Marathon Petroleum (MPC) ROIC: History & Chart

Name: Marathon Petroleum Corporation (MPC) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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Marathon Petroleum Corporation(MPC)

Oil & Gas Refining & Marketing · Findlay, OH

$395.93+3.51 (+0.89%)

Delayed quote: Sep 11, 2026, 4:00 PM EDT

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About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf Coast, Mid-Continent, and West Coast regions. This division also acquires refined petroleum products and ethanol for subsequent distribution. Key outputs from this segment encompass a diverse array of transportation fuels, including different gasoline blends, heavy fuel oil, and asphalt. Additionally, it manufactures chemicals such as aromatics, propane, propylene, and sulfur. MPC sells these refined goods through multiple channels, including wholesale marketers domestically and globally, purchasers on the open spot market, and independent entrepreneurs who manage primarily Marathon-branded retail locations. It also supplies fuel via long-term agreements to direct dealer sites, predominantly under the ARCO brand. The Midstream segment handles the comprehensive movement, storage, distribution, and commercialization of crude oil and refined products. This is achieved through its extensive network of refining logistics assets, pipelines, terminals, towboats, and barges. Moreover, this segment engages in the collection, processing, and transportation of natural gas, alongside the gathering, transport, fractionation, storage, and marketing of natural gas liquids. By December 31, 2021, the corporation supported 7,159 branded jobber retail points, managed by independent entrepreneurs, spanning 37 U.S. states, the District of Columbia, and Mexico. Marathon Petroleum Corporation, established in 1887, maintains its corporate headquarters in Findlay, Ohio.

Findlay, OH

18,500 employees

www.marathonpetroleum.com

Energy / Oil & Gas Refining & Marketing

Sector: Energy
Industry: Oil & Gas Refining & Marketing
CEO: Maryann T. Mannen

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MPC Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

14.33%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

8.48%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

11.77%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

12.25%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

8.75%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

11.00%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

N/A

CURRENT VS TTM AVG

+69.01%

CURRENT VS 3Y AVG

+21.74%

CURRENT VS 5Y AVG

+16.96%

CURRENT VS 10Y AVG

+63.83%

CURRENT VS 15Y AVG

+30.30%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · ENERGY

8.92%

median of 50 covered companies

CURRENT VS SECTOR MEDIAN

+60.62%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
Marathon Petroleum Corporation (MPC)	$115.59B	14.33%	8.48%	11.77%	12.25%
Valero Energy Corporation (VLO)vs ›	$112.41B	16.52%	6.96%	15.13%	10.18%
Canadian Natural Resources Limited (CNQ)vs ›	$104.43B	13.86%	12.12%	13.45%	10.71%
Phillips 66 (PSX)vs ›	$104.03B	12.71%	3.97%	7.78%	4.95%
The Williams Companies, Inc. (WMB)vs ›	$89.11B	6.64%	5.63%	5.90%	5.28%
Enterprise Products Partners L.P. (EPD)vs ›	$84.16B	11.34%	10.90%	11.31%	10.78%
Slb N.V. (SLB)vs ›	$83.20B	9.15%	12.04%	11.73%	9.83%
Suncor Energy Inc. (SU)vs ›	$81.27B	14.57%	14.70%	16.95%	14.20%
Eni S.p.A. (E)vs ›	$81.20B	1.92%	3.40%	5.69%	5.08%
EOG Resources, Inc. (EOG)vs ›	$78.49B	16.57%	14.05%	17.01%	13.41%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

Marathon Petroleum Corporation (MPC)

$115.59B

14.33%

8.48%

11.77%

12.25%

Valero Energy Corporation (VLO)vs ›

$112.41B

16.52%

6.96%

15.13%

10.18%

Canadian Natural Resources Limited (CNQ)vs ›

$104.43B

13.86%

12.12%

13.45%

10.71%

Phillips 66 (PSX)vs ›

$104.03B

12.71%

3.97%

7.78%

4.95%

The Williams Companies, Inc. (WMB)vs ›

$89.11B

6.64%

5.63%

5.90%

5.28%

Enterprise Products Partners L.P. (EPD)vs ›

$84.16B

11.34%

10.90%

11.31%

10.78%

Slb N.V. (SLB)vs ›

$83.20B

9.15%

12.04%

11.73%

9.83%

Suncor Energy Inc. (SU)vs ›

$81.27B

14.57%

14.70%

16.95%

14.20%

Eni S.p.A. (E)vs ›

$81.20B

1.92%

3.40%

5.69%

5.08%

EOG Resources, Inc. (EOG)vs ›

$78.49B

16.57%

14.05%

17.01%

13.41%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?

The return on invested capital (ROIC) for MPC stock is 14.33%.

Is Marathon Petroleum Corporation's return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 14.33% is 17% above its 5-year average of 12.25%, around the middle of its 5-year range (0.62%–26.53%).

What is the TTM average return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?

The TTM average return on invested capital (ROIC) for MPC stock is 8.48%.

What is the 3Y average return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?

The 3Y average return on invested capital (ROIC) for MPC stock is 11.77%.

What is the 5Y average return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?

The 5Y average return on invested capital (ROIC) for MPC stock is 12.25%.

What is the 10Y average return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?

The 10Y average return on invested capital (ROIC) for MPC stock is 8.75%.

What is the 15Y average return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?

The 15Y average return on invested capital (ROIC) for MPC stock is 11.00%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	14.33%
2026-03-31	8.62%
2025-12-31	7.08%
2025-09-30	6.03%
2025-06-30	6.33%
2025-03-31	6.93%
2024-12-31	9.01%
2024-09-30	9.97%
2024-06-30	13.31%
2024-03-31	14.18%
2023-12-31	16.43%
2023-09-30	19.32%
2023-06-30	21.47%
2023-03-31	26.53%
2022-12-31	23.62%
2022-09-30	20.86%
2022-06-30	15.27%
2022-03-31	7.66%
2021-12-31	5.73%
2021-09-30	3.95%
2021-06-30	0.62%
2021-03-31	0.10%
2020-12-31	-17.00%
2020-09-30	-16.32%
2020-06-30	-11.65%
2020-03-31	-9.73%
2019-12-31	5.10%
2019-09-30	6.27%
2019-06-30	5.73%
2019-03-31	5.50%
2018-12-31	5.48%
2018-09-30	10.76%
2018-06-30	11.53%
2018-03-31	9.80%
2017-12-31	10.13%
2017-09-30	6.10%
2017-06-30	4.12%
2017-03-31	4.56%
2016-12-31	4.24%
2016-09-30	3.89%
2016-06-30	5.68%
2016-03-31	5.86%
2015-12-31	8.36%
2015-09-30	15.88%
2015-06-30	14.99%
2015-03-31	15.11%
2014-12-31	12.34%
2014-09-30	11.71%
2014-06-30	10.86%
2014-03-31	9.41%
2013-12-31	12.11%
2013-09-30	12.80%
2013-06-30	17.55%
2013-03-31	18.01%
2012-12-31	18.19%
2012-09-30	14.29%
2012-06-30	14.69%
2012-03-31	15.44%
2011-12-31	14.88%
2011-09-30	16.18%
2011-06-30	11.85%
2011-03-31	9.21%
2010-12-31	4.03%
2010-09-30	2.23%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

14.33%

2026-03-31

8.62%

2025-12-31

7.08%

2025-09-30

6.03%

2025-06-30

6.33%

2025-03-31

6.93%

2024-12-31

9.01%

2024-09-30

9.97%

2024-06-30

13.31%

2024-03-31

14.18%

2023-12-31

16.43%

2023-09-30

19.32%

2023-06-30

21.47%

2023-03-31

26.53%

2022-12-31

23.62%

2022-09-30

20.86%

2022-06-30

15.27%

2022-03-31

7.66%

2021-12-31

5.73%

2021-09-30

3.95%

2021-06-30

0.62%

2021-03-31

0.10%

2020-12-31

-17.00%

2020-09-30

-16.32%

2020-06-30

-11.65%

2020-03-31

-9.73%

2019-12-31

5.10%

2019-09-30

6.27%

2019-06-30

5.73%

2019-03-31

5.50%

2018-12-31

5.48%

2018-09-30

10.76%

2018-06-30

11.53%

2018-03-31

9.80%

2017-12-31

10.13%

2017-09-30

6.10%

2017-06-30

4.12%

2017-03-31

4.56%

2016-12-31

4.24%

2016-09-30

3.89%

2016-06-30

5.68%

2016-03-31

5.86%

2015-12-31

8.36%

2015-09-30

15.88%

2015-06-30

14.99%

2015-03-31

15.11%

2014-12-31

12.34%

2014-09-30

11.71%

2014-06-30

10.86%

2014-03-31

9.41%

2013-12-31

12.11%

2013-09-30

12.80%

2013-06-30

17.55%

2013-03-31

18.01%

2012-12-31

18.19%

2012-09-30

14.29%

2012-06-30

14.69%

2012-03-31

15.44%

2011-12-31

14.88%

2011-09-30

16.18%

2011-06-30

11.85%

2011-03-31

9.21%

2010-12-31

4.03%

2010-09-30

2.23%

Return on Invested Capital (ROIC): 14.33%

MPC Return on Invested Capital (ROIC)

MPC Average Return on Invested Capital (ROIC) Chart

MPC Current vs Average Return on Invested Capital (ROIC) Chart

MPC Return on Invested Capital (ROIC) Metrics

MPC Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

MPC Return on Invested Capital (ROIC) History

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