Marathon Petroleum MPC Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 38%-0.5pp | 36.1%-5.8pp | 35.3%-11.0pp | 35.8%-15.5pp | 38.6%-16.3pp | |
| Operating margin | 22%-0.5pp | 19.5%-7.2pp | 18.1%-13.5pp | 18.7%-18.3pp | 22.5%-18.8pp | |
| Net margin | 10.2%-2.1pp | 8.6%-7.3pp | 8%-12.0pp | 9%-15.4pp | 12.3%-15.4pp | |
| Returns | ||||||
| Return on equity | 78.3%-1.2pp | 62.7%-36.1pp | 56%-63.6pp | 60.2%-83.5pp | 79.5%-82.7pp | |
| Return on invested capital | 156.1%+8.7pp | 134.3%-32.5pp | 122.4%-69.2pp | 125.6%-95.9pp | 147.4%-103pp | |
| Efficiency | ||||||
| Asset turnover | 6.5×-0.2× | 6.5×-0.2× | 6.6×-0.2× | 6.6×-0.2× | 6.7×-0.1× | |
| Liquidity | ||||||
| Current ratio | 5×+0.1× | 5×-0.1× | 4.9×-0.7× | 4.8×-1.2× | 4.9×-1.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×+0.1× | 0.4×+0.1× | 0.4×+0.1× | 0.3×+0.1× | 0.3×+0.1× | |
| Net debt / EBITDA | -0.3×+0.5× | -0.6×+0.1× | -0.6×+0.2× | -0.7×+0.2× | -0.9×+0.1× | |
| Per Share | ||||||
| Book value per share | $223.76+0.6% | $219.36-6.0% | $214.81-10.8% | $215.60-13.5% | $222.37-10.9% | |
| Valuation | ||||||
| Market capitalization | $230.17B+9.6% | $203.65B-14.3% | $199.6B-19.7% | $197.86B-21.3% | $210.01B-10.4% | |
| Price / earnings | 71.7×+18.7× | 74.8×+31.2× | 75.8×+39.4× | 68×+39.1× | 53×+29.2× | |
| Price / sales | 1.7×+0.2× | 1.5×-0.1× | 1.5×-0.2× | 1.4×-0.3× | 1.5×-0.1× | |
| Price / book | 13.6×+2.3× | 12.1×+0.4× | 11.8×+0.3× | 11.4×+0.6× | 11.2×+1.7× | |
| EV / EBITDA | 21.5×+3.7× | 20.4×+2.8× | 20.6×+4.4× | 19.7×+5.5× | 17.8×+5.9× | |
| Dividend yield | 8.1%-1.0pp | 9%+0.8pp | 9.2%+1.3pp | 9.4%+1.4pp | 9.1%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
