Marathon Petroleum Corp (MPC)
182.55
-0.40
(-0.22%)
USD |
NYSE |
May 03, 16:00
182.90
+0.35
(+0.19%)
After-Hours: 20:00
Marathon Petroleum Gross Profit Margin (Quarterly): 6.99% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 6.99% |
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% |
Date | Value |
---|---|
December 31, 2017 | 7.17% |
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% |
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
7.92%
Average
8.34%
Median
Gross Profit Margin (Quarterly) Benchmarks
Valero Energy Corp | 6.21% |
Phillips 66 | 8.16% |
ConocoPhillips | 30.96% |
PBF Energy Inc | 2.52% |
HF Sinclair Corp | 9.17% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 24.64% |
Return on Assets | 9.07% |
Return on Invested Capital | 13.31% |
Profit Margin (Quarterly) | 2.86% |
Operating Margin (Quarterly) | 3.91% |
Return on Net Operating Assets | 11.31% |