Marathon Oil Corp. operates in 2 segments: United States (U.S.) and International (Int’l).
Segment Profit Margin
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 23.94% | -18.91% | 14.67% | 12.44% | -4.78% |
International (Int’l) | 118.73% | 17.34% | 50.54% | 46.56% | 32.41% |
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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | United States (U.S.) | United States (U.S.) segment profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
International (Int’l) | International (Int’l) segment profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment Profit Margin: United States (U.S.)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Segment income (loss) | 1,277) | (553) | 675) | 608) | (148) |
Revenues from contracts with customers | 5,334) | 2,924) | 4,602) | 4,886) | 3,093) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 23.94% | -18.91% | 14.67% | 12.44% | -4.78% |
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).
1 2021 Calculation
Segment profit margin = 100 × Segment income (loss) ÷ Revenues from contracts with customers
= 100 × 1,277 ÷ 5,334 = 23.94%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | United States (U.S.) | United States (U.S.) segment profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment Profit Margin: International (Int’l)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Segment income (loss) | 317) | 30) | 233) | 473) | 374) |
Revenues from contracts with customers | 267) | 173) | 461) | 1,016) | 1,154) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 118.73% | 17.34% | 50.54% | 46.56% | 32.41% |
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).
1 2021 Calculation
Segment profit margin = 100 × Segment income (loss) ÷ Revenues from contracts with customers
= 100 × 317 ÷ 267 = 118.73%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | International (Int’l) | International (Int’l) segment profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment Return on Assets (Segment ROA)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 8.33% | -3.44% | 3.80% | 3.51% | -0.88% |
International (Int’l) | 31.89% | 2.78% | 15.23% | 22.71% | 8.90% |
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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | United States (U.S.) | United States (U.S.) segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
International (Int’l) | International (Int’l) segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment ROA: United States (U.S.)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Segment income (loss) | 1,277) | (553) | 675) | 608) | (148) |
Total assets | 15,339) | 16,063) | 17,781) | 17,321) | 16,863) |
Segment Profitability Ratio | |||||
Segment ROA1 | 8.33% | -3.44% | 3.80% | 3.51% | -0.88% |
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).
1 2021 Calculation
Segment ROA = 100 × Segment income (loss) ÷ Total assets
= 100 × 1,277 ÷ 15,339 = 8.33%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | United States (U.S.) | United States (U.S.) segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment ROA: International (Int’l)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Segment income (loss) | 317) | 30) | 233) | 473) | 374) |
Total assets | 994) | 1,081) | 1,530) | 2,083) | 4,201) |
Segment Profitability Ratio | |||||
Segment ROA1 | 31.89% | 2.78% | 15.23% | 22.71% | 8.90% |
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).
1 2021 Calculation
Segment ROA = 100 × Segment income (loss) ÷ Total assets
= 100 × 317 ÷ 994 = 31.89%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | International (Int’l) | International (Int’l) segment ROA deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment Asset Turnover
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 0.35 | 0.18 | 0.26 | 0.28 | 0.18 |
International (Int’l) | 0.27 | 0.16 | 0.30 | 0.49 | 0.27 |
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).
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | United States (U.S.) | United States (U.S.) segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
International (Int’l) | International (Int’l) segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |
Segment Asset Turnover: United States (U.S.)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenues from contracts with customers | 5,334) | 2,924) | 4,602) | 4,886) | 3,093) |
Total assets | 15,339) | 16,063) | 17,781) | 17,321) | 16,863) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.35 | 0.18 | 0.26 | 0.28 | 0.18 |
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).
1 2021 Calculation
Segment asset turnover = Revenues from contracts with customers ÷ Total assets
= 5,334 ÷ 15,339 = 0.35
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | United States (U.S.) | United States (U.S.) segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Segment Asset Turnover: International (Int’l)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenues from contracts with customers | 267) | 173) | 461) | 1,016) | 1,154) |
Total assets | 994) | 1,081) | 1,530) | 2,083) | 4,201) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.27 | 0.16 | 0.30 | 0.49 | 0.27 |
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).
1 2021 Calculation
Segment asset turnover = Revenues from contracts with customers ÷ Total assets
= 267 ÷ 994 = 0.27
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | International (Int’l) | International (Int’l) segment asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 not reaching 2019 level. |
Segment Capital Expenditures to Depreciation
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 0.52 | 0.51 | 1.13 | 1.18 | 1.03 |
International (Int’l) | 0.00 | 0.01 | 0.13 | 0.20 | 0.13 |
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).
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | United States (U.S.) | United States (U.S.) segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021. |
International (Int’l) | International (Int’l) segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Segment Capital Expenditures to Depreciation: United States (U.S.)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Capital expenditures | 1,018) | 1,137) | 2,550) | 2,620) | 2,081) |
Depreciation, depletion and amortization | 1,972) | 2,211) | 2,250) | 2,217) | 2,011) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.52 | 0.51 | 1.13 | 1.18 | 1.03 |
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).
1 2021 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation, depletion and amortization
= 1,018 ÷ 1,972 = 0.52
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | United States (U.S.) | United States (U.S.) segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 but then slightly improved from 2020 to 2021. |
Segment Capital Expenditures to Depreciation: International (Int’l)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Capital expenditures | —) | 1) | 16) | 39) | 42) |
Depreciation, depletion and amortization | 68) | 82) | 121) | 197) | 328) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.00 | 0.01 | 0.13 | 0.20 | 0.13 |
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).
1 2021 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation, depletion and amortization
= 0 ÷ 68 = 0.00
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | International (Int’l) | International (Int’l) segment capital expenditures to depreciation ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Revenues from contracts with customers
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 5,334) | 2,924) | 4,602) | 4,886) | 3,093) |
International (Int’l) | 267) | 173) | 461) | 1,016) | 1,154) |
Total | 5,601) | 3,097) | 5,063) | 5,902) | 4,247) |
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).
Depreciation, depletion and amortization
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 1,972) | 2,211) | 2,250) | 2,217) | 2,011) |
International (Int’l) | 68) | 82) | 121) | 197) | 328) |
Not allocated to segments | 26) | 23) | 26) | 27) | 33) |
Total | 2,066) | 2,316) | 2,397) | 2,441) | 2,372) |
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).
Segment income (loss)
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 1,277) | (553) | 675) | 608) | (148) |
International (Int’l) | 317) | 30) | 233) | 473) | 374) |
Not allocated to segments | (648) | (928) | (428) | 15) | (1,056) |
Total | 946) | (1,451) | 480) | 1,096) | (830) |
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).
Total assets
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 15,339) | 16,063) | 17,781) | 17,321) | 16,863) |
International (Int’l) | 994) | 1,081) | 1,530) | 2,083) | 4,201) |
Not allocated to segments | 661) | 812) | 934) | 1,917) | 948) |
Total | 16,994) | 17,956) | 20,245) | 21,321) | 22,012) |
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).
Capital expenditures
Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
---|---|---|---|---|---|
United States (U.S.) | 1,018) | 1,137) | 2,550) | 2,620) | 2,081) |
International (Int’l) | —) | 1) | 16) | 39) | 42) |
Not allocated to segments | 14) | 13) | 25) | 26) | 27) |
Total | 1,032) | 1,151) | 2,591) | 2,685) | 2,150) |
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).