Marathon Petroleum (FRA:MPN) FCF Margin %: 0.61% (As of Mar. 2026) — 84% Below Median


FRA:MPN Marathon Petroleum Corp FRA:MPN
66 GF Score
Price €214.30
GF Value €174.61
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Marathon Petroleum FCF Margin %?

Marathon Petroleum FRA:MPN -1.20% 66 FCF Margin % is 0.61% as of Mar. 2026, which is 84% below its 10-year median of 3.88. GuruFocus rates FRA:MPN with a GF Score™ of 66/100 and a GF Value™ of €174.61 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 906 Oil & Gas companies, Marathon Petroleum ranks better than 53.42% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Marathon Petroleum's Free Cash Flow for the three months ended in Mar. 2026 was €180 Mil. Marathon Petroleum's Revenue for the three months ended in Mar. 2026 was €29,583 Mil. Therefore, Marathon Petroleum's FCF Margin % for the quarter that ended in Mar. 2026 was 0.61%.

As of today, Marathon Petroleum's current FCF Yield % is 7.70%.

The historical rank and industry rank for Marathon Petroleum's FCF Margin % or its related term are showing as below:

FRA:MPN' s FCF Margin % Range Over the Past 10 Years
Min: -0.53   Med: 3.88   Max: 8.24
Current: 4.21


During the past 13 years, the highest FCF Margin % of Marathon Petroleum was 8.24%. The lowest was -0.53%. And the median was 3.88%.

FRA:MPN's FCF Margin % is ranked better than
53.42% of 906 companies
in the Oil & Gas industry
Industry Median: 3.285 vs FRA:MPN: 4.21


Marathon Petroleum FCF Margin % Related Terms


Marathon Petroleum FCF Margin % Historical Data

* Premium members only.

The historical data trend for Marathon Petroleum's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marathon Petroleum FCF Margin % Chart

Marathon Petroleum Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 7.86 8.24 4.42 3.59

Marathon Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.31 5.75 4.77 5.80 0.61

FRA:MPN vs VLO, PSX, DINO: FCF Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Petroleum FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Petroleum's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Marathon Petroleum's FCF Margin % falls into.


FRA:MPN
66GF Score
Marathon Petroleum Corp FRA:MPN
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marathon Petroleum FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Marathon Petroleum's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4071.018/113324.946
=3.59 %

Marathon Petroleum's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=179.92/29583
=0.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 0.61% mean?
Marathon Petroleum (FRA:MPN) has a FCF Margin % of 0.61% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Marathon Petroleum and its competitors. This is 84% below median its historical median of 3.88. According to the industry distribution chart, Marathon Petroleum ranks #422 out of 906 companies in the Oil & Gas industry, placing it in the top 46.6%.
Is Marathon Petroleum's FCF Margin % too high?
Marathon Petroleum's current FCF Margin % of 0.61% is 84% below median its 10-year median of 3.88. The Oil & Gas industry median FCF Margin % is 3.29. Marathon Petroleum's value of 0.61% is 81.4% below this industry median. Based on the distribution chart, Marathon Petroleum ranks #422 out of 906 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Marathon Petroleum has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's FCF Margin % compare to VLO and PSX?
According to the Oil & Gas industry distribution chart, Marathon Petroleum ranks #422 out of 906 companies for FCF Margin %. This puts Marathon Petroleum in the upper half of its industry. The industry median FCF Margin % is 3.29. Marathon Petroleum's value of 0.61% is 81.4% below this benchmark. While the company's 10-year median is 3.88 vs. the industry median of 3.29, Marathon Petroleum has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marathon Petroleum's current FCF Margin % of 0.61% is 81.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Marathon Petroleum and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marathon Petroleum's current FCF Margin % is 0.61%, which is 84% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marathon Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Marathon Petroleum (FRA:MPN) is currently considered Modestly Overvalued. The stock's GF Value™ is €174.61, compared to a current price of €214.30 — trading 22.7% above its estimated fair value. The current FCF Margin % is 0.61%, which is 84% below median its 10-year median of 3.88 and 81.4% below the Oil & Gas industry median of 3.29. Marathon Petroleum's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Marathon Petroleum (FRA:MPN), the current FCF Margin % is 0.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Marathon Petroleum (FRA:MPN) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of €214.30 is trading 22.7% above its estimated GF Value™ of €174.61. GuruFocus considers Marathon Petroleum to be Modestly Overvalued.

Key valuation signals for FRA:MPN:

  • FCF Margin %: 0.61% (84% below median its 10-year median of 3.88)
  • GF Value™: €174.61 vs. price of €214.30 (22.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 81.4% below the Oil & Gas median (#422 of 906)

No single metric tells the full story. See the FRA:MPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marathon Petroleum Business Description

Industry EnergyOil & Gas
Address 539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an aggregate crude oil refining capacity of 3.0 million barrels per day. The company is one of the largest producers of renewable diesel in the US; its Dickinson, North Dakota facility has the capacity to produce 184 million gallons per year, and its Martinez, California, joint venture facility (a 50/50 partnership with Neste) reached its full capacity of 730 million gallons per year in late 2024. Marathon also owns the general partner and approximately 64% of MPLX LP, a large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.
66GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€214.30
Price
€174.61
GF Value