The historical rank and industry rank for Marathon Petroleum's Net Margin % or its related term are showing as below:
MPC'
s Net Margin % Range Over the Past 10 Years
Min: -14.08 Med: 3.6 Max: 8.18
Current: 3.19
MPC's Net Margin % is ranked worse than 51.37% of 948
companies
in the Oil & Gas industry
Industry Median: 3.7
vs MPC: 3.19
Marathon Petroleum Net Margin % Historical Data
The historical data trend for Marathon Petroleum's Net Margin % 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 Petroleum's Net Margin %
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Net Margin %, along with its competitors' market caps and Net Margin % 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 Petroleum's Net Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Petroleum's Net Margin % distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum's Net Margin % falls into.
Marathon Petroleum Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Marathon Petroleum's Net Margin 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 Petroleum (NYSE:MPC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Marathon Petroleum Net Margin % Related Terms
Thank you for viewing the detailed overview of Marathon Petroleum's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility has the ability to produce 730 million gallons a year of renewable diesel. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MPC has been successfully added to your 