Exxon Operating Income vs Net Income Analysis

XOM Stock

USD 121.79 0.14 0.11%

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 Operating Income and its Net 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 closely tied with the direction of predictive economic indicators such as signals in persons.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exxon Mobil Corp Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Exxon's Operating Income and Net Income is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net 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 Operating Income and Net 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 Operating Income of Exxon Mobil Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Exxon's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

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

As of the 24th of November 2024, Selling General Administrative is likely to grow to about 13.3 B. Also, Tax Provision is likely to grow to about 16.2 B

	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 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity	Short Term Investments
Total Assets		0.4	0.31	0.86	0.98	0.93	0.35	0.81	0.06	0.97	-0.48	0.06	0.7	-0.82	0.93	0.55	-0.06	-0.86	0.97	0.35	0.34	0.39	0.91	0.69	0.7	0.13
Short Long Term Debt Total	0.4		-0.6	0.07	0.41	0.34	0.76	0.62	0.22	0.43	0.29	0.22	-0.01	-0.71	0.49	0.68	-0.72	-0.66	0.35	0.23	0.37	-0.38	0.37	0.81	0.84	0.24
Other Current Liab	0.31	-0.6		0.6	0.23	0.34	-0.5	0.09	-0.04	0.26	-0.6	-0.04	0.52	0.02	0.25	-0.17	0.84	-0.08	0.41	0.17	-0.08	0.64	0.33	-0.21	-0.32	-0.33
Total Current Liabilities	0.86	0.07	0.6		0.8	0.73	-0.03	0.63	0.18	0.76	-0.48	0.18	0.87	-0.55	0.72	0.46	0.38	-0.64	0.88	0.5	0.13	0.63	0.72	0.48	0.44	0.02
Total Stockholder Equity	0.98	0.41	0.23	0.8		0.9	0.34	0.82	0.09	0.95	-0.4	0.09	0.67	-0.83	0.87	0.58	-0.16	-0.85	0.91	0.36	0.33	0.35	0.89	0.71	0.73	0.14
Property Plant And Equipment Net	0.93	0.34	0.34	0.73	0.9		0.49	0.75	-0.25	0.99	-0.65	-0.25	0.45	-0.77	0.92	0.34	-0.04	-0.79	0.91	0.06	0.6	0.22	0.99	0.56	0.6	0.29
Net Debt	0.35	0.76	-0.5	-0.03	0.34	0.49		0.32	-0.47	0.51	-0.18	-0.47	-0.31	-0.47	0.53	0.12	-0.69	-0.39	0.34	-0.41	0.72	-0.56	0.49	0.42	0.59	0.59
Retained Earnings	0.81	0.62	0.09	0.63	0.82	0.75	0.32		0.36	0.79	-0.11	0.36	0.53	-0.98	0.75	0.85	-0.18	-0.99	0.76	0.59	0.3	0.24	0.79	0.92	0.84	-0.01
Cash	0.06	0.22	-0.04	0.18	0.09	-0.25	-0.47	0.36		-0.15	0.64	1.0	0.49	-0.27	-0.1	0.74	0.05	-0.32	0.01	0.92	-0.59	0.35	-0.21	0.46	0.27	-0.56
Non Current Assets Total	0.97	0.43	0.26	0.76	0.95	0.99	0.51	0.79	-0.15		-0.57	-0.15	0.52	-0.82	0.95	0.44	-0.12	-0.84	0.95	0.15	0.53	0.25	0.98	0.65	0.69	0.27
Non Currrent Assets Other	-0.48	0.29	-0.6	-0.48	-0.4	-0.65	-0.18	-0.11	0.64	-0.57		0.64	-0.2	0.12	-0.54	0.35	-0.33	0.15	-0.56	0.38	-0.41	-0.22	-0.62	0.16	0.04	-0.27
Cash And Short Term Investments	0.06	0.22	-0.04	0.18	0.09	-0.25	-0.47	0.36	1.0	-0.15	0.64		0.49	-0.27	-0.1	0.74	0.05	-0.32	0.01	0.92	-0.59	0.35	-0.21	0.46	0.27	-0.56
Net Receivables	0.7	-0.01	0.52	0.87	0.67	0.45	-0.31	0.53	0.49	0.52	-0.2	0.49		-0.44	0.52	0.54	0.34	-0.54	0.7	0.73	-0.34	0.79	0.43	0.46	0.39	-0.32
Common Stock Shares Outstanding	-0.82	-0.71	0.02	-0.55	-0.83	-0.77	-0.47	-0.98	-0.27	-0.82	0.12	-0.27	-0.44		-0.8	-0.8	0.32	0.99	-0.76	-0.47	-0.37	-0.11	-0.81	-0.91	-0.87	-0.03
Non Current Liabilities Total	0.93	0.49	0.25	0.72	0.87	0.92	0.53	0.75	-0.1	0.95	-0.54	-0.1	0.52	-0.8		0.43	-0.12	-0.83	0.96	0.18	0.42	0.25	0.91	0.63	0.67	0.17
Inventory	0.55	0.68	-0.17	0.46	0.58	0.34	0.12	0.85	0.74	0.44	0.35	0.74	0.54	-0.8	0.43		-0.26	-0.82	0.47	0.84	-0.05	0.21	0.38	0.92	0.82	-0.16
Other Current Assets	-0.06	-0.72	0.84	0.38	-0.16	-0.04	-0.69	-0.18	0.05	-0.12	-0.33	0.05	0.34	0.32	-0.12	-0.26		0.21	0.08	0.18	-0.21	0.59	-0.04	-0.4	-0.55	-0.27
Other Stockholder Equity	-0.86	-0.66	-0.08	-0.64	-0.85	-0.79	-0.39	-0.99	-0.32	-0.84	0.15	-0.32	-0.54	0.99	-0.83	-0.82	0.21		-0.81	-0.55	-0.32	-0.23	-0.82	-0.92	-0.86	0.0
Total Liab	0.97	0.35	0.41	0.88	0.91	0.91	0.34	0.76	0.01	0.95	-0.56	0.01	0.7	-0.76	0.96	0.47	0.08	-0.81		0.32	0.33	0.43	0.9	0.62	0.62	0.12
Total Current Assets	0.35	0.23	0.17	0.5	0.36	0.06	-0.41	0.59	0.92	0.15	0.38	0.92	0.73	-0.47	0.18	0.84	0.18	-0.55	0.32		-0.46	0.55	0.1	0.62	0.44	-0.49
Short Term Debt	0.34	0.37	-0.08	0.13	0.33	0.6	0.72	0.3	-0.59	0.53	-0.41	-0.59	-0.34	-0.37	0.42	-0.05	-0.21	-0.32	0.33	-0.46		-0.46	0.62	0.2	0.28	0.68
Accounts Payable	0.39	-0.38	0.64	0.63	0.35	0.22	-0.56	0.24	0.35	0.25	-0.22	0.35	0.79	-0.11	0.25	0.21	0.59	-0.23	0.43	0.55	-0.46		0.21	0.12	0.02	-0.29
Property Plant And Equipment Gross	0.91	0.37	0.33	0.72	0.89	0.99	0.49	0.79	-0.21	0.98	-0.62	-0.21	0.43	-0.81	0.91	0.38	-0.04	-0.82	0.9	0.1	0.62	0.21		0.6	0.62	0.28
Common Stock	0.69	0.81	-0.21	0.48	0.71	0.56	0.42	0.92	0.46	0.65	0.16	0.46	0.46	-0.91	0.63	0.92	-0.4	-0.92	0.62	0.62	0.2	0.12	0.6		0.95	0.06
Common Stock Total Equity	0.7	0.84	-0.32	0.44	0.73	0.6	0.59	0.84	0.27	0.69	0.04	0.27	0.39	-0.87	0.67	0.82	-0.55	-0.86	0.62	0.44	0.28	0.02	0.62	0.95		0.21
Short Term Investments	0.13	0.24	-0.33	0.02	0.14	0.29	0.59	-0.01	-0.56	0.27	-0.27	-0.56	-0.32	-0.03	0.17	-0.16	-0.27	0.0	0.12	-0.49	0.68	-0.29	0.28	0.06	0.21

Click cells to compare fundamentals

Exxon Account Relationship Matchups

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	14.3B	20.2B	30.0B	25.2B	21.6B
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	33.2B	31.2B	23.9B
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

Details

Is Exxon Stock a good investment?

Details

What is Exxon's Net Worth?

Details

Largest Oil, Gas & Consumable Fuels Companies

View

Largest Oil & Gas Integrated Companies

View

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.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Exxon Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

Exxon fundamental ratios Correlations

Exxon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Exxon fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Non Current Assets Total

Other Stockholder Equity	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Common Stock	- 0.92	Other Stockholder Equity
Common Stock	- 0.91	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.87	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.86	Other Stockholder Equity