Marathon Petroleum (MPC) Gross Margin (2010 - 2026)

Marathon Petroleum's (MPC) quarterly Gross Margin came in at 9.57% in Q1 2026, up 272.0% year-on-year from 2.57% in Q1 2025, and down 46.16% quarter-over-quarter from 17.77% in Q4 2025.

Marathon Petroleum (MPC) Gross Margin (2010 - 2026) Analysis & Trends

Marathon Petroleum has disclosed Gross Margin across 17 years of filings, most recently posting 9.57% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 9.57%, up 272.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.08% (up 543.0% YoY), and the FY2025 annual result was 11.67%, up 258.0% from the prior year.
  • Gross Margin came in at 9.57% for Q1 2026 at Marathon Petroleum, down from 17.77% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 20.65% in Q4 2022 to a low of 4.26% in Q4 2024.
  • The 5-year median for Gross Margin is 11.95% (2025), against an average of 12.43%.
  • Across the five-year window, Gross Margin plunged 1052 bps in 2023 and soared 1351 bps in 2025, its largest moves.
  • Marathon Petroleum's Gross Margin stood at 20.65% in 2022, then tumbled by 51 bps to 10.13% in 2023, then slumped by 58 bps to 4.26% in 2024, then surged by 317 bps to 17.77% in 2025, then tumbled by 46 bps to 9.57% in 2026.
  • The last three Gross Margin figures came in at 9.57% (Q1 2026), 17.77% (Q4 2025), and 12.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 9.57%
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 95.07%
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 94.30%
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 16.72%
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 15.80%
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn 31.01%
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn -6.07%
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 3.52%
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn -5.20%
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn -4.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.57%
Dec 31, 2025 17.77%
Sep 30, 2025 12.97%
Jun 30, 2025 11.95%
Mar 31, 2025 6.84%
Dec 31, 2024 4.26%
Sep 30, 2024 8.44%
Jun 30, 2024 10.47%
Mar 31, 2024 10.89%
Dec 31, 2023 10.13%
Sep 30, 2023 14.64%
Jun 30, 2023 12.60%
Mar 31, 2023 15.98%
Dec 31, 2022 20.65%
Sep 30, 2022 17.82%
Jun 30, 2022 18.49%
Mar 31, 2022 7.86%
Dec 31, 2021 7.15%
Sep 30, 2021 8.53%
Jun 30, 2021 8.23%