Stock Analysis on Net

Marathon Petroleum Corp. (NYSE:MPC)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 5, 2024.

Net Profit Margin
since 2011

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Marathon Petroleum Corp., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 US$ in millions


The analysis of the provided financial data reveals notable fluctuations in several key metrics over the observed periods.

Net Income (Loss) Attributable to MPC
The net income demonstrates considerable volatility throughout the years. Initially, there is a general upward trajectory from 2011 (2,389 million USD) peaking in 2012 (3,389 million USD), followed by declines and recoveries in subsequent years. A significant downturn is evident in 2020, with a large net loss recorded (-9,826 million USD), which interrupts the otherwise positive trend. After this loss, net income sharply rebounds to 9,738 million USD in 2021 and further increases to 14,516 million USD in 2022, before slightly declining to 9,681 million USD in 2023. These swings likely reflect operational challenges and external market impacts during these years.
Sales and Other Operating Revenues
Revenues show an overall increasing pattern with some intermittent declines. From 78,638 million USD in 2011, sales rise progressively to a peak of 123,949 million USD in 2019. However, this is followed by a sharp drop in 2020 to 69,779 million USD, mirroring the net income loss observed the same year. Thereafter, sales recover substantially in 2021 and 2022, reaching 177,453 million USD, the highest in the series, before decreasing somewhat to 148,379 million USD in 2023. This pattern suggests sensitivity to external economic factors, potentially related to market demand and commodity prices.
Net Profit Margin
The net profit margin reflects varying profitability percentages corresponding to the net income and revenue trends. Margins begin at a moderate level of 3.04% in 2011, rise to a peak of 4.59% in 2017, then fluctuate at lower levels around 2–4% until 2019. The year 2020 sees a dramatic contraction to a negative 14.08%, indicating substantial losses relative to revenue. Subsequent years show strong recovery with margins above 8% in 2021 and 2022, followed by a decrease to 6.52% in 2023. These shifts underscore the company's vulnerability to market conditions but also its capacity to regain profitability quickly.

Overall, the data portrays a company experiencing cyclical financial performance with significant impacts in 2020, likely tied to extraordinary market events. Recovery in revenue and profitability after 2020 highlights resilience and adaptive operational management. Nonetheless, the variability in net income and margins warrants ongoing attention to risk management and cost control measures.


Comparison to Competitors

Marathon Petroleum Corp., net profit margin, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).


Comparison to Sector (Oil, Gas & Consumable Fuels)

Marathon Petroleum Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).


Comparison to Industry (Energy)

Marathon Petroleum Corp., net profit margin, long-term trends, comparison to industry (energy)

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).