Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Marathon Oil's Enterprise Value is $21,006 Mil.
Marathon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,254 Mil. Therefore, Marathon Oil's EV-to-EBIT ratio for today is 9.32.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Marathon Oil's Enterprise Value is $21,006 Mil.
Marathon Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $4,465 Mil. Therefore, Marathon Oil's EV-to-EBITDA ratio for today is 4.70.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Marathon Oil's Enterprise Value is $21,006 Mil.
Marathon Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $6,407 Mil. Therefore, Marathon Oil's EV-to-Revenue ratio for today is 3.28.
Marathon Oil Enterprise Value Historical Data
The historical data trend for Marathon Oil's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Marathon Oil's Enterprise Value
For the Oil & Gas E&P subindustry, Marathon Oil's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marathon Oil's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Oil's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Marathon Oil's Enterprise Value falls into.
Marathon Oil Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Marathon Oil's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marathon Oil (NYSE:MRO) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Marathon Oil's current Enterprise Value is $21,006 Mil.
Marathon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,254 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Marathon Oil's current Enterprise Value is $21,006 Mil.
Marathon Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,465 Mil.
Marathon Oil's current Enterprise Value is $21,006 Mil.
Marathon Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,407 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marathon Oil Enterprise Value Related Terms
Thank you for viewing the detailed overview of Marathon Oil's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
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