Current Ratio
since 2011
Calculation
Marathon Petroleum Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.59 | = | 32,131) | ÷ | 20,150) |
| Dec 31, 2022 | 1.76 | = | 35,242) | ÷ | 20,020) |
| Dec 31, 2021 | 1.70 | = | 30,496) | ÷ | 17,898) |
| Dec 31, 2020 | 1.81 | = | 28,287) | ÷ | 15,663) |
| Dec 31, 2019 | 1.25 | = | 20,170) | ÷ | 16,147) |
| Dec 31, 2018 | 1.36 | = | 18,023) | ÷ | 13,216) |
| Dec 31, 2017 | 1.28 | = | 13,401) | ÷ | 10,478) |
| Dec 31, 2016 | 1.46 | = | 10,401) | ÷ | 7,146) |
| Dec 31, 2015 | 1.49 | = | 9,471) | ÷ | 6,345) |
| Dec 31, 2014 | 1.32 | = | 11,339) | ÷ | 8,579) |
| Dec 31, 2013 | 1.30 | = | 12,737) | ÷ | 9,824) |
| Dec 31, 2012 | 1.59 | = | 13,029) | ÷ | 8,203) |
| Dec 31, 2011 | 1.25 | = | 12,001) | ÷ | 9,591) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 US$ in millions
Comparison to Competitors
Marathon Petroleum Corp., current ratio, long-term trends, comparison to competitors
| Marathon Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.59 | 1.27 | 1.43 | 1.48 | 0.92 | 1.56 |
| Dec 31, 2022 | 1.76 | 1.47 | 1.46 | 1.41 | 1.15 | 1.38 |
| Dec 31, 2021 | 1.70 | 1.26 | 1.34 | 1.04 | 1.23 | 1.26 |
| Dec 31, 2020 | 1.81 | 1.18 | 2.25 | 0.80 | 1.07 | 1.71 |
| Dec 31, 2019 | 1.25 | 1.07 | 2.40 | 0.78 | 1.25 | 1.44 |
| Dec 31, 2018 | 1.36 | 1.25 | 1.79 | 0.84 | 1.34 | 1.65 |
| Dec 31, 2017 | 1.28 | 1.03 | 1.76 | 0.82 | 1.12 | 1.74 |
| Dec 31, 2016 | 1.46 | 0.93 | 1.25 | 0.87 | 1.32 | 2.02 |
| Dec 31, 2015 | 1.49 | 1.34 | 0.95 | 0.79 | 1.37 | 2.03 |
| Dec 31, 2014 | 1.32 | 1.32 | 1.31 | 0.82 | 1.68 | 1.66 |
| Dec 31, 2013 | 1.30 | 1.52 | 1.26 | 0.83 | 1.34 | 1.47 |
| Dec 31, 2012 | 1.59 | 1.63 | 1.38 | 1.01 | 1.30 | 1.38 |
| Dec 31, 2011 | 1.25 | 1.58 | 1.08 | 0.94 | 1.45 | 1.26 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Marathon Petroleum Corp., current ratio, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Marathon Petroleum Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 1.59 | 1.42 |
| Dec 31, 2022 | 1.76 | 1.46 |
| Dec 31, 2021 | 1.70 | 1.23 |
| Dec 31, 2020 | 1.81 | 1.16 |
| Dec 31, 2019 | 1.25 | 1.08 |
| Dec 31, 2018 | 1.36 | 1.14 |
| Dec 31, 2017 | 1.28 | 1.08 |
| Dec 31, 2016 | 1.46 | 1.07 |
| Dec 31, 2015 | 1.49 | 1.09 |
| Dec 31, 2014 | 1.32 | 1.13 |
| Dec 31, 2013 | 1.30 | 1.14 |
| Dec 31, 2012 | 1.59 | 1.28 |
| Dec 31, 2011 | 1.25 | 1.16 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Industry (Energy)
Marathon Petroleum Corp., current ratio, long-term trends, comparison to industry (energy)
| Marathon Petroleum Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 1.59 | 1.42 |
| Dec 31, 2022 | 1.76 | 1.44 |
| Dec 31, 2021 | 1.70 | 1.23 |
| Dec 31, 2020 | 1.81 | 1.17 |
| Dec 31, 2019 | 1.25 | 1.09 |
| Dec 31, 2018 | 1.36 | 1.15 |
| Dec 31, 2017 | 1.28 | 1.09 |
| Dec 31, 2016 | 1.46 | 1.13 |
| Dec 31, 2015 | 1.49 | 1.19 |
| Dec 31, 2014 | 1.32 | 1.19 |
| Dec 31, 2013 | 1.30 | 1.20 |
| Dec 31, 2012 | 1.59 | 1.33 |
| Dec 31, 2011 | 1.25 | 1.20 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).