Marathon Petroleum (MPC) Operating Margin (2010 - 2026)
Marathon Petroleum's (MPC) quarterly Operating Margin came in at 13.99% in Q2 2026, up 755.0% year-over-year from 1.64% in Q2 2025, and up 244.45% quarter-over-quarter from 4.06% in Q1 2026.
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Marathon Petroleum (MPC) Operating Margin (2010 - 2026) Analysis & Trends
Marathon Petroleum has disclosed Operating Margin across 17 years of filings, most recently posting 13.99% for Q2 2026.
- In Q2 2026, Operating Margin rose 755.0% year-over-year to 13.99%; the TTM figure through Jun 2026 stood at 9.05% (up 506.0% YoY), while the FY2025 annual figure was 6.13%, up 129.0% from the prior year.
- Operating Margin came in at 13.99% for Q2 2026 at Marathon Petroleum, up from 4.06% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.35% in Q2 2022 to a low of 2.16% in Q1 2025.
- Average Operating Margin over 5 years is 8.1%, with a median of 7.07% recorded in 2024.
- Year-over-year, Operating Margin soared 1212 bps in 2022 and sank 762 bps in 2024.
- Over 5 years, Operating Margin stood at 11.82% in 2022, then tumbled by 45 bps to 6.5% in 2023, then sank by 48 bps to 3.41% in 2024, then jumped by 136 bps to 8.06% in 2025, then jumped by 74 bps to 13.99% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 13.99% in Q2 2026, 4.06% in Q1 2026, and 8.06% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 109.49 Bn | 108.36 Bn | 9.27 Bn | 13.99% |
| 2 | Valero Energy | 108.59 Bn | 103.98 Bn | 5.47 Bn | 11.68% |
| 3 | HF Sinclair | 18.97 Bn | 16.77 Bn | 1.57 Bn | 11.24% |
| 4 | Sunoco | 10.01 Bn | 9.24 Bn | 1.46 Bn | 4.09% |
| 5 | PBF Energy | 8.52 Bn | 7.77 Bn | 1.15 Bn | 10.89% |
| 6 | Ultrapar Holdings | 8.23 Bn | 6.52 Bn | 912.61 Mn | 7.25% |
| 7 | Cvr Energy | 5.25 Bn | 4.73 Bn | 117.00 Mn | 2.85% |
| 8 | Icahn Enterprises | 5.06 Bn | 3.09 Bn | 198.00 Mn | -102.66% |
| 9 | Delek US Holdings | 4.49 Bn | 4.10 Bn | 365.10 Mn | 7.40% |
| 10 | Par Pacific Holdings | 3.96 Bn | 3.81 Bn | 852.68 Mn | 21.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.99% |
| Mar 31, 2026 | 4.06% |
| Dec 31, 2025 | 8.06% |
| Sep 30, 2025 | 7.57% |
| Jun 30, 2025 | 6.44% |
| Mar 31, 2025 | 2.16% |
| Dec 31, 2024 | 3.41% |
| Sep 30, 2024 | 3.81% |
| Jun 30, 2024 | 6.57% |
| Mar 31, 2024 | 5.37% |
| Dec 31, 2023 | 6.50% |
| Sep 30, 2023 | 11.43% |
| Jun 30, 2023 | 8.98% |
| Mar 31, 2023 | 11.58% |
| Dec 31, 2022 | 11.82% |
| Sep 30, 2022 | 14.15% |
| Jun 30, 2022 | 15.35% |
| Mar 31, 2022 | 4.47% |
| Dec 31, 2021 | 4.99% |
| Sep 30, 2021 | 4.11% |
API Access
Marathon Petroleum Operating 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=operating-margin&ticker=MPC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();