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%+1.9pp	10%+0.9pp	9.1%-0.6pp	8.6%-2.7pp	8.5%-3.4pp
Operating margin	6.7%+2.5pp	6.2%+1.4pp	5.1%-0.6pp	4%-3.7pp	4.1%-4.2pp
Net margin	3.4%+1.7pp	3%+0.6pp	2.2%-1.0pp	1.6%-3.3pp	1.8%-3.6pp
EBITDA margin	9.1%+2.5pp	8.7%+1.4pp	7.5%-0.5pp	6.5%-3.5pp	6.5%-4.1pp
Free cash flow margin	4.2%+1.0pp	3.6%-0.8pp	3.2%-0.5pp	2.7%-3.2pp	3.2%-3.3pp
Returns
Return on equity	27.9%+15.6pp	23.1%+6.7pp	16%-4.2pp	11.3%-19.3pp	12.4%-19.3pp
Return on assets	5.5%+2.5pp	5%+0.8pp	3.5%-1.8pp	2.6%-5.8pp	2.9%-6.2pp
Return on invested capital	50.1%+21.8pp	42.9%+11.9pp	35.6%-3.2pp	27.4%-21.7pp	28.4%-19.5pp
Efficiency
Asset turnover	1.6×-0.1×	1.6×-0.1×	1.6×0.0×	1.6×-0.1×	1.6×0.0×
Inventory turnover	11.4×-1.0×	12.1×-1.2×	12.3×-0.5×	12.3×-1.3×	12.4×-0.4×
Liquidity
Current ratio	1.2×0.0×	1.3×+0.1×	1.3×+0.1×	1.2×-0.1×	1.2×-0.2×
Quick ratio	0.7×0.0×	0.7×0.0×	0.8×0.0×	0.7×-0.2×	0.7×-0.3×
Cash ratio	0.1×-0.1×	0.2×0.0×	0.1×0.0×	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×+0.2×	-0.1×0.0×	-0.1×+0.1×	-0×+0.2×	-0.3×-0.2×
Per Share
Book value per share	$56.79+8.4%	$56.58+8.7%	$56.24-1.4%	$54.15-11.1%	$52.38-17.3%
Valuation
Market capitalization	$71.91B+58.4%	$48.89B+9.0%	$58.6B+3.1%	$50.78B-19.3%	$45.39B-37.9%
Enterprise value	$71.26B+66.5%	$47.39B+8.6%	$57.3B+6.1%	$50.49B-15.4%	$42.8B-39.9%
Price / earnings	15.5×-3.1×	12.1×-0.9×	20.3×+7.8×	23.8×+15.0×	18.6×+9.4×
Price / sales	0.5×+0.2×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.3×-0.2×
Price / book	4.3×+1.5×	2.8×+0.3×	3.4×+0.4×	3.1×+0.1×	2.8×-0.4×
EV / EBITDA	5.8×+1.1×	4.1×-0.2×	5.7×+1.0×	5.9×+1.8×	4.8×+0.2×
EV / sales	0.5×+0.2×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.3×-0.2×
Free cash flow yield	7.9%-1.9pp	9.8%-3.9pp	7.3%-2.1pp	7.2%-6.8pp	9.8%-3.3pp
Earnings yield	6.4%+1.1pp	8.3%+0.6pp	4.9%-3.0pp	4.2%-7.2pp	5.4%-5.4pp
Dividend yield	1.6%-0.9pp	2.3%-0.2pp	1.9%-0.1pp	2.2%+0.3pp	2.5%+0.8pp
PEG ratio	0.2×—	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.