Marathon Cost Of Revenue vs Net Income Analysis

MPC Stock

USD 171.66 2.85 1.63%

Marathon Petroleum financial indicator trend analysis is infinitely more than just investigating Marathon Petroleum Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marathon Petroleum Corp is a good investment. Please check the relationship between Marathon Petroleum Cost Of Revenue and its Net Income accounts. 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.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marathon Petroleum Corp Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Marathon Petroleum's Cost Of Revenue and Net Income is 0.64. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Marathon Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Marathon Petroleum's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Marathon Petroleum Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Marathon Petroleum's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Marathon Petroleum Corp income statement and represents the costs associated with goods and services Marathon Petroleum provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Marathon Petroleum Corp financial statement analysis. It represents the amount of money remaining after all of Marathon Petroleum Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Marathon Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.58, whereas Selling General Administrative 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

Gross Profit Total Revenue

Marathon Petroleum fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab
Total Assets		0.99	0.65	0.87	0.94	0.98	0.69	0.95	0.77	0.33	0.97	-0.1	0.39	0.72	0.87	-0.39	0.88	0.99	0.97	0.62	0.21	0.91	0.93	0.82	0.68	0.96
Short Long Term Debt Total	0.99		0.68	0.86	0.9	0.97	0.66	0.98	0.71	0.27	0.95	-0.12	0.35	0.68	0.82	-0.36	0.88	1.0	0.95	0.72	0.22	0.93	0.91	0.83	0.75	0.98
Other Current Liab	0.65	0.68		0.76	0.49	0.55	0.13	0.61	0.64	0.48	0.51	0.31	0.67	0.7	0.32	-0.5	0.67	0.68	0.6	0.72	-0.36	0.76	0.71	0.82	0.88	0.68
Total Current Liabilities	0.87	0.86	0.76		0.74	0.77	0.46	0.76	0.95	0.64	0.75	0.05	0.67	0.94	0.6	-0.37	0.78	0.86	0.83	0.6	-0.03	0.93	0.93	0.97	0.72	0.82
Total Stockholder Equity	0.94	0.9	0.49	0.74		0.95	0.77	0.88	0.67	0.25	0.97	-0.1	0.3	0.61	0.95	-0.34	0.83	0.91	0.94	0.44	0.31	0.76	0.84	0.66	0.49	0.87
Property Plant And Equipment Net	0.98	0.97	0.55	0.77	0.95		0.73	0.97	0.65	0.17	0.99	-0.17	0.25	0.59	0.9	-0.38	0.85	0.97	0.96	0.58	0.28	0.85	0.86	0.71	0.62	0.95
Current Deferred Revenue	0.69	0.66	0.13	0.46	0.77	0.73		0.71	0.37	-0.12	0.76	-0.12	0.01	0.26	0.85	0.04	0.78	0.66	0.71	0.3	0.6	0.45	0.49	0.35	0.32	0.55
Net Debt	0.95	0.98	0.61	0.76	0.88	0.97	0.71		0.57	0.07	0.95	-0.14	0.18	0.53	0.84	-0.31	0.88	0.98	0.93	0.73	0.3	0.87	0.83	0.72	0.74	0.96
Accounts Payable	0.77	0.71	0.64	0.95	0.67	0.65	0.37	0.57		0.78	0.64	0.06	0.76	0.98	0.52	-0.36	0.64	0.72	0.73	0.33	-0.12	0.81	0.87	0.89	0.5	0.67
Cash	0.33	0.27	0.48	0.64	0.25	0.17	-0.12	0.07	0.78		0.16	0.08	0.84	0.83	0.03	-0.29	0.18	0.28	0.26	0.07	-0.34	0.44	0.55	0.68	0.19	0.25
Non Current Assets Total	0.97	0.95	0.51	0.75	0.97	0.99	0.76	0.95	0.64	0.16		-0.13	0.23	0.57	0.94	-0.37	0.85	0.96	0.96	0.52	0.3	0.81	0.84	0.67	0.58	0.93
Non Currrent Assets Other	-0.1	-0.12	0.31	0.05	-0.1	-0.17	-0.12	-0.14	0.06	0.08	-0.13		0.4	0.08	-0.07	-0.42	0.16	-0.12	-0.03	-0.15	-0.67	-0.1	0.01	0.0	0.27	-0.09
Cash And Short Term Investments	0.39	0.35	0.67	0.67	0.3	0.25	0.01	0.18	0.76	0.84	0.23	0.4		0.82	0.08	-0.43	0.43	0.35	0.33	0.12	-0.53	0.51	0.63	0.7	0.44	0.34
Net Receivables	0.72	0.68	0.7	0.94	0.61	0.59	0.26	0.53	0.98	0.83	0.57	0.08	0.82		0.42	-0.36	0.61	0.69	0.68	0.38	-0.18	0.81	0.87	0.92	0.52	0.66
Good Will	0.87	0.82	0.32	0.6	0.95	0.9	0.85	0.84	0.52	0.03	0.94	-0.07	0.08	0.42		-0.24	0.79	0.83	0.89	0.35	0.42	0.63	0.69	0.47	0.41	0.78
Common Stock Shares Outstanding	-0.39	-0.36	-0.5	-0.37	-0.34	-0.38	0.04	-0.31	-0.36	-0.29	-0.37	-0.42	-0.43	-0.36	-0.24		-0.22	-0.37	-0.47	-0.1	0.65	-0.33	-0.5	-0.35	-0.35	-0.43
Short Term Investments	0.88	0.88	0.67	0.78	0.83	0.85	0.78	0.88	0.64	0.18	0.85	0.16	0.43	0.61	0.79	-0.22		0.88	0.85	0.62	0.21	0.79	0.8	0.74	0.77	0.83
Non Current Liabilities Total	0.99	1.0	0.68	0.86	0.91	0.97	0.66	0.98	0.72	0.28	0.96	-0.12	0.35	0.69	0.83	-0.37	0.88		0.95	0.69	0.21	0.93	0.92	0.83	0.73	0.98
Inventory	0.97	0.95	0.6	0.83	0.94	0.96	0.71	0.93	0.73	0.26	0.96	-0.03	0.33	0.68	0.89	-0.47	0.85	0.95		0.53	0.16	0.85	0.89	0.75	0.62	0.92
Other Current Assets	0.62	0.72	0.72	0.6	0.44	0.58	0.3	0.73	0.33	0.07	0.52	-0.15	0.12	0.38	0.35	-0.1	0.62	0.69	0.53		0.22	0.69	0.52	0.69	0.83	0.68
Other Stockholder Equity	0.21	0.22	-0.36	-0.03	0.31	0.28	0.6	0.3	-0.12	-0.34	0.3	-0.67	-0.53	-0.18	0.42	0.65	0.21	0.21	0.16	0.22		0.03	-0.03	-0.05	-0.16	0.13
Total Liab	0.91	0.93	0.76	0.93	0.76	0.85	0.45	0.87	0.81	0.44	0.81	-0.1	0.51	0.81	0.63	-0.33	0.79	0.93	0.85	0.69	0.03		0.92	0.91	0.78	0.93
Property Plant And Equipment Gross	0.93	0.91	0.71	0.93	0.84	0.86	0.49	0.83	0.87	0.55	0.84	0.01	0.63	0.87	0.69	-0.5	0.8	0.92	0.89	0.52	-0.03	0.92		0.91	0.64	0.91
Total Current Assets	0.82	0.83	0.82	0.97	0.66	0.71	0.35	0.72	0.89	0.68	0.67	0.0	0.7	0.92	0.47	-0.35	0.74	0.83	0.75	0.69	-0.05	0.91	0.91		0.74	0.8
Short Term Debt	0.68	0.75	0.88	0.72	0.49	0.62	0.32	0.74	0.5	0.19	0.58	0.27	0.44	0.52	0.41	-0.35	0.77	0.73	0.62	0.83	-0.16	0.78	0.64	0.74		0.73
Other Liab	0.96	0.98	0.68	0.82	0.87	0.95	0.55	0.96	0.67	0.25	0.93	-0.09	0.34	0.66	0.78	-0.43	0.83	0.98	0.92	0.68	0.13	0.93	0.91	0.8	0.73

Click cells to compare fundamentals

Marathon Petroleum Account Relationship Matchups

Marathon Petroleum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	98.6B	85.2B	85.4B	89.9B	87.4B	58.5B
Short Long Term Debt Total	31.3B	33.1B	26.9B	27.9B	28.5B	16.3B
Other Current Liab	897M	2.7B	1.0B	3.3B	2.8B	2.9B
Total Current Liabilities	16.1B	15.7B	17.9B	20.0B	20.2B	12.6B
Total Stockholder Equity	33.7B	22.2B	26.2B	27.7B	24.4B	19.7B
Property Plant And Equipment Net	48.1B	40.6B	38.8B	36.9B	36.3B	28.3B
Current Deferred Revenue	2.3B	1.8B	2.1B	1.2B	1.4B	1.7B
Net Debt	29.8B	32.5B	21.6B	19.3B	23.1B	13.5B
Accounts Payable	11.6B	7.8B	13.7B	15.3B	13.8B	9.3B
Cash	1.5B	555M	5.3B	8.6B	5.4B	2.8B
Non Current Assets Total	78.4B	56.9B	54.9B	54.7B	55.3B	39.8B
Non Currrent Assets Other	(3.0B)	(3.6B)	(3.2B)	(2.8B)	3.0B	3.2B
Cash And Short Term Investments	1.5B	555M	10.8B	11.8B	10.2B	10.7B
Net Receivables	7.9B	5.8B	11.0B	13.5B	11.6B	6.6B
Good Will	20.2B	20.0B	8.3B	8.2B	9.5B	6.3B
Common Stock Shares Outstanding	664M	649M	638M	516M	409M	487.1M
Liabilities And Stockholders Equity	90.1B	78.1B	79.0B	83.5B	87.4B	55.6B
Non Current Liabilities Total	39.3B	39.3B	33.9B	34.8B	35.9B	21.7B
Inventory	10.2B	8.0B	8.1B	8.8B	9.3B	6.7B
Other Current Assets	528M	2.7B	568M	1.2B	971M	553.0M
Other Stockholder Equity	18.0B	18.1B	13.4B	1.6B	(10.0B)	(9.5B)
Total Liab	55.4B	54.9B	51.8B	54.8B	56.0B	32.9B
Property Plant And Equipment Gross	48.1B	40.6B	62.0B	62.7B	65.0B	33.6B
Total Current Assets	20.2B	28.3B	30.5B	35.2B	32.1B	18.7B
Accumulated Other Comprehensive Income	(320M)	(512M)	(67M)	2M	(131M)	(137.6M)
Short Term Debt	1.3B	3.4B	1.0B	1.4B	2.4B	2.5B
Other Liab	9.3B	9.5B	8.0B	8.3B	9.6B	5.4B
Other Assets	3.4B	9.6B	2.4B	3.1B	3.5B	2.1B
Long Term Debt	28.1B	28.7B	24.4B	25.2B	25.3B	15.8B
Intangible Assets	2.9B	2.4B	2.1B	10.1B	11.6B	12.2B
Property Plant Equipment	45.6B	39.0B	38.8B	36.9B	42.4B	28.4B
Net Tangible Assets	14.6B	14.9B	20.0B	20.4B	23.5B	14.3B
Noncontrolling Interest In Consolidated Entity	8.4B	7.1B	6.4B	6.4B	7.4B	5.4B
Retained Earnings	16.0B	4.7B	12.9B	26.1B	34.6B	36.3B
Retained Earnings Total Equity	16.0B	4.7B	12.9B	26.1B	30.1B	31.6B
Capital Surpluse	33.2B	33.2B	33.3B	33.4B	38.4B	21.9B

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When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:

How To Invest In Marathon

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Is Marathon Stock a good investment?

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What is Marathon Petroleum's Net Worth?

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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.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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

(0.58)

Dividend Share

3.225

Earnings Share

20.13

Revenue Per Share

381.603

Quarterly Revenue Growth

(0.06)

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.

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Marathon Cost Of Revenue vs Net Income Analysis

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Net Income

Marathon Petroleum fundamental ratios Correlations

Marathon Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Marathon Petroleum fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Marathon Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.67	Non Currrent Assets Other
Other Stockholder Equity	- 0.53	Cash And Short Term Investments
Property Plant And Equipment Gross	- 0.5	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.5	Other Current Liab
Inventory	- 0.47	Common Stock Shares Outstanding
Other Liab	- 0.43	Common Stock Shares Outstanding