Marathon Oil (Marathon Oil) Net Margin %

: 25.05% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Marathon Oil's Net Income for the three months ended in Dec. 2023 was $397 Mil. Marathon Oil's Revenue for the three months ended in Dec. 2023 was $1,585 Mil. Therefore, Marathon Oil's net margin for the quarter that ended in Dec. 2023 was 25.05%.

The historical rank and industry rank for Marathon Oil's Net Margin % or its related term are showing as below:

MRO' s Net Margin % Range Over the Past 10 Years
Min: -129.8 Med: 13.19 Max: 47.9
Current: 24.26

MRO's Net Margin % is ranked better than
80.8% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs MRO: 24.26

Marathon Oil Net Margin % Historical Data

The historical data trend for Marathon Oil's Net Margin % 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

9.48

-46.85

16.89

47.90

24.25

Marathon Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																32.75	26.61	19.34	25.58	25.05

Competitive Comparison

For the Oil & Gas E&P subindustry, Marathon Oil's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Marathon Oil's Net Margin % distribution charts can be found below:

* The bar in red indicates where Marathon Oil's Net Margin % falls into.

Marathon Oil Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Marathon Oil's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1554	/	6407
	=	24.25 %

Marathon Oil's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	397	/	1585
	=	25.05 %

Marathon Oil (NYSE:MRO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Marathon Oil Net Margin % Related Terms

Thank you for viewing the detailed overview of Marathon Oil's Net Margin % 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 » Net Margin %

Comparable Companies

Traded in Other Exchanges

MRO:Mexico USS:Germany USS:Germany M1RO34:Brazil

Address

990 Town and Country Boulevard, Houston, TX, USA, 77024-2217

Website

https://www.marathonoil.com

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