Exxon Mobil Corp. (XOM)

Common-Size Income Statement
Quarterly Data

Difficulty: Beginner

Exxon Mobil Corp., common-size consolidated income statement (quarterly data)

	3 months ended	Jun 30, 2019		Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014
	Sales and other operating revenue
	Crude oil and product purchases
	Production and manufacturing expenses
	Cost of operating revenues
	Sales-based taxes
	Gross profit
	Selling, general and administrative expenses
	Depreciation and depletion
	Exploration expenses, including dry holes
	Other taxes and duties
	Operating income
	Income from equity affiliates
	Other income
	Non-service pension and postretirement benefit expense
	Interest expense
	Income before income taxes
	Income taxes
	Net income including noncontrolling interests
	Net (income) loss attributable to noncontrolling interests
	Net income attributable to ExxonMobil

Item	Description	The company
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Exxon Mobil Corp.’s operating income as a percentage of sales and other operating revenue declined from Q4 2018 to Q1 2019 but then slightly increased from Q1 2019 to Q2 2019.
Income before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Exxon Mobil Corp.’s income before income taxes as a percentage of sales and other operating revenue declined from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Net income attributable to ExxonMobil	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Exxon Mobil Corp.’s net income attributable to ExxonMobil as a percentage of sales and other operating revenue declined from Q4 2018 to Q1 2019 but then slightly increased from Q1 2019 to Q2 2019.

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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality