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Marathon Petroleum Corp

MPCNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 16/308% above fair value
$430.39−14.34 (-3.22%)

Close on Nov 2, 2026Market cap $120.86BP/E 14.8Yield 0.87%

Marathon Petroleum Refining & Marketing margin, ex-LIFO by Quarter

Refining & Marketing margin, ex-LIFO ($M) ($M)

QuarterlyAnnual

Marathon Petroleum Refining & Marketing margin, ex-LIFO: $9,735M in Q2 2026, up 98.9% from a year earlier.

Latest, Q2 2026
9,735
Period ended Jun 30, 2026
Change on a year earlier
+98.9%
4,895 in Q2 2025
History
18 quarters
Since Q1 2022
Sources
4
Documents cited below

Where the Q2 2026 figure comes from

“MPC-2Q-2026-IR-Packet.xlsx (R&M Margin Recon) | FY2026Q2 | Refining & Marketing margin: 9735”

Source: MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedRefining & Marketing margin, ex-LIFO ($M) ($M)Year on yearSource
Q2 2026Jun 30, 20269,735+98.9%MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗
Q1 2026Mar 31, 20264,550+32.7%MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗
Q4 2025Dec 31, 20255,214+50.7%MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗
Q3 2025Sep 30, 20254,865+21.3%MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗
Q2 2025Jun 30, 20254,895+0.6%MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗
Q1 2025Mar 31, 20253,430-26.7%MPC Investor Relations Data Packet (MPC-2Q-2026-IR-Packet.xlsx) ↗
Q4 2024Dec 31, 20243,460-27.8%MPC Investor Relations Data Packet (MPC-4Q-2025-IR-Packet.xlsx) ↗
Q3 2024Sep 30, 20244,011-43.2%MPC Investor Relations Data Packet (MPC-4Q-2025-IR-Packet.xlsx) ↗
Q2 2024Jun 30, 20244,867-17.1%MPC Investor Relations Data Packet (MPC-4Q-2025-IR-Packet.xlsx) ↗
Q1 2024Mar 31, 20244,677-29.7%MPC Investor Relations Data Packet (MPC-4Q-2025-IR-Packet.xlsx) ↗
Q4 2023Dec 31, 20234,790-37.6%MPC Investor Relations Data Packet (MPC-Q4-2024-IR-Packet.xlsx) ↗
Q3 2023Sep 30, 20237,063-15.5%MPC Investor Relations Data Packet (MPC-Q4-2024-IR-Packet.xlsx) ↗
Q2 2023Jun 30, 20235,869-44.0%MPC Investor Relations Data Packet (MPC-Q4-2024-IR-Packet.xlsx) ↗
Q1 2023Mar 31, 20236,650+70.3%MPC Investor Relations Data Packet (MPC-Q4-2024-IR-Packet.xlsx) ↗
Q4 2022Dec 31, 20227,675–MPC Investor Relations Data Packet (MPC-Q4-2023-IR-Packet.xlsx) ↗
Q3 2022Sep 30, 20228,358–MPC Investor Relations Data Packet (MPC-Q4-2023-IR-Packet.xlsx) ↗

Breakdown

What makes up refining & Marketing margin, ex-LIFO

Cite this data

StockData. (2026). Marathon Petroleum Refining & Marketing margin, ex-LIFO ($M), quarterly Q1 2022–Q2 2026 [Data set]. Compiled from Marathon Petroleum SEC filings and investor materials. https://stockdatahq.com/stocks/mpc/kpis/rm-margin-total-mm

See every metric in the Marathon Petroleum KPI table. Data updated Oct 27, 2026.