Marathon Petroleum Corp (MPC) closed fiscal year 2025 with a gross margin of 10.0 % and a net margin of 3.0 %.
Marathon Petroleum Corp (MPC) closed fiscal year 2025 with a gross margin of 10.0 % and a net margin of 3.0 %. The same year shows an EBITDA margin of 8.7 % and an EBIT margin of 6.2 %. The free cash flow margin was 3.6 %. Against the previous year the gross margin moved +0.9 pp and the net margin +0.6 pp. Across the period the gross margin ranges between 5.8 % in 2020 and 14.5 % in 2022. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | 10.43 % | 10.23 % | 10.50 % | 10.72 % | 5.80 % | 8.31 % | 14.53 % | 13.35 % | 9.09 % | 9.99 % |
| EBITDA margin (%) | 3.31 % | 3.12 % | 5.90 % | 7.71 % | 4.64 % | 5.50 % | 8.60 % | 6.93 % | 8.21 % | 7.97 % | 6.92 % | -12.71 % | 6.39 % | 13.91 % | 12.01 % | 7.30 % | 8.70 % |
| EBIT margin (%) | 1.84 % | 1.62 % | 4.76 % | 6.50 % | 3.42 % | 4.14 % | 6.51 % | 3.77 % | 5.38 % | 5.45 % | 4.01 % | -17.55 % | 3.58 % | 12.10 % | 9.78 % | 4.89 % | 6.25 % |
| Net margin (%) | 0.99 % | 1.00 % | 3.04 % | 4.12 % | 2.11 % | 2.58 % | 3.96 % | 1.86 % | 4.59 % | 3.23 % | 2.37 % | -14.08 % | 8.12 % | 8.18 % | 6.52 % | 2.48 % | 3.05 % |
| FCF margin (%) | -0.96 % | 1.60 % | 2.70 % | 3.80 % | 2.20 % | 1.67 % | 2.88 % | 1.78 % | 5.19 % | 3.46 % | 4.17 % | -0.53 % | 2.41 % | 7.86 % | 8.24 % | 4.42 % | 3.59 % |
