Marathon Oil Corporation (MRO)

Return on equity (ROE)

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 1,554,000 1,682,000 2,046,000 2,725,000 3,612,000 3,736,000 3,103,000 2,153,000 946,000 -41,000 -542,000 -1,308,000 -1,451,000 -1,133,000 -651,000 260,000 480,000 890,000 979,000 914,000
Total stockholders’ equity US$ in thousands 11,205,000 11,226,000 11,244,000 11,388,000 11,397,000 11,187,000 11,532,000 11,366,000 10,686,000 10,796,000 10,634,000 10,671,000 10,561,000 10,892,000 11,175,000 11,958,000 12,153,000 12,271,000 12,101,000 12,208,000
ROE 13.87% 14.98% 18.20% 23.93% 31.69% 33.40% 26.91% 18.94% 8.85% -0.38% -5.10% -12.26% -13.74% -10.40% -5.83% 2.17% 3.95% 7.25% 8.09% 7.49%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,554,000K ÷ $11,205,000K
= 13.87%

Marathon Oil Corporation's return on equity (ROE) has shown a fluctuating trend over the past eight quarters. The ROE has been on a downward trajectory from 31.69% in Q4 2022 to 13.87% in Q4 2023. This indicates a decline in the company's ability to generate profit from its shareholder's equity investment. Additionally, the ROE has experienced significant variability, ranging from a low of 13.87% to a high of 33.40%. The highest ROE of 33.40% was recorded in Q3 2022, followed by a sharp decline in the subsequent quarters. Overall, Marathon Oil Corporation's ROE performance displays inconsistency and may warrant further investigation into the factors impacting profitability and efficiency.


Peer comparison

Dec 31, 2023


See also:

Marathon Oil Corporation Return on Equity (ROE) (Quarterly Data)