Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 7.95% is 11% above its 5-year average of 7.15%, around the middle of its 5-year range (1.12%–15.48%).
16.15% above its 12-month average of 6.84%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
7.95%
OPERATING MARGIN AVG TTM
6.84%
OPERATING MARGIN AVG 3Y
4.89%
OPERATING MARGIN AVG 5Y
7.15%
OPERATING MARGIN AVG 10Y
5.48%
OPERATING MARGIN AVG 15Y
5.09%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+16.15%
CURRENT VS 3Y AVG
+62.55%
CURRENT VS 5Y AVG
+11.24%
CURRENT VS 10Y AVG
+45.06%
CURRENT VS 15Y AVG
+56.09%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.48%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
-56.98%
vs the sector median at left
Marathon Petroleum Corporation
Market Cap
$113.53B
Operating Margin
7.95%
TTM Avg
6.84%
3Y Avg
4.89%
5Y Avg
7.15%
Market Cap
$106.74B
Operating Margin
7.53%
TTM Avg
3.20%
3Y Avg
5.87%
5Y Avg
3.82%
Market Cap
$105.24B
Operating Margin
18.62%
TTM Avg
32.87%
3Y Avg
30.29%
5Y Avg
25.02%
Market Cap
$90.70B
Operating Margin
40.31%
TTM Avg
34.31%
3Y Avg
33.92%
5Y Avg
31.49%
Market Cap
$84.25B
Operating Margin
12.97%
TTM Avg
13.09%
3Y Avg
13.00%
5Y Avg
14.24%
Market Cap
$79.50B
Operating Margin
27.54%
TTM Avg
32.16%
3Y Avg
34.03%
5Y Avg
30.70%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Marathon Petroleum Corporation (MPC) | $113.53B | 7.95% | 6.84% | 4.89% | 7.15% |
| Valero Energy Corporation (VLO)vs › | $106.74B | 7.53% | 3.20% | 5.87% | 3.82% |
| Canadian Natural Resources Limited (CNQ)vs › | $105.24B | 18.62% | 32.87% | 30.29% | 25.02% |
| Phillips 66 (PSX)vs › | $102.27B | 6.67% | 2.14% | 3.95% | 2.34% |
| The Williams Companies, Inc. (WMB)vs › | $90.70B | 40.31% | 34.31% | 33.92% | 31.49% |
| Slb N.V. (SLB)vs › | $85.35B | 13.40% | 16.36% | 16.02% | 13.86% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.25B | 12.97% | 13.09% | 13.00% | 14.24% |
| Suncor Energy Inc. (SU)vs › | $79.50B | 27.54% | 32.16% | 34.03% | 30.70% |
| Eni S.p.A. (E)vs › | $77.62B | 4.94% | 8.46% | 10.75% | 10.27% |
| EOG Resources, Inc. (EOG)vs › | $77.33B | 39.07% | 34.86% | 36.23% | 28.41% |
Gross Margin
11.6%
Operating Margin
8.0%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 14.08% |
| 2026-03-31 | 4.06% |
| 2025-12-31 | 5.67% |
| 2025-09-30 | 4.81% |
| 2025-06-30 | 5.61% |
| 2025-03-31 | 1.12% |
| 2024-12-31 | 2.45% |
| 2024-09-30 | 3.84% |
| 2024-06-30 | 6.65% |
| 2024-03-31 | 5.45% |
| 2023-12-31 | 5.04% |
| 2023-09-30 | 11.62% |
| 2023-06-30 | 9.09% |
| 2023-03-31 | 11.65% |
| 2022-12-31 | 11.90% |
| 2022-09-30 | 14.60% |
| 2022-06-30 | 15.48% |
| 2022-03-31 | 4.51% |
| 2021-12-31 | 5.03% |
| 2021-09-30 | 4.15% |
| 2021-06-30 | 3.26% |
| 2021-03-31 | 0.96% |
| 2020-12-31 | 1.89% |
| 2020-09-30 | -6.07% |
| 2020-06-30 | 4.72% |
| 2020-03-31 | -54.74% |
| 2019-12-31 | 2.70% |
| 2019-09-30 | 7.35% |
| 2019-06-30 | 6.09% |
| 2019-03-31 | 2.37% |
| 2018-12-31 | 6.24% |
| 2018-09-30 | 6.10% |
| 2018-06-30 | 7.67% |
| 2018-03-31 | 2.33% |
| 2017-12-31 | 5.31% |
| 2017-09-30 | 8.21% |
| 2017-06-30 | 5.40% |
| 2017-03-31 | 1.79% |
| 2016-12-31 | 3.22% |
| 2016-09-30 | 2.62% |
| 2016-06-30 | 7.82% |
| 2016-03-31 | 0.59% |
| 2015-12-31 | 2.17% |
| 2015-09-30 | 8.28% |
| 2015-06-30 | 6.50% |
| 2015-03-31 | 8.55% |
| 2014-12-31 | 5.66% |
| 2014-09-30 | 4.17% |
| 2014-06-30 | 5.10% |
| 2014-03-31 | 1.55% |
| 2013-12-31 | 4.05% |
| 2013-09-30 | 1.15% |
| 2013-06-30 | 3.74% |
| 2013-03-31 | 4.95% |
| 2012-12-31 | 5.81% |
| 2012-09-30 | 9.00% |
| 2012-06-30 | 6.46% |
| 2012-03-31 | 4.72% |
| 2011-12-31 | -0.81% |
| 2011-09-30 | 8.52% |
| 2011-06-30 | 6.38% |
| 2011-03-31 | 4.59% |
| 2010-12-31 | 2.01% |
| 2010-09-30 | 2.78% |
| 2010-06-30 | 4.02% |
| 2010-03-31 | -3.13% |
| 2009-12-31 | -0.91% |
| 2009-09-30 | 2.13% |