Net Profit Margin
since 2005
Calculation
Marathon Oil Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 16.89% | = | 100 | × | 946) | ÷ | 5,601) |
| Dec 31, 2020 | -46.85% | = | 100 | × | (1,451) | ÷ | 3,097) |
| Dec 31, 2019 | 9.48% | = | 100 | × | 480) | ÷ | 5,063) |
| Dec 31, 2018 | 18.57% | = | 100 | × | 1,096) | ÷ | 5,902) |
| Dec 31, 2017 | -130.87% | = | 100 | × | (5,723) | ÷ | 4,373) |
| Dec 31, 2016 | -53.09% | = | 100 | × | (2,140) | ÷ | 4,031) |
| Dec 31, 2015 | -39.91% | = | 100 | × | (2,204) | ÷ | 5,522) |
| Dec 31, 2014 | 28.08% | = | 100 | × | 3,046) | ÷ | 10,846) |
| Dec 31, 2013 | 12.09% | = | 100 | × | 1,753) | ÷ | 14,501) |
| Dec 31, 2012 | 10.08% | = | 100 | × | 1,582) | ÷ | 15,688) |
| Dec 31, 2011 | 20.09% | = | 100 | × | 2,946) | ÷ | 14,663) |
| Dec 31, 2010 | 3.55% | = | 100 | × | 2,568) | ÷ | 72,321) |
| Dec 31, 2009 | 2.74% | = | 100 | × | 1,463) | ÷ | 53,470) |
| Dec 31, 2008 | 4.57% | = | 100 | × | 3,528) | ÷ | 77,193) |
| Dec 31, 2007 | 6.13% | = | 100 | × | 3,956) | ÷ | 64,552) |
| Dec 31, 2006 | 8.07% | = | 100 | × | 5,234) | ÷ | 64,896) |
| Dec 31, 2005 | 4.79% | = | 100 | × | 3,032) | ÷ | 63,311) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The net profit margin for the period between 2005 and 2021 is characterized by extreme volatility, transitioning from a phase of modest, consistent margins to a period of significant instability and severe losses.
- Early Stability and Structural Transition (2005-2014)
- From 2005 to 2010, the organization maintained relatively low but positive net profit margins, ranging from a low of 2.74% in 2009 to a peak of 8.07% in 2006. This period was marked by high revenue volumes, typically exceeding 50 billion USD. Starting in 2011, a significant shift is observed; while revenues declined sharply to approximately 14.6 billion USD, the net profit margin increased dramatically, reaching 28.08% by 2014. This inverse relationship between revenue and margin suggests a fundamental change in the operational structure or a divestment of low-margin business segments.
- Period of Critical Financial Decline (2015-2017)
- A period of severe financial distress occurred between 2015 and 2017. Net profit margins plummeted into negative territory, falling to -39.91% in 2015 and further deteriorating to -130.87% in 2017. During this window, net losses grew substantially, culminating in a 5.7 billion USD loss in 2017, which far exceeded the total revenues generated for that year.
- Recent Volatility and Recovery Cycles (2018-2021)
- The final phase of the analyzed period exhibits a pattern of sharp fluctuations. A recovery was observed in 2018 with a net profit margin of 18.57%, followed by a decline to 9.48% in 2019. This recovery was abruptly reversed in 2020, with the margin dropping to -46.85%, before rebounding again to 16.89% in 2021. These erratic movements indicate high sensitivity to external market pressures and instability in net income relative to revenue.
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Comparison to Competitors
Marathon Oil Corp., net profit margin, long-term trends, comparison to competitors
| Marathon Oil Corp. | Chevron Corp. | ConocoPhillips | ExxonMobil Holdings Corp. | |
|---|---|---|---|---|
| Dec 31, 2021 | 16.89% | 10.04% | 17.63% | 8.33% |
| Dec 31, 2020 | -46.85% | -5.87% | -14.38% | -12.57% |
| Dec 31, 2019 | 9.48% | 2.09% | 22.07% | 5.61% |
| Dec 31, 2018 | 18.57% | 9.33% | 17.18% | 7.46% |
| Dec 31, 2017 | -130.87% | 6.83% | -2.94% | 8.31% |
| Dec 31, 2016 | -53.09% | -0.45% | -15.26% | 3.59% |
| Dec 31, 2015 | -39.91% | 3.53% | -14.98% | 6.22% |
| Dec 31, 2014 | 28.08% | 9.60% | 13.08% | 8.25% |
| Dec 31, 2013 | 12.09% | 9.73% | 16.83% | 7.74% |
| Dec 31, 2012 | 10.08% | 11.35% | 14.54% | 9.90% |
| Dec 31, 2011 | 20.09% | 11.01% | 5.08% | 8.79% |
| Dec 31, 2010 | 3.55% | 9.60% | 6.00% | 8.23% |
| Dec 31, 2009 | 2.74% | 6.26% | 3.25% | 6.39% |
| Dec 31, 2008 | 4.57% | 9.03% | -7.06% | 9.84% |
| Dec 31, 2007 | 6.13% | 8.73% | 6.34% | 10.40% |
| Dec 31, 2006 | 8.07% | 8.36% | 8.47% | 10.81% |
| Dec 31, 2005 | 4.79% | 7.28% | 7.54% | 10.07% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Marathon Oil Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Marathon Oil Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2021 | 16.89% | 9.78% |
| Dec 31, 2020 | -46.85% | -10.51% |
| Dec 31, 2019 | 9.48% | 5.71% |
| Dec 31, 2018 | 18.57% | 8.83% |
| Dec 31, 2017 | -130.87% | 7.00% |
| Dec 31, 2016 | -53.09% | 1.06% |
| Dec 31, 2015 | -39.91% | 3.89% |
| Dec 31, 2014 | 28.08% | 9.06% |
| Dec 31, 2013 | 12.09% | 9.08% |
| Dec 31, 2012 | 10.08% | 10.72% |
| Dec 31, 2011 | 20.09% | 8.41% |
| Dec 31, 2010 | 3.55% | 8.03% |
| Dec 31, 2009 | 2.74% | 5.60% |
| Dec 31, 2008 | 4.57% | 5.40% |
| Dec 31, 2007 | 6.13% | 8.99% |
| Dec 31, 2006 | 8.07% | 9.57% |
| Dec 31, 2005 | 4.79% | 8.71% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Marathon Oil Corp., net profit margin, long-term trends, comparison to industry (energy)
| Marathon Oil Corp. | Energy | |
|---|---|---|
| Dec 31, 2021 | 16.89% | 9.70% |
| Dec 31, 2020 | -46.85% | -13.06% |
| Dec 31, 2019 | 9.48% | 3.11% |
| Dec 31, 2018 | 18.57% | 8.68% |
| Dec 31, 2017 | -130.87% | 6.15% |
| Dec 31, 2016 | -53.09% | 0.54% |
| Dec 31, 2015 | -39.91% | 4.04% |
| Dec 31, 2014 | 28.08% | 9.21% |
| Dec 31, 2013 | 12.09% | 9.44% |
| Dec 31, 2012 | 10.08% | 10.84% |
| Dec 31, 2011 | 20.09% | 8.58% |
| Dec 31, 2010 | 3.55% | 8.29% |
| Dec 31, 2009 | 2.74% | 5.89% |
| Dec 31, 2008 | 4.57% | 5.80% |
| Dec 31, 2007 | 6.13% | 9.37% |
| Dec 31, 2006 | 8.07% | 9.82% |
| Dec 31, 2005 | 4.79% | 8.84% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).