What are Marathon Petroleum's profit margins?

Marathon Petroleum (MPC) runs a 10.4% gross margin and a 6.7% operating margin, with a 3.4% net margin.

Where do Marathon Petroleum's ratios come from?

Every ratio is computed from Marathon Petroleum's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Marathon Petroleum MPC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	10.4%+0.4pp	10%+0.9pp	9.1%+0.5pp	8.6%+0.1pp	8.5%-0.6pp
Operating margin	6.7%+0.4pp	6.2%+1.2pp	5.1%+1.0pp	4%-0.1pp	4.1%-0.8pp
Net margin	3.4%+0.4pp	3%+0.9pp	2.2%+0.6pp	1.6%-0.2pp	1.8%-0.7pp
EBITDA margin	9.1%+0.4pp	8.7%+1.2pp	7.5%+1.0pp	6.5%-0.1pp	6.5%-0.8pp
Free cash flow margin	4.2%+0.6pp	3.6%+0.4pp	3.2%+0.5pp	2.7%-0.5pp	3.2%-1.2pp
Returns
Return on equity	27.9%+4.9pp	23.1%+7.1pp	16%+4.8pp	11.3%-1.1pp	12.4%-4.0pp
Return on assets	5.5%+0.5pp	5%+1.4pp	3.5%+0.9pp	2.6%-0.3pp	2.9%-1.3pp
Return on invested capital	50.1%+7.2pp	42.9%+7.4pp	35.6%+8.2pp	27.4%-1.0pp	28.4%-2.7pp
Efficiency
Asset turnover	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×
Inventory turnover	11.4×-0.7×	12.1×-0.2×	12.3×0.0×	12.3×-0.2×	12.4×-0.9×
Liquidity
Current ratio	1.2×-0.1×	1.3×-0.1×	1.3×+0.1×	1.2×0.0×	1.2×0.0×
Quick ratio	0.7×0.0×	0.7×0.0×	0.8×+0.1×	0.7×0.0×	0.7×0.0×
Cash ratio	0.1×-0.1×	0.2×0.0×	0.1×+0.1×	0.1×-0.1×	0.2×0.0×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-0.1×+0.1×	-0.1×0.0×	-0.1×-0.1×	-0×+0.3×	-0.3×-0.2×
Per Share
Book value per share	$56.79+0.4%	$56.58+0.6%	$56.24+3.9%	$54.15+3.4%	$52.38+0.7%
Valuation
Market capitalization	$71.91B+47.1%	$48.89B-16.6%	$58.6B+15.4%	$50.78B+11.9%	$45.39B+1.2%
Enterprise value	$71.26B+50.4%	$47.39B-17.3%	$57.3B+13.5%	$50.49B+18.0%	$42.8B-1.9%
Price / earnings	15.5×+3.4×	12.1×-8.2×	20.3×-3.5×	23.8×+5.1×	18.6×+5.6×
Price / sales	0.5×+0.2×	0.4×-0.1×	0.4×+0.1×	0.4×+0.1×	0.3×0.0×
Price / book	4.3×+1.5×	2.8×-0.6×	3.4×+0.4×	3.1×+0.3×	2.8×+0.2×
EV / EBITDA	5.8×+1.7×	4.1×-1.6×	5.7×-0.1×	5.9×+1.1×	4.8×+0.4×
EV / sales	0.5×+0.2×	0.4×-0.1×	0.4×+0.1×	0.4×+0.1×	0.3×0.0×
Free cash flow yield	7.9%-1.8pp	9.8%+2.5pp	7.3%+0.1pp	7.2%-2.6pp	9.8%-3.9pp
Earnings yield	6.4%-1.8pp	8.3%+3.4pp	4.9%+0.7pp	4.2%-1.2pp	5.4%-2.3pp
Dividend yield	1.6%-0.7pp	2.3%+0.4pp	1.9%-0.3pp	2.2%-0.3pp	2.5%-0.1pp
PEG ratio	0.2×-0.5×	0.7×—	——	——	——

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Questions, answered.

What are Marathon Petroleum's profit margins?: Marathon Petroleum (MPC) runs a 10.4% gross margin and a 6.7% operating margin, with a 3.4% net margin.
Where do Marathon Petroleum's ratios come from?: Every ratio is computed from Marathon Petroleum's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.