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| Date | Value |
|---|---|
| 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% |