Marathon Oil Corp
NYSE:MRO
Income Statement
Earnings Waterfall
Marathon Oil Corp
Revenue
|
6.6B
USD
|
Cost of Revenue
|
-848m
USD
|
Gross Profit
|
5.7B
USD
|
Operating Expenses
|
-3.6B
USD
|
Operating Income
|
2.1B
USD
|
Other Expenses
|
-647m
USD
|
Net Income
|
1.4B
USD
|
Income Statement
Marathon Oil Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11 543
N/A
|
11 583
+0%
|
11 424
-1%
|
11 348
-1%
|
10 032
-12%
|
8 535
-15%
|
6 884
-19%
|
4 833
-30%
|
3 823
-21%
|
3 101
-19%
|
2 721
-12%
|
3 398
+25%
|
3 839
+13%
|
4 083
+6%
|
4 373
+7%
|
4 707
+8%
|
5 112
+9%
|
5 426
+6%
|
5 844
+8%
|
6 263
+7%
|
5 942
-5%
|
6 016
+1%
|
5 688
-5%
|
5 140
-10%
|
5 206
+1%
|
4 039
-22%
|
3 469
-14%
|
3 077
-11%
|
2 927
-5%
|
3 795
+30%
|
4 488
+18%
|
5 486
+22%
|
6 168
+12%
|
7 330
+19%
|
8 129
+11%
|
8 074
-1%
|
7 996
-1%
|
7 205
-10%
|
6 772
-6%
|
6 680
-1%
|
6 556
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 350)
|
(4 480)
|
(4 424)
|
(4 351)
|
(3 916)
|
(3 372)
|
(2 715)
|
(1 479)
|
(1 063)
|
(691)
|
(441)
|
(957)
|
(911)
|
(867)
|
(873)
|
(884)
|
(914)
|
(903)
|
(872)
|
(842)
|
(812)
|
(800)
|
(748)
|
(712)
|
(685)
|
(621)
|
(587)
|
(555)
|
(516)
|
(513)
|
(515)
|
(534)
|
(565)
|
(603)
|
(665)
|
(690)
|
(739)
|
(789)
|
(788)
|
(828)
|
(848)
|
|
Gross Profit |
7 193
N/A
|
7 103
-1%
|
7 000
-1%
|
6 997
0%
|
6 116
-13%
|
5 163
-16%
|
4 169
-19%
|
3 354
-20%
|
2 760
-18%
|
2 410
-13%
|
2 280
-5%
|
2 441
+7%
|
2 928
+20%
|
3 216
+10%
|
3 500
+9%
|
3 823
+9%
|
4 198
+10%
|
4 523
+8%
|
4 972
+10%
|
5 421
+9%
|
5 130
-5%
|
5 216
+2%
|
4 940
-5%
|
4 428
-10%
|
4 521
+2%
|
3 418
-24%
|
2 882
-16%
|
2 522
-12%
|
2 411
-4%
|
3 282
+36%
|
3 973
+21%
|
4 952
+25%
|
5 603
+13%
|
6 727
+20%
|
7 464
+11%
|
7 384
-1%
|
7 257
-2%
|
6 416
-12%
|
5 984
-7%
|
5 852
-2%
|
5 708
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 454)
|
(4 555)
|
(4 675)
|
(5 176)
|
(5 331)
|
(5 346)
|
(5 705)
|
(4 906)
|
(4 520)
|
(4 278)
|
(3 639)
|
(3 595)
|
(3 534)
|
(3 455)
|
(3 705)
|
(3 766)
|
(3 893)
|
(3 998)
|
(3 842)
|
(3 998)
|
(3 995)
|
(3 989)
|
(3 913)
|
(3 818)
|
(3 843)
|
(3 722)
|
(3 643)
|
(3 550)
|
(3 402)
|
(3 399)
|
(3 447)
|
(3 448)
|
(3 443)
|
(3 437)
|
(3 426)
|
(3 305)
|
(3 409)
|
(3 417)
|
(3 466)
|
(3 580)
|
(3 627)
|
|
Selling, General & Administrative |
(1 041)
|
(1 037)
|
(1 080)
|
(1 060)
|
(1 016)
|
(1 014)
|
(910)
|
(804)
|
(760)
|
(680)
|
(648)
|
(632)
|
(574)
|
(543)
|
(537)
|
(554)
|
(582)
|
(617)
|
(671)
|
(693)
|
(695)
|
(691)
|
(667)
|
(667)
|
(643)
|
(595)
|
(534)
|
(457)
|
(471)
|
(494)
|
(550)
|
(611)
|
(649)
|
(716)
|
(774)
|
(774)
|
(792)
|
(698)
|
(667)
|
(660)
|
(665)
|
|
Research & Development |
(507)
|
(527)
|
(540)
|
(793)
|
(810)
|
(776)
|
(1 265)
|
(971)
|
(905)
|
(976)
|
(474)
|
(323)
|
(327)
|
(175)
|
(386)
|
(409)
|
(433)
|
(468)
|
(230)
|
(289)
|
(296)
|
(257)
|
(223)
|
(149)
|
(118)
|
(118)
|
(123)
|
(181)
|
(159)
|
(136)
|
(124)
|
(44)
|
(41)
|
(40)
|
(53)
|
(45)
|
(57)
|
(66)
|
(58)
|
(20)
|
(51)
|
|
Depreciation & Amortization |
(2 512)
|
(2 566)
|
(2 646)
|
(2 861)
|
(3 039)
|
(3 110)
|
(3 090)
|
(2 721)
|
(2 449)
|
(2 210)
|
(2 015)
|
(2 156)
|
(2 163)
|
(2 243)
|
(2 362)
|
(2 372)
|
(2 406)
|
(2 426)
|
(2 411)
|
(2 441)
|
(2 405)
|
(2 398)
|
(2 394)
|
(2 397)
|
(2 487)
|
(2 479)
|
(2 411)
|
(2 316)
|
(2 168)
|
(2 103)
|
(2 071)
|
(2 066)
|
(1 993)
|
(1 897)
|
(1 835)
|
(1 753)
|
(1 850)
|
(1 973)
|
(2 096)
|
(2 211)
|
(2 215)
|
|
Other Operating Expenses |
(394)
|
(425)
|
(409)
|
(462)
|
(466)
|
(446)
|
(440)
|
(410)
|
(406)
|
(412)
|
(502)
|
(484)
|
(470)
|
(494)
|
(420)
|
(431)
|
(472)
|
(487)
|
(530)
|
(575)
|
(599)
|
(643)
|
(629)
|
(605)
|
(595)
|
(530)
|
(575)
|
(596)
|
(604)
|
(666)
|
(702)
|
(727)
|
(760)
|
(784)
|
(764)
|
(733)
|
(710)
|
(680)
|
(645)
|
(689)
|
(696)
|
|
Operating Income |
2 739
N/A
|
2 548
-7%
|
2 325
-9%
|
1 821
-22%
|
785
-57%
|
(183)
N/A
|
(1 536)
-739%
|
(1 552)
-1%
|
(1 760)
-13%
|
(1 868)
-6%
|
(1 359)
+27%
|
(1 154)
+15%
|
(606)
+47%
|
(239)
+61%
|
(205)
+14%
|
57
N/A
|
305
+435%
|
525
+72%
|
1 130
+115%
|
1 423
+26%
|
1 135
-20%
|
1 227
+8%
|
1 027
-16%
|
610
-41%
|
678
+11%
|
(304)
N/A
|
(761)
-150%
|
(1 028)
-35%
|
(991)
+4%
|
(117)
+88%
|
526
N/A
|
1 504
+186%
|
2 160
+44%
|
3 290
+52%
|
4 038
+23%
|
4 079
+1%
|
3 848
-6%
|
2 999
-22%
|
2 518
-16%
|
2 272
-10%
|
2 081
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(254)
|
(263)
|
(247)
|
(237)
|
(236)
|
(218)
|
(238)
|
(307)
|
(318)
|
(348)
|
(362)
|
(347)
|
(331)
|
(329)
|
(275)
|
(282)
|
(237)
|
(216)
|
(239)
|
(239)
|
(230)
|
(229)
|
(235)
|
(251)
|
(259)
|
(264)
|
(262)
|
(262)
|
(205)
|
(195)
|
(190)
|
(202)
|
(197)
|
(192)
|
(187)
|
(193)
|
(248)
|
(286)
|
(328)
|
(335)
|
(339)
|
|
Non-Reccuring Items |
(102)
|
(195)
|
(290)
|
(222)
|
(206)
|
(159)
|
(384)
|
(601)
|
(554)
|
(216)
|
121
|
322
|
380
|
92
|
(136)
|
(222)
|
30
|
40
|
276
|
244
|
31
|
(11)
|
3
|
23
|
(101)
|
(77)
|
(99)
|
(210)
|
(115)
|
(200)
|
(356)
|
(347)
|
(285)
|
(207)
|
(96)
|
(130)
|
(97)
|
(88)
|
(42)
|
(25)
|
10
|
|
Total Other Income |
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
15
|
(10)
|
(11)
|
(16)
|
(7)
|
(12)
|
(11)
|
(14)
|
(1)
|
(6)
|
(4)
|
6
|
10
|
(2)
|
3
|
(5)
|
35
|
2
|
(6)
|
0
|
49
|
6
|
12
|
17
|
23
|
15
|
13
|
13
|
(1)
|
15
|
|
Pre-Tax Income |
2 383
N/A
|
2 090
-12%
|
1 788
-14%
|
1 361
-24%
|
343
-75%
|
(560)
N/A
|
(2 158)
-285%
|
(2 439)
-13%
|
(2 632)
-8%
|
(2 432)
+8%
|
(1 600)
+34%
|
(1 164)
+27%
|
(567)
+51%
|
(487)
+14%
|
(632)
-30%
|
(454)
+28%
|
86
N/A
|
338
+293%
|
1 153
+241%
|
1 427
+24%
|
930
-35%
|
983
+6%
|
801
-19%
|
392
-51%
|
316
-19%
|
(642)
N/A
|
(1 127)
-76%
|
(1 465)
-30%
|
(1 309)
+11%
|
(518)
+60%
|
(20)
+96%
|
1 004
N/A
|
1 684
+68%
|
2 903
+72%
|
3 772
+30%
|
3 779
+0%
|
3 518
-7%
|
2 638
-25%
|
2 161
-18%
|
1 911
-12%
|
1 767
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 212)
|
(800)
|
(590)
|
(392)
|
(48)
|
109
|
654
|
738
|
847
|
895
|
606
|
(923)
|
(1 210)
|
(1 305)
|
(1 553)
|
(411)
|
(545)
|
(548)
|
(510)
|
(331)
|
(16)
|
(4)
|
89
|
88
|
(56)
|
(9)
|
(6)
|
14
|
1
|
(24)
|
(21)
|
(58)
|
469
|
200
|
(36)
|
(167)
|
(793)
|
(592)
|
(479)
|
(357)
|
(333)
|
|
Income from Continuing Operations |
1 171
|
1 290
|
1 198
|
969
|
295
|
(451)
|
(1 504)
|
(1 701)
|
(1 785)
|
(1 537)
|
(994)
|
(2 087)
|
(1 777)
|
(1 792)
|
(2 185)
|
(865)
|
(459)
|
(210)
|
643
|
1 096
|
914
|
979
|
890
|
480
|
260
|
(651)
|
(1 133)
|
(1 451)
|
(1 308)
|
(542)
|
(41)
|
946
|
2 153
|
3 103
|
3 736
|
3 612
|
2 725
|
2 046
|
1 682
|
1 554
|
1 434
|
|
Net Income (Common) |
2 519
N/A
|
2 633
+5%
|
2 495
-5%
|
3 046
+22%
|
1 621
-47%
|
695
-57%
|
(485)
N/A
|
(2 204)
-354%
|
(2 335)
-6%
|
(2 119)
+9%
|
(1 562)
+26%
|
(2 140)
-37%
|
(6 690)
-213%
|
(6 659)
+0%
|
(7 066)
-6%
|
(5 723)
+19%
|
(410)
+93%
|
(175)
+57%
|
678
N/A
|
1 096
+62%
|
914
-17%
|
979
+7%
|
890
-9%
|
480
-46%
|
260
-46%
|
(651)
N/A
|
(1 133)
-74%
|
(1 451)
-28%
|
(1 308)
+10%
|
(542)
+59%
|
(41)
+92%
|
946
N/A
|
2 153
+128%
|
3 103
+44%
|
3 736
+20%
|
3 612
-3%
|
2 725
-25%
|
2 046
-25%
|
1 682
-18%
|
1 554
-8%
|
1 434
-8%
|
|
EPS (Diluted) |
3.68
N/A
|
3.87
+5%
|
3.67
-5%
|
4.45
+21%
|
2.4
-46%
|
1.02
-58%
|
-0.71
N/A
|
-3.25
-358%
|
-2.85
+12%
|
-2.49
+13%
|
-1.84
+26%
|
-2.61
-42%
|
-7.87
-202%
|
-7.83
+1%
|
-8.31
-6%
|
-6.73
+19%
|
-0.48
+93%
|
-0.2
+58%
|
0.79
N/A
|
1.29
+63%
|
1.11
-14%
|
1.2
+8%
|
1.09
-9%
|
0.59
-46%
|
0.33
-44%
|
-0.82
N/A
|
-1.43
-74%
|
-1.83
-28%
|
-1.66
+9%
|
-0.69
+58%
|
-0.06
+91%
|
1.2
N/A
|
2.94
+145%
|
4.4
+50%
|
5.55
+26%
|
5.26
-5%
|
4.33
-18%
|
3.32
-23%
|
2.78
-16%
|
2.56
-8%
|
2.48
-3%
|