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Marathon Petroleum Corporation (MPC) |
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MPC's Operating Income Growth by Quarter and Year
Marathon Petroleum's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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MPC Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
2,395.00
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4,739.00
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1,778.00
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-354.00
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III Quarter |
September |
4,753.00
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6,686.00
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1,340.00
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-1,057.00
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II Quarter |
June |
3,305.00
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8,328.00
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965.00
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981.00
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I Quarter |
March |
4,061.00
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1,716.00
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217.00
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-11,817.00
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FY |
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14,514.00
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21,469.00
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4,300.00
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-12,247.00
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MPC Operating Income fourth quarter 2023 Y/Y Growth Comment |
Marathon Petroleum Corporation reported drop in Operating Income in the fourth quarter 2023 by -49.46% to $ 2,395.00 millions, from the same quarter in 2022. The fall in the fourth quarter 2023 Marathon Petroleum Corporation's Operating Income compares unfavorably to the Company's average Operating Income increase of 15.18%.
According to the results reported in the fourth quarter 2023, Marathon Petroleum Corporation achieved the best Operating Income growth in Oil & Gas Integrated Operations industry. While Marathon Petroleum Corporation' s Operating Income meltdown of -49.46% ranks overall at the positon no. 500 in the fourth quarter 2023.
Explain Operating Income growth
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MPC Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-49.46 % |
166.54 % |
- |
- |
III Quarter |
September |
-28.91 % |
398.96 % |
- |
- |
II Quarter |
June |
-60.31 % |
763.01 % |
-1.63 % |
-51.96 % |
I Quarter |
March |
136.66 % |
690.78 % |
- |
- |
FY |
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-32.4 % |
399.28 % |
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MPC Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-49.61 % |
-29.12 % |
32.69 % |
- |
III Quarter |
September |
43.81 % |
-19.72 % |
38.86 % |
- |
II Quarter |
June |
-18.62 % |
385.31 % |
344.7 % |
- |
I Quarter |
March |
-14.31 % |
-3.49 % |
- |
- |
FY (Year on Year) |
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-32.4 % |
399.28 % |
- |
- |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
753.69 % |
15.18 % |
-319.64 % |
(Sep 30 2022) |
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(Dec 31 2020) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
753.69 % |
15.18 % |
-319.64 % |
(Sep 30 2022) |
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(Dec 31 2020) |
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Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Marathon Petroleum's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
1653.33 % |
62.46 % |
-89.74 % |
(Jun 30 2016) |
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MPC's IV. Quarter Q/Q Operating Income Comment |
In the IV. Quarter 2023 Marathon Petroleum Corporation reported fall in Operating Income from the third quarter by -49.61% to $ 2,395.00 millions, from $ 4,753.00 millions declared in the previous reporting period.
If you analyse present slump in the quarter, you should presume, that commonly IV. Quarter Operating Income appear to be softer in contrast to the third quarter, Ruben Goossens, a business expert added.
Within Oil & Gas Integrated Operations industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Marathon Petroleum's Operating Income growth quarter on quarter, overall rank is 1229. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
1653.33 % |
62.46 % |
-89.74 % |
(Jun 30 2016) |
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MPC's IV. Quarter Q/Q Operating Income Comment |
In the IV. Quarter 2023 Marathon Petroleum Corporation reported fall in Operating Income from the third quarter by -49.61% to $ 2,395.00 millions, from $ 4,753.00 millions achived in the previous reporting period.
If you analyse present downturn in the quarter, you should assume, that usually IV. Quarter 2023 results emerge sluggish in contrast to the preciding period, Ruben Goossens, a business expert mentioned.
Within Oil & Gas Integrated Operations industry 5 other companies have achieved higher Operating Income quarter on quarter growth. While Marathon Petroleum's Operating Income growth quarter on quarter, overall rank is 1229. |
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Marathon Petroleum's 12 Months Operating Income Growth Year on Year
Operating 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 Operating Income 12 Months Ending |
$ 14,514.00 |
$ 16,858.00 |
$ 18,791.00 |
$ 23,814.00 |
$ 21,469.00 |
Y / Y Operating Income Growth (TTM) |
-32.4 % |
-8.92 % |
42.77 % |
310.66 % |
399.28 % |
Year on Year Operating Income Growth Overall
Ranking |
# 32 |
# 8 |
# 22 |
# 6 |
# 12 |
Seqeuential Operating Income Change (TTM) |
-13.9 % |
-10.29 % |
-21.09 % |
10.92 % |
16 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 500 |
# 94 |
# 72 |
# 100 |
# 180 |
Cumulative Operating Income growth
Comment |
Marathon Petroleum's cumulative 12 months Operating Income continue to drop, but on the faster rate at -32.4% year on year, at Dec 31 2023 compare to the -8.92% decrease at Sep 30 2023. If the Marathon Petroleum's fiscal year would end at Dec 31 2023, annual Operating Income would be $14,514 millions.
Marathon Petroleum Corporation achieved highest trailing twelve month year on year Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 8 to 32. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
753.69 % |
15.18 % |
-319.64 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
753.69 % |
15.18 % |
-319.64 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 17 |
S&P 500 |
# 500 |
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Cumulative Operating Income growth
Comment |
Marathon Petroleum's cumulative 12 months Operating Income continue to drop, but on the faster rate at -32.4% year on year, at Dec 31 2023 compare to the -8.92% decrease at Sep 30 2023. If the Marathon Petroleum's fiscal year would end at Dec 31 2023, annual Operating Income would be $14,514 millions.
Marathon Petroleum Corporation achieved highest trailing twelve month year on year Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 8 to 32. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
753.69 % |
15.18 % |
-319.64 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
753.69 % |
15.18 % |
-319.64 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 17 |
S&P 500 |
# 500 |
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