Marathon Oil
MRO
Operating Margin for Marathon Oil (MRO)
Operating Margin as of April 2024 (TTM): 39.59%
According to Marathon Oil 's latest financial reports and stock price the company's current Operating Margin is 39.59%. At the end of 2022 the company had an Operating Margin of 46.38%.
Operating Margin history for Marathon Oil from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 46.38% | 71.24% |
| 2021 | 27.08% | -181.83% |
| 2020 | -33.10% | -414.39% |
| 2019 | 10.53% | -41.49% |
| 2018 | 17.99% | -365.84% |
| 2017 | -6.77% | -81.21% |
| 2016 | -36.02% | -12.68% |
| 2015 | -41.25% | -439.22% |
| 2014 | 12.16% | -63.58% |
| 2013 | 33.39% | -15.1% |
| 2012 | 39.33% | 28.55% |
| 2011 | 30.59% | 331.07% |
| 2010 | 7.10% | 7.03% |
| 2009 | 6.63% | -38.23% |
| 2008 | 10.74% | -4.22% |
| 2007 | 11.21% | -18.88% |
| 2006 | 13.82% | 53.65% |
| 2005 | 8.99% | 53.06% |
| 2004 | 5.88% | 4.17% |
| 2003 | 5.64% | 12.27% |
| 2002 | 5.02% | -51.26% |
| 2001 | 10.31% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 6.38% | -83.88% | 🇬🇧 UK |
 ConocoPhillips COP | 30.86% | -22.05% | 🇺🇸 USA |
 Occidental Petroleum OXY | 38.53% | -2.68% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | -49.56% | 🇺🇸 USA |
 Chevron CVX | 19.83% | -49.91% | 🇺🇸 USA |
 Devon Energy
DVN | 40.56% | 2.45% | 🇺🇸 USA |
 Hess HES | 32.50% | -17.91% | 🇺🇸 USA |
 Murphy Oil
MUR | 34.36% | -13.21% | 🇺🇸 USA |
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.