Marathon Petroleum Corp (MPC)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.15% | 8.05% | 9.00% | 9.71% | 11.24% | 13.17% | 13.46% | 15.63% | 14.50% | 13.10% | 12.16% | 8.86% | 8.67% | 8.91% | 8.57% | 10.17% | 5.96% | 7.02% | 8.40% | 8.00% |
| Operating profit margin | 4.58% | 5.22% | 7.00% | 7.76% | 9.18% | 10.53% | 11.75% | 13.50% | 11.93% | 10.54% | 8.00% | 3.95% | 3.12% | 2.45% | 1.04% | 0.88% | -3.72% | -1.68% | 0.69% | 1.53% |
| Pretax margin | 4.28% | 5.17% | 7.34% | 7.98% | 9.41% | 10.68% | 11.51% | 13.11% | 11.48% | 9.93% | 7.37% | 3.24% | 2.34% | 1.48% | -1.03% | -1.79% | -19.47% | -16.78% | -11.80% | -9.14% |
| Net profit margin | 2.47% | 3.18% | 4.86% | 5.39% | 6.51% | 7.59% | 8.12% | 9.38% | 8.14% | 6.88% | 5.10% | 1.92% | 1.07% | 0.46% | -1.68% | -2.78% | -15.78% | -13.43% | -9.59% | -7.33% |
Marathon Petroleum Corp's profitability ratios have shown fluctuations over the reporting periods.
- The gross profit margin has improved steadily from 8.00% in March 2020 to 8.15% in December 2024, reaching its peak at 15.63% in March 2023.
- The operating profit margin was negative in the second half of 2020 but steadily increased thereafter, reaching 7.00% in June 2024.
- The pretax margin has shown a positive trend, moving from negative values in early 2020 to 4.28% in December 2024.
- The net profit margin also exhibited an upward trajectory, increasing from negative figures in 2020 to 2.47% in December 2024, although showing some volatility along the way.
Overall, Marathon Petroleum Corp's profitability ratios have generally shown improvement, with fluctuations observed over time despite some periods of negative profitability.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.09% | 9.29% | 12.14% | 13.29% | 15.61% | 17.82% | 21.34% | 27.12% | 23.67% | 20.44% | 13.28% | 5.91% | 4.40% | 2.83% | 0.97% | 0.72% | -3.05% | -1.60% | 0.74% | 1.86% |
| Return on assets (ROA) | 4.37% | 5.67% | 8.43% | 9.23% | 11.08% | 12.84% | 14.75% | 18.83% | 16.14% | 13.34% | 8.46% | 2.87% | 1.51% | 0.53% | -1.56% | -2.26% | -12.95% | -12.78% | -10.21% | -8.94% |
| Return on total capital | 23.67% | 38.77% | 48.35% | 49.15% | 55.91% | 62.17% | 66.47% | 82.23% | 71.26% | 63.85% | 47.72% | 22.12% | 14.55% | 9.13% | 1.00% | -0.23% | -53.52% | -38.78% | -36.93% | -32.32% |
| Return on equity (ROE) | 13.40% | 23.90% | 33.69% | 34.44% | 39.67% | 44.66% | 49.57% | 61.02% | 52.36% | 45.48% | 31.11% | 10.89% | 4.92% | 1.68% | -5.10% | -9.06% | -49.70% | -36.49% | -36.38% | -32.03% |
Marathon Petroleum Corp's profitability ratios have shown a mixed performance over the past few years.
1. Operating Return on Assets (Operating ROA): The Operating ROA has improved significantly from -3.05% in December 2020 to 27.12% in March 2023, indicating a strong operational efficiency and profitability during this period.
2. Return on Assets (ROA): The ROA also shows a positive trend, increasing from -12.95% in December 2020 to 9.23% in March 2024. This indicates the company's ability to generate profits relative to its total assets, with a turnaround in profitability observed over time.
3. Return on Total Capital: The Return on Total Capital has shown consistent improvement, increasing from -53.52% in December 2020 to 38.77% in September 2024. This signifies efficient utilization of both debt and equity capital to generate returns for investors.
4. Return on Equity (ROE): The ROE has seen a steady growth, rising from -49.70% in December 2020 to 13.40% in December 2024. This indicates the company's ability to generate returns for its shareholders, with an increasing trend of profitability over the years.
Overall, Marathon Petroleum Corp's profitability ratios reflect a positive trajectory, with improvements in operational efficiency, asset utilization, and returns to both capital providers and equity shareholders.
See also:
Marathon Petroleum Corp Profitability Ratios (Quarterly Data)