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Exxon Mobil Corporation (NYSE:XOM)
Enterprise Value
$364,992 Mil (As of Today)

Think of enterprise value as the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Exxon Mobil Corporation's enterprise value is $364,992 Mil. Exxon Mobil Corporation's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $43,346 Mil. Therefore, Exxon Mobil Corporation's EV/EBIT ratio for today is 8.42.

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Exxon Mobil Corporation's enterprise value is $364,992 Mil. Exxon Mobil Corporation's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2015 was $60,751 Mil. Therefore, Exxon Mobil Corporation's EV/EBITDA ratio for today is 6.01.

EV/Revenue ratio is calculated as enterprise value divided by its Revenue. As of today, Exxon Mobil Corporation's enterprise value is $364,992 Mil. Exxon Mobil Corporation's revenue for the trailing twelve months (TTM) ended in Mar. 2015 was $372,784 Mil. Therefore, Exxon Mobil Corporation's EV/Revenue ratio for today is 0.98.


Definition

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

Exxon Mobil Corporation's Enterprise Value for the fiscal year that ended in Dec. 2014 is calculated as

Enterprise Value (A: Dec. 2014 )
=Market Cap+Preferred Stock+Long-Term Debt
=388382.45+0+11653
+Short-Term Debt Without Lease+Minority Interest-Cash and Cash Equivalents
+16995+6665-4616
=419,079

Exxon Mobil Corporation's Enterprise Value for the quarter that ended in Mar. 2015 is calculated as

Enterprise Value (Q: Mar. 2015 )
=Market Cap+Preferred Stock+Long-Term Debt
=355394.35+0+19494
+Short-Term Debt Without Lease+Minority Interest-Cash and Cash Equivalents
+13277+6219-5184
=389,200

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of enterprise value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV/EBIT ratio is calculated as enterprise value divided by its EBIT.

Exxon Mobil Corporation's EV/EBIT for today is

Exxon Mobil Corporation's current Enterprise Value is $364,992 Mil.
Exxon Mobil Corporation's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 14215 (Jun. 2014 ) + 13498 (Sep. 2014 ) + 8910 (Dec. 2014 ) + 6723 (Mar. 2015 ) = $43,346 Mil.

2. EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA.

Exxon Mobil Corporation's EV/EBITDA for today is:

Exxon Mobil Corporation's current Enterprise Value is $364,992 Mil.
Exxon Mobil Corporation's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2015 was 18500 (Jun. 2014 ) + 17860 (Sep. 2014 ) + 13368 (Dec. 2014 ) + 11023 (Mar. 2015 ) = $60,751 Mil.

3. EV/Revenue ratio is calculated as enterprise value divided by its Revenue.

Exxon Mobil Corporation's EV/Revenue for today is:

EV/Revenue ratio=Enterprise Value (Today)/Revenue (TTM)
=364991.588/372784
=0.98

Exxon Mobil Corporation's current Enterprise Value is $364,992 Mil.
Exxon Mobil Corporation's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2015 was 111647 (Jun. 2014 ) + 107490 (Sep. 2014 ) + 86029 (Dec. 2014 ) + 67618 (Mar. 2015 ) = $372,784 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Market Cap, Preferred Stock, Long-Term Debt, Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Exxon Mobil Corporation Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev 323,811422,611483,588388,043325,900376,561411,971396,781462,526419,079

Exxon Mobil Corporation Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev 396,781413,937418,376398,083462,526441,733452,027422,038419,079389,200
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