Exxon Historical Income Statement

XOM Stock

USD 121.79 0.14 0.11%

Historical analysis of Exxon income statement accounts such as Depreciation And Amortization of 12.4 B, Interest Expense of 806.5 M, 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.

Net Income Gross Profit

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 closely tied 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

At this time, Exxon's Non Recurring is very stable compared to the past year. As of the 23rd of November 2024, Non Operating Income Net Other is likely to grow to about 8.3 B, while Interest Expense is likely to drop about 806.5 M.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue Total Operating Expenses Net Income

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.

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Exxon Mobil Corp financial statement analysis. It represents the amount of money remaining after all of Exxon Mobil Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Interest Expense	947M	798M	849M	806.6M
Depreciation And Amortization	20.6B	24.0B	20.6B	12.4B

Interest Expense Depreciation And Amortization

Exxon income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Extraordinary Items	Minority Interest	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.43	0.33	0.25	0.4	0.19	0.05	0.31	0.35	0.5	0.08	-0.12	0.16	-0.03	0.18	0.45	-0.08	0.18	-0.12	-0.65	-0.42	0.03	0.03	-0.01	-0.36	0.17
Interest Expense	0.43		-0.28	-0.36	-0.23	-0.2	-0.18	-0.16	-0.23	0.01	-0.41	-0.69	-0.34	-0.41	-0.17	0.05	-0.82	-0.18	-0.44	-0.82	-0.67	-0.32	0.13	-0.26	-0.95	0.56
Total Revenue	0.33	-0.28		0.94	0.98	0.88	0.76	0.85	0.99	0.56	0.89	0.68	0.84	0.89	0.71	0.29	0.29	-0.04	0.67	0.05	0.59	-0.13	0.38	0.49	0.22	-0.27
Gross Profit	0.25	-0.36	0.94		0.9	0.79	0.72	0.76	0.87	0.58	0.87	0.75	0.81	0.87	0.7	0.3	0.35	0.01	0.65	0.13	0.65	-0.15	0.34	0.39	0.28	-0.26
Other Operating Expenses	0.4	-0.23	0.98	0.9		0.8	0.66	0.76	0.98	0.67	0.8	0.59	0.74	0.85	0.76	0.39	0.3	-0.05	0.54	0.04	0.57	-0.14	0.26	0.37	0.16	-0.17
Operating Income	0.19	-0.2	0.88	0.79	0.8		0.93	0.97	0.88	0.17	0.95	0.59	0.94	0.84	0.36	-0.11	0.03	-0.15	0.88	-0.06	0.47	-0.18	0.69	0.78	0.16	-0.33
Ebit	0.05	-0.18	0.76	0.72	0.66	0.93		0.93	0.75	0.01	0.92	0.61	0.93	0.72	0.34	-0.15	-0.05	-0.18	0.88	-0.11	0.38	-0.13	0.83	0.79	0.14	-0.42
Ebitda	0.31	-0.16	0.85	0.76	0.76	0.97	0.93		0.85	0.11	0.94	0.62	0.96	0.72	0.31	-0.07	0.02	-0.07	0.88	-0.17	0.32	-0.1	0.72	0.8	0.15	-0.44
Cost Of Revenue	0.35	-0.23	0.99	0.87	0.98	0.88	0.75	0.85		0.53	0.87	0.62	0.82	0.86	0.68	0.28	0.24	-0.07	0.65	0.02	0.55	-0.12	0.38	0.52	0.18	-0.27
Total Operating Expenses	0.5	0.01	0.56	0.58	0.67	0.17	0.01	0.11	0.53		0.17	0.12	0.08	0.45	0.73	0.64	0.3	-0.04	-0.19	-0.02	0.35	-0.12	-0.3	-0.29	-0.12	0.37
Income Before Tax	0.08	-0.41	0.89	0.87	0.8	0.95	0.92	0.94	0.87	0.17		0.81	0.98	0.86	0.45	-0.02	0.24	-0.03	0.93	0.12	0.59	-0.06	0.61	0.75	0.38	-0.53
Total Other Income Expense Net	-0.12	-0.69	0.68	0.75	0.59	0.59	0.61	0.62	0.62	0.12	0.81		0.78	0.65	0.46	0.15	0.58	0.22	0.76	0.41	0.64	0.16	0.26	0.49	0.7	-0.77
Net Income	0.16	-0.34	0.84	0.81	0.74	0.94	0.93	0.96	0.82	0.08	0.98	0.78		0.74	0.36	-0.04	0.2	0.04	0.94	0.01	0.43	0.01	0.67	0.79	0.35	-0.58
Income Tax Expense	-0.03	-0.41	0.89	0.87	0.85	0.84	0.72	0.72	0.86	0.45	0.86	0.65	0.74		0.62	0.05	0.26	-0.21	0.69	0.28	0.83	-0.26	0.35	0.48	0.29	-0.16
Selling General Administrative	0.18	-0.17	0.71	0.7	0.76	0.36	0.34	0.31	0.68	0.73	0.45	0.46	0.36	0.62		0.75	0.32	0.05	0.13	0.15	0.5	-0.1	0.02	-0.07	0.1	-0.05
Research Development	0.45	0.05	0.29	0.3	0.39	-0.11	-0.15	-0.07	0.28	0.64	-0.02	0.15	-0.04	0.05	0.75		0.29	0.36	-0.3	-0.04	-0.03	0.18	-0.31	-0.39	-0.03	-0.01
Extraordinary Items	-0.08	-0.82	0.29	0.35	0.3	0.03	-0.05	0.02	0.24	0.3	0.24	0.58	0.2	0.26	0.32	0.29		0.39	0.16	0.7	0.46	0.54	-0.46	-0.05	0.85	-0.38
Minority Interest	0.18	-0.18	-0.04	0.01	-0.05	-0.15	-0.18	-0.07	-0.07	-0.04	-0.03	0.22	0.04	-0.21	0.05	0.36	0.39		0.0	0.27	-0.23	0.65	-0.29	-0.17	0.36	-0.34
Net Income From Continuing Ops	-0.12	-0.44	0.67	0.65	0.54	0.88	0.88	0.88	0.65	-0.19	0.93	0.76	0.94	0.69	0.13	-0.3	0.16	0.0		0.17	0.49	0.0	0.67	0.84	0.45	-0.63
Non Recurring	-0.65	-0.82	0.05	0.13	0.04	-0.06	-0.11	-0.17	0.02	-0.02	0.12	0.41	0.01	0.28	0.15	-0.04	0.7	0.27	0.17		0.66	0.27	-0.44	-0.12	0.76	-0.28
Non Operating Income Net Other	-0.42	-0.67	0.59	0.65	0.57	0.47	0.38	0.32	0.55	0.35	0.59	0.64	0.43	0.83	0.5	-0.03	0.46	-0.23	0.49	0.66		-0.25	-0.01	0.2	0.52	-0.18
Selling And Marketing Expenses	0.03	-0.32	-0.13	-0.15	-0.14	-0.18	-0.13	-0.1	-0.12	-0.12	-0.06	0.16	0.01	-0.26	-0.1	0.18	0.54	0.65	0.0	0.27	-0.25		-0.29	0.01	0.46	-0.4
Tax Provision	0.03	0.13	0.38	0.34	0.26	0.69	0.83	0.72	0.38	-0.3	0.61	0.26	0.67	0.35	0.02	-0.31	-0.46	-0.29	0.67	-0.44	-0.01	-0.29		0.79	-0.15	-0.3
Interest Income	-0.01	-0.26	0.49	0.39	0.37	0.78	0.79	0.8	0.52	-0.29	0.75	0.49	0.79	0.48	-0.07	-0.39	-0.05	-0.17	0.84	-0.12	0.2	0.01	0.79		0.27	-0.54
Net Interest Income	-0.36	-0.95	0.22	0.28	0.16	0.16	0.14	0.15	0.18	-0.12	0.38	0.7	0.35	0.29	0.1	-0.03	0.85	0.36	0.45	0.76	0.52	0.46	-0.15	0.27		-0.66
Reconciled Depreciation	0.17	0.56	-0.27	-0.26	-0.17	-0.33	-0.42	-0.44	-0.27	0.37	-0.53	-0.77	-0.58	-0.16	-0.05	-0.01	-0.38	-0.34	-0.63	-0.28	-0.18	-0.4	-0.3	-0.54	-0.66

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Exxon Account Relationship Matchups

Exxon income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	18.9B	20.7B	20.6B	24.0B	20.6B	12.4B
Interest Expense	830M	1.2B	947M	798M	849M	806.6M
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	284.7B	218.5B
Operating Income	15.5B	(4.0B)	26.8B	71.6B	50.6B	26.0B
Ebit	15.5B	(27.7B)	32.2B	78.6B	53.6B	56.3B
Ebitda	34.4B	(7.0B)	52.8B	102.6B	74.3B	38.1B
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	57.4B	58.8B
Income Before Tax	20.1B	(28.9B)	31.2B	77.8B	52.8B	32.1B
Total Other Income Expense Net	4.5B	(24.9B)	6.4B	6.2B	2.1B	2.0B
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

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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:

How To Invest In Exxon

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Is Exxon Stock a good investment?

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What is Exxon's Net Worth?

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Largest Oil, Gas & Consumable Fuels Companies

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Largest Oil & Gas Integrated Companies

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You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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

(0.15)

Dividend Share

3.8

Earnings Share

8.03

Revenue Per Share

81.881

Quarterly Revenue Growth

(0.01)

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.

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Exxon Historical Income Statement

About Exxon Income Statement Analysis

Exxon Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Net Income

Exxon income statement Correlations

Exxon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Exxon income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 0.99	Total Revenue
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Other Operating Expenses
Net Income	+ 0.98	Income Before Tax
Ebitda	+ 0.97	Operating Income
Net Income	+ 0.96	Ebitda

Net Interest Income	- 0.95	Interest Expense
Non Recurring	- 0.82	Interest Expense
Extraordinary Items	- 0.82	Interest Expense
Reconciled Depreciation	- 0.77	Total Other Income Expense Net
Total Other Income Expense Net	- 0.69	Interest Expense
Non Operating Income Net Other	- 0.67	Interest Expense