Marathon Petroleum Corporation (MPC) Operating Margin: 4.35%
Is Marathon Petroleum Corporation’s operating margin high or low?
Marathon Petroleum Corporation's operating margin of 4.35% is 96% above its 5-year average of 2.22%, near the high end of its 5-year range (-17.55%–10.69%).
The operating margin for Marathon Petroleum Corporation (MPC) is 4.35% as of Tuesday, June 9, 2026. It is above its 12-month average by 7.01% (4.06%).
MPC Operating Margin Chart
MPC Average Operating Margin Chart
MPC Current vs Average Operating Margin Chart
MPC Operating Margin Metrics
OPERATING MARGIN
4.35%
OPERATING MARGIN AVG TTM
4.06%
OPERATING MARGIN AVG 3Y
6.83%
OPERATING MARGIN AVG 5Y
2.22%
OPERATING MARGIN AVG 10Y
3.50%
OPERATING MARGIN AVG 15Y
3.68%
OPERATING MARGIN AVG 20Y
3.51%
CURRENT VS TTM AVG
+7.01%
CURRENT VS 3Y AVG
-36.26%
CURRENT VS 5Y AVG
+95.80%
CURRENT VS 10Y AVG
+24.45%
CURRENT VS 15Y AVG
+18.19%
CURRENT VS 20Y AVG
+23.97%
MPC Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Marathon Petroleum Corporation (MPC) | — | 4.35% | 4.06% | 6.83% | 2.22% |
| Valero Energy Corporation (VLO) | $75.36B | 3.51% | 3.20% | 5.87% | 3.82% |
| EOG Resources, Inc. (EOG) | $73.15B | 35.14% | 34.86% | 36.23% | 28.41% |
| Phillips 66 (PSX) | $71.77B | 2.66% | 2.14% | 3.95% | 2.34% |
| SLB N.V. (SLB) | $83.50B | 15.28% | 16.36% | 16.02% | 13.86% |
| Occidental Petroleum Corporation (OXY) | $56.25B | 17.24% | 19.63% | 24.70% | 17.59% |
| Antero Midstream Corporation (AM) | $10.10B | 51.20% | 53.61% | 54.17% | 43.65% |
| ConocoPhillips (COP) | $142.28B | 19.58% | 21.49% | 25.61% | 19.93% |
| Helmerich & Payne, Inc. (HP) | $3.79B | 6.20% | 11.29% | 11.09% | -4.30% |
| Chevron Corporation (CVX) | $371.97B | 9.04% | 12.04% | 14.55% | 10.20% |
Operating Efficiency
Gross Margin
7.5%
Operating Margin
4.3%
Marathon Petroleum Corporation Operating Margin Formula & Definition
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
Marathon Petroleum Corporation Operating Margin FAQ
- What is the operating margin for Marathon Petroleum Corporation (MPC)?
- The operating margin for MPC stock is 4.35%.
- Is Marathon Petroleum Corporation's operating margin high or low?
- Marathon Petroleum Corporation's operating margin of 4.35% is 96% above its 5-year average of 2.22%, near the high end of its 5-year range (-17.55%–10.69%).
- What is the TTM average operating margin for Marathon Petroleum Corporation (MPC)?
- The TTM average operating margin for MPC stock is 4.06%.
- What is the 3Y average operating margin for Marathon Petroleum Corporation (MPC)?
- The 3Y average operating margin for MPC stock is 6.83%.
- What is the 5Y average operating margin for Marathon Petroleum Corporation (MPC)?
- The 5Y average operating margin for MPC stock is 2.22%.
- What is the 10Y average operating margin for Marathon Petroleum Corporation (MPC)?
- The 10Y average operating margin for MPC stock is 3.50%.
- What is the 15Y average operating margin for Marathon Petroleum Corporation (MPC)?
- The 15Y average operating margin for MPC stock is 3.68%.
- What is the 20Y average operating margin for Marathon Petroleum Corporation (MPC)?
- The 20Y average operating margin for MPC stock is 3.51%.
Marathon Petroleum Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 4.35% |
| 2024-12-31 | 3.78% |
| 2023-12-31 | 8.48% |
| 2022-12-31 | 10.69% |
| 2021-12-31 | 3.58% |
| 2020-12-31 | -17.55% |
| 2019-12-31 | 4.01% |
| 2018-12-31 | 5.45% |
| 2017-12-31 | 5.38% |
| 2016-12-31 | 3.77% |
| 2015-12-31 | 6.51% |
| 2014-12-31 | 4.14% |
| 2013-12-31 | 3.42% |
| 2012-12-31 | 6.50% |
| 2011-12-31 | 4.76% |
| 2010-12-31 | 1.62% |
| 2009-12-31 | 1.43% |
| 2008-12-31 | 2.84% |