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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	36.1%-5.8pp	42%-17.3pp	59.3%+11.6pp	47.6%+20.2pp
Operating margin	19.5%-7.2pp	26.7%-19.8pp	46.5%+11.2pp	35.3%+28.1pp
Net margin	8.6%-7.3pp	15.9%-15.7pp	31.7%+3.4pp	28.2%+3.5pp
EBITDA margin	29.2%-6.8pp	36%-18.8pp	54.8%+11.3pp	43.5%+21.6pp
Free cash flow margin	12.8%-7.9pp	20.7%-14.5pp	35.2%+9.7pp	25.5%—
Returns
Return on equity	62.7%-36.1pp	98.8%-96.1pp	195%+20.1pp	174.9%+72.7pp
Return on assets	14%-13.0pp	27%-29.2pp	56.2%+5.5pp	50.7%+21.0pp
Return on invested capital	134.3%-32.5pp	166.8%-133pp	299.3%+74.3pp	225%+193pp
Efficiency
Asset turnover	6.5×-0.2×	6.8×-0.3×	7×-0.1×	7.2×+2.8×
Inventory turnover	49.1×-3.5×	52.6×-2.3×	54.9×-6.9×	61.8×+18.5×
Liquidity
Current ratio	5×-0.1×	5.1×-1.9×	7×+0.7×	6.4×-1.2×
Quick ratio	3×-0.4×	3.4×-1.6×	4.9×+0.2×	4.7×-0.9×
Cash ratio	0.6×-0.1×	0.7×-0.9×	1.5×+0.2×	1.4×+0.1×
Leverage
Debt-to-equity	0.4×+0.1×	0.3×+0.1×	0.2×0.0×	0.2×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-0.6×+0.1×	-0.7×+0.4×	-1.1×+0.6×	-1.7×+1.9×
Per Share
Book value per share	$219.36-6.0%	$233.31-5.3%	$246.43+24.3%	$198.24+21.7%
Valuation
Market capitalization	$203.65B-14.3%	$237.73B+9.3%	$217.58B+16.9%	$186.16B+26.6%
Enterprise value	$197.98B-13.4%	$228.49B+17.8%	$193.91B+21.6%	$159.46B+22.9%
Price / earnings	74.8×+31.2×	43.6×+25.6×	18×+1.2×	16.7×—
Price / sales	1.5×-0.1×	1.6×+0.3×	1.4×+0.2×	1.2×-0.4×
Price / book	12.1×+0.4×	11.7×+3.2×	8.5×+1.3×	7.1×+1.5×
EV / EBITDA	20.4×+2.8×	17.7×+8.5×	9.2×-0.9×	10.1×-16.9×
EV / sales	1.5×-0.1×	1.6×+0.4×	1.2×+0.2×	1×-0.4×
Free cash flow yield	34.1%-16.1pp	50.2%-52.4pp	102.5%+12.0pp	90.5%—
Earnings yield	22.8%-15.1pp	37.9%-55.8pp	93.6%-3.2pp	96.8%+27.6pp
Dividend yield	9%+0.8pp	8.2%-1.3pp	9.5%-2.1pp	11.7%-4.7pp

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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.