Operating Profit Margin
since 2011
Calculation
Marathon Petroleum Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Income (loss) from operations1 | ÷ | Sales and other operating revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 9.78% | = | 100 | × | 14,514) | ÷ | 148,379) |
| Dec 31, 2022 | 12.10% | = | 100 | × | 21,469) | ÷ | 177,453) |
| Dec 31, 2021 | 3.58% | = | 100 | × | 4,300) | ÷ | 119,983) |
| Dec 31, 2020 | -17.55% | = | 100 | × | (12,247) | ÷ | 69,779) |
| Dec 31, 2019 | 4.50% | = | 100 | × | 5,576) | ÷ | 123,949) |
| Dec 31, 2018 | 5.77% | = | 100 | × | 5,571) | ÷ | 96,504) |
| Dec 31, 2017 | 5.31% | = | 100 | × | 3,969) | ÷ | 74,733) |
| Dec 31, 2016 | 3.75% | = | 100 | × | 2,378) | ÷ | 63,339) |
| Dec 31, 2015 | 6.51% | = | 100 | × | 4,692) | ÷ | 72,051) |
| Dec 31, 2014 | 4.14% | = | 100 | × | 4,051) | ÷ | 97,817) |
| Dec 31, 2013 | 3.42% | = | 100 | × | 3,425) | ÷ | 100,160) |
| Dec 31, 2012 | 6.50% | = | 100 | × | 5,347) | ÷ | 82,243) |
| Dec 31, 2011 | 4.76% | = | 100 | × | 3,745) | ÷ | 78,638) |
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., operating profit margin, long-term trends, comparison to competitors
| Marathon Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|
| Dec 31, 2023 | 9.78% | 8.19% |
| Dec 31, 2022 | 12.10% | 8.90% |
| Dec 31, 2021 | 3.58% | 1.87% |
| Dec 31, 2020 | -17.55% | -2.43% |
| Dec 31, 2019 | 4.50% | 3.54% |
| Dec 31, 2018 | 5.77% | 3.91% |
| Dec 31, 2017 | 5.31% | 3.83% |
| Dec 31, 2016 | 3.75% | 4.72% |
| Dec 31, 2015 | 6.51% | 7.24% |
| Dec 31, 2014 | 4.14% | 4.51% |
| Dec 31, 2013 | 3.42% | 2.87% |
| Dec 31, 2012 | 6.50% | 2.88% |
| Dec 31, 2011 | 4.76% | 2.92% |
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).