Marathon Petroleum (MPC) FCF Margin (2010 - 2026)
Marathon Petroleum (MPC) posted FCF Margin of 0.6% for Q1 2026, down 88.81% sequentially from 5.38% in Q4 2025, and up 291.0% YoY from 0.15% in Q1 2025.
Marathon Petroleum (MPC) FCF Margin (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported FCF Margin for 17 years, with the latest figure at 0.6% in Q1 2026.
- Quarterly FCF Margin rose 291.0% year-over-year to 0.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.12% (up 89.0% YoY) and the FY2025 annual result came in at 3.53%, down 89.0% from the prior year.
- FCF Margin eased to 0.6% in Q1 2026 per MPC's latest filing, from 5.38% in the prior quarter.
- Over five years, FCF Margin peaked at 11.98% in Q2 2022 and troughed at 2.31% in Q1 2025.
- A 5-year average of 5.59% and a median of 5.3% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2024: FCF Margin surged 770 bps in 2022, then slumped 814 bps in 2024.
- Over 5 years, FCF Margin stood at 9.61% in 2022, then tumbled by 83 bps to 1.63% in 2023, then surged by 159 bps to 4.22% in 2024, then climbed by 28 bps to 5.38% in 2025, then plunged by 89 bps to 0.6% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 0.6%, 5.38%, and 4.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 96.50 Bn | 88.73 Bn | 9.27 Bn | 17.47% |
| 2 | Valero Energy | 94.93 Bn | 87.06 Bn | 5.47 Bn | 12.26% |
| 3 | Phillips 66 | 89.73 Bn | 85.63 Bn | 8.38 Bn | 12.55% |
| 4 | HF Sinclair | 15.45 Bn | 13.18 Bn | 1.57 Bn | 13.40% |
| 5 | Sunoco | 10.12 Bn | 9.34 Bn | 1.46 Bn | 6.51% |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 12.52% |
| 7 | Cosan | 6.46 Bn | 1.35 Bn | 552.94 Mn | -148.04% |
| 8 | Ultrapar Holdings | 6.38 Bn | 4.66 Bn | 603.08 Mn | 4.00% |
| 9 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | 1.17% |
| 10 | Delek US Holdings | 3.93 Bn | 3.30 Bn | 365.10 Mn | 2.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.47% |
| Mar 31, 2026 | 0.60% |
| Dec 31, 2025 | 5.38% |
| Sep 30, 2025 | 4.77% |
| Jun 30, 2025 | 5.75% |
| Mar 31, 2025 | -2.31% |
| Dec 31, 2024 | 4.22% |
| Sep 30, 2024 | 2.94% |
| Jun 30, 2024 | 7.27% |
| Mar 31, 2024 | 2.90% |
| Dec 31, 2023 | 1.63% |
| Sep 30, 2023 | 11.08% |
| Jun 30, 2023 | 9.64% |
| Mar 31, 2023 | 10.33% |
| Dec 31, 2022 | 9.61% |
| Sep 30, 2022 | 3.96% |
| Jun 30, 2022 | 11.98% |
| Mar 31, 2022 | 5.30% |
| Dec 31, 2021 | 12.33% |
| Sep 30, 2021 | 4.13% |