Income Statement Exxon Mobil Corporation

Equities

XOM

US30231G1022

Integrated Oil & Gas

Market Closed - Nyse Other stock markets 01:30:26 20/09/2024 am IST			5-day change	1st Jan Change
116.00 ^USD	+1.24%		+4.29%	+16.02%

18/09	UBS Adjusts Price Target on Exxon Mobil to $149 From $157, Maintains Buy Rating	MT
17/09	RBC Cuts Price Target on Exxon Mobil to $120 From $135, Keeps Sector Perform Rating	MT

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Published financial data: EXXON MOBIL CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	26TCr	18TCr	28TCr	40TCr	33TCr
Other Revenues, Total	-	121Cr	228.9Cr	354.2Cr	359.6Cr
Total Revenues	26TCr	18TCr	28TCr	40TCr	34TCr
Cost of Goods Sold, Total	18TCr	12TCr	19TCr	27TCr	23TCr
Gross Profit	7.72TCr	5.72TCr	9TCr	13TCr	11TCr
Selling General & Admin Expenses, Total	1.22TCr	1.04TCr	984.9Cr	1.01TCr	1.01TCr
Exploration / Drilling Costs, Total	126.9Cr	128.5Cr	105.4Cr	102.5Cr	75Cr
Depreciation & Amortization - (IS)	1.89TCr	2.1TCr	1.94TCr	1.94TCr	1.73TCr
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	3.32TCr	2.84TCr	3.3TCr	3.15TCr	3.22TCr
Other Operating Expenses, Total	6.55TCr	6.11TCr	6.33TCr	6.2TCr	6.04TCr
Operating Income	1.17TCr	-398.2Cr	2.68TCr	7.17TCr	5.06TCr
Interest Expense, Total	-83Cr	-115.8Cr	-95Cr	-80Cr	-85Cr
Net Interest Expenses	-83Cr	-115.8Cr	-95Cr	-80Cr	-85Cr
Income (Loss) On Equity Invest.	544.1Cr	173.2Cr	665.7Cr	1.15TCr	638.5Cr
Currency Exchange Gains (Loss)	-	-1.4Cr	20L	-	-61Cr
Other Non Operating Income (Expenses)	121.4Cr	-	-	-	-
EBT, Excl. Unusual Items	1.75TCr	-342.2Cr	3.25TCr	8.24TCr	5.56TCr
Restructuring Charges	-	-45Cr	-5.8Cr	-460Cr	-
Impairment of Goodwill	-	-61Cr	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	270Cr	-	-	-	51Cr
Asset Writedown	-15Cr	-2.44TCr	-120Cr	-	-330Cr
EBT, Incl. Unusual Items	2.01TCr	-2.89TCr	3.12TCr	7.78TCr	5.28TCr
Income Tax Expense	528.2Cr	-563.2Cr	763.6Cr	2.02TCr	1.54TCr
Earnings From Continuing Operations	1.48TCr	-2.33TCr	2.36TCr	5.76TCr	3.74TCr
Net Income to Company	1.48TCr	-2.33TCr	2.36TCr	5.76TCr	3.74TCr
Minority Interest	-43Cr	81Cr	-56Cr	-183.7Cr	-134.4Cr
Net Income - (IS)	1.43TCr	-2.24TCr	2.3TCr	5.57TCr	3.6TCr
Net Income to Common Incl Extra Items	1.43TCr	-2.24TCr	2.3TCr	5.57TCr	3.6TCr
Net Income to Common Excl. Extra Items	1.43TCr	-2.24TCr	2.3TCr	5.57TCr	3.6TCr
Per Share Items
Net EPS - Basic	3.36	-5.25	5.39	13.26	8.89
Basic EPS - Continuing Operations	3.36	-5.25	5.39	13.26	8.89
Basic Weighted Average Shares Outstanding	427Cr	427.1Cr	427.5Cr	420.5Cr	405.2Cr
Net EPS - Diluted	3.36	-5.25	5.39	13.26	8.89
Diluted EPS - Continuing Operations	3.36	-5.25	5.39	13.26	8.89
Diluted Weighted Average Shares Outstanding	427Cr	427.1Cr	427.5Cr	420.5Cr	405.2Cr
Normalized Basic EPS	2.46	-0.31	4.62	11.8	8.24
Normalized Diluted EPS	2.46	-0.31	4.62	11.8	8.24
Dividend Per Share	3.43	3.48	3.49	3.55	3.68
Payout Ratio	102.18	-66.24	64.77	26.8	41.49
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	3.05TCr	1.55TCr	4.62TCr	9.12TCr	7.1TCr
EBITA	1.17TCr	-398.2Cr	2.68TCr	7.17TCr	5.06TCr
EBIT	1.17TCr	-398.2Cr	2.68TCr	7.17TCr	5.06TCr
EBITDAR	3.4TCr	1.87TCr	4.91TCr	9.44TCr	7.45TCr
Total Revenues (As Reported)	26TCr	18TCr	29TCr	41TCr	34TCr
Effective Tax Rate - (Ratio)	26.34	19.5	24.45	25.95	29.23
Normalized Net Income	1.05TCr	-132.78Cr	1.97TCr	4.96TCr	3.34TCr
Interest Capitalized	73Cr	66Cr	66Cr	84Cr	115.2Cr
Interest on Long-Term Debt	13Cr	83Cr	81Cr	104.8Cr	14Cr
Non-Cash Pension Expense	92Cr	89Cr	55Cr	32Cr	62Cr
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	121.4Cr	101.6Cr	84Cr	82Cr	88Cr
Exploration/Drilling Costs	126.9Cr	128.5Cr	105.4Cr	102.5Cr	75Cr
Net Rental Expense, Total	347.6Cr	316.6Cr	289.3Cr	316.5Cr	353.9Cr
Imputed Operating Lease Interest Expense	96Cr	73Cr	59Cr	83Cr	119.74Cr
Imputed Operating Lease Depreciation	251.74Cr	243.14Cr	230.44Cr	233.61Cr	234.16Cr
Stock-Based Comp., Other (Total)	74Cr	67Cr	61Cr	65Cr	61Cr
Total Stock-Based Compensation	74Cr	67Cr	61Cr	65Cr	61Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	308.9Cr	436.4Cr	680.2Cr	2.96TCr	3.15TCr
Total Cash And Short Term Investments	308.9Cr	436.4Cr	680.2Cr	2.96TCr	3.15TCr
Accounts Receivable, Total	2.11TCr	1.63TCr	2.69TCr	3.28TCr	3.03TCr
Other Receivables	586.6Cr	424.2Cr	550Cr	890.5Cr	771.9Cr
Total Receivables	2.7TCr	2.06TCr	3.24TCr	4.17TCr	3.8TCr
Inventory	1.85TCr	1.88TCr	1.88TCr	2.44TCr	2.51TCr
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	2.5Cr	2.9Cr
Other Current Assets, Total	146.9Cr	109.8Cr	118.9Cr	178.2Cr	190.6Cr
Total Current Assets	5.01TCr	4.49TCr	5.92TCr	9.76TCr	9.66TCr
Gross Property Plant And Equipment	49TCr	51TCr	50TCr	48TCr	49TCr
Accumulated Depreciation	-23TCr	-28TCr	-28TCr	-27TCr	-27TCr
Net Property Plant And Equipment	26TCr	23TCr	22TCr	21TCr	22TCr
Long-term Investments	2.95TCr	2.99TCr	3.14TCr	3.48TCr	3.43TCr
Deferred Tax Assets Long-Term	326.8Cr	415.9Cr	445Cr	382.5Cr	363.7Cr
Other Long-Term Assets, Total	2.01TCr	2.02TCr	2.13TCr	2.17TCr	2TCr
Total Assets	36TCr	33TCr	34TCr	37TCr	38TCr
Liabilities
Accounts Payable, Total	2.47TCr	1.75TCr	2.66TCr	3.32TCr	3.12TCr
Accrued Expenses, Total	330.1Cr	340.8Cr	389.6Cr	396.9Cr	381.7Cr
Short-term Borrowings	1.89TCr	1.75TCr	188.4Cr	45Cr	8.1Cr
Current Portion of Long-Term Debt	161.7Cr	282.8Cr	228.1Cr	11Cr	391.4Cr
Current Portion of Leases	131Cr	127.4Cr	148.2Cr	160.1Cr	171.7Cr
Current Income Taxes Payable	158Cr	68Cr	160.1Cr	521.4Cr	318.9Cr
Other Current Liabilities	1.26TCr	1.31TCr	1.89TCr	2.45TCr	2.13TCr
Total Current Liabilities	6.4TCr	5.64TCr	5.66TCr	6.9TCr	6.53TCr
Long-Term Debt	2.47TCr	4.55TCr	4.17TCr	3.92TCr	3.57TCr
Long-Term Leases	629.1Cr	580.9Cr	571.5Cr	558.2Cr	633.5Cr
Pension & Other Post Retirement Benefits	2.23TCr	2.24TCr	1.84TCr	1TCr	1.05TCr
Deferred Tax Liability Non Current	2.56TCr	1.82TCr	2.02TCr	2.29TCr	2.45TCr
Other Non Current Liabilities	2.08TCr	2.04TCr	2.06TCr	1.99TCr	2.15TCr
Total Liabilities	16TCr	17TCr	16TCr	17TCr	16TCr
Common Stock, Total	1.56TCr	1.57TCr	1.57TCr	1.58TCr	1.78TCr
Retained Earnings	42TCr	38TCr	39TCr	43TCr	45TCr
Treasury Stock	-23TCr	-23TCr	-23TCr	-24TCr	-25TCr
Comprehensive Income and Other	-1.95TCr	-1.67TCr	-1.38TCr	-1.33TCr	-1.2TCr
Total Common Equity	19TCr	16TCr	17TCr	20TCr	20TCr
Minority Interest	728.8Cr	698Cr	710.6Cr	742.4Cr	773.6Cr
Total Equity	20TCr	16TCr	18TCr	20TCr	21TCr
Total Liabilities And Equity	36TCr	33TCr	34TCr	37TCr	38TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	423.22Cr	423.35Cr	423.36Cr	407.1Cr	396.78Cr
ECS Total Common Shares Outstanding	423.4Cr	423.3Cr	423.9Cr	408.2Cr	397.1Cr
Book Value / Share	45.26	37.12	39.77	47.78	51.57
Tangible Book Value	19TCr	16TCr	17TCr	20TCr	20TCr
Tangible Book Value Per Share	45.26	37.12	39.77	47.78	51.57
Total Debt	5.28TCr	7.29TCr	5.3TCr	4.69TCr	4.77TCr
Net Debt	4.97TCr	6.86TCr	4.62TCr	1.73TCr	1.62TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.43TCr	1.38TCr	985.7Cr	394.6Cr	467.2Cr
Debt Equivalent Oper. Leases	2.78TCr	2.53TCr	2.31TCr	2.53TCr	2.83TCr
Minority Interest, Total (Incl. Fin. Div)	728.8Cr	698Cr	710.6Cr	742.4Cr	773.6Cr
Equity Method Investments, Total	2.93TCr	2.98TCr	3.12TCr	3.45TCr	3.41TCr
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-970Cr	-540Cr	-1.4TCr	-1.49TCr	-1.4TCr
Inventories - Raw Materials, Total	451.8Cr	468.1Cr	426.1Cr	400.1Cr	459.2Cr
Inventories - Finished Goods, Total	1.4TCr	1.42TCr	1.45TCr	2.04TCr	2.05TCr
Full Time Employees	74.9T	72T	63T	62T	62T
Accumulated Allowance for Doubtful Accounts (Supple)	3.4Cr	9.6Cr	16Cr	17Cr	17Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.43TCr	-2.24TCr	2.3TCr	5.57TCr	3.6TCr
Depreciation & Amortization - CF	1.89TCr	1.95TCr	1.94TCr	1.95TCr	2.03TCr
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	1.89TCr	1.95TCr	1.94TCr	1.95TCr	2.03TCr
(Gain) Loss From Sale Of Asset	-171Cr	40L	-120.7Cr	-103.4Cr	-51Cr
Asset Writedown & Restructuring Costs	15Cr	2.65TCr	120Cr	450Cr	33Cr
(Income) Loss On Equity Investments - (CF)	-94Cr	98Cr	-67Cr	-244.6Cr	51Cr
Other Operating Activities, Total	-189.9Cr	-823.1Cr	219.5Cr	69Cr	297.7Cr
Change In Accounts Receivable	-264Cr	538.4Cr	-1.21TCr	-1.1TCr	437Cr
Change In Inventories	7.2Cr	-32Cr	-49Cr	-694.7Cr	-347.2Cr
Change In Accounts Payable	372.5Cr	-714.2Cr	1.68TCr	1.85TCr	-472.7Cr
Change in Other Net Operating Assets	-23Cr	42Cr	-7.1Cr	-69Cr	-43Cr
Cash from Operations	2.97TCr	1.47TCr	4.81TCr	7.68TCr	5.54TCr
Capital Expenditure	-2.44TCr	-1.73TCr	-1.21TCr	-1.84TCr	-2.19TCr
Sale of Property, Plant, and Equipment	370Cr	100Cr	317.6Cr	524.7Cr	407.8Cr
Divestitures	-80L	-10L	-	-	-
Investment in Marketable and Equity Securities, Total	-390.5Cr	-485.7Cr	-281.7Cr	-309Cr	-299.5Cr
Other Investing Activities, Total	149Cr	268.1Cr	148.2Cr	150.8Cr	156.2Cr
Cash from Investing	-2.31TCr	-1.85TCr	-1.02TCr	-1.47TCr	-1.93TCr
Short Term Debt Issued, Total	565.4Cr	-	1.27TCr	22Cr	-
Long-Term Debt Issued, Total	705.2Cr	2.32TCr	4.6Cr	64Cr	94Cr
Total Debt Issued	1.27TCr	2.32TCr	1.27TCr	86Cr	94Cr
Short Term Debt Repaid, Total	-404.3Cr	-303.7Cr	-3.24TCr	-807.5Cr	-116.3Cr
Long-Term Debt Repaid, Total	-10L	-80L	-80L	-50L	-1.5Cr
Total Debt Repaid	-404.4Cr	-304.5Cr	-3.24TCr	-808Cr	-117.8Cr
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-59Cr	-40Cr	-16Cr	-1.52TCr	-1.77TCr
Common Dividends Paid	-1.47TCr	-1.49TCr	-1.49TCr	-1.49TCr	-1.49TCr
Common & Preferred Stock Dividends Paid	-1.47TCr	-1.49TCr	-1.49TCr	-1.49TCr	-1.49TCr
Other Financing Activities, Total	-3.4Cr	41Cr	-69Cr	-180Cr	-136.9Cr
Cash from Financing	-661.8Cr	528.5Cr	-3.54TCr	-3.91TCr	-3.43TCr
Foreign Exchange Rate Adjustments	3.3Cr	-22Cr	-3.3Cr	-7.8Cr	10Cr
Net Change in Cash	4.7Cr	127.5Cr	243.8Cr	2.29TCr	190.3Cr
Supplemental Items
Cash Interest Paid	56Cr	79Cr	82Cr	67Cr	58Cr
Cash Income Tax Paid (Refund)	701.8Cr	242.8Cr	534.1Cr	1.54TCr	1.55TCr
Levered Free Cash Flow	228.44Cr	-134.25Cr	2.85TCr	4.63TCr	2.58TCr
Unlevered Free Cash Flow	280.31Cr	-62Cr	2.91TCr	4.68TCr	2.63TCr
Change In Net Working Capital	-27Cr	101.8Cr	-444Cr	-24Cr	435.4Cr
Net Debt Issued / Repaid	866.2Cr	2.01TCr	-1.97TCr	-722Cr	-24Cr

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.06	-0.72	4.98	12.66	8.49
Return on Total Capital	2.99	-1.02	7.19	18.74	12.42
Return On Equity %	7.43	-12.81	13.89	30.45	18
Return on Common Equity	7.48	-12.87	14.15	30.66	18.01
Margin Analysis
Gross Profit Margin %	30.19	31.79	32.28	33.24	32.83
SG&A Margin	4.76	5.8	3.53	2.51	3
EBITDA Margin %	11.94	8.63	16.56	22.68	20.97
EBITA Margin %	4.57	-2.21	9.6	17.82	14.97
EBIT Margin %	4.57	-2.21	9.6	17.82	14.97
Income From Continuing Operations Margin %	5.78	-12.93	8.46	14.31	11.04
Net Income Margin %	5.61	-12.48	8.26	13.86	10.64
Net Avail. For Common Margin %	5.61	-12.48	8.26	13.86	10.64
Normalized Net Income Margin	4.11	-0.74	7.08	12.34	9.87
Levered Free Cash Flow Margin	0.89	-0.75	10.23	11.52	7.62
Unlevered Free Cash Flow Margin	1.1	-0.34	10.44	11.64	7.77
Asset Turnover
Asset Turnover	0.72	0.52	0.83	1.14	0.91
Fixed Assets Turnover	1.01	0.73	1.22	1.85	1.56
Receivables Turnover (Average Receivables)	12.55	9.54	12.8	13.35	10.6
Inventory Turnover (Average Inventory)	9.52	6.56	10.04	12.43	9.17
Short Term Liquidity
Current Ratio	0.78	0.8	1.04	1.41	1.48
Quick Ratio	0.47	0.44	0.69	1.03	1.06
Operating Cash Flow to Current Liabilities	0.46	0.26	0.85	1.11	0.85
Days Sales Outstanding (Average Receivables)	29.09	38.37	28.51	27.34	34.43
Days Outstanding Inventory (Average Inventory)	38.34	55.78	36.35	29.37	39.8