Marathon Petroleum
MPC
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 |
|---|---|---|
| 2022 | 10.69% | 282.53% |
| 2021 | 2.79% | -172.04% |
| 2020 | -3.88% | -181.42% |
| 2019 | 4.76% | -7.54% |
| 2018 | 5.15% | 15.54% |
| 2017 | 4.46% | 13.77% |
| 2016 | 3.92% | -37.02% |
| 2015 | 6.22% | 61.68% |
| 2014 | 3.85% | 15.77% |
| 2013 | 3.33% | -48.85% |
| 2012 | 6.50% | 35.38% |
| 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 | 6.38% | -44.04% | 🇬🇧 UK |
 Phillips 66 PSX | 9.97% | -12.54% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | 75.18% | 🇺🇸 USA |
 Chevron CVX | 19.83% | 73.95% | 🇺🇸 USA |
 HollyFrontier HFC | 4.98% | -56.36% | 🇺🇸 USA |
 Valero Energy VLO | 8.67% | -23.95% | 🇺🇸 USA |
 Delek US DK | 2.15% | -81.14% | 🇺🇸 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.