Return on Equity (ROE)
since 2011
Calculation
Marathon Petroleum Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to MPC1 | ÷ | Total MPC stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 39.67% | = | 100 | × | 9,681) | ÷ | 24,404) |
| Dec 31, 2022 | 52.38% | = | 100 | × | 14,516) | ÷ | 27,715) |
| Dec 31, 2021 | 37.16% | = | 100 | × | 9,738) | ÷ | 26,206) |
| Dec 31, 2020 | -44.26% | = | 100 | × | (9,826) | ÷ | 22,199) |
| Dec 31, 2019 | 7.83% | = | 100 | × | 2,637) | ÷ | 33,694) |
| Dec 31, 2018 | 7.90% | = | 100 | × | 2,780) | ÷ | 35,175) |
| Dec 31, 2017 | 24.46% | = | 100 | × | 3,432) | ÷ | 14,033) |
| Dec 31, 2016 | 8.66% | = | 100 | × | 1,174) | ÷ | 13,557) |
| Dec 31, 2015 | 21.55% | = | 100 | × | 2,852) | ÷ | 13,237) |
| Dec 31, 2014 | 23.48% | = | 100 | × | 2,524) | ÷ | 10,751) |
| Dec 31, 2013 | 19.34% | = | 100 | × | 2,112) | ÷ | 10,920) |
| Dec 31, 2012 | 28.98% | = | 100 | × | 3,389) | ÷ | 11,694) |
| Dec 31, 2011 | 25.13% | = | 100 | × | 2,389) | ÷ | 9,505) |
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., ROE, long-term trends, comparison to competitors
| Marathon Petroleum Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|
| Dec 31, 2023 | 39.67% | 13.28% | 22.23% | 17.58% | 15.52% | 33.53% |
| Dec 31, 2022 | 52.38% | 22.27% | 38.91% | 28.58% | 44.22% | 48.93% |
| Dec 31, 2021 | 37.16% | 11.24% | 17.79% | 13.67% | 11.42% | 5.05% |
| Dec 31, 2020 | -44.26% | -4.21% | -9.05% | -14.28% | -79.85% | -7.56% |
| Dec 31, 2019 | 7.83% | 2.03% | 20.55% | 7.48% | -1.95% | 11.11% |
| Dec 31, 2018 | 7.90% | 9.59% | 19.59% | 10.87% | 19.37% | 14.41% |
| Dec 31, 2017 | 24.46% | 6.21% | -2.79% | 10.50% | 6.37% | 18.48% |
| Dec 31, 2016 | 8.66% | -0.34% | -10.34% | 4.69% | -2.67% | 11.43% |
| Dec 31, 2015 | 21.55% | 3.00% | -11.14% | 9.45% | -32.15% | 19.44% |
| Dec 31, 2014 | 23.48% | 12.41% | 13.23% | 18.65% | 1.76% | 17.56% |
| Dec 31, 2013 | 19.34% | 14.37% | 17.58% | 18.72% | 13.69% | 13.98% |
| Dec 31, 2012 | 28.98% | 19.18% | 17.56% | 27.06% | 11.49% | 11.55% |
| Dec 31, 2011 | 25.13% | 22.16% | 19.07% | 26.59% | 18.00% | 12.73% |
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., ROE, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Marathon Petroleum Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 39.67% | 18.46% |
| Dec 31, 2022 | 52.38% | 30.85% |
| Dec 31, 2021 | 37.16% | 14.29% |
| Dec 31, 2020 | -44.26% | -15.01% |
| Dec 31, 2019 | 7.83% | 6.26% |
| Dec 31, 2018 | 7.90% | 11.38% |
| Dec 31, 2017 | 24.46% | 8.71% |
| Dec 31, 2016 | 8.66% | 1.64% |
| Dec 31, 2015 | 21.55% | 3.64% |
| Dec 31, 2014 | 23.48% | 14.61% |
| Dec 31, 2013 | 19.34% | 16.47% |
| Dec 31, 2012 | 28.98% | 21.32% |
| Dec 31, 2011 | 25.13% | 22.65% |
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., ROE, long-term trends, comparison to industry (energy)
| Marathon Petroleum Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 39.67% | 18.55% |
| Dec 31, 2022 | 52.38% | 30.45% |
| Dec 31, 2021 | 37.16% | 14.23% |
| Dec 31, 2020 | -44.26% | -17.24% |
| Dec 31, 2019 | 7.83% | 3.86% |
| Dec 31, 2018 | 7.90% | 10.98% |
| Dec 31, 2017 | 24.46% | 7.69% |
| Dec 31, 2016 | 8.66% | 1.11% |
| Dec 31, 2015 | 21.55% | 3.81% |
| Dec 31, 2014 | 23.48% | 14.59% |
| Dec 31, 2013 | 19.34% | 16.52% |
| Dec 31, 2012 | 28.98% | 20.90% |
| Dec 31, 2011 | 25.13% | 22.17% |
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).