ExxonMobil Holdings (XOM) FY2013 results: revenue $420.8 billion, down 6.8% on the year
ExxonMobil Holdings Corp. (XOM) reported revenue of $420.8 billion for fiscal 2013, the year ended 31 December 2013, down 6.8% on the year before. Net income was $32.6 billion, down 27.4%, and diluted earnings per share $7.37. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2014.
Revenue
$420.8 billion
-6.8% on the year
FY2009FY2013
Operating margin
9.6%
11.0% a year earlier
FY2009FY2013
Net income
$32.6 billion
-27.4% on the year
FY2009FY2013
Diluted EPS
$7.37
-24.0% on the year
FY2009FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
420,836
451,509
467,029
-6.8%
Research and development
1,044
1,042
1,044
+0.2%
Selling, general and administrative
12,877
13,877
14,983
-7.2%
Operating income
40,292
49,554
53,857
-18.7%
Operating margin
9.6%
11.0%
11.5%
Interest expense
9.0
327
247
-97.2%
Pre-tax income
57,711
78,726
73,257
-26.7%
Income tax
24,263
31,045
31,051
-21.8%
Effective tax rate
42.0%
39.4%
42.4%
Net income
32,580
44,880
41,060
-27.4%
Net margin
7.7%
9.9%
8.8%
Diluted EPS
$7.37
$9.70
$8.42
-24.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
n/a
56,170
55,345
Capital expenditure
33,669
34,271
30,975
-1.8%
Free cash flow
n/a
21,899
24,370
Free cash flow margin
n/a
4.9%
5.2%
Cash from investing
n/a
-25,601
-22,165
Cash from financing
n/a
-33,868
-28,256
Depreciation and amortisation
17,182
15,888
15,583
+8.1%
Buybacks
15,998
21,068
22,055
-24.1%
Dividends paid
10,875
10,092
9,020
+7.8%
Dividend per share
$2.46
$2.18
$1.85
+12.8%
Diluted shares, weighted
4,419m
4,628m
4,875m
-4.5%
Shares outstanding at period end
4,335m
4,502m
4,734m
-3.7%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
174,003
165,863
154,396
+4.9%
Non-controlling interest
6,492
5,797
6,348
+12.0%
Debt
7,534
8,525
9,322
-11.6%
Other liabilities
158,779
153,610
160,986
+3.4%
Total liabilities and equity
346,808
333,795
331,052
+3.9%
Fixed assets
243,650
226,949
214,664
+7.4%
Cash and equivalents
4,644
9,582
12,664
-51.5%
Receivables
25,993
28,373
30,044
-8.4%
Inventory
n/a
n/a
15,024
Other assets
72,521
68,891
58,656
+5.3%
Total assets
346,808
333,795
331,052
+3.9%
10-K for the year ended 31 December 2013, filed 26 February 2014: the filing.