Marathon Petroleum (MPC) Net Margin (2010 - 2026)
Marathon Petroleum (MPC) posted Net Margin of 2.46% for Q1 2026, down 56.34% sequentially from 5.64% in Q4 2025, and up 136.0% YoY from 1.04% in Q1 2025.
Marathon Petroleum (MPC) Net Margin (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Net Margin for 17 years, with the latest figure at 2.46% in Q1 2026.
- Quarterly Net Margin rose 136.0% year-over-year to 2.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.62% (up 164.0% YoY) and the FY2025 annual result came in at 4.35%, changed N/A from the prior year.
- Net Margin declined to 2.46% in Q1 2026 per MPC's latest filing, from 5.64% in the prior quarter.
- Over five years, Net Margin peaked at 8.88% in Q3 2023 and troughed at 0.19% in Q4 2022.
- A 5-year average of 4.58% and a median of 4.96% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 499 bps in 2023, then tumbled 599 bps in 2024.
- Over 5 years, Net Margin stood at 0.19% in 2022, then surged by 2603 bps to 5.18% in 2023, then slumped by 54 bps to 2.37% in 2024, then surged by 138 bps to 5.64% in 2025, then sank by 56 bps to 2.46% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.46%, 5.64%, and 5.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 96.50 Bn | 88.73 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 94.93 Bn | 87.06 Bn | 5.47 Bn | 9.16% |
| 3 | Phillips 66 | 89.73 Bn | 85.63 Bn | 8.38 Bn | 7.45% |
| 4 | HF Sinclair | 15.45 Bn | 13.18 Bn | 1.57 Bn | 8.59% |
| 5 | Sunoco | 10.12 Bn | 9.34 Bn | 1.46 Bn | 1.98% |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 7.84% |
| 7 | Cosan | 6.46 Bn | 1.35 Bn | 552.94 Mn | -53.87% |
| 8 | Ultrapar Holdings | 6.38 Bn | 4.66 Bn | 603.08 Mn | 1.09% |
| 9 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -12.59% |
| 10 | Delek US Holdings | 3.93 Bn | 3.30 Bn | 365.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.58% |
| Mar 31, 2026 | 2.46% |
| Dec 31, 2025 | 5.64% |
| Sep 30, 2025 | 5.58% |
| Jun 30, 2025 | 4.76% |
| Mar 31, 2025 | 1.10% |
| Dec 31, 2024 | 2.37% |
| Sep 30, 2024 | 2.89% |
| Jun 30, 2024 | 5.16% |
| Mar 31, 2024 | 4.01% |
| Dec 31, 2023 | 5.18% |
| Sep 30, 2023 | 8.88% |
| Jun 30, 2023 | 7.10% |
| Mar 31, 2023 | 8.85% |
| Dec 31, 2022 | 0.19% |
| Jun 30, 2021 | 27.74% |
| Mar 31, 2021 | 1.02% |
| Dec 31, 2020 | 1.80% |
| Sep 30, 2020 | 2.11% |
| Jun 30, 2020 | 1.56% |