Marathon Petroleum has been growing earnings at an average annual rate of 3.7%, while the Oil and Gas industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 3.9% per year. Marathon Petroleum's return on equity is 27.2%, and it has net margins of 3.4%.
Key information
3.68%
Earnings growth rate
11.87%
EPS growth rate
Oil and Gas Industry Growth
27.84%
Revenue growth rate
3.86%
Return on equity
27.25%
Net Margin
3.40%
Next Earnings Update
04 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Marathon Petroleum makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1MPC Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
135,946
4,628
3,456
0
31 Dec 25
133,174
4,043
3,372
0
30 Sep 25
133,581
2,879
3,326
0
30 Jun 25
133,862
2,133
3,264
0
31 Mar 25
137,969
2,432
3,203
0
31 Dec 24
139,336
3,442
3,183
0
30 Sep 24
142,670
4,521
3,186
0
30 Jun 24
148,772
7,177
3,183
0
31 Mar 24
147,394
7,888
3,050
0
31 Dec 23
149,348
9,672
2,950
0
30 Sep 23
152,729
11,470
2,913
0
30 Jun 23
157,477
12,666
2,814
0
31 Mar 23
174,917
16,311
2,861
0
31 Dec 22
178,236
14,436
2,775
0
30 Sep 22
173,756
11,962
2,667
0
30 Jun 22
160,241
8,181
2,653
0
31 Mar 22
135,923
2,609
2,608
0
31 Dec 21
120,451
1,288
2,601
0
30 Sep 21
103,033
475
2,586
0
30 Jun 21
87,972
-1,475
2,574
0
31 Mar 21
70,457
-1,956
2,557
0
31 Dec 20
69,896
-11,032
2,721
0
30 Sep 20
79,918
-10,734
2,881
0
30 Jun 20
90,070
-8,636
2,969
0
31 Mar 20
105,214
-7,715
3,071
0
31 Dec 19
111,275
1,830
3,196
0
30 Sep 19
115,646
2,523
3,306
0
30 Jun 19
111,099
2,419
3,029
0
31 Mar 19
106,098
2,735
2,689
0
31 Dec 18
86,284
2,106
2,085
0
30 Sep 18
85,449
3,843
1,832
0
30 Jun 18
81,716
4,008
1,754
0
31 Mar 18
77,618
3,437
1,727
0
31 Dec 17
75,053
3,430
1,743
0
30 Sep 17
69,251
1,642
1,606
0
30 Jun 17
64,702
885
1,614
0
31 Mar 17
61,385
1,202
1,616
0
31 Dec 16
63,517
1,173
1,605
0
30 Sep 16
54,372
1,132
1,602
0
30 Jun 16
56,364
1,935
1,574
0
31 Mar 16
60,040
1,959
1,566
0
31 Dec 15
64,471
2,848
1,546
0
30 Sep 15
71,111
3,459
1,500
0
30 Jun 15
78,194
3,182
1,450
0
Quality Earnings: 1MPC has high quality earnings.
Growing Profit Margin: 1MPC's current net profit margins (3.4%) are higher than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1MPC has become profitable over the past 5 years, growing earnings by 3.7% per year.
Accelerating Growth: 1MPC's earnings growth over the past year (90.3%) exceeds its 5-year average (3.7% per year).
Earnings vs Industry: 1MPC earnings growth over the past year (90.3%) exceeded the Oil and Gas industry -0.6%.
Return on Equity
High ROE: Whilst 1MPC's Return on Equity (27.25%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/25 12:22
End of Day Share Price
2026/06/25 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Marathon Petroleum Corporation is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.