Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

This company has been moved to the archive! The financial data has not been updated since August 4, 2022.

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

Marathon Oil Corp., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net fixed asset turnover 0.49 0.43 0.39 0.32 0.27 0.21 0.20 0.22 0.24 0.29 0.30 0.31 0.33 0.33 0.35 0.34 0.32 0.29 0.25
Total asset turnover 0.39 0.34 0.33 0.27 0.23 0.18 0.17 0.19 0.22 0.25 0.25 0.26 0.26 0.26 0.28 0.26 0.25 0.23 0.20
Equity turnover 0.62 0.54 0.52 0.43 0.38 0.30 0.29 0.32 0.36 0.41 0.42 0.42 0.45 0.46 0.49 0.48 0.44 0.41 0.37

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Marathon Oil Corp. net fixed asset turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Marathon Oil Corp. total asset turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Marathon Oil Corp. equity turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Net Fixed Asset Turnover

Marathon Oil Corp., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 2,168 1,761 1,732 1,438 1,254 1,177 822 761 490 1,024 1,233 1,249 1,381 1,200 1,380 1,538 1,447 1,537 1,230 1,162 993 988
Property, plant and equipment, net of accumulated depreciation, depletion and amortization 14,357 14,422 14,499 14,734 15,019 15,313 15,638 16,029 16,424 16,903 17,000 16,717 16,730 16,714 16,804 16,899 16,881 16,931 17,665 17,645 18,337 16,533
Long-term Activity Ratio
Net fixed asset turnover1 0.49 0.43 0.39 0.32 0.27 0.21 0.20 0.22 0.24 0.29 0.30 0.31 0.33 0.33 0.35 0.34 0.32 0.29 0.25
Benchmarks
Net Fixed Asset Turnover, Competitors2
Chevron Corp. 1.43 1.22 1.06 0.91 0.77 0.62 0.60 0.73 0.80 0.91 0.93
ConocoPhillips 1.02 0.83 0.71 0.64 0.51 0.39 0.47 0.51 0.59 0.73 0.77
Exxon Mobil Corp. 1.68 1.44 1.28 1.10 0.96 0.81 0.78 0.78 0.85 1.00 1.01
Marathon Petroleum Corp. 4.30 3.64 3.20 2.73 2.31 1.83 1.79 2.09 2.14 2.60 2.72
Occidental Petroleum Corp. 0.58 0.49 0.43 0.37 0.32 0.26 0.27 0.29 0.30 0.29 0.25
Valero Energy Corp. 5.06 4.27 3.69 3.11 2.66 2.09 2.14 2.48 2.86 3.48 3.70

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
Net fixed asset turnover = (RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021) ÷ Property, plant and equipment, net of accumulated depreciation, depletion and amortization
= (2,168 + 1,761 + 1,732 + 1,438) ÷ 14,357 = 0.49

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Marathon Oil Corp. net fixed asset turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Total Asset Turnover

Marathon Oil Corp., total asset turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 2,168 1,761 1,732 1,438 1,254 1,177 822 761 490 1,024 1,233 1,249 1,381 1,200 1,380 1,538 1,447 1,537 1,230 1,162 993 988
Total assets 18,286 17,981 16,994 17,161 17,800 18,233 17,956 18,663 18,567 19,715 20,245 20,373 21,282 21,410 21,321 21,778 21,871 21,634 22,012 22,947 24,241 24,537
Long-term Activity Ratio
Total asset turnover1 0.39 0.34 0.33 0.27 0.23 0.18 0.17 0.19 0.22 0.25 0.25 0.26 0.26 0.26 0.28 0.26 0.25 0.23 0.20
Benchmarks
Total Asset Turnover, Competitors2
Chevron Corp. 0.80 0.71 0.65 0.56 0.48 0.40 0.39 0.47 0.51 0.57 0.59
ConocoPhillips 0.70 0.58 0.51 0.41 0.34 0.27 0.30 0.33 0.39 0.45 0.46
Exxon Mobil Corp. 0.96 0.86 0.82 0.72 0.64 0.54 0.54 0.55 0.59 0.70 0.70
Marathon Petroleum Corp. 1.65 1.49 1.41 1.15 0.93 0.81 0.82 0.99 1.14 1.37 1.26
Occidental Petroleum Corp. 0.45 0.39 0.35 0.29 0.24 0.21 0.22 0.24 0.24 0.23 0.19
Valero Energy Corp. 2.42 2.18 1.97 1.73 1.46 1.19 1.25 1.47 1.78 2.22 2.01

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
Total asset turnover = (RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021) ÷ Total assets
= (2,168 + 1,761 + 1,732 + 1,438) ÷ 18,286 = 0.39

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Marathon Oil Corp. total asset turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Equity Turnover

Marathon Oil Corp., equity turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 2,168 1,761 1,732 1,438 1,254 1,177 822 761 490 1,024 1,233 1,249 1,381 1,200 1,380 1,538 1,447 1,537 1,230 1,162 993 988
Stockholders’ equity 11,532 11,366 10,686 10,796 10,634 10,671 10,561 10,892 11,175 11,958 12,153 12,271 12,101 12,208 12,128 12,044 12,132 12,034 11,708 11,775 12,405 12,584
Long-term Activity Ratio
Equity turnover1 0.62 0.54 0.52 0.43 0.38 0.30 0.29 0.32 0.36 0.41 0.42 0.42 0.45 0.46 0.49 0.48 0.44 0.41 0.37
Benchmarks
Equity Turnover, Competitors2
Chevron Corp. 1.34 1.21 1.12 0.99 0.87 0.73 0.72 0.79 0.86 0.94 0.97
ConocoPhillips 1.30 1.09 1.01 0.82 0.66 0.52 0.63 0.68 0.77 0.94 0.93
Exxon Mobil Corp. 1.99 1.81 1.64 1.50 1.35 1.15 1.14 1.10 1.19 1.37 1.33
Marathon Petroleum Corp. 6.06 5.65 4.58 3.63 3.03 3.26 3.14 3.69 4.07 4.89 3.68
Occidental Petroleum Corp. 1.21 1.16 1.28 1.18 1.07 0.90 0.96 1.00 0.92 0.74 0.60
Valero Energy Corp. 7.42 7.00 6.18 5.42 4.59 3.57 3.45 3.96 4.42 5.63 4.97

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q2 2022 Calculation
Equity turnover = (RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021) ÷ Stockholders’ equity
= (2,168 + 1,761 + 1,732 + 1,438) ÷ 11,532 = 0.62

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Marathon Oil Corp. equity turnover ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.