Company / Operating Margin
Marathon Petroleum Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
6.3%
FY2025
5-year range
3.6% / 12.1%
FY2021-FY2025
Trend
+27.8%
vs FY2024
Sector context
#52 of 80
Energy
What the data says
At 6.3%, Marathon Petroleum's operating margin ranks #52 of 80 in the Energy sector. Operating Margin returned to growth in FY2025 after 2 years of decline, reaching 6.3%.
Based on SEC 10-K filings.
6.3% in FY2025 with a 5-year CAGR of +23.8%.
Declined from 9.8% to 6.3% over the past 2 years.
Energy sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -5.8pp
- 5-Year Change
- +23.8pp
- 10-Year Change
- -
Sector benchmark
#52 of 80 in EnergyTop 65% of 80This company 6.3% Sector average 15.5%
▼
-59.7% below sector average
Key checks
Key Insights
- In FY2025, operating margin increased 27.8% year-over-year.
- Currently 9.2pp below the Energy sector average.
- Peak operating margin was recorded in FY2018.
- Lowest operating margin in the period was in FY2020.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 6.3% | +27.8% |
| FY2024 | 4.9% | -50.0% |
| FY2023 | 9.8% | -19.2% |
| FY2022 | 12.1% | +238.0% |
| FY2021 | 3.6% | +120.4% |
| FY2020 | -17.5% | -537.7% |
| FY2019 | 4.0% | -83.9% |
| FY2018 | 24.9% | +0.8% |
| FY2017 | 24.7% | +31.9% |
| FY2016 | 18.7% | -31.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026