Marathon Oil
MRO
Operating Margin for Marathon Oil (MRO)
Operating Margin as of June 2023 (TTM): 47.89%
According to Marathon Oil 's latest financial reports and stock price the company's current Operating Margin is 47.89%. At the end of 2021 the company had an Operating Margin of 22.51%.
Operating Margin history for Marathon Oil from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 22.51% | -158.79% |
| 2020 | -38.30% | -388.52% |
| 2019 | 13.27% | -54.11% |
| 2018 | 28.92% | -1742.57% |
| 2017 | -1.76% | -91.71% |
| 2016 | -21.24% | -55.35% |
| 2015 | -47.56% | -414.89% |
| 2014 | 15.10% | -58.01% |
| 2013 | 35.97% | -11.06% |
| 2012 | 40.44% | 32.2% |
| 2011 | 30.59% | 299.85% |
| 2010 | 7.65% | 18.02% |
| 2009 | 6.48% | -39.61% |
| 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 | 9.65% | -79.85% | 🇬🇧 UK |
 ConocoPhillips COP | 35.96% | -24.91% | 🇺🇸 USA |
 Occidental Petroleum OXY | 14.27% | -70.20% | 🇺🇸 USA |
 Exxon Mobil XOM | 21.79% | -54.50% | 🇺🇸 USA |
 Chevron CVX | 21.80% | -54.48% | 🇺🇸 USA |
 Devon Energy
DVN | 23.74% | -50.43% | 🇺🇸 USA |
 Hess HES | 19.93% | -58.38% | 🇺🇸 USA |
 Murphy Oil
MUR | 1.53% | -96.81% | 🇺🇸 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.