Marathon Petroleum
MPC
#307
Rank
$60.82 B
Marketcap
$172.65
Share price
0.67%
Change (1 day)
32.45%
Change (1 year)

Operating Margin for Marathon Petroleum (MPC)

Operating Margin as of July 2024 (TTM): 8.87%

According to Marathon Petroleum's latest financial reports and stock price the company's current Operating Margin is 8.87%. At the end of 2023 the company had an Operating Margin of 10.28%.

Operating Margin history for Marathon Petroleum from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.28%-15.79%
202212.21%258.67%
20213.40%-119.34%
2020-17.60%-538.14%
20194.02%-25.52%
20185.39%1.53%
20175.31%42.54%
20163.73%-42.42%
20156.47%56.78%
20144.13%21.12%
20133.41%-47.4%
20126.48%34.81%
20114.81%193.25%
20101.64%7.92%
20091.52%-47.65%
20082.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.87%-33.82%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-8.46%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-43.91%๐Ÿ‡บ๐Ÿ‡ธ USA
14.62% 64.83%๐Ÿ‡บ๐Ÿ‡ธ USA
14.58% 64.37%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30% 27.40%๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.42%-104.74%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.