Marathon Oil Past Earnings Performance
Past criteria checks 2/6
Marathon Oil has been growing earnings at an average annual rate of 36.9%, while the Oil and Gas industry saw earnings growing at 35.7% annually. Revenues have been growing at an average rate of 10.6% per year. Marathon Oil's return on equity is 13.4%, and it has net margins of 22.7%.
Key information
36.9%
Earnings growth rate
40.8%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 10.6% |
| Return on equity | 13.4% |
| Net Margin | 22.7% |
| Next Earnings Update | 06 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Marathon Oil makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 6,591 | 1,496 | 330 | 0 |
| 31 Mar 24 | 6,409 | 1,434 | 296 | 0 |
| 31 Dec 23 | 6,453 | 1,554 | 302 | 0 |
| 30 Sep 23 | 6,454 | 1,682 | 329 | 0 |
| 30 Jun 23 | 6,695 | 2,046 | 341 | 0 |
| 31 Mar 23 | 7,386 | 2,725 | 337 | 0 |
| 31 Dec 22 | 7,575 | 3,612 | 319 | 0 |
| 30 Sep 22 | 7,700 | 3,736 | 320 | 0 |
| 30 Jun 22 | 7,125 | 3,103 | 317 | 0 |
| 31 Mar 22 | 6,205 | 2,153 | 298 | 0 |
| 31 Dec 21 | 5,616 | 946 | 410 | 0 |
| 30 Sep 21 | 4,709 | -41 | 299 | 0 |
| 30 Jun 21 | 4,034 | -542 | 275 | 0 |
| 31 Mar 21 | 3,271 | -1,308 | 292 | 0 |
| 31 Dec 20 | 3,122 | -1,451 | 439 | 0 |
| 30 Sep 20 | 3,532 | -1,133 | 342 | 0 |
| 30 Jun 20 | 4,023 | -651 | 368 | 0 |
| 31 Mar 20 | 4,921 | 260 | 382 | 0 |
| 31 Dec 19 | 5,125 | 480 | 502 | 0 |
| 30 Sep 19 | 5,279 | 890 | 412 | 0 |
| 30 Jun 19 | 5,681 | 979 | 440 | 0 |
| 31 Mar 19 | 5,746 | 914 | 478 | 0 |
| 31 Dec 18 | 6,052 | 1,096 | 489 | 0 |
| 30 Sep 18 | 6,043 | 678 | 485 | 0 |
| 30 Jun 18 | 5,547 | -175 | 586 | 0 |
| 31 Mar 18 | 5,011 | -424 | 553 | 0 |
| 31 Dec 17 | 4,487 | -830 | 553 | 0 |
| 30 Sep 17 | 3,908 | -2,185 | 525 | 0 |
| 30 Jun 17 | 3,607 | -1,792 | 547 | 0 |
| 31 Mar 17 | 3,431 | -1,777 | 552 | 0 |
| 31 Dec 16 | 3,198 | -2,087 | 601 | 0 |
| 30 Sep 16 | 3,375 | -1,497 | 801 | 0 |
| 30 Jun 16 | 3,883 | -2,040 | 706 | 0 |
| 31 Mar 16 | 4,601 | -2,288 | 844 | 0 |
| 31 Dec 15 | 4,557 | -1,701 | 849 | 0 |
| 30 Sep 15 | 6,666 | -1,504 | 1,072 | 0 |
| 30 Jun 15 | 8,114 | -451 | 1,146 | 0 |
| 31 Mar 15 | 9,490 | 295 | 1,131 | 0 |
| 31 Dec 14 | 10,684 | 969 | 1,141 | 0 |
| 30 Sep 14 | 10,722 | 1,198 | 966 | 0 |
| 30 Jun 14 | 10,875 | 1,290 | 940 | 0 |
| 31 Mar 14 | 11,000 | 1,171 | 960 | 0 |
| 31 Dec 13 | 11,187 | 931 | 978 | 0 |
Quality Earnings: MRO has high quality earnings.
Growing Profit Margin: MRO's current net profit margins (22.7%) are lower than last year (30.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MRO's earnings have grown significantly by 36.9% per year over the past 5 years.
Accelerating Growth: MRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MRO had negative earnings growth (-26.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (47.8%).
Return on Equity
High ROE: MRO's Return on Equity (13.4%) is considered low.