XOM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
XOM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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).
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.
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.
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 |
From GuruFocus
By insider 02-08-2022
By Business Wire 01-28-2022
By insider 01-27-2022
Other Sources
By Zacks 2022-03-24
By Zacks 2022-03-24
By Zacks 2022-03-31
By tipranks.com 2022-03-29
By Fool 2022-03-23
By tipranks.com 2022-03-24
By Zacks 2022-03-30
By Zacks 2022-04-01
By Zacks 2022-03-25
By Zacks 2022-04-01
By Zacks 2022-03-25
By Zacks 2022-03-29
By Zacks 2022-03-24
By Zacks 2022-03-29
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.