What is Marathon Petroleum Capex-to-Operating-Income?
Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Hence, Marathon Petroleum's Capex-to-Operating-Income for the
three
months ended in Dec. 2023 was 0.29.
Marathon Petroleum Capex-to-Operating-Income Historical Data
The historical data trend for Marathon Petroleum's Capex-to-Operating-Income 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.
Competitive Comparison of Marathon Petroleum's Capex-to-Operating-Income
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.
Marathon Petroleum's Capex-to-Operating-Income Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Petroleum's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum's Capex-to-Operating-Income falls into.
* 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.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Marathon Petroleum Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of Marathon Petroleum's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Marathon Petroleum (Marathon Petroleum) Business Description
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MPC has been successfully added to your 