Marathon Petroleum (MPC) Net Margin (2010 - 2026)
Marathon Petroleum's (MPC) quarterly Net Margin came in at 10.58% in Q2 2026, up 586.0% year-over-year from 1.54% in Q2 2025, and up 329.82% quarter-over-quarter from 2.46% in Q1 2026.
Marathon Petroleum (MPC) Net Margin (2010 - 2026) Analysis & Trends
Marathon Petroleum has disclosed Net Margin across 17 years of filings, most recently posting 10.58% for Q2 2026.
- In Q2 2026, Net Margin rose 586.0% year-over-year to 10.58%; the TTM figure through Jun 2026 stood at 6.6% (up 382.0% YoY), while the FY2025 annual figure was 4.35%, up 74.0% from the prior year.
- Net Margin came in at 10.58% for Q2 2026 at Marathon Petroleum, up from 2.46% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 11.46% in Q2 2022 to a low of 1.09% in Q1 2025.
- Average Net Margin over 5 years is 6.02%, with a median of 5.26% recorded in 2023.
- The largest YoY upside for Net Margin was 747 bps in 2022 against a maximum downside of 1805 bps in 2022.
- Over 5 years, Net Margin stood at 9.08% in 2022, then tumbled by 44 bps to 5.1% in 2023, then slumped by 54 bps to 2.35% in 2024, then surged by 152 bps to 5.92% in 2025, then surged by 79 bps to 10.58% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 10.58% in Q2 2026, 2.46% in Q1 2026, and 5.92% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 9.16% |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 8.59% |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 1.98% |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 7.84% |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 8.45% |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 1.68% |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -12.59% |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 4.41% |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 15.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.58% |
| Mar 31, 2026 | 2.46% |
| Dec 31, 2025 | 5.92% |
| Sep 30, 2025 | 5.42% |
| Jun 30, 2025 | 4.72% |
| Mar 31, 2025 | 1.09% |
| Dec 31, 2024 | 2.35% |
| Sep 30, 2024 | 2.87% |
| Jun 30, 2024 | 5.10% |
| Mar 31, 2024 | 3.95% |
| Dec 31, 2023 | 5.10% |
| Sep 30, 2023 | 8.73% |
| Jun 30, 2023 | 7.01% |
| Mar 31, 2023 | 8.79% |
| Dec 31, 2022 | 9.08% |
| Sep 30, 2022 | 10.63% |
| Jun 30, 2022 | 11.46% |
| Mar 31, 2022 | 3.05% |
| Dec 31, 2021 | 3.10% |
| Sep 30, 2021 | 3.16% |
Marathon Petroleum Net 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=net-margin&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();