Marathon Petroleum
MPC
#355
Rank
$46.83 B
Marketcap
$108.91
Share price
2.87%
Change (1 day)
4.45%
Change (1 year)

Operating Margin for Marathon Petroleum (MPC)

Operating Margin as of June 2023 (TTM): 13.16%

According to Marathon Petroleum's latest financial reports and stock price the company's current Operating Margin is 13.16%. At the end of 2021 the company had an Operating Margin of 3.40%.

Operating Margin history for Marathon Petroleum from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20213.40%-119.34%
2020-17.60%-491.8%
20194.49%-21.39%
20185.71%7.59%
20175.31%42.54%
20163.73%-42.42%
20156.47%56.78%
20144.13%21.12%
20133.41%-47.4%
20126.48%34.9%
20114.80%191.9%
20101.65%8.35%
20091.52%-47.65%
20082.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.65%-26.67%๐Ÿ‡ฌ๐Ÿ‡ง UK
10.20%-22.49%๐Ÿ‡บ๐Ÿ‡ธ USA
21.79% 65.58%๐Ÿ‡บ๐Ÿ‡ธ USA
21.80% 65.65%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-62.19%๐Ÿ‡บ๐Ÿ‡ธ USA
1.35%-89.74%๐Ÿ‡บ๐Ÿ‡ธ USA
1.75%-86.70%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.