Marathon Petroleum Corp (MPC)
199.51
+0.37
(+0.19%)
USD |
NYSE |
Apr 25, 16:00
198.70
-0.81
(-0.41%)
Pre-Market: 20:00
Marathon Petroleum Gross Profit Margin (Quarterly): 7.85% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 7.85% |
| September 30, 2023 | 12.57% |
| June 30, 2023 | 10.31% |
| March 31, 2023 | 13.68% |
| December 31, 2022 | 13.67% |
| September 30, 2022 | 13.48% |
| June 30, 2022 | 16.30% |
| March 31, 2022 | 5.74% |
| December 31, 2021 | 6.62% |
| September 30, 2021 | 5.95% |
| June 30, 2021 | 5.29% |
| March 31, 2021 | 3.45% |
| December 31, 2020 | 6.08% |
| September 30, 2020 | 2.50% |
| June 30, 2020 | 10.91% |
| March 31, 2020 | -9.85% |
| December 31, 2019 | 9.13% |
| September 30, 2019 | 8.88% |
| June 30, 2019 | 8.83% |
| March 31, 2019 | 4.86% |
| December 31, 2018 | 9.52% |
| September 30, 2018 | 7.95% |
| June 30, 2018 | 9.54% |
| March 31, 2018 | 4.38% |
| December 31, 2017 | 7.17% |
| Date | Value |
|---|---|
| September 30, 2017 | 10.04% |
| June 30, 2017 | 7.74% |
| March 31, 2017 | 4.20% |
| December 31, 2016 | -27.40% |
| September 30, 2016 | 18.29% |
| June 30, 2016 | 22.26% |
| March 31, 2016 | 19.15% |
| December 31, 2015 | 17.47% |
| September 30, 2015 | 22.05% |
| June 30, 2015 | 18.15% |
| March 31, 2015 | 21.57% |
| December 31, 2014 | 16.13% |
| September 30, 2014 | 12.06% |
| June 30, 2014 | 12.27% |
| March 31, 2014 | 9.73% |
| December 31, 2013 | 11.92% |
| September 30, 2013 | 8.76% |
| June 30, 2013 | 11.59% |
| March 31, 2013 | 12.59% |
| December 31, 2012 | 14.42% |
| September 30, 2012 | 16.71% |
| June 30, 2012 | 15.56% |
| March 31, 2012 | 13.08% |
| December 31, 2011 | 23.34% |
| September 30, 2011 | 11.30% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-9.85%
Minimum
Mar 2020
16.30%
Maximum
Jun 2022
7.97%
Average
8.83%
Median
Jun 2019
Gross Profit Margin (Quarterly) Benchmarks
| Valero Energy Corp | 5.26% |
| Phillips 66 | 10.21% |
| ConocoPhillips | 32.55% |
| PBF Energy Inc | 0.92% |
| Exxon Mobil Corp | 21.67% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 29.25% |
| Return on Assets | 11.02% |
| Return on Invested Capital | 16.06% |
| Profit Margin (Quarterly) | 4.00% |
| Operating Margin (Quarterly) | 5.04% |
| Return on Net Operating Assets | 13.76% |