ExxonMobil Holdings (XOM) FY2016 results: revenue $200.6 billion, down 16.4% on the year
ExxonMobil Holdings Corp. (XOM) reported revenue of $200.6 billion for fiscal 2016, the year ended 31 December 2016, down 16.4% on the year before. Net income was $7.8 billion, down 51.5%, and diluted earnings per share $1.88. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2017.
Revenue
$200.6 billion
-16.4% on the year
FY2009FY2016
Operating margin
0.2%
5.2% a year earlier
FY2009FY2016
Net income
$7.8 billion
-51.5% on the year
FY2009FY2016
Diluted EPS
$1.88
-51.2% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
200,628
239,854
394,105
-16.4%
Research and development
1,058
1,008
971
+5.0%
Selling, general and administrative
10,443
11,501
12,598
-9.2%
Operating income
483
12,572
33,796
-96.2%
Operating margin
0.2%
5.2%
8.6%
Interest expense
453
311
286
+45.7%
Pre-tax income
7,969
21,966
51,630
-63.7%
Income tax
-406
5,415
18,015
Effective tax rate
-5.1%
24.7%
34.9%
Net income
7,840
16,150
32,520
-51.5%
Net margin
3.9%
6.7%
8.3%
Diluted EPS
$1.88
$3.85
$7.60
-51.2%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
22,082
30,344
n/a
-27.2%
Capital expenditure
16,163
26,490
32,952
-39.0%
Free cash flow
5,919
3,854
n/a
+53.6%
Free cash flow margin
3.0%
1.6%
n/a
Cash from investing
-12,403
-23,824
n/a
Cash from financing
-9,293
-7,037
n/a
Depreciation and amortisation
22,308
18,048
17,297
+23.6%
Buybacks
977
4,039
13,183
-75.8%
Dividends paid
12,453
12,090
11,568
+3.0%
Dividend per share
$2.98
$2.88
$2.70
+3.5%
Diluted shares, weighted
4,177m
4,196m
4,282m
-0.5%
Shares outstanding at period end
4,148m
4,156m
4,201m
-0.2%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
167,325
170,811
174,399
-2.0%
Non-controlling interest
6,505
5,999
6,665
+8.4%
Debt
30,660
19,258
12,070
+59.2%
Other liabilities
125,824
140,690
156,359
-10.6%
Total liabilities and equity
330,314
336,758
349,493
-1.9%
Fixed assets
244,224
251,605
252,668
-2.9%
Cash and equivalents
3,657
3,705
4,616
-1.3%
Receivables
16,033
13,243
18,541
+21.1%
Other assets
66,400
68,205
73,668
-2.6%
Total assets
330,314
336,758
349,493
-1.9%
10-K for the year ended 31 December 2016, filed 22 February 2017: the filing.