ExxonMobil Holdings (XOM) FY2017 results: revenue $244.4 billion, up 21.8% on the year
ExxonMobil Holdings Corp. (XOM) reported revenue of $244.4 billion for fiscal 2017, the year ended 31 December 2017, up 21.8% on the year before. Net income was $19.7 billion, up 151.4%, and diluted earnings per share $4.63. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2018.
Revenue
$244.4 billion
+21.8% on the year
FY2010FY2017
Operating margin
7.6%
0.2% a year earlier
FY2010FY2017
Net income
$19.7 billion
+151.4% on the year
FY2010FY2017
Diluted EPS
$4.63
+146.3% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
244,363
200,628
239,854
+21.8%
Research and development
1,063
1,058
1,008
+0.5%
Selling, general and administrative
10,649
10,443
11,501
+2.0%
Operating income
18,674
483
12,572
+3,766.3%
Operating margin
7.6%
0.2%
5.2%
Interest expense
601
453
311
+32.7%
Pre-tax income
18,674
7,969
21,966
+134.3%
Income tax
-1,174
-406
5,415
Effective tax rate
-6.3%
-5.1%
24.7%
Net income
19,710
7,840
16,150
+151.4%
Net margin
8.1%
3.9%
6.7%
Diluted EPS
$4.63
$1.88
$3.85
+146.3%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
30,066
22,082
30,344
+36.2%
Capital expenditure
15,402
16,163
26,490
-4.7%
Free cash flow
14,664
5,919
3,854
+147.7%
Free cash flow margin
6.0%
3.0%
1.6%
Cash from investing
-15,730
-12,403
-23,824
Cash from financing
-15,130
-9,293
-7,037
Depreciation and amortisation
19,893
22,308
18,048
-10.8%
Buybacks
747
977
4,039
-23.5%
Dividends paid
13,001
12,453
12,090
+4.4%
Dividend per share
$3.06
$2.98
$2.88
+2.7%
Diluted shares, weighted
4,256m
4,177m
4,196m
+1.9%
Shares outstanding at period end
4,239m
4,148m
4,156m
+2.2%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
187,688
167,325
170,811
+12.2%
Non-controlling interest
6,812
6,505
5,999
+4.7%
Debt
27,866
30,660
19,258
-9.1%
Other liabilities
126,325
125,824
140,690
+0.4%
Total liabilities and equity
348,691
330,314
336,758
+5.6%
Fixed assets
252,630
244,224
251,605
+3.4%
Cash and equivalents
3,177
3,657
3,705
-13.1%
Receivables
21,274
16,033
13,243
+32.7%
Other assets
71,610
66,400
68,205
+7.8%
Total assets
348,691
330,314
336,758
+5.6%
10-K for the year ended 31 December 2017, filed 28 February 2018: the filing.