Calculation
Net profit margin | = | 100 | × | Net income (loss) attributable to MPC1 | ÷ | Sales and other operating revenues1 | |
---|---|---|---|---|---|---|---|
Dec 31, 2023 | 6.52% | = | 100 | × | 9,681) | ÷ | 148,379) |
Dec 31, 2022 | 8.18% | = | 100 | × | 14,516) | ÷ | 177,453) |
Dec 31, 2021 | 8.12% | = | 100 | × | 9,738) | ÷ | 119,983) |
Dec 31, 2020 | -14.08% | = | 100 | × | (9,826) | ÷ | 69,779) |
Dec 31, 2019 | 2.13% | = | 100 | × | 2,637) | ÷ | 123,949) |
Dec 31, 2018 | 2.88% | = | 100 | × | 2,780) | ÷ | 96,504) |
Dec 31, 2017 | 4.59% | = | 100 | × | 3,432) | ÷ | 74,733) |
Dec 31, 2016 | 1.85% | = | 100 | × | 1,174) | ÷ | 63,339) |
Dec 31, 2015 | 3.96% | = | 100 | × | 2,852) | ÷ | 72,051) |
Dec 31, 2014 | 2.58% | = | 100 | × | 2,524) | ÷ | 97,817) |
Dec 31, 2013 | 2.11% | = | 100 | × | 2,112) | ÷ | 100,160) |
Dec 31, 2012 | 4.12% | = | 100 | × | 3,389) | ÷ | 82,243) |
Dec 31, 2011 | 3.04% | = | 100 | × | 2,389) | ÷ | 78,638) |
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
Comparison to Competitors
Marathon Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
---|---|---|---|---|---|---|
Dec 31, 2023 | 6.52% | 10.85% | 19.52% | 10.76% | 16.62% | 6.10% |
Dec 31, 2022 | 8.18% | 15.05% | 23.80% | 13.98% | 36.32% | 6.54% |
Dec 31, 2021 | 8.12% | 10.04% | 17.63% | 8.33% | 8.95% | 0.82% |
Dec 31, 2020 | -14.08% | -5.87% | -14.38% | -12.57% | -83.28% | -2.19% |
Dec 31, 2019 | 2.13% | 2.09% | 22.07% | 5.61% | -3.27% | 2.24% |
Dec 31, 2018 | 2.88% | 9.33% | 17.18% | 7.46% | 23.18% | 2.67% |
Dec 31, 2017 | 4.59% | 6.83% | -2.94% | 8.31% | 10.48% | 4.33% |
Dec 31, 2016 | 1.85% | -0.45% | -15.26% | 3.59% | -5.69% | 3.03% |
Dec 31, 2015 | 3.96% | 3.53% | -14.98% | 6.22% | -62.73% | 4.54% |
Dec 31, 2014 | 2.58% | 9.60% | 13.08% | 8.25% | 3.19% | 2.77% |
Dec 31, 2013 | 2.11% | 9.73% | 16.83% | 7.74% | 24.14% | 1.97% |
Dec 31, 2012 | 4.12% | 11.35% | 14.54% | 9.90% | 19.02% | 1.50% |
Dec 31, 2011 | 3.04% | 11.01% | 5.08% | 8.79% | 28.28% | 1.66% |
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)
Marathon Petroleum Corp. | Oil, Gas & Consumable Fuels | |
---|---|---|
Dec 31, 2023 | 6.52% | 10.07% |
Dec 31, 2022 | 8.18% | 13.53% |
Dec 31, 2021 | 8.12% | 8.09% |
Dec 31, 2020 | -14.08% | -12.77% |
Dec 31, 2019 | 2.13% | 4.24% |
Dec 31, 2018 | 2.88% | 7.36% |
Dec 31, 2017 | 4.59% | 6.33% |
Dec 31, 2016 | 1.85% | 1.32% |
Dec 31, 2015 | 3.96% | 2.59% |
Dec 31, 2014 | 2.58% | 7.31% |
Dec 31, 2013 | 2.11% | 7.71% |
Dec 31, 2012 | 4.12% | 9.07% |
Dec 31, 2011 | 3.04% | 7.73% |
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. | Energy | |
---|---|---|
Dec 31, 2023 | 6.52% | 10.16% |
Dec 31, 2022 | 8.18% | 13.49% |
Dec 31, 2021 | 8.12% | 8.10% |
Dec 31, 2020 | -14.08% | -14.38% |
Dec 31, 2019 | 2.13% | 2.62% |
Dec 31, 2018 | 2.88% | 7.32% |
Dec 31, 2017 | 4.59% | 5.77% |
Dec 31, 2016 | 1.85% | 0.93% |
Dec 31, 2015 | 3.96% | 2.78% |
Dec 31, 2014 | 2.58% | 7.51% |
Dec 31, 2013 | 2.11% | 8.04% |
Dec 31, 2012 | 4.12% | 9.23% |
Dec 31, 2011 | 3.04% | 7.89% |
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).