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
DateValue
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%