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Marathon Petroleum MPC Free cash flow margin

Free cash flow margin at other companies

Exxon Mobil logo
Exxon MobilXOM
5.6%-2.4pp
Imperial Oil logo
Imperial OilIMO
8.2%-0.8pp
Permian Resources logo
Permian ResourcesPR
69.1%-2.0pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
4.7%-1.9pp
Chevron logo
ChevronCVX
7.3%+0.5pp
Devon Energy logo
Devon EnergyDVN
17.7%-0.9pp

Other financials

Income statement

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Revenue$34.2B+8.5%
Gross profit$2.9B+36.3%
Operating income$1.4B+104%
Net income$511.0M+791%
EPS (diluted)$1.73+821%

Balance sheet

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Cash & equivalents$2.2B-43.6%
Total debt$1.5B+22.3%
Total equity$16.8B+2.2%
Total assets$88.2B+8.0%

Cash flow

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Operating cash flow$1.1B+1,852%
CapEx$913.0M+37.7%
Free cash flow$208.0M+129%

Valuation

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Market cap$0+58.4%

Profitability

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Gross margin10.4%+1.9pp
Operating margin6.7%+2.5pp
Net margin3.4%+1.7pp

Returns & leverage

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Return on equity27.9%+15.6pp
Debt / equity0.1×0.0×
Current ratio1.2×0.0×

Where this comes from

Calculated from Marathon Petroleum’s reported figures.

Based on trailing twelve months.

The official record: Marathon Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marathon Petroleum's free cash flow margin?
Marathon Petroleum (MPC) reported free cash flow margin of 4.2% in Q1 2026.
How has Marathon Petroleum's free cash flow margin changed year-over-year?
Marathon Petroleum's free cash flow margin increased by 30.1% year-over-year, from 3.2% to 4.2%.
What is the long-term trend for Marathon Petroleum's free cash flow margin?
Over 3 years (2022 to 2025), Marathon Petroleum's free cash flow margin has grown at a -20.6% compound annual growth rate (CAGR), from 25.5% to 12.8%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.