Marathon Petroleum (MPC) Operating Margin (2010 - 2026)

Marathon Petroleum has disclosed Operating Margin across 17 years of filings, most recently posting 4.06% for Q1 2026.

• Operating Margin for Q1 2026 came in at 4.06%, up 188.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.45% (up 228.0% YoY), and the FY2025 annual result was 6.13%, up 124.0% from the prior year.
• Operating Margin came in at 4.06% for Q1 2026 at Marathon Petroleum, down from 7.68% 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 2.18% in Q1 2025.
• The 5-year median for Operating Margin is 6.65% (2024), against an average of 7.74%.
• Across the five-year window, Operating Margin jumped 1210 bps in 2022 and tumbled 777 bps in 2024, its largest moves.
• Marathon Petroleum's Operating Margin stood at 11.2% in 2022, then slumped by 41 bps to 6.61% in 2023, then tumbled by 46 bps to 3.57% in 2024, then surged by 115 bps to 7.68% in 2025, then sank by 47 bps to 4.06% in 2026.
• The last three Operating Margin figures came in at 4.06% (Q1 2026), 7.68% (Q4 2025), and 7.57% (Q3 2025), per Business Quant data.