Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

This company has been moved to the archive! The financial data has not been updated since August 4, 2022.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Marathon Oil Corp., profitability ratios (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Return on Sales
Operating profit margin 44.87% 32.27% 23.35% 6.80% -6.73% -33.17% -38.10% -24.43% -9.46% 11.87% 12.56% 19.77% 22.11% 20.95% 28.24% 24.48% 11.31% 7.66% -3.04%
Net profit margin 43.71% 34.81% 16.89% -0.87% -13.50% -40.25% -46.85% -32.30% -16.29% 5.32% 9.48% 17.08% 17.80% 16.42% 18.57% 11.79% -3.26% -8.33% -130.87%
Return on Investment
Return on equity (ROE) 26.91% 18.94% 8.85% -0.38% -5.10% -12.26% -13.74% -10.40% -5.83% 2.17% 3.95% 7.25% 8.09% 7.49% 9.04% 5.63% -1.44% -3.41% -48.88%
Return on assets (ROA) 16.97% 11.97% 5.57% -0.24% -3.04% -7.17% -8.08% -6.07% -3.51% 1.32% 2.37% 4.37% 4.60% 4.27% 5.14% 3.11% -0.80% -1.90% -26.00%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Marathon Oil Corp. operating profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Marathon Oil Corp. net profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Marathon Oil Corp. ROE improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
ROA A profitability ratio calculated as net income divided by total assets. Marathon Oil Corp. ROA improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Operating Profit Margin

Marathon Oil Corp., operating profit margin calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Income (loss) from operations 1,294 805 739 347 105 117 (250) (242) (703) 15 73 237 255 71 467 423 205 572 208 (377) (26) 62
Revenues 2,168 1,761 1,732 1,438 1,254 1,177 822 761 490 1,024 1,233 1,249 1,381 1,200 1,380 1,538 1,447 1,537 1,230 1,162 993 988
Profitability Ratio
Operating profit margin1 44.87% 32.27% 23.35% 6.80% -6.73% -33.17% -38.10% -24.43% -9.46% 11.87% 12.56% 19.77% 22.11% 20.95% 28.24% 24.48% 11.31% 7.66% -3.04%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. 19.86% 16.73% 14.81% 11.53% 6.49% -7.90% -6.22% -13.16% -8.42% 5.08% 4.83%
ConocoPhillips 37.07% 36.63% 29.84% 22.86% 14.26% 4.66% -12.74% 0.02% 16.39% 20.41% 32.04%
Exxon Mobil Corp. 15.93% 12.25% 11.91% -2.07% -6.88% -12.46% -14.85% 3.17% 5.30% 7.05% 8.66%
Marathon Petroleum Corp. 8.25% 4.29% 3.58% 2.84% 0.59% 0.18% -17.55% -14.23% -9.03% -6.15% 4.50%
Occidental Petroleum Corp. 34.71% 25.87% 17.59% 4.22% -23.09% -79.26% -79.89% -69.22% -47.38% -5.23% 3.17%
Pioneer Natural Resources Co. 34.65% 27.35% 18.56% 16.58% 8.87% -0.36% 2.69% 8.05% 11.56% 14.91% 16.09%
Valero Energy Corp. 6.36% 3.17% 1.87% 0.07% -1.54% 0.05% -2.43% 0.83% 2.43% 1.18% 3.54%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
Operating profit margin = 100 × (Income (loss) from operationsQ2 2022 + Income (loss) from operationsQ1 2022 + Income (loss) from operationsQ4 2021 + Income (loss) from operationsQ3 2021) ÷ (RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021)
= 100 × (1,294 + 805 + 739 + 347) ÷ (2,168 + 1,761 + 1,732 + 1,438) = 44.87%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Marathon Oil Corp. operating profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Net Profit Margin

Marathon Oil Corp., net profit margin calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) 966 1,304 649 184 16 97 (338) (317) (750) (46) (20) 165 161 174 390 254 96 356 (28) (599) (139) (4,957)
Revenues 2,168 1,761 1,732 1,438 1,254 1,177 822 761 490 1,024 1,233 1,249 1,381 1,200 1,380 1,538 1,447 1,537 1,230 1,162 993 988
Profitability Ratio
Net profit margin1 43.71% 34.81% 16.89% -0.87% -13.50% -40.25% -46.85% -32.30% -16.29% 5.32% 9.48% 17.08% 17.80% 16.42% 18.57% 11.79% -3.26% -8.33% -130.87%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. 14.09% 11.60% 10.04% 7.36% 3.09% -8.10% -5.87% -11.02% -7.57% 2.86% 2.09%
ConocoPhillips 24.34% 23.91% 17.63% 12.93% 6.33% 0.09% -14.38% -5.76% 9.43% 12.23% 22.07%
Exxon Mobil Corp. 11.06% 8.40% 8.33% -2.45% -6.21% -10.55% -12.57% 1.70% 3.35% 4.57% 5.61%
Marathon Petroleum Corp. 5.13% 8.00% 8.12% 9.01% 8.74% -1.19% -14.08% -11.66% -7.96% -5.59% 2.13%
Occidental Petroleum Corp. 32.60% 25.31% 8.95% -1.47% -24.23% -78.62% -83.28% -74.55% -56.15% -14.39% -3.27%
Pioneer Natural Resources Co. 26.12% 20.03% 11.85% 9.77% 2.39% -6.94% -2.85% 1.32% 5.09% 7.39% 7.82%
Valero Energy Corp. 4.54% 1.93% 0.82% -0.46% -1.69% -0.43% -2.19% 0.00% 1.22% 0.41% 2.24%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
Net profit margin = 100 × (Net income (loss)Q2 2022 + Net income (loss)Q1 2022 + Net income (loss)Q4 2021 + Net income (loss)Q3 2021) ÷ (RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021)
= 100 × (966 + 1,304 + 649 + 184) ÷ (2,168 + 1,761 + 1,732 + 1,438) = 43.71%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Marathon Oil Corp. net profit margin ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Return on Equity (ROE)

Marathon Oil Corp., ROE calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) 966 1,304 649 184 16 97 (338) (317) (750) (46) (20) 165 161 174 390 254 96 356 (28) (599) (139) (4,957)
Stockholders’ equity 11,532 11,366 10,686 10,796 10,634 10,671 10,561 10,892 11,175 11,958 12,153 12,271 12,101 12,208 12,128 12,044 12,132 12,034 11,708 11,775 12,405 12,584
Profitability Ratio
ROE1 26.91% 18.94% 8.85% -0.38% -5.10% -12.26% -13.74% -10.40% -5.83% 2.17% 3.95% 7.25% 8.09% 7.49% 9.04% 5.63% -1.44% -3.41% -48.88%
Benchmarks
ROE, Competitors2
Chevron Corp. 18.92% 14.02% 11.24% 7.29% 2.69% -5.89% -4.21% -8.72% -6.49% 2.69% 2.03%
ConocoPhillips 31.69% 26.12% 17.79% 10.61% 4.18% 0.05% -9.05% -3.93% 7.29% 11.55% 20.55%
Exxon Mobil Corp. 21.97% 15.24% 13.67% -3.67% -8.41% -12.17% -14.28% 1.87% 3.98% 6.25% 7.48%
Marathon Petroleum Corp. 31.12% 45.16% 37.16% 32.71% 26.52% -3.86% -44.26% -43.06% -32.38% -27.36% 7.83%
Occidental Petroleum Corp. 39.51% 29.49% 11.42% -1.73% -25.93% -70.84% -79.85% -74.81% -51.73% -10.58% -1.95%
Pioneer Natural Resources Co. 26.01% 17.73% 9.27% 6.03% 1.18% -3.09% -1.73% 0.87% 3.55% 5.71% 6.24%
Valero Energy Corp. 33.72% 13.49% 5.05% -2.51% -7.73% -1.54% -7.56% -0.01% 5.40% 2.28% 11.11%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
ROE = 100 × (Net income (loss)Q2 2022 + Net income (loss)Q1 2022 + Net income (loss)Q4 2021 + Net income (loss)Q3 2021) ÷ Stockholders’ equity
= 100 × (966 + 1,304 + 649 + 184) ÷ 11,532 = 26.91%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Marathon Oil Corp. ROE improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Return on Assets (ROA)

Marathon Oil Corp., ROA calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Net income (loss) 966 1,304 649 184 16 97 (338) (317) (750) (46) (20) 165 161 174 390 254 96 356 (28) (599) (139) (4,957)
Total assets 18,286 17,981 16,994 17,161 17,800 18,233 17,956 18,663 18,567 19,715 20,245 20,373 21,282 21,410 21,321 21,778 21,871 21,634 22,012 22,947 24,241 24,537
Profitability Ratio
ROA1 16.97% 11.97% 5.57% -0.24% -3.04% -7.17% -8.08% -6.07% -3.51% 1.32% 2.37% 4.37% 4.60% 4.27% 5.14% 3.11% -0.80% -1.90% -26.00%
Benchmarks
ROA, Competitors2
Chevron Corp. 11.26% 8.23% 6.52% 4.13% 1.48% -3.21% -2.31% -5.15% -3.89% 1.64% 1.23%
ConocoPhillips 16.98% 13.78% 8.91% 5.36% 2.17% 0.02% -4.31% -1.91% 3.64% 5.56% 10.20%
Exxon Mobil Corp. 10.59% 7.27% 6.80% -1.75% -3.95% -5.72% -6.74% 0.93% 1.98% 3.20% 3.95%
Marathon Petroleum Corp. 8.46% 11.90% 11.41% 10.36% 8.13% -0.96% -11.54% -11.51% -9.09% -7.63% 2.68%
Occidental Petroleum Corp. 14.82% 9.89% 3.09% -0.43% -5.92% -16.34% -18.52% -17.60% -13.50% -3.26% -0.61%
Pioneer Natural Resources Co. 16.59% 11.39% 5.75% 3.72% 0.73% -1.85% -1.04% 0.53% 2.33% 3.66% 3.96%
Valero Energy Corp. 10.99% 4.20% 1.61% -0.80% -2.46% -0.51% -2.74% 0.00% 2.18% 0.90% 4.50%

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
ROA = 100 × (Net income (loss)Q2 2022 + Net income (loss)Q1 2022 + Net income (loss)Q4 2021 + Net income (loss)Q3 2021) ÷ Total assets
= 100 × (966 + 1,304 + 649 + 184) ÷ 18,286 = 16.97%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Marathon Oil Corp. ROA improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.