Marathon Petroleum (MPC) Gross Margin (2009 - 2025)
Marathon Petroleum (MPC) posted Gross Margin of 11.67% for FY2025, up 28.33% year-over-year from 9.09% in FY2024.
Marathon Petroleum (MPC) Gross Margin (2009 - 2025) Analysis & Trends
Marathon Petroleum has reported Gross Margin for 17 years, with the latest figure at 11.67% in FY2025.
- Quarterly Gross Margin rose 272.0% year-over-year to 9.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.24% (up 377.0% YoY) and the FY2025 annual result came in at 11.67%, up 258.0% from the prior year.
- Gross Margin grew to 11.67% in FY2025 per MPC's latest filing, from 9.09% in the prior year.
- Over five years, Gross Margin peaked at 14.53% in FY2022 and troughed at 8.31% in FY2021.
- A 5-year average of 11.39% and a median of 11.67% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 622 bps in 2022, then sank 426 bps in 2024.
- Over 5 years, Gross Margin stood at 8.31% in 2021, then soared by 75 bps to 14.53% in 2022, then declined by 8 bps to 13.35% in 2023, then sank by 32 bps to 9.09% in 2024, then rose by 28 bps to 11.67% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 11.67%, 9.09%, and 13.35% for FY2025, FY2024, and FY2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 104.11 Bn | 96.34 Bn | 9.27 Bn | - |
| 2 | Valero Energy | 102.17 Bn | 94.30 Bn | 5.47 Bn | - |
| 3 | Phillips 66 | 96.58 Bn | 92.48 Bn | 8.38 Bn | - |
| 4 | HF Sinclair | 17.09 Bn | 14.83 Bn | 1.57 Bn | - |
| 5 | PBF Energy | 8.23 Bn | 7.33 Bn | 1.15 Bn | - |
| 6 | Ultrapar Holdings | 7.18 Bn | 5.07 Bn | 912.61 Mn | - |
| 7 | Delek US Holdings | 4.17 Bn | 3.54 Bn | 365.10 Mn | - |
| 8 | Cvr Energy | 3.84 Bn | 3.10 Bn | 117.00 Mn | - |
| 9 | Par Pacific Holdings | 3.63 Bn | 3.44 Bn | 852.68 Mn | - |
| 10 | World Kinect | 1.82 Bn | 1.60 Bn | 365.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.67% |
| Dec 31, 2024 | 9.09% |
| Dec 31, 2023 | 13.35% |
| Dec 31, 2022 | 14.53% |
| Dec 31, 2021 | 8.31% |
| Dec 31, 2020 | 4.78% |
| Dec 31, 2019 | 10.72% |
| Dec 31, 2018 | 10.50% |
| Dec 31, 2017 | 10.23% |
| Dec 31, 2016 | 10.43% |
| Dec 31, 2015 | 22.85% |
| Dec 31, 2014 | 14.61% |
| Dec 31, 2013 | -1,295.51% |
| Dec 31, 2012 | -1,102.80% |
| Dec 31, 2011 | -1,186.57% |
| Dec 31, 2010 | 17.08% |
| Dec 31, 2009 | 18.60% |