Marathon Petroleum (MPC) Net Margin (2010 - 2026)
Marathon Petroleum's (MPC) quarterly Net Margin came in at 16.85% in Q1 2026, up 322.0% year-on-year from 3.99% in Q1 2025, and down 23.35% quarter-over-quarter from 13.66% in Q4 2025.
Marathon Petroleum (MPC) Net Margin (2010 - 2026) Analysis & Trends
Marathon Petroleum has disclosed Net Margin across 17 years of filings, most recently posting 16.85% for Q1 2026.
- Net Margin for Q1 2026 came in at 16.85%, up 322.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.68% (up 164.0% YoY), and the FY2025 annual result was 0.66%, up 406.0% from the prior year.
- Net Margin came in at 16.85% for Q1 2026 at Marathon Petroleum, down from 13.66% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.71% in Q3 2023 to a low of 20.06% in Q1 2025.
- The 5-year median for Net Margin is 13.77% (2022), against an average of 13.62%.
- Peak annual rise in Net Margin reached 1272 bps in 2022, while the deepest fall reached 1656 bps in 2022.
- Marathon Petroleum's Net Margin stood at 14.97% in 2022, then rose by 22 bps to 11.65% in 2023, then plunged by 55 bps to 18.09% in 2024, then gained by 24 bps to 13.66% in 2025, then declined by 23 bps to 16.85% in 2026.
- The last three Net Margin figures came in at 16.85% (Q1 2026), 13.66% (Q4 2025), and 13.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | -16.85% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 4.08% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 0.66% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 9.13% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 6.02% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | -60.36% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | -25.52% |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 2.53% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | -8.08% |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | -0.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.85% |
| Dec 31, 2025 | -13.66% |
| Sep 30, 2025 | -13.53% |
| Jun 30, 2025 | -14.75% |
| Mar 31, 2025 | -20.06% |
| Dec 31, 2024 | -18.09% |
| Sep 30, 2024 | -15.84% |
| Jun 30, 2024 | -12.15% |
| Mar 31, 2024 | -14.98% |
| Dec 31, 2023 | -11.65% |
| Sep 30, 2023 | -5.71% |
| Jun 30, 2023 | -9.10% |
| Mar 31, 2023 | -7.90% |
| Dec 31, 2022 | -14.97% |
| Sep 30, 2022 | -13.77% |
| Jun 30, 2022 | -11.80% |
| Mar 31, 2022 | -16.72% |
| Dec 31, 2021 | -18.49% |
| Sep 30, 2021 | -20.72% |
| Jun 30, 2021 | 4.76% |