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Marathon Petroleum Corporation (MPC) |
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MPC's Net Income Growth by Quarter and Year
Marathon Petroleum's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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MPC Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
1,877.00
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3,641.00
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1,105.00
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574.00
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III Quarter |
September |
3,631.00
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5,020.00
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1,030.00
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-609.00
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II Quarter |
June |
2,580.00
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6,217.00
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8,802.00
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276.00
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I Quarter |
March |
3,084.00
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1,172.00
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64.00
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-10,218.00
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FY |
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11,172.00
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16,050.00
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11,001.00
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-9,977.00
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MPC Net Income fourth quarter 2023 Y/Y Growth Comment |
Marathon Petroleum Corporation reported drop in Net Income in the fourth quarter 2023 by -48.45% to $ 1,877.00 millions, from the same quarter in 2022. The fall in the fourth quarter 2023 Marathon Petroleum Corporation's Net Income compares unfavorably to the Company's average Net Income jump of 66.05%.
According to the results reported in the fourth quarter 2023, Marathon Petroleum Corporation achieved the best Net Income growth in Oil & Gas Integrated Operations industry. While Marathon Petroleum Corporation' s Net Income meltdown of -48.45% ranks overall at the positon no. 414 in the fourth quarter 2023.
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MPC Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-48.45 % |
229.5 % |
92.51 % |
119.08 % |
III Quarter |
September |
-27.67 % |
387.38 % |
- |
- |
II Quarter |
June |
-58.5 % |
-29.37 % |
3089.13 % |
-79.81 % |
I Quarter |
March |
163.14 % |
1731.25 % |
- |
- |
FY |
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-30.39 % |
45.9 % |
- |
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MPC Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-48.31 % |
-27.47 % |
7.28 % |
- |
III Quarter |
September |
40.74 % |
-19.25 % |
-88.3 % |
- |
II Quarter |
June |
-16.34 % |
430.46 % |
13653.13 % |
- |
I Quarter |
March |
-15.3 % |
6.06 % |
-88.85 % |
- |
FY (Year on Year) |
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-30.39 % |
45.9 % |
- |
- |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
3870.16 % |
66.05 % |
-406.51 % |
(Mar 31 2022) |
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(Dec 31 2020) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
3870.16 % |
66.05 % |
-406.51 % |
(Mar 31 2022) |
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(Dec 31 2020) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Marathon Petroleum's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
13653.13 % |
292.87 % |
-88.94 % |
(Jun 30 2021) |
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MPC's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 Marathon Petroleum Corporation realized fall in Net Income from the third quarter by -48.31% to $ 1,877.00 millions, from $ 3,631.00 millions released in the previous reporting period.
This is not huge issue, as Net Income frequently tend to slow in the IV. Quarter.
Within Oil & Gas Integrated Operations industry 4 other companies have achieved higher Net Income quarter on quarter growth. While Marathon Petroleum's Net Income growth quarter on quarter, overall rank is 1042. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
13653.13 % |
292.87 % |
-88.94 % |
(Jun 30 2021) |
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MPC's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 Marathon Petroleum Corporation disclosed fall in Net Income from the third quarter by -48.31% to $ 1,877.00 millions, from $ 3,631.00 millions declared in the previous reporting period.
As we look into recent shortcoming at the IV. Quarter, we should presume, that commonly IV. Quarter performance appear to be sluggish then in the third quarter, Savannah Green, Oil & Gas Integrated Operations industry insider said.
Within Oil & Gas Integrated Operations industry 4 other companies have achieved higher Net Income quarter on quarter growth. While Marathon Petroleum's Net Income growth quarter on quarter, overall rank is 1042. |
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Marathon Petroleum's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 11,172.00 |
$ 12,936.00 |
$ 14,325.00 |
$ 17,962.00 |
$ 16,050.00 |
Y / Y Net Income Growth (TTM) |
-30.39 % |
-4.28 % |
50.41 % |
48.34 % |
45.9 % |
Year on Year Net Income Growth Overall
Ranking |
# 238 |
# 544 |
# 448 |
# 3 |
# 9 |
Seqeuential Net Income Change (TTM) |
-13.64 % |
-9.7 % |
-20.25 % |
11.91 % |
18.77 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 414 |
# 453 |
# 1423 |
# 991 |
# 596 |
Cumulative Net Income growth
Comment |
Marathon Petroleum's cumulative 12 months Net Income continue to drop, but on the faster rate at -30.39% year on year, at Dec 31 2023 compare to the -4.28% decrease at Sep 30 2023. If the Marathon Petroleum's fiscal year would end at Dec 31 2023, annual Net Income would be $11,172 millions.
Among companies within the Energy sector 8 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 238, from total ranking in previous quarter at 544. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
3870.16 % |
66.05 % |
-406.51 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
3870.16 % |
66.05 % |
-406.51 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 15 |
S&P 500 |
# 414 |
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Cumulative Net Income growth
Comment |
Marathon Petroleum's cumulative 12 months Net Income continue to drop, but on the faster rate at -30.39% year on year, at Dec 31 2023 compare to the -4.28% decrease at Sep 30 2023. If the Marathon Petroleum's fiscal year would end at Dec 31 2023, annual Net Income would be $11,172 millions.
Among companies within the Energy sector 8 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 238, from total ranking in previous quarter at 544. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
3870.16 % |
66.05 % |
-406.51 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
3870.16 % |
66.05 % |
-406.51 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 15 |
S&P 500 |
# 414 |
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