MPC Marathon Petroleum margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 83
Gross margin
16.9%
Operating margin
12.4%
EBITDA margin
13.3%
Net margin
8.3%

For the latest period, Marathon Petroleum has a gross margin of 16.9%, an operating margin of 12.4%, an EBITDA margin of 13.3%, and a net margin of 8.3%. Each available margin advanced from the same period last year. Operating margin recorded the strongest gain, gaining by 7.4 percentage points.

MPC margin history

Gross, operating, EBITDA and net margin trends

Marathon Petroleum's margins averaged 12.08% gross, 6.92% operating, 8.07% EBITDA, and 3.98% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.

MPC margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 7.4 percentage points.

Gross margin expansion
6.5pp
Operating margin expansion
7.4pp
EBITDA margin expansion
7.2pp
Net margin expansion
6.2pp

MPC Gross margin

The average gross margin for Marathon Petroleum was 12.08% in the last 3 years. Currently, the current gross margin for Marathon Petroleum is 16.9%, 4.8 percentage points above its three-year average. The gross margin for Marathon Petroleum moved between 9.4% in Mar 2025 and 16.9% in Sep 2026.

MPC Operating margin

Reviewing the last 3 years, Marathon Petroleum recorded an average operating margin of 6.92%. Marathon Petroleum's current operating margin is 12.4% and is 5.5 percentage points above its three-year average. The highest operating margin for Marathon Petroleum was 12.4% in Sep 2026, while the lowest was 4% in Jun 2025.

MPC EBITDA margin

The average EBITDA margin for Marathon Petroleum was 8.07% over the last 3 years. As of the latest period, the current EBITDA margin for Marathon Petroleum is 13.3%, 5.2 percentage points above its three-year average. The EBITDA margin for Marathon Petroleum moved between 5.2% in Jun 2025 and 13.3% in Sep 2026.

MPC Net margin

Over the last 3 years, Marathon Petroleum's net margin averaged 3.98%. The current net margin of 8.3% is 4.3 percentage points above its three-year average. During this period, net margin reached a high of 8.3% in Sep 2026 and a low of 1.6% in Jun 2025.

MPC margin group comparison

Margins compared with peer-group, industry and sector averages

Marathon Petroleum's gross margin of 16.9% is higher than the industry average but lower than the Energy sector and its peers average. In comparison with the Energy sector average of 42.7%, Marathon Petroleum's gross margin is 60% lower.

MPC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Marathon Petroleum's gross margin?

For the period ending Sep 30, 2026, MPC recorded a gross margin of 16.9%.

What is Marathon Petroleum's operating margin?

The current operating margin for MPC is 12.4% as of Sep 30, 2026.

What is Marathon Petroleum's EBITDA margin?

The current EBITDA margin for MPC is 13.3% as of Sep 30, 2026.

What is Marathon Petroleum's net margin?

For the period ending Sep 30, 2026, MPC recorded a net margin of 8.3%.

What are the average margins of MPC?

Marathon Petroleum's gross, operating, EBITDA, and net margins averaged 12.1% gross, 6.9% operating, 8.1% EBITDA, and 4.0% net over the last 3 years.

What are the highest historical margins of MPC?

Over this 5-year history, MPC peaked at 17.4% gross in Mar 2023, 13.5% operating in Mar 2023, 14.5% EBITDA in Mar 2023, and 9.3% net in Mar 2023.

What are the lowest historical margins of MPC?

Looking back across 5 years, MPC reached its lowest margins at 9% gross in Dec 2021, 3.6% operating in Dec 2021, 5.2% EBITDA in Jun 2025, and 1.6% net in Jun 2025.