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Marathon Petroleum Corporation  (MPC)
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Marathon Petroleum's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Marathon Petroleum in the forth quarter 2023?
Marathon Petroleum Corporation achieved a return on average equity (ROE) of 35.29 % in its forth quarter 2023, this is above MPC's average return on equity of 17.37%.
Marathon Petroleum Corporations equity during the 12 months ending in the forth quarter 2023 are valued at $31 billion

ROE decreased relative to the period ending , due to the decline in net income.

Within the Oil & Gas Integrated Operations industry only one company had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 174, from total ROE ranking in the third quarter 2023 at 250.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change -10.6 % -2.99 % -3.38 % 7.78 % -
Y / Y Net Income Change -48.45 % -27.67 % -58.5 % 163.14 % 229.5 %
Net Income (TTM) in Millions 11,172 12,936 14,325 17,962 16,050
Return On Equity (TTM) 35.29 % 39.73 % 43.67 % 54.3 % 49.4 %
MPC's Total Ranking # 174 # 250 # 235 # 243 # 164
Equity (TTM) in Millions 30,504 31,828 31,600 32,695 34,119
Seq. Equity Change -4.16 % 0.72 % -3.35 % -4.17 % 4 %
Seq. Net Income Change -48.31 % 40.74 % -16.34 % -15.3 % -27.47 %

Return On Equity Company Ranking
Within: No.
Industry # 2
Sector # 17
Overall # 174

Return On Equity Statistics
High Average Low
54.3 %
17.37 %
-33.02 %
(Mar 31 2023)   (Dec 31 2020)





MPC Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 30,504 34,119 32,616 29,252 42,139
Y / Y Equity Change -10.6 % 4.61 % 11.5 % -30.58 % -4.34 %
Net Income in Millions 11,172 16,050 11,001 -9,977 3,255
Y / Y Net Income Change -30.39 % 45.9 % - - -9.73 %
Return On Equity 36.62 % 47.04 % 33.73 % -34.11 % 7.72 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 36.62 %, due to deterioration of net income.


More Return On Equity Ratios
Oil & Gas Integrated Operations Industry Roe Trends and Statistics
Energy Sector Return On Equity Statistics
MPC's' Return on Equity at Yahoo Finance
MPC's Roe Ratio versus Oil & Gas Integrated Operations Industry, Energy Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for MPC's Competitors
Return On Equity for Marathon Petroleum's Suppliers
Roe for MPC's Customers




Companies with similar Return On Equity at Dec 31 2023, within Energy Sector ROE
Cvr Energy inc  85.74 %
Gulfport Energy Corp  73.60 %
Par Pacific Holdings Inc   69.16 %
Northern Oil And Gas Inc   62.37 %
Valaris Limited  59.62 %
W and t Offshore inc   51.65 %
Klx Energy Services Holdings Inc   49.93 %
Consol Energy Inc   49.80 %
Chord Energy Corporation  48.23 %
Alpha Metallurgical Resources Inc   46.23 %
Texas Pacific Land Corporation  43.57 %
Cnx Resources Corporation  43.37 %
Vital Energy inc   37.64 %
Enerplus Corporation  37.16 %
Marathon Petroleum Corporation  35.29 %
Pbf Energy Inc   34.67 %
Valero Energy Corp  32.78 %
Liberty Energy Inc   32.28 %
Arch Resources inc   32.20 %
Halliburton Company  29.75 %
Riley Exploration Permian Inc   28.67 %
Eog Resources Inc   28.24 %
Warrior Met Coal Inc   27.91 %
Omega Flex Inc   27.25 %
California Resources Corp  26.63 %
Southwestern Energy Company  24.75 %
Magnolia Oil and Gas Corp  24.23 %
Sm Energy Co  24.15 %
Ramaco Resources Inc   23.58 %
Chesapeake Energy Corporation  23.22 %


Date modified: 2024-02-29T16:53:20+00:00



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