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Marathon Oil Corporation

MRO

Financial Statements

Income Statement (Annual)

Amounts in millions

2023

12/31/2023

Revenue
6,407
Cost of Revenue
3,728
Gross Profit
2,679
Gross Margin
41.8%
Operating Income
2,248
Operating Margin
35.1%
Net Income
1,554
Net Margin
24.3%
EPS (Basic)
$2.56
EPS (Diluted)
$2.56
EBITDA
4,479
EBITDA Margin
69.9%

2022

12/31/2022

Revenue
7,540
Cost of Revenue
3,176
Gross Profit
4,364
Gross Margin
57.9%
Operating Income
1,903
Operating Margin
25.2%
Net Income
3,612
Net Margin
47.9%
EPS (Basic)
$5.27
EPS (Diluted)
$5.26
EBITDA
5,860
EBITDA Margin
77.7%

2021

12/31/2021

Revenue
5,601
Cost of Revenue
3,327
Gross Profit
2,274
Gross Margin
40.6%
Operating Income
34
Operating Margin
0.6%
Net Income
946
Net Margin
16.9%
EPS (Basic)
$1.20
EPS (Diluted)
$1.20
EBITDA
3,217
EBITDA Margin
57.4%

2020

12/31/2020

Revenue
3,097
Cost of Revenue
3,467
Gross Profit
-370
Gross Margin
-11.9%
Operating Income
-1,180
Operating Margin
-38.1%
Net Income
-1,451
Net Margin
-46.9%
EPS (Basic)
$-1.83
EPS (Diluted)
$-1.83
EBITDA
1,289
EBITDA Margin
41.6%

2019

12/31/2019

Revenue
5,063
Cost of Revenue
3,714
Gross Profit
1,349
Gross Margin
26.6%
Operating Income
-1,815
Operating Margin
-35.8%
Net Income
480
Net Margin
9.5%
EPS (Basic)
$0.59
EPS (Diluted)
$0.59
EBITDA
2,923
EBITDA Margin
57.7%