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Marathon Oil (Marathon Oil) Cyclically Adjusted Revenue per Share : $9.16 (As of Dec. 2023)


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What is Marathon Oil Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Marathon Oil's adjusted revenue per share for the three months ended in Dec. 2023 was $2.714. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $9.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marathon Oil's average Cyclically Adjusted Revenue Growth Rate was -8.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -15.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -21.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Marathon Oil was 16.50% per year. The lowest was -30.70% per year. And the median was -3.20% per year.

As of today (2024-04-27), Marathon Oil's current stock price is $27.77. Marathon Oil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.16. Marathon Oil's Cyclically Adjusted PS Ratio of today is 3.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marathon Oil was 3.34. The lowest was 0.13. And the median was 0.57.


Marathon Oil Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Marathon Oil's Cyclically Adjusted Revenue per Share 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.

Marathon Oil Cyclically Adjusted Revenue per Share Chart

Marathon Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.99 11.43 10.42 10.03 9.16

Marathon Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.03 9.76 9.55 9.37 9.16

Competitive Comparison of Marathon Oil's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, Marathon Oil's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Oil's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Oil's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Oil's Cyclically Adjusted PS Ratio falls into.



Marathon Oil Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Marathon Oil's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.714/129.4194*129.4194
=2.714

Current CPI (Dec. 2023) = 129.4194.

Marathon Oil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.865 99.695 5.017
201406 4.253 100.560 5.474
201409 4.233 100.428 5.455
201412 3.526 99.070 4.606
201503 2.199 99.621 2.857
201506 2.201 100.684 2.829
201509 2.044 100.392 2.635
201512 0.409 99.792 0.530
201603 0.838 100.470 1.079
201606 0.897 101.688 1.142
201609 1.017 101.861 1.292
201612 1.180 101.863 1.499
201703 1.068 102.862 1.344
201706 1.102 103.349 1.380
201709 1.393 104.136 1.731
201712 1.625 104.011 2.022
201803 1.804 105.290 2.217
201806 1.692 106.317 2.060
201809 1.812 106.507 2.202
201812 1.665 105.998 2.033
201903 1.463 107.251 1.765
201906 1.697 108.070 2.032
201909 1.555 108.329 1.858
201912 1.539 108.420 1.837
202003 1.290 108.902 1.533
202006 0.620 108.767 0.738
202009 0.963 109.815 1.135
202012 1.038 109.897 1.222
202103 1.492 111.754 1.728
202106 1.589 114.631 1.794
202109 1.823 115.734 2.039
202112 2.223 117.630 2.446
202203 2.406 121.301 2.567
202206 3.075 125.017 3.183
202209 2.988 125.227 3.088
202212 2.509 125.222 2.593
202303 2.491 127.348 2.532
202306 2.413 128.729 2.426
202309 2.932 129.860 2.922
202312 2.714 129.419 2.714

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Marathon Oil  (NYSE:MRO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Marathon Oil's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.77/9.16
=3.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marathon Oil was 3.34. The lowest was 0.13. And the median was 0.57.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Marathon Oil Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Marathon Oil's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Oil (Marathon Oil) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Oil Corp (NYSE:MRO) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
Executives
Dane E Whitehead officer: Executive VP and CFO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Michael A Henderson officer: Senior VP, Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Patrick Wagner officer: See Remarks 1401 MC KINNEY ST., SUITE 2400, HOUSTON TX 77010
Lee M Tillman director, officer: President and CEO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Rob L. White officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 990 TOWN & COUNTRY BOULEVARD, HOUSTON TX 77024
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mark A Mccollum director 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77002
Kimberly O. Warnica officer: Senior VP & General Counsel 505 TRAILS END, HOUSTON TX 77024
Gary Eugene Wilson officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Brent J Smolik director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
James Kent Wells director 1700 LINCOLN STREET, SUITE 2800, DENVER CO 80203-4535
Jason Few director 2201 COLQUITT STREET, HOUSTON TX 77098
Thomas Mitchell Little officer: Executive VP - Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
M Elise Hyland director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222

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