Marathon Petroleum Corporation (MPC) Return on Invested Capital (ROIC): 7.03%
Is Marathon Petroleum Corporation’s return on invested capital (ROIC) high or low?
Marathon Petroleum Corporation's return on invested capital (ROIC) of 7.03% is in line with its 5-year average of 6.94%, around the middle of its 5-year range (-13.81%–20.76%).
The return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC) is 7.03% as of Wednesday, June 10, 2026. It is below its 12-month average by 1.61% (7.14%).
MPC Return on Invested Capital (ROIC) Chart
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
RETURN ON INVESTED CAPITAL (ROIC)
7.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.15%
CURRENT VS TTM AVG
-1.61%
CURRENT VS 3Y AVG
-43.51%
CURRENT VS 5Y AVG
+1.25%
CURRENT VS 10Y AVG
+5.57%
CURRENT VS 15Y AVG
-16.56%
CURRENT VS 20Y AVG
-13.71%
MPC Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Marathon Petroleum Corporation (MPC) | — | 7.03% | 7.14% | 12.45% | 6.94% |
| Valero Energy Corporation (VLO) | $76.63B | 7.12% | 6.89% | 15.02% | 10.37% |
| EOG Resources, Inc. (EOG) | $74.71B | 58.12% | 36.44% | 28.12% | 20.84% |
| Phillips 66 (PSX) | $72.86B | 4.75% | 3.97% | 7.78% | 5.11% |
| SLB N.V. (SLB) | $82.98B | 10.34% | 12.04% | 11.73% | 9.77% |
| ONEOK, Inc. (OKE) | $57.06B | 8.62% | 7.46% | 8.21% | 8.27% |
| Occidental Petroleum Corporation (OXY) | $56.79B | 3.15% | 4.32% | 8.73% | 6.32% |
| Antero Midstream Corporation (AM) | $10.32B | 8.18% | 8.25% | 7.88% | 6.27% |
| ConocoPhillips (COP) | $146.50B | 6.72% | 7.22% | 11.71% | 9.00% |
| Helmerich & Payne, Inc. (HP) | $3.93B | 3.92% | 4.98% | 5.10% | 0.49% |
Capital Efficiency
ROIC
7.0%
ROE
27.6%
Marathon Petroleum Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Marathon Petroleum Corporation 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 7.03%.
- Is Marathon Petroleum Corporation's return on invested capital (ROIC) high or low?
- Marathon Petroleum Corporation's return on invested capital (ROIC) of 7.03% is in line with its 5-year average of 6.94%, around the middle of its 5-year range (-13.81%–20.76%).
- 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 7.14%.
- 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 12.45%.
- 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 6.94%.
- 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 6.66%.
- 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 8.43%.
- What is the 20Y average return on invested capital (ROIC) for Marathon Petroleum Corporation (MPC)?
- The 20Y average return on invested capital (ROIC) for MPC stock is 8.15%.
Marathon Petroleum Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 7.03% |
| 2024-12-31 | 7.26% |
| 2023-12-31 | 14.73% |
| 2022-12-31 | 20.76% |
| 2021-12-31 | 5.69% |
| 2020-12-31 | -13.81% |
| 2019-12-31 | 4.08% |
| 2018-12-31 | 4.64% |
| 2017-12-31 | 10.25% |
| 2016-12-31 | 4.26% |
| 2015-12-31 | 8.36% |
| 2014-12-31 | 12.34% |
| 2013-12-31 | 12.11% |
| 2012-12-31 | 18.19% |
| 2011-12-31 | 14.88% |
| 2010-12-31 | 4.03% |
| 2009-12-31 | 2.93% |
| 2008-12-31 | 8.91% |
Related Metrics
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.
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- CEO
- Maryann T. Mannen