Marathon Petroleum (MPC) FCF Margin (2010 - 2026)
Marathon Petroleum (MPC) reported FCF Margin of 17.47% for Q2 2026, up 11.76 percentage points from 5.70% a year earlier and up 16.86 percentage points from the prior quarter.
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Analysis
Marathon Petroleum (MPC) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marathon Petroleum's FCF Margin came in at 8.26%, up 5.55 percentage points year-over-year; for FY2025, it was 3.53%, down 0.84 percentage points from FY2024.
- FCF Margin has a five-year change of +4.05 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 4.37% in FY2024 (-3.77 pp), 8.13% in FY2023 (+0.39 pp), 7.75% in FY2022 (+2.02 pp) and 5.72% in FY2021 (+6.25 pp).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin in data going back to Q3 2010.
- Year over year, FCF Margin has now increased in each of the last four quarters, with an average year-over-year change of +0.73 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q2 2026 (a gain of 11.76 percentage points); the low point was Q3 2024 (a drop of 7.98 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.60% (Q1 2026), 5.65% (Q4 2025) and 4.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 125.20 Bn | 108.95 Bn | 9.27 Bn | 17.47% |
| 2 | Valero Energy | 109.03 Bn | 80.89 Bn | 9.41 Bn | 14.49% |
| 3 | HF Sinclair | 19.74 Bn | 12.02 Bn | 3.15 Bn | 15.17% |
| 4 | Sunoco | 9.45 Bn | 3.83 Bn | 1.46 Bn | 6.51% |
| 5 | PBF Energy | 8.92 Bn | 8.92 Bn | - | - |
| 6 | Ultrapar Holdings | 6.08 Bn | -1.15 Bn | 912.61 Mn | 11.52% |
| 7 | Cvr Energy | 5.64 Bn | 3.21 Bn | 117.00 Mn | 9.64% |
| 8 | Delek US Holdings | 4.32 Bn | 1.81 Bn | 365.10 Mn | 2.18% |
| 9 | Bw Lpg | 3.57 Bn | 2.55 Bn | - | - |
| 10 | Par Pacific Holdings | 3.49 Bn | 2.81 Bn | 852.68 Mn | 8.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.47% |
| Mar 31, 2026 | 0.60% |
| Dec 31, 2025 | 5.65% |
| Sep 30, 2025 | 4.64% |
| Jun 30, 2025 | 5.70% |
| Mar 31, 2025 | -2.28% |
| Dec 31, 2024 | 4.17% |
| Sep 30, 2024 | 2.92% |
| Jun 30, 2024 | 7.18% |
| Mar 31, 2024 | 2.85% |
| Dec 31, 2023 | 1.60% |
| Sep 30, 2023 | 10.90% |
| Jun 30, 2023 | 9.51% |
| Mar 31, 2023 | 10.26% |
| Dec 31, 2022 | 9.01% |
| Sep 30, 2022 | 3.84% |
| Jun 30, 2022 | 11.98% |
| Mar 31, 2022 | 5.26% |
| Dec 31, 2021 | 12.24% |
| Sep 30, 2021 | 4.09% |
API Access
Marathon Petroleum FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MPC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();