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Marathon Petroleum Corporation  (MPC)
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Marathon Petroleum's Working Capital Ratio

MPC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 1.59 above company average Working Capital Ratio.

Within Oil & Gas Integrated Operations industry Marathon Petroleum Corporation booked the highest Working Capital Ratio than Marathon Petroleum in the forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 301 to 1198.

Explain Working Capital Ratio
How much in Current Assets MPC´s has?
What is the value of MPC´s Current Liabilities?


MPC Working Capital Ratio (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 Current Liabilities Change 0.65 % 1.98 % -38.58 % -32.1 % 11.86 %
Y / Y Current Assets Change -8.83 % 2.81 % -24.05 % -10.72 % 15.56 %
Working Capital Ratio MRQ 1.59 1.67 1.84 1.9 1.76
MPC's Total Ranking # 1198 # 301 # 2264 # 2745 # 1243
Seq. Current Liabilities Change -7.29 % 24.44 % 2.4 % -14.8 % -6.07 %
Seq. Current Assets Change -11.42 % 12.61 % -0.84 % -7.82 % -0.12 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Oil & Gas Integrated Operations Industry # 1
Energy Sector # 33
Overall Market # 1198


Working Capital Ratio Statistics
High Average Low
2.02 1.41 0.94
(Sep 30 2021)   (Dec. 31. 2007)




Financial Statements
Marathon Petroleum's Current Liabilities $ 20,150 Millions Visit MPC's Balance sheet
Marathon Petroleum's Current Assets $ 32,131 Millions Visit MPC's Balance sheet
Source of MPC's Sales Visit MPC's Sales by Geography


Cumulative Marathon Petroleum's Working Capital Ratio

MPC's Working Capital Ratio for the trailling 12 Months

MPC Working Capital Ratio

(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 Current Liabilities TTM Growth 0.65 % 1.98 % -38.58 % -32.1 % 11.86 %
Y / Y Current Assets TTM Growth -8.83 % 2.81 % -24.05 % -10.72 % 15.56 %
Working Capital Ratio TTM 1.74 1.79 1.78 1.67 1.57
Total Ranking TTM # 974 # 3898 # 1981 # 4702 # 1103
Seq. Current Liabilities TTM Growth -7.29 % 24.44 % 2.4 % -14.8 % -6.07 %
Seq. Current Assets TTM Growth -11.42 % 12.61 % -0.84 % -7.82 % -0.12 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the IV Quarter 2023 to $20,150.00 millions, cumulative Working Capital Ratio decreased to 1.74 above the MPC average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil & Gas Integrated Operations industry MPC achieved the highest Working Capital Ratio. While Working Capital Ratio overall ranking has improved so far to 974, from total ranking during the twelve months ending third quarter 2023 at 3898.

Explain Working Capital Ratio
How much in Current Assets MPC´s has?
What is the value of MPC´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Oil & Gas Integrated Operations Industry # 1
Energy Sector # 31
Within the Market # 974


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.93 1.44 1.16
(Sep 30 2021)   (Sep. 30, 2009)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Oil & Gas Integrated Operations Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Marathon Petroleum Corporation  1.59 $ 32,131.000  Millions$ 20,150.000  Millions
Pbf Energy Inc   1.56 $ 6,596.600  Millions$ 4,217.300  Millions
Valero Energy Corp  1.56 $ 26,221.000  Millions$ 16,802.000  Millions
Exxon Mobil Corporation  1.48 $ 96,609.000  Millions$ 65,316.000  Millions
Conocophillips  1.43 $ 14,330.000  Millions$ 10,005.000  Millions
Sunoco Lp  1.40 $ 1,927.000  Millions$ 1,373.000  Millions
Chevron Corp  1.30 $ 41,803.000  Millions$ 32,258.000  Millions
Cvr Energy inc  1.30 $ 2,179.000  Millions$ 1,682.000  Millions
Phillips 66  1.26 $ 19,941.000  Millions$ 15,856.000  Millions
Imperial Oil Limited  1.26 $ 6,356.268  Millions$ 5,057.898  Millions
Bp Plc  1.21 $ 104,146.000  Millions$ 86,078.000  Millions
Hess Corporation  1.18 $ 3,430.000  Millions$ 2,900.000  Millions
Vertex Energy Inc   1.07 $ 352.031  Millions$ 328.826  Millions
Delek Us Holdings Inc   0.99 $ 2,666.000  Millions$ 2,685.100  Millions

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



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