07-0.39-0.05-0.170.84-0.120.20.790.27-0.54-0.33
-0.4-0.770.220.280.150.180.180.10.18-0.040.380.660.350.290.13-0.030.850.360.450.760.52-0.150.27-0.660.48
0.220.36-0.27-0.26-0.17-0.33-0.33-0.27-0.270.36-0.53-0.77-0.58-0.16-0.03-0.01-0.38-0.34-0.63-0.28-0.18-0.3-0.54-0.66-0.21
-0.02-0.90.020.110.03-0.1-0.1-0.1-0.030.27-0.040.1-0.05-0.02-0.020.170.510.49-0.010.530.25-0.54-0.330.48-0.21
Click cells to compare fundamentals

Exxon Account Relationship Matchups

Exxon income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization18.9B21.0B19.4B19.5B20.6B12.2B
Interest Expense830M1.2B947M798M2.0B1.9B
Total Revenue259.5B179.8B279.0B402.2B333.7B256.0B
Gross Profit81.1B57.2B90.0B133.7B82.3B95.6B
Other Operating Expenses238.6B207.5B246.8B323.7B290.3B218.7B
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
Total Operating Expenses60.2B84.9B57.9B55.2B38.9B58.3B
Income Before Tax20.1B(28.9B)31.2B77.8B52.8B32.1B
Total Other Income Expense Net4.5B(24.9B)4.5B6.2B9.4B6.3B
Net Income14.3B(22.4B)23.0B55.7B36.0B20.1B
Income Tax Expense5.3B5.6B7.6B20.2B15.4B12.2B
Selling General Administrative12.6B11.4B10.4B10.6B10.6B13.2B
Research Development1.2B1.0B843M824M879M978.8M
Extraordinary Items740M25M53M(30M)(27M)(25.7M)
Net Income Applicable To Common Shares14.3B(22.4B)23.0B55.7B50.2B52.7B
Minority Interest434M(811M)(558M)1.8B(1.3B)(1.3B)
Net Income From Continuing Ops14.8B(23.3B)23.6B57.6B37.4B20.8B
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)
Reconciled Depreciation19.0B46.0B20.6B24.0B20.6B26.5B

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

    
  23.36  
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.

Also Currently Popular

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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.