Exxon Tax Provision from 2010 to 2024

XOM Stock  USD 116.00  1.42  1.24%   
Exxon Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to grow to about 16.2 B this year. Tax Provision is the amount set aside by Exxon Mobil Corp to cover any estimated taxes for the current period. It reflects Exxon's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
3.8 B
Current Value
4.1 B
Quarterly Volatility
2.6 B
 
Covid
Check Exxon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exxon's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 B, Interest Expense of 1.9 B or Total Revenue of 256 B, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0276 or PTB Ratio of 2.83. Exxon financial statements analysis is a perfect complement when working with Exxon Valuation or Volatility modules.
  
Check out the analysis of Exxon Correlation against competitors.

Latest Exxon's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Exxon Mobil Corp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Exxon's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Exxon's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Exxon Tax Provision Regression Statistics

Arithmetic Mean6,635,563,333
Coefficient Of Variation101.37
Mean Deviation4,772,751,111
Median5,415,000,000
Standard Deviation6,726,185,588
Sample Variance45241572.6T
Range25.8B
R-Value0.46
Mean Square Error38296452.4T
R-Squared0.21
Significance0.08
Slope695,721,964
Total Sum of Squares633382015.9T

Exxon Tax Provision History

202416.2 B
202315.4 B
202220.2 B
20217.6 B
2020-5.6 B
20195.3 B
20189.5 B

About Exxon Financial Statements

Exxon investors utilize fundamental indicators, such as Tax Provision, to predict how Exxon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision15.4 B16.2 B

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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 the analysis of Exxon Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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
0.104
Dividend Share
3.76
Earnings Share
8.36
Revenue Per Share
84.406
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.