Marathon Historical Income Statement

MRO Stock

USD 28.55 0.37 1.28%

Historical analysis of Marathon Oil income statement accounts such as Gross Profit of 3.6 B can show how well Marathon Oil performed in making a profits. Evaluating Marathon Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Marathon Oil's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Marathon Oil latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Marathon Oil is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.

About Marathon Income Statement Analysis

Marathon Oil Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Marathon Oil shareholders. The income statement also shows Marathon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Marathon Oil Income Statement Chart

At this time, Marathon Oil's Minority Interest is very stable compared to the past year. As of the 26th of November 2024, Net Income From Continuing Ops is likely to grow to about 1.8 B, while Depreciation And Amortization is likely to drop about 1.9 B.

Total Revenue Other Operating Expenses Cost Of Revenue Total Operating Expenses

Total Revenue

Total revenue comprises all receipts Marathon Oil generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Marathon Oil. It is also known as Marathon Oil overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Marathon Oil income statement and represents the costs associated with goods and services Marathon Oil provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Marathon Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Marathon Oil current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.At this time, Marathon Oil's Minority Interest is very stable compared to the past year. As of the 26th of November 2024, Net Income From Continuing Ops is likely to grow to about 1.8 B, while Depreciation And Amortization is likely to drop about 1.9 B.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	757M	867M	673M	639.4M
Cost Of Revenue	3.3B	3.2B	3.7B	3.5B

Total Operating Expenses Cost Of Revenue

Marathon Oil income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.59	-0.16	-0.02	-0.15	-0.07	-0.38	-0.24	-0.28	0.4	-0.12	0.16	-0.14	0.16	0.55	-0.6	0.22	-0.42	0.62	0.35	0.02	-0.16	0.2	-0.13	0.4
Interest Expense	0.59		-0.68	-0.39	-0.7	-0.32	-0.52	-0.43	-0.72	-0.31	-0.34	0.07	-0.45	-0.22	0.16	-0.77	-0.34	-0.43	0.11	0.37	-0.59	0.6	-0.53	-0.02	-0.15
Total Revenue	-0.16	-0.68		0.82	0.86	0.79	0.66	0.65	0.83	0.63	0.74	-0.08	0.54	0.75	0.46	0.42	0.78	0.54	0.19	-0.34	0.93	-0.76	0.65	-0.42	0.22
Gross Profit	-0.02	-0.39	0.82		0.45	0.94	0.86	0.9	0.37	0.54	0.96	-0.09	0.68	0.83	0.44	-0.08	0.5	0.75	0.0	-0.5	0.64	-0.49	0.35	-0.18	-0.11
Other Operating Expenses	-0.15	-0.7	0.86	0.45		0.43	0.25	0.23	0.98	0.65	0.31	-0.07	0.25	0.47	0.47	0.67	0.86	0.14	0.42	-0.17	0.94	-0.81	0.77	-0.58	0.47
Operating Income	-0.07	-0.32	0.79	0.94	0.43		0.82	0.85	0.38	0.41	0.95	-0.18	0.59	0.86	0.4	-0.08	0.49	0.71	-0.09	-0.42	0.62	-0.34	0.28	-0.29	-0.08
Ebit	-0.38	-0.52	0.66	0.86	0.25	0.82		0.99	0.23	0.22	0.88	-0.28	0.71	0.59	-0.02	-0.01	0.17	0.86	-0.35	-0.67	0.39	-0.28	0.18	0.06	-0.41
Ebitda	-0.24	-0.43	0.65	0.9	0.23	0.85	0.99		0.19	0.28	0.91	-0.28	0.72	0.64	0.08	-0.12	0.2	0.84	-0.28	-0.65	0.4	-0.31	0.21	0.03	-0.39
Cost Of Revenue	-0.28	-0.72	0.83	0.37	0.98	0.38	0.23	0.19		0.48	0.27	-0.05	0.22	0.41	0.35	0.76	0.79	0.16	0.3	-0.09	0.89	-0.74	0.71	-0.55	0.43
Total Operating Expenses	0.4	-0.31	0.63	0.54	0.65	0.41	0.22	0.28	0.48		0.31	-0.1	0.24	0.5	0.71	0.04	0.75	0.03	0.68	-0.38	0.72	-0.72	0.67	-0.46	0.43
Income Before Tax	-0.12	-0.34	0.74	0.96	0.31	0.95	0.88	0.91	0.27	0.31		-0.02	0.7	0.8	0.28	-0.1	0.35	0.84	-0.22	-0.4	0.51	-0.31	0.16	-0.05	-0.21
Total Other Income Expense Net	0.16	0.07	-0.08	-0.09	-0.07	-0.18	-0.28	-0.28	-0.05	-0.1	-0.02		-0.01	0.02	0.01	0.04	-0.05	-0.07	-0.17	0.5	-0.05	0.05	-0.27	0.15	0.42
Net Income	-0.14	-0.45	0.54	0.68	0.25	0.59	0.71	0.72	0.22	0.24	0.7	-0.01		0.31	0.14	-0.04	0.25	0.81	-0.24	-0.4	0.37	-0.34	0.19	0.18	-0.33
Income Tax Expense	0.16	-0.22	0.75	0.83	0.47	0.86	0.59	0.64	0.41	0.5	0.8	0.02	0.31		0.5	-0.05	0.64	0.35	0.1	-0.2	0.67	-0.41	0.4	-0.38	0.24
Selling General Administrative	0.55	0.16	0.46	0.44	0.47	0.4	-0.02	0.08	0.35	0.71	0.28	0.01	0.14	0.5		-0.2	0.76	-0.05	0.66	-0.02	0.6	-0.47	0.43	-0.65	0.26
Minority Interest	-0.6	-0.77	0.42	-0.08	0.67	-0.08	-0.01	-0.12	0.76	0.04	-0.1	0.04	-0.04	-0.05	-0.2		0.29	0.01	0.01	0.09	0.45	-0.42	0.41	-0.08	0.32
Discontinued Operations	0.22	-0.34	0.78	0.5	0.86	0.49	0.17	0.2	0.79	0.75	0.35	-0.05	0.25	0.64	0.76	0.29		0.01	0.55	-0.12	0.91	-0.69	0.72	-0.68	0.46
Net Income From Continuing Ops	-0.42	-0.43	0.54	0.75	0.14	0.71	0.86	0.84	0.16	0.03	0.84	-0.07	0.81	0.35	-0.05	0.01	0.01		-0.44	-0.45	0.25	-0.17	-0.06	0.23	-0.51
Non Recurring	0.62	0.11	0.19	0.0	0.42	-0.09	-0.35	-0.28	0.3	0.68	-0.22	-0.17	-0.24	0.1	0.66	0.01	0.55	-0.44		0.17	0.38	-0.58	0.58	-0.44	0.45
Non Operating Income Net Other	0.35	0.37	-0.34	-0.5	-0.17	-0.42	-0.67	-0.65	-0.09	-0.38	-0.4	0.5	-0.4	-0.2	-0.02	0.09	-0.12	-0.45	0.17		-0.21	0.09	-0.09	0.14	0.42
Selling And Marketing Expenses	0.02	-0.59	0.93	0.64	0.94	0.62	0.39	0.4	0.89	0.72	0.51	-0.05	0.37	0.67	0.6	0.45	0.91	0.25	0.38	-0.21		-0.82	0.78	-0.57	0.43
Tax Provision	-0.16	0.6	-0.76	-0.49	-0.81	-0.34	-0.28	-0.31	-0.74	-0.72	-0.31	0.05	-0.34	-0.41	-0.47	-0.42	-0.69	-0.17	-0.58	0.09	-0.82		-0.9	0.29	-0.4
Interest Income	0.2	-0.53	0.65	0.35	0.77	0.28	0.18	0.21	0.71	0.67	0.16	-0.27	0.19	0.4	0.43	0.41	0.72	-0.06	0.58	-0.09	0.78	-0.9		-0.33	0.44
Net Interest Income	-0.13	-0.02	-0.42	-0.18	-0.58	-0.29	0.06	0.03	-0.55	-0.46	-0.05	0.15	0.18	-0.38	-0.65	-0.08	-0.68	0.23	-0.44	0.14	-0.57	0.29	-0.33		-0.35
Reconciled Depreciation	0.4	-0.15	0.22	-0.11	0.47	-0.08	-0.41	-0.39	0.43	0.43	-0.21	0.42	-0.33	0.24	0.26	0.32	0.46	-0.51	0.45	0.42	0.43	-0.4	0.44	-0.35

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Marathon Oil Account Relationship Matchups

Marathon Oil income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.4B	2.5B	2.2B	1.9B	2.2B	1.9B
Total Revenue	5.1B	3.1B	5.6B	7.5B	6.4B	6.1B
Gross Profit	1.3B	(370M)	2.3B	4.4B	2.7B	3.6B
Other Operating Expenses	4.5B	4.1B	4.1B	4.0B	4.4B	4.2B
Operating Income	(1.8B)	(1.2B)	34M	1.9B	2.2B	2.3B
Ebit	(1.8B)	(1.3B)	1.0B	4.0B	2.3B	1.4B
Ebitda	582M	1.1B	3.2B	5.9B	4.5B	3.8B
Cost Of Revenue	3.7B	3.5B	3.3B	3.2B	3.7B	3.5B
Total Operating Expenses	816M	655M	757M	867M	673M	639.4M
Income Before Tax	392M	(1.5B)	1.0B	3.8B	1.9B	2.2B
Total Other Income Expense Net	2.2B	(285M)	(304M)	(172M)	(337M)	(320.2M)
Net Income	480M	(1.5B)	946M	3.6B	1.6B	1.0B
Income Tax Expense	(88M)	(14M)	58M	167M	357M	339.2M
Selling General Administrative	356M	274M	291M	308M	297M	546.5M
Net Income Applicable To Common Shares	480M	(1.5B)	946M	3.6B	3.3B	3.4B
Net Income From Continuing Ops	480M	(1.5B)	946M	3.6B	1.7B	1.8B
Non Recurring	173M	325M	196M	117M	105.3M	100.0M
Tax Provision	(88M)	(14M)	58M	167M	479M	503.0M
Interest Income	25M	262M	202M	15M	7M	6.7M
Net Interest Income	(248M)	(255M)	(274M)	(188M)	(352M)	(369.6M)
Reconciled Depreciation	2.4B	2.3B	2.1B	1.8B	2.1B	1.8B

Pair Trading with Marathon Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marathon Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marathon Oil will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marathon Stock

0.75

Permian Resources Aggressive Push

Pair Corr

The ability to find closely correlated positions to Marathon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marathon Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marathon Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marathon Oil to buy it.

The correlation of Marathon Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marathon Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Marathon Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Marathon Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Oil Stock:

How To Invest In Marathon

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Is Marathon Stock a good investment?

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What is Marathon Oil's Net Worth?

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Largest Oil & Gas Exploration & Production Companies

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Largest Oil & Gas E&P Companies

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To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Oil. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.32)

Dividend Share

0.44

Earnings Share

2.32

Revenue Per Share

11.445

Quarterly Revenue Growth

(0.02)

The market value of Marathon Oil is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Oil's market value can be influenced by many factors that don't directly affect Marathon Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Marathon Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Marathon Historical Income Statement

About Marathon Income Statement Analysis

Marathon Oil Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Marathon Oil income statement Correlations

Marathon Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Marathon Oil income statement Accounts

Pair Trading with Marathon Oil

Moving together with Marathon Stock

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Ebitda	+ 0.99	Ebit
Cost Of Revenue	+ 0.98	Other Operating Expenses
Income Before Tax	+ 0.96	Gross Profit
Income Before Tax	+ 0.95	Operating Income
Operating Income	+ 0.94	Gross Profit
Selling And Marketing Expenses	+ 0.94	Other Operating Expenses

Interest Income	- 0.9	Tax Provision
Tax Provision	- 0.82	Selling And Marketing Expenses
Tax Provision	- 0.81	Other Operating Expenses
Minority Interest	- 0.77	Interest Expense
Tax Provision	- 0.76	Total Revenue
Tax Provision	- 0.74	Cost Of Revenue