Marathon PetroleumBSP:M1PC34 65 Net Margin % is 1.49% as of Mar. 2026, which is 53% below its 10-year median of 3.14. GuruFocus rates BSP:M1PC34 with a GF Score™ of 65/100 and a GF Value™ of R$999.13. The stock has 6 warning signs investors should review. Among 917 Oil & Gas companies, Marathon Petroleum ranks worse than 50.38% on this metric.
The historical rank and industry rank for Marathon Petroleum's Net Margin % or its related term are showing as below:
BSP:M1PC34'
s Net Margin % Range Over the Past 10 Years
Min: -14.08 Med: 3.14 Max: 8.18
Current: 3.42
BSP:M1PC34's Net Margin % is ranked worse than 50.38% of 917
companies
in the Oil & Gas industry
Industry Median: 3.46
vs BSP:M1PC34: 3.42
Marathon Petroleum (BSP:M1PC34) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Marathon Petroleum Net Margin % Related Terms
Marathon Petroleum Net Margin % Historical Data
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The historical data trend for Marathon Petroleum's Net 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.
BSP:M1PC34 vs VLO, PSX, SUN: Net Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Marathon Petroleum's Net Margin % distribution charts can be found below:
* The bar in red indicates where Marathon Petroleum's Net Margin % falls into.
* 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 (BSP:M1PC34) has a Net Margin % of 1.49% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Marathon Petroleum and its competitors. This is 53% below median its historical median of 3.14. According to the industry distribution chart, Marathon Petroleum ranks #462 out of 917 companies in the Oil & Gas industry, placing it in the top 50.4%.
Is Marathon Petroleum's Net Margin % too high?
Marathon Petroleum's current Net Margin % of 1.49% is 53% below median its 10-year median of 3.14. The Oil & Gas industry median Net Margin % is 3.46. Marathon Petroleum's value of 1.49% is 56.9% below this industry median. Based on the distribution chart, Marathon Petroleum ranks #462 out of 917 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Marathon Petroleum has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's Net Margin % compare to VLO and PSX?
According to the Oil & Gas industry distribution chart, Marathon Petroleum ranks #462 out of 917 companies for Net Margin %. This places Marathon Petroleum in the lower half of its industry. The industry median Net Margin % is 3.46. Marathon Petroleum's value of 1.49% is 56.9% below this benchmark. While the company's 10-year median is 3.14 vs. the industry median of 3.46, 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.46, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marathon Petroleum's current Net Margin % of 1.49% is 56.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Marathon Petroleum and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marathon Petroleum's current Net Margin % is 1.49%, which is 53% below median its own 10-year median of 3.14. 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?
Marathon Petroleum (BSP:M1PC34) has a current Net Margin % of 1.49%. The stock's GF Value™ is R$999.13, compared to a current price of R$1,355.00 — trading 35.6% above its estimated fair value. The current Net Margin % is 1.49%, which is 53% below median its 10-year median of 3.14 and 56.9% below the Oil & Gas industry median of 3.46. Marathon Petroleum's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Marathon Petroleum (BSP:M1PC34), the current Net Margin % is 1.49% 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 (BSP:M1PC34) Overvalued in 2026?
Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued.
The current stock price of R$1,355.00 is trading 35.6% above its estimated GF Value™ of R$999.13.
Key valuation signals for BSP:M1PC34:
Net Margin %: 1.49% (53% below median its 10-year median of 3.14)
GF Value™: R$999.13 vs. price of R$1,355.00 (35.6% above fair value)
Industry Position: 56.9% below the Oil & Gas median (#462 of 917)
No single metric tells the full story. See the BSP:M1PC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
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