Marathon Petroleum (MPC) Net Margin (2010 - 2026)
Marathon Petroleum (MPC) posted Net Margin of 9.82% for Q2 2026, up 6.25 percentage points from 3.57% a year earlier and up 8.34 percentage points from the prior quarter.
Marathon Petroleum (MPC) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Marathon Petroleum was 5.48%, up 3.89 percentage points year-over-year; for FY2025, it was 2.99%, up 0.54 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +17.07 percentage points (FY2020 to FY2025).
- In prior years, Marathon Petroleum's Net Margin was 2.45% in FY2024 (-3.99 pp), 6.44% in FY2023 (-1.63 pp), 8.07% in FY2022 (+0.01 pp) and 8.05% in FY2021 (+22.13 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q2 2022.
- On a year-over-year basis, Net Margin has increased in each of the last four quarters, with an average year-over-year change of +0.14 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2022, with a gain of 7.35 percentage points; the weakest was Q2 2022, with a drop of 17.71 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 1.48% (Q1 2026), 4.59% (Q4 2025) and 3.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 9.82% |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 8.36% |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 8.59% |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 7.76% |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 1.98% |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 4.04% |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | -0.11% |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 4.15% |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | -12.59% |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 15.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.82% |
| Mar 31, 2026 | 1.48% |
| Dec 31, 2025 | 4.59% |
| Sep 30, 2025 | 3.82% |
| Jun 30, 2025 | 3.57% |
| Mar 31, 2025 | -0.23% |
| Dec 31, 2024 | 1.11% |
| Sep 30, 2024 | 1.76% |
| Jun 30, 2024 | 3.95% |
| Mar 31, 2024 | 2.82% |
| Dec 31, 2023 | 3.94% |
| Sep 30, 2023 | 7.89% |
| Jun 30, 2023 | 6.04% |
| Mar 31, 2023 | 7.77% |
| Dec 31, 2022 | 8.28% |
| Sep 30, 2022 | 9.48% |
| Jun 30, 2022 | 10.83% |
| Mar 31, 2022 | 2.20% |
| Dec 31, 2021 | 2.17% |
| Sep 30, 2021 | 2.13% |
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();