Return on Assets (ROA)
since 2011
Calculation
Marathon Petroleum Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to MPC1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.26% | = | 100 | × | 9,681) | ÷ | 85,987) |
| Dec 31, 2022 | 16.15% | = | 100 | × | 14,516) | ÷ | 89,904) |
| Dec 31, 2021 | 11.41% | = | 100 | × | 9,738) | ÷ | 85,373) |
| Dec 31, 2020 | -11.54% | = | 100 | × | (9,826) | ÷ | 85,158) |
| Dec 31, 2019 | 2.68% | = | 100 | × | 2,637) | ÷ | 98,556) |
| Dec 31, 2018 | 2.99% | = | 100 | × | 2,780) | ÷ | 92,940) |
| Dec 31, 2017 | 7.00% | = | 100 | × | 3,432) | ÷ | 49,047) |
| Dec 31, 2016 | 2.64% | = | 100 | × | 1,174) | ÷ | 44,413) |
| Dec 31, 2015 | 6.61% | = | 100 | × | 2,852) | ÷ | 43,115) |
| Dec 31, 2014 | 8.29% | = | 100 | × | 2,524) | ÷ | 30,460) |
| Dec 31, 2013 | 7.44% | = | 100 | × | 2,112) | ÷ | 28,385) |
| Dec 31, 2012 | 12.45% | = | 100 | × | 3,389) | ÷ | 27,223) |
| Dec 31, 2011 | 9.28% | = | 100 | × | 2,389) | ÷ | 25,745) |
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., ROA, long-term trends, comparison to competitors
| Marathon Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | Texas Pacific Land Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 11.26% | 8.17% | 11.42% | 9.57% | 6.35% | 35.08% |
| Dec 31, 2022 | 16.15% | 13.76% | 19.91% | 15.10% | 18.32% | 50.87% |
| Dec 31, 2021 | 11.41% | 6.52% | 8.91% | 6.80% | 3.09% | 35.33% |
| Dec 31, 2020 | -11.54% | -2.31% | -4.31% | -6.74% | -18.52% | 30.80% |
| Dec 31, 2019 | 2.68% | 1.23% | 10.20% | 3.95% | -0.61% | 53.28% |
| Dec 31, 2018 | 2.99% | 5.84% | 8.94% | 6.02% | 9.42% | 73.57% |
| Dec 31, 2017 | 7.00% | 3.62% | -1.17% | 5.65% | 3.12% | 59.91% |
| Dec 31, 2016 | 2.64% | -0.19% | -4.03% | 2.37% | -1.33% | 59.63% |
| Dec 31, 2015 | 6.61% | 1.72% | -4.54% | 4.80% | -18.02% | 99.21% |
| Dec 31, 2014 | 8.29% | 7.23% | 5.89% | 9.30% | 1.09% | 105.02% |
| Dec 31, 2013 | 7.44% | 8.44% | 7.76% | 9.39% | 8.50% | 121.75% |
| Dec 31, 2012 | 12.45% | 11.24% | 7.19% | 13.45% | 7.16% | 92.74% |
| Dec 31, 2011 | 9.28% | 12.84% | 8.12% | 12.40% | 11.28% | 75.08% |
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., ROA, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Marathon Petroleum Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 11.26% | 9.08% |
| Dec 31, 2022 | 16.15% | 15.57% |
| Dec 31, 2021 | 11.41% | 6.62% |
| Dec 31, 2020 | -11.54% | -6.33% |
| Dec 31, 2019 | 2.68% | 3.09% |
| Dec 31, 2018 | 2.99% | 6.48% |
| Dec 31, 2017 | 7.00% | 4.10% |
| Dec 31, 2016 | 2.64% | 0.44% |
| Dec 31, 2015 | 6.61% | 1.15% |
| Dec 31, 2014 | 8.29% | 7.52% |
| Dec 31, 2013 | 7.44% | 8.77% |
| Dec 31, 2012 | 12.45% | 11.24% |
| Dec 31, 2011 | 9.28% | 11.57% |
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., ROA, long-term trends, comparison to industry (energy)
| Marathon Petroleum Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 11.26% | 9.06% |
| Dec 31, 2022 | 16.15% | 15.18% |
| Dec 31, 2021 | 11.41% | 6.51% |
| Dec 31, 2020 | -11.54% | -7.37% |
| Dec 31, 2019 | 2.68% | 1.67% |
| Dec 31, 2018 | 2.99% | 6.17% |
| Dec 31, 2017 | 7.00% | 3.54% |
| Dec 31, 2016 | 2.64% | 0.19% |
| Dec 31, 2015 | 6.61% | 1.31% |
| Dec 31, 2014 | 8.29% | 7.57% |
| Dec 31, 2013 | 7.44% | 8.87% |
| Dec 31, 2012 | 12.45% | 11.07% |
| Dec 31, 2011 | 9.28% | 11.39% |
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).