Marathon Petroleum
MPC
#243
Rank
$70.76 B
Marketcap
$196.38
Share price
0.70%
Change (1 day)
56.24%
Change (1 year)

Operating Margin for Marathon Petroleum (MPC)

Operating Margin as of April 2024 (TTM): 11.40%

According to Marathon Petroleum's latest financial reports and stock price the company's current Operating Margin is 11.40%. At the end of 2022 the company had an Operating Margin of 10.69%.

Operating Margin history for Marathon Petroleum from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202210.69%282.53%
20212.79%-172.04%
2020-3.88%-181.42%
20194.76%-7.54%
20185.15%15.54%
20174.46%13.77%
20163.92%-37.02%
20156.22%61.68%
20143.85%15.77%
20133.33%-48.85%
20126.50%35.38%
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
6.38%-44.04%๐Ÿ‡ฌ๐Ÿ‡ง UK
9.97%-12.54%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97% 75.18%๐Ÿ‡บ๐Ÿ‡ธ USA
19.83% 73.95%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-56.36%๐Ÿ‡บ๐Ÿ‡ธ USA
8.67%-23.95%๐Ÿ‡บ๐Ÿ‡ธ USA
2.15%-81.14%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.