Marathon Oil's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Marathon Oil's ROA in the third quarter of 2024?
Marathon Oil Corporation achieved a return on average assets (ROA) of 6.79 % in its third quarter of 2024, this is above MRO's average return on assets of 4.2%.
Marathon Oil Corporations assets during the 12 months ending in the third quarter of 2024 are valued at $19 billion

ROA decreased relative to the period ending Jun 30 2024, due to the decline in net income.

However, within the Energy sector 51 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from 858 to 951.

What is ROA?

Select the Comparisons :

None ▼

Select the Ratio:

Return on Assets ROA▼

None ▼

Return on Assets ROA▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

Return On Assets	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Total Assets Change	-2.5 %	-0.9 %	-1.72 %	-1.83 %	11.54 %
Y / Y Net Income Change	-36.64 %	21.6 %	-28.78 %	-24.38 %	-44.55 %
Net Income (TTM) in million	1,330	1,496	1,434	1,554	1,682
Return On Assets (TTM)	6.79 %	7.58 %	7.25 %	7.83 %	8.43 %
MRO's Total Ranking	# 951	# 858	# 907	# 980	# 807
Total Assets (TTM) in million	19,422	19,740	19,668	19,575	19,919
Seq. Total Assets Change	-1.61 %	0.37 %	0.48 %	-1.73 %	0 %
Seq. Net Income Change	-17.77 %	17.51 %	-25.19 %	-12.36 %	57.84 %

MRO's 5 Years Annual ROA >> Back to MRO Management Effectiveness >> Compare MRO ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 34
Sector	# 52
Overall	# 940

Return On Assets Statistics
High	Average	Low
21.01 %	4.2 %	-27.49 %
(Sep 30 2022)		(Sep 30 2017)

Financial Statements
Marathon Oil's Assets	$ 19,422 million	MRO's Balance sheet
Marathon Oil's Income	$ 287 million	Quarterly MRO's Income Statement
MRO's Income by Division		See MRO's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019
Y / Y Total Assets Change	-1.83 %	17.34 %	-5.36 %	-11.31 %	-5.05 %
Total Assets in million	19,575	19,940	16,994	17,956	20,245
Y / Y Net Income Change	-56.98 %	281.82 %	-	-	-56.2 %
Net Income in million	1,554	3,612	946	-1,451	480
Annual Return On Assets	7.94 %	18.11 %	5.57 %	-8.08 %	2.37 %

MRO's 5 Years Annual ROA >> Back to MRO Management Effectiveness >> Compare MRO ROA to its Competitors

Comment on MRO's ROA in the fiscal year ending 2023

In the fiscal year 2023 Marathon Oil's ROA decreased compared to previous year to 7.94 %, due to deterioration of net income -56.98 % to $1,554.00 million, from $3,612.00 million a year ago, as MRO's assets were $19,575.00 million.

More Return On Assets Ratios
MRO's' Return on Assets at Yahoo Finance
Oil And Gas Production Industry Return On Assets Trends and Statistics
Energy Sector Roa Statistics
Roa Trends for overall market
MRO's Roa Ratio versus Oil And Gas Production Industry, Energy Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for MRO's Competitors
Subscribers only: Roa for Marathon Oil's Suppliers
Subscribers only: Return On Assets for MRO's Customers

You may also want to know
MRO's Roi	MRO's Inventory Turnover Ratio	MRO's Growth Rates	MRO's Dividend Comparisons
	MRO's Profitability Ratios	MRO's Asset Turnover Ratio	MRO's Dividend Growth
MRO's Roe	MRO's Valuation Ratios	MRO's Financial Strength Ratios	MRO's Dividend Payout Ratio

Companies with similar Return On Assets at Sep 30 2024, within Energy Sector	ROA
Primeenergy Resources Corporation	18.13 %
Omega Flex Inc	18.04 %
Northern Oil And Gas Inc	17.73 %
Altex Industries Inc	17.30 %
Masco Corporation	16.52 %
Hess Midstream Lp	16.14 %
Apa Corporation	16.08 %
Eog Resources Inc	15.86 %
Alliance Resource Partners Lp	15.70 %
Seadrill Limited	15.41 %
Warrior Met Coal Inc	15.17 %
Magnolia Oil and Gas Corp	15.06 %
Alpha Metallurgical Resources Inc	14.87 %
Devon Energy Corp	13.16 %
Sm Energy Co	12.08 %
Hess Corporation	11.97 %
Riley Exploration Permian Inc	11.89 %
Imperial Oil Limited	11.57 %
Matador Resources Company	11.50 %
Viper Energy Inc	11.35 %
Superior Energy Services Inc	11.34 %
Liberty Energy Inc	11.28 %
Continental Resources Inc	10.96 %
California Resources Corp	10.88 %
Mach Natural Resources Lp	10.55 %
Vaalco Energy Inc	10.42 %
Halliburton Company	10.29 %
Ovintiv Inc	10.27 %
Peabody Energy Corp	9.63 %
Slb Limited	9.46 %

Date modified: 2026-09-18T13:11:05+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.