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
DateValue
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%