Marathon Petroleum Corporation

MPC Energy Oil & Gas Refining & Marketing

Marathon Petroleum Corporation’s revenue for fiscal 2025 (year ended December 2025) was $132.7 billion, down 4.44% from fiscal 2024. In the quarter to June 2026, revenue grew 53.8%, EPS grew 348.5%, free cash flow grew 366.3% and total debt rose 14.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

478.07 1.15 +0.24%
Market cap
$133.9B
P/E
16.4×
Fwd P/E
7.8×
Dividend yield
0.84%
F-score
7/9
Altman Z
3.14
Beneish M
−2.73
Dividend safety
72/100

Marathon Petroleum Corporation (MPC) Net margin

Alert me on Net margin

Marathon Petroleum Corporation's net margin over the twelve months to 30 June 2026 was 5.57%, up 2.5 percentage points from fiscal 2025 (3.05%). Over the past ten years it has ranged from −14.1% (fiscal 2020) to 8.18% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Oil & Gas Refining & Marketing industry median of 2.08% and below the Energy sector median of 7.30%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 3.05% 0.57
FY2024 2.48% (4.04)
FY2023 6.52% (1.66)
FY2022 8.18% 0.06
FY2021 8.12% 22.20
FY2020 −14.1% (16.45)
FY2019 2.37% (0.86)
FY2018 3.23% (1.36)
FY2017 4.59% 2.74
FY2016 1.85% (2.11)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 9.88% 8.39
Mar 2026 1.49% (3.22)
Dec 2025 4.71% 0.77
Sep 2025 3.94% 0.34
42 more quarters

Against its own ten years

Low −14.1% High 8.18%
Ten-year median 3.23%
Current reading's percentile 76

Net margin against peers

Company Net margin
DINO HF Sinclair Corporation compare 6.08%
MPC Marathon Petroleum Corporation 5.57%
VLO Valero Energy Corporation compare 5.17%
PSX Phillips 66 compare 4.66%
PBF PBF Energy Inc. compare 3.94%
UGP Ultrapar Participacoes S.A. compare 2.29%
SUN Sunoco LP compare 1.57%
CVI CVR Energy Inc. compare 0.81%
IEP Icahn Enterprises L.P. compare −4.86%
Oil & Gas Refining & Marketing industry median 2.08%
Energy sector median 7.30%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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