Marathon Oil
MRO
#1172
Rank
$15.59 B
Marketcap
$27.87
Share price
-0.07%
Change (1 day)
6.74%
Change (1 year)

Operating Margin for Marathon Oil (MRO)

Operating Margin as of July 2024 (TTM): 27.70%

According to Marathon Oil 's latest financial reports and stock price the company's current Operating Margin is 27.70%. At the end of 2023 the company had an Operating Margin of 35.18%.

Operating Margin history for Marathon Oil from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202335.18%-33.78%
202253.13%135.99%
202122.51%-158.79%
2020-38.30%-388.52%
201913.27%-54.11%
201828.92%-1756.09%
2017-1.75%-92.79%
2016-24.23%-46.73%
2015-45.48%-398.96%
201415.21%-36.19%
201323.84%-14.48%
201227.88%-10.49%
201131.15%-11.94%
201035.37%383.05%
20097.32%-16.65%
20088.79%-13.95%
200710.21%-25.78%
200613.75%65.27%
20058.32%41.65%
20045.88%4.17%
20035.64%13.91%
20024.95%-54.34%
200110.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.15% 1.62%๐Ÿ‡บ๐Ÿ‡ธ USA
23.50%-15.16%๐Ÿ‡บ๐Ÿ‡ธ USA
26.70%-3.61%๐Ÿ‡บ๐Ÿ‡ธ USA
14.62%-47.22%๐Ÿ‡บ๐Ÿ‡ธ USA
22.75%-17.87%๐Ÿ‡บ๐Ÿ‡ธ USA
30.29% 9.35%๐Ÿ‡บ๐Ÿ‡ธ USA
14.58%-47.36%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30%-59.21%๐Ÿ‡ฌ๐Ÿ‡ง UK

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.