Marathon Petroleum
MPC
$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 |
|---|---|---|
| 2021 | 3.40% | -119.34% |
| 2020 | -17.60% | -491.8% |
| 2019 | 4.49% | -21.39% |
| 2018 | 5.71% | 7.59% |
| 2017 | 5.31% | 42.54% |
| 2016 | 3.73% | -42.42% |
| 2015 | 6.47% | 56.78% |
| 2014 | 4.13% | 21.12% |
| 2013 | 3.41% | -47.4% |
| 2012 | 6.48% | 34.9% |
| 2011 | 4.80% | 191.9% |
| 2010 | 1.65% | 8.35% |
| 2009 | 1.52% | -47.65% |
| 2008 | 2.90% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 9.65% | -26.67% | 🇬🇧 UK |
 Phillips 66 PSX | 10.20% | -22.49% | 🇺🇸 USA |
 Exxon Mobil XOM | 21.79% | 65.58% | 🇺🇸 USA |
 Chevron CVX | 21.80% | 65.65% | 🇺🇸 USA |
 HollyFrontier HFC | 4.98% | -62.19% | 🇺🇸 USA |
 Valero Energy VLO | 1.35% | -89.74% | 🇺🇸 USA |
 Delek US DK | 1.75% | -86.70% | 🇺🇸 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.