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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Marathon Petroleum's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -78.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Marathon Petroleum's 3-Year ROIIC % or its related term are showing as below:
The historical data trend for Marathon Petroleum's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marathon Petroleum Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
3-Year ROIIC % | Get a 7-Day Free Trial | 4.42 | -15.75 | 1.37 | -47.00 | -78.37 |
Marathon Petroleum Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
3-Year ROIIC % | Get a 7-Day Free Trial | - | -78.37 | - | - | - |
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, Marathon Petroleum's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum's 3-Year ROIIC % falls into.
Marathon Petroleum's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC % | = | 3-Year Incremental Net Operating Profit After Taxes (NOPAT)** | / | 3-Year Incremental Invested Capital** |
= | ( 10122.255 (Dec. 2023) - -2223.8005 (Dec. 2020) ) | / | ( 59350 (Dec. 2023) - 75103 (Dec. 2020) ) | |
= | 12346.0555 | / | -15753 | |
= | -78.37%*** |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Marathon Petroleum (NYSE:MPC) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Thank you for viewing the detailed overview of Marathon Petroleum's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rucker Kim K.w. | director | KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093 |
Timothy J Aydt | officer: Ex VP and CCO, MPLX GP LLC | C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840 |
Carl Kristopher Hagedorn | officer: Senior VP and Controller | C/O CONE MIDSTREAM PARTNERS LP, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317 |
Shawn M Lyon | officer: SVP Log & Storage, MPLX GP LLC | C/O MPLX, 200 E HARDIN STREET, FINDLAY OH 45840 |
Gregory Scott Floerke | officer: Ex VP & COO, MPLX GP LLC | C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202 |
Toni Townes-whitley | director | 8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102 |
Michael J Hennigan | officer: President & CEO, MPLX GP LLC | 3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073 |
Suzanne Gagle | officer: VP and General Counsel | C/O MPC, FINDLAY OH 45840 |
Thomas Kaczynski | officer: VP, Finance and Treasurer | C/O MARATHON PETROLEUM CORPORATION, FINDLAY OH 45840 |
Raymond L Brooks | officer: Sr. VP, Refining | C/O MPC, FINDLAY OH 45840 |
Charles E Bunch | director | PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
Brian C Davis | officer: Exec VP, Chief Commercial Ofc | C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840 |
Maryann T. Mannen | officer: Exec VP & Chief Fin Ofc | C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840 |
Jonathan Z Cohen | director | 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103 |
James E Rohr | director | 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222 |
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