Exxon Mobil (NYSE:XOM) Retained Earnings

: $423,877 Mil (As of Sep. 2022)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Exxon Mobil's retained earnings for the quarter that ended in Sep. 2022 was $423,877 Mil.

Exxon Mobil's quarterly retained earnings increased from Mar. 2022 ($393,779 Mil) to Jun. 2022 ($407,902 Mil) and increased from Jun. 2022 ($407,902 Mil) to Sep. 2022 ($423,877 Mil).

Exxon Mobil's annual retained earnings declined from Dec. 2019 ($421,341 Mil) to Dec. 2020 ($383,943 Mil) but then increased from Dec. 2020 ($383,943 Mil) to Dec. 2021 ($392,059 Mil).

Exxon Mobil Retained Earnings Historical Data

The historical data trend for Exxon Mobil's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Exxon Mobil Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

414,540.00

421,653.00

421,341.00

383,943.00

392,059.00

Exxon Mobil Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Retained Earnings																386,952.00	392,059.00	393,779.00	407,902.00	423,877.00

Exxon Mobil Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Exxon Mobil (NYSE:XOM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Exxon Mobil (NYSE:XOM) Business Description

Industry

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Address

5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298

Website

https://www.exxonmobil.com

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2021, reserves were 18.5 billion barrels of oil equivalent, 66% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals.

Executives

Talley Darrin L	officer: Vice President	5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Ubben Jeffrey W	director	1170 GORGAS AVENUE SAN FRANCISCO CA 94129
Mikells Kathryn A	officer: Senior Vice President	77 W. WACKER DRIVE CHICAGO IL 60601
Karsner Alexander	director	C/O APPLIED MATERIALS, INC. 3050 BOWERS AVENUE, P.O. BOX 58039 SANTA CLARA CA 95052-8039
Goff Gregory James	director	19100 RIDGEWOOD PARKWAY SAN ANTONIO TX 78259
Hietala Kaisa	director	5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION 5959 LAS COLINAS BOULEVARD TX 75039-2298
Gibbs Jon M.	officer: Executive Officer	5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Fox Leonard M.	officer: Vice President and Controller	5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Angelakis Michael J	director	40 MORRIS AVENUE BRYN MAWR PA 19010
Zulkiflee Wan	director	5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Morford Craig S	officer: Vice President & Gen. Counsel	CARDINAL HEALTH, INC. 7000 CARDINAL PLACE DUBLIN OH 43017
Carr Ian S	officer: Vice President	5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Littleton Stephen A	officer: Vice President and Secretary	5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Hooley Joseph L	director	STATE STREET CORPORATION ONE LINCOLN STREET BOSTON MA 02111
Mckee Karen T	officer: Vice President	5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298