Marathon Petroleum
MPC
#353
Rank
S$71.66 B
Marketcap
$214.12
Share price
-1.18%
Change (1 day)
2.61%
Change (1 year)

Operating Margin for Marathon Petroleum (MPC)

Operating Margin as of September 2024 (TTM): 8.21%

According to Marathon Petroleum's latest financial reports and stock price the company's current Operating Margin is 8.21%. 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
5.12%-37.64%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-1.10%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-39.40%๐Ÿ‡บ๐Ÿ‡ธ USA
14.03% 70.89%๐Ÿ‡บ๐Ÿ‡ธ USA
14.78% 80.02%๐Ÿ‡บ๐Ÿ‡ธ USA
11.30% 37.64%๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.62%-107.55%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.