Marathon Historical Income Statement
MPC Stock | USD 196.99 0.39 0.20% |
Historical analysis of Marathon Petroleum income statement accounts such as Gross Profit of 10.5 B can show how well Marathon Petroleum Corp performed in making a profits. Evaluating Marathon Petroleum income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Marathon Petroleum's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Marathon Petroleum Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Marathon Petroleum Corp is a good buy for the upcoming year.
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About Marathon Income Statement Analysis
Marathon Petroleum Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Marathon Petroleum shareholders. The income statement also shows Marathon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Marathon Petroleum Income Statement Chart
Marathon Petroleum Corp Income Statement is one of the three primary financial statements used for reporting Marathon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Marathon Petroleum Corp revenue and expense. Marathon Petroleum Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Marathon Petroleum's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 14.2 B, whereas Depreciation And Amortization is forecasted to decline to about 2.1 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Marathon Petroleum Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Marathon Petroleum Corp minus its cost of goods sold. It is profit before Marathon Petroleum operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Marathon Petroleum Corp. It is also known as Marathon Petroleum overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Marathon Petroleum's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Marathon Petroleum Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At present, Marathon Petroleum's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 14.2 B, whereas Depreciation And Amortization is forecasted to decline to about 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.4B | 26.6B | 16.6B | 10.5B | Total Revenue | 120.5B | 178.2B | 148.5B | 98.4B |
Marathon Petroleum income statement Correlations
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Marathon Petroleum Account Relationship Matchups
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Marathon Petroleum income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 3.2B | 3.4B | 3.4B | 3.2B | 3.4B | 2.1B | |
Interest Expense | 1.2B | (1.3B) | (1.3B) | (1.0B) | 1.3B | 1.4B | |
Total Revenue | 111.3B | 69.9B | 120.5B | 178.2B | 148.5B | 98.4B | |
Gross Profit | 12.0B | 4.2B | 10.4B | 26.6B | 16.6B | 10.5B | |
Other Operating Expenses | 106.9B | 82.2B | 116.4B | 156.8B | 134.9B | 92.8B | |
Operating Income | 5.1B | (2.6B) | 3.8B | 19.8B | 13.6B | 14.2B | |
Ebit | 5.1B | (2.6B) | 3.8B | 19.8B | 13.6B | 14.2B | |
Ebitda | 8.3B | 775M | 7.1B | 23.0B | 16.9B | 17.8B | |
Cost Of Revenue | 99.2B | 65.7B | 110.0B | 151.7B | 131.9B | 87.9B | |
Total Operating Expenses | 7.6B | 16.5B | 6.4B | 5.1B | 3.0B | 4.9B | |
Income Before Tax | 3.2B | (13.6B) | 2.8B | 20.5B | 14.0B | 14.7B | |
Total Other Income Expense Net | (1.8B) | (11.0B) | (940M) | 719M | 428M | 449.4M | |
Net Income | 1.8B | (11.0B) | 1.3B | 14.5B | 9.7B | 10.2B | |
Income Tax Expense | 784M | 2.4B | 264M | 4.5B | 2.8B | 1.4B | |
Selling General Administrative | 3.4B | 2.7B | 2.5B | 2.8B | 3.0B | 2.1B | |
Net Income Applicable To Common Shares | 2.6B | (9.8B) | 9.7B | 14.5B | 16.7B | 17.5B | |
Net Income From Continuing Ops | 3.3B | (11.2B) | 2.6B | 16.0B | 12.9B | 13.5B | |
Minority Interest | 618M | (151M) | (1.3B) | (1.5B) | (1.4B) | (1.3B) | |
Tax Provision | 1.1B | (2.3B) | 264M | 4.5B | 3.4B | 3.6B | |
Interest Income | 40M | 1.4B | 1.5B | 1.0B | 520M | 589.1M | |
Net Interest Income | (1.2B) | (1.4B) | (1.5B) | (1B) | (663M) | (696.2M) | |
Reconciled Depreciation | 3.6B | 3.4B | 3.4B | 3.2B | 3.3B | 3.4B | |
Extraordinary Items | 806M | 1.2B | 8.4B | 72M | 82.8M | 78.7M |
Marathon Petroleum Investors Sentiment
The influence of Marathon Petroleum's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Marathon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Marathon Petroleum's public news can be used to forecast risks associated with an investment in Marathon. The trend in average sentiment can be used to explain how an investor holding Marathon can time the market purely based on public headlines and social activities around Marathon Petroleum Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Marathon Petroleum's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Marathon Petroleum's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Marathon Petroleum's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Marathon Petroleum.
Marathon Petroleum Implied Volatility | 25.48 |
Marathon Petroleum's implied volatility exposes the market's sentiment of Marathon Petroleum Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Marathon Petroleum's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Marathon Petroleum stock will not fluctuate a lot when Marathon Petroleum's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marathon Petroleum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marathon Petroleum's short interest history, or implied volatility extrapolated from Marathon Petroleum options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Petroleum Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Marathon Stock analysis
When running Marathon Petroleum's price analysis, check to measure Marathon Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marathon Petroleum is operating at the current time. Most of Marathon Petroleum's value examination focuses on studying past and present price action to predict the probability of Marathon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marathon Petroleum's price. Additionally, you may evaluate how the addition of Marathon Petroleum to your portfolios can decrease your overall portfolio volatility.
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Is Marathon Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Petroleum. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 3.15 | Earnings Share 23.63 | Revenue Per Share 366.948 | Quarterly Revenue Growth (0.09) |
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.