Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 9.57% is 11% above its 5-year average of 8.62%, around the middle of its 5-year range (3.45%–16.30%).
As of the fiscal period ended Tuesday, March 31, 2026. 20.99% above its 12-month average of 7.91%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
9.57%
GROSS MARGIN AVG TTM
7.91%
GROSS MARGIN AVG 3Y
8.07%
GROSS MARGIN AVG 5Y
8.62%
GROSS MARGIN AVG 10Y
8.87%
GROSS MARGIN AVG 15Y
10.64%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+20.99%
CURRENT VS 3Y AVG
+18.56%
CURRENT VS 5Y AVG
+10.99%
CURRENT VS 10Y AVG
+7.84%
CURRENT VS 15Y AVG
-10.11%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
29.48%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-67.55%
vs the sector median at left
Marathon Petroleum Corporation
Market Cap
$92.39B
Gross Margin
9.57%
TTM Avg
7.91%
3Y Avg
8.07%
5Y Avg
8.62%
Market Cap
$92.91B
Gross Margin
3.58%
TTM Avg
4.02%
3Y Avg
6.61%
5Y Avg
4.66%
Market Cap
$87.49B
Gross Margin
42.86%
TTM Avg
50.78%
3Y Avg
53.52%
5Y Avg
52.60%
Market Cap
$99.45B
Gross Margin
21.29%
TTM Avg
35.30%
3Y Avg
33.06%
5Y Avg
27.47%
Market Cap
$82.32B
Gross Margin
14.18%
TTM Avg
13.23%
3Y Avg
12.88%
5Y Avg
14.52%
Market Cap
$79.20B
Gross Margin
71.29%
TTM Avg
71.91%
3Y Avg
76.49%
5Y Avg
71.49%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Marathon Petroleum Corporation (MPC) | $92.39B | 9.57% | 7.91% | 8.07% | 8.62% |
| Valero Energy Corporation (VLO)vs › | $92.91B | 3.58% | 4.02% | 6.61% | 4.66% |
| The Williams Companies, Inc. (WMB)vs › | $87.49B | 42.86% | 50.78% | 53.52% | 52.60% |
| Canadian Natural Resources Limited (CNQ)vs › | $99.45B | 21.29% | 35.30% | 33.06% | 27.47% |
| Phillips 66 (PSX)vs › | $84.87B | 7.04% | 4.16% | 5.87% | 4.46% |
| Enterprise Products Partners L.P. (EPD)vs › | $82.32B | 14.18% | 13.23% | 12.88% | 14.52% |
| Eni S.p.A. (E)vs › | $80.49B | 5.60% | 11.21% | 14.28% | 13.96% |
| Suncor Energy Inc. (SU)vs › | $79.44B | 55.48% | 58.87% | 59.64% | 59.36% |
| EOG Resources, Inc. (EOG)vs › | $79.20B | 71.29% | 71.91% | 76.49% | 71.49% |
| Slb N.V. (SLB)vs › | $74.14B | 16.53% | 19.38% | 19.24% | 17.32% |
Gross Margin
9.6%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 9.57% |
| 2025-12-31 | 8.86% |
| 2025-09-30 | 7.95% |
| 2025-06-30 | 8.83% |
| 2025-03-31 | 4.33% |
| 2024-12-31 | 5.29% |
| 2024-09-30 | 6.03% |
| 2024-06-30 | 8.26% |
| 2024-03-31 | 6.99% |
| 2023-12-31 | 7.85% |
| 2023-09-30 | 12.57% |
| 2023-06-30 | 10.31% |
| 2023-03-31 | 13.68% |
| 2022-12-31 | 13.67% |
| 2022-09-30 | 13.48% |
| 2022-06-30 | 16.30% |
| 2022-03-31 | 5.74% |
| 2021-12-31 | 6.62% |
| 2021-09-30 | 5.95% |
| 2021-06-30 | 5.29% |
| 2021-03-31 | 3.45% |
| 2020-12-31 | 6.08% |
| 2020-09-30 | 2.50% |
| 2020-06-30 | 10.91% |
| 2020-03-31 | -9.85% |
| 2019-12-31 | 9.05% |
| 2019-09-30 | 8.88% |
| 2019-06-30 | 8.83% |
| 2019-03-31 | 4.86% |
| 2018-12-31 | 9.79% |
| 2018-09-30 | 7.95% |
| 2018-06-30 | 9.54% |
| 2018-03-31 | 4.38% |
| 2017-12-31 | 16.71% |
| 2017-09-30 | 10.04% |
| 2017-06-30 | 7.74% |
| 2017-03-31 | 4.20% |
| 2016-12-31 | 16.36% |
| 2016-09-30 | 18.29% |
| 2016-06-30 | 22.26% |
| 2016-03-31 | 19.15% |
| 2015-12-31 | 17.47% |
| 2015-09-30 | 22.05% |
| 2015-06-30 | 18.15% |
| 2015-03-31 | 21.57% |
| 2014-12-31 | 16.13% |
| 2014-09-30 | 12.06% |
| 2014-06-30 | 12.27% |
| 2014-03-31 | 9.73% |
| 2013-12-31 | 11.92% |
| 2013-09-30 | 8.76% |
| 2013-06-30 | 11.59% |
| 2013-03-31 | 12.59% |
| 2012-12-31 | 30.76% |
| 2012-09-30 | 16.71% |
| 2012-06-30 | 15.56% |
| 2012-03-31 | 13.08% |
| 2011-12-31 | 2.13% |
| 2011-09-30 | 11.30% |
| 2011-06-30 | 9.01% |
| 2011-03-31 | 7.34% |
| 2010-12-31 | 12.73% |
| 2010-09-30 | 5.93% |
| 2010-06-30 | 7.45% |
| 2010-03-31 | 9.61% |
| 2009-12-31 | 11.95% |
| 2009-09-30 | 15.85% |
