Marathon Petroleum Corporation logo

MPC

Marathon Petroleum Corporation

$165.46

Earnings Summary

Revenue
$32706Mn
Net Profits
$937Mn
Net Profit Margins
2.86%
PE Ratio
8.22

Highlights

Revenue:

Marathon Petroleum Corporation’s revenue fell -5.77% since last year same period to $32706Mn in the Q1 2024. On a quarterly growth basis, Marathon Petroleum Corporation has generated -9.99% fall in its revenue since last 3-months.

Net Profits:

Marathon Petroleum Corporation’s net profit fell -65.6% since last year same period to $937Mn in the Q1 2024. On a quarterly growth basis, Marathon Petroleum Corporation has generated -35.42% fall in its net profits since last 3-months.

Net Profit Margins:

Marathon Petroleum Corporation’s net profit margin fell -63.5% since last year same period to 2.86% in the Q1 2024. On a quarterly growth basis, Marathon Petroleum Corporation has generated -28.26% fall in its net profit margins since last 3-months.

PE Ratio:

Marathon Petroleum Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.22.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Marathon Petroleum Corporation post its latest quarter earnings

EPS Estimate Current Quarter
4.37
EPS Estimate Current Year
4.37

Highlights

EPS Estimate Current Quarter:

Marathon Petroleum Corporation’s earning per share (EPS) estimates for the current quarter stand at 4.37 - a 80.58% jump from last quarter’s estimates.

EPS Estimate Current Year:

Marathon Petroleum Corporation’s earning per share (EPS) estimates for the current year stand at 4.37.

Key Ratios

Key ratios of the Marathon Petroleum Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
2.58
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.3
Dividend Per Share (DPS)
0.83

Highlights

Earning Per Share (EPS):

Marathon Petroleum Corporation’s earning per share (EPS) fell -57.64% since last year same period to 2.58 in the Q1 2024. This indicates that the Marathon Petroleum Corporation has generated -57.64% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Marathon Petroleum Corporation’s return on assets (ROA) stands at 0.08.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Marathon Petroleum Corporation’s return on equity (ROE) stands at 0.3.

Dividend Per Share (DPS):

Marathon Petroleum Corporation declared 0.83 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
2.42
2.58
6.61%