Marathon Petroleum annual return on equity
2010
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2015
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2022
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2025
Marathon Petroleum Return on Equity (ROE) Growth & History (MPC)
Marathon Petroleum's return on equity was 23.09% for fiscal 2025.
View full Marathon Petroleum company overviewMarathon Petroleum annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.09% | +6.74 pp |
| 2024 | 2024-12-31 | 16.35% | −20.80 pp |
| 2023 | 2023-12-31 | 37.15% | −16.69 pp |
| 2022 | 2022-12-31 | 53.84% | +13.61 pp |
| 2021 | 2021-12-31 | 40.24% | +75.40 pp |
| 2020 | 2020-12-31 | −35.16% | −42.82 pp |
| 2019 | 2019-12-31 | 7.66% | −3.64 pp |
| 2018 | 2018-12-31 | 11.30% | −13.58 pp |
| 2017 | 2017-12-31 | 24.88% | +16.12 pp |
| 2016 | 2016-12-31 | 8.76% | −15.02 pp |
| 2015 | 2015-12-31 | 23.78% | +0.48 pp |
| 2014 | 2014-12-31 | 23.29% | +4.62 pp |
| 2013 | 2013-12-31 | 18.68% | −13.29 pp |
| 2012 | 2012-12-31 | 31.97% | +5.05 pp |
| 2011 | 2011-12-31 | 26.92% | +19.77 pp |
| 2010 | 2010-12-31 | 7.15% | — |
Marathon Petroleum quarterly return on equity
Q2.11
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Q1.13
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Q3.13
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Q3.14
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Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
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Q1.20
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Q2.22
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Q1.23
Q2.23
Q3.23
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 28.68% | +21.31 pp |
| Q1 2026 | 2026-03-31 | 3.00% | +3.43 pp |
| Q4 2025 | 2025-12-31 | 8.92% | +6.90 pp |
| Q3 2025 | 2025-09-30 | 8.13% | +5.04 pp |
| Q2 2025 | 2025-06-30 | 7.37% | +0.52 pp |
| Q1 2025 | 2025-03-31 | −0.43% | −4.39 pp |
| Q4 2024 | 2024-12-31 | 2.02% | −3.75 pp |
| Q3 2024 | 2024-09-30 | 3.09% | −9.63 pp |
| Q2 2024 | 2024-06-30 | 6.85% | −1.62 pp |
| Q1 2024 | 2024-03-31 | 3.96% | −6.02 pp |
| Q4 2023 | 2023-12-31 | 5.77% | −6.52 pp |
| Q3 2023 | 2023-09-30 | 12.72% | −4.30 pp |
| Q2 2023 | 2023-06-30 | 8.47% | −14.89 pp |
| Q1 2023 | 2023-03-31 | 9.98% | +6.61 pp |
| Q4 2022 | 2022-12-31 | 12.30% | +9.45 pp |
| Q3 2022 | 2022-09-30 | 17.02% | +14.59 pp |
| Q2 2022 | 2022-06-30 | 23.36% | −10.34 pp |
| Q1 2022 | 2022-03-31 | 3.37% | +4.47 pp |
| Q4 2021 | 2021-12-31 | 2.84% | +1.56 pp |
| Q3 2021 | 2021-09-30 | 2.43% | +6.26 pp |
| Q2 2021 | 2021-06-30 | 33.70% | +33.66 pp |
| Q1 2021 | 2021-03-31 | −1.11% | +30.86 pp |
| Q4 2020 | 2020-12-31 | 1.28% | −0.04 pp |
| Q3 2020 | 2020-09-30 | −3.84% | −7.06 pp |
| Q2 2020 | 2020-06-30 | 0.04% | −3.21 pp |
| Q1 2020 | 2020-03-31 | −31.96% | −31.94 pp |
| Q4 2019 | 2019-12-31 | 1.31% | −2.46 pp |
| Q3 2019 | 2019-09-30 | 3.22% | −1.67 pp |
| Q2 2019 | 2019-06-30 | 3.25% | −3.80 pp |
| Q1 2019 | 2019-03-31 | −0.02% | −0.28 pp |
| Q4 2018 | 2018-12-31 | 3.78% | −11.18 pp |
| Q3 2018 | 2018-09-30 | 4.89% | −2.17 pp |
| Q2 2018 | 2018-06-30 | 7.05% | +3.29 pp |
| Q1 2018 | 2018-03-31 | 0.25% | +0.03 pp |
| Q4 2017 | 2017-12-31 | 14.95% | +13.27 pp |
| Q3 2017 | 2017-09-30 | 7.06% | +5.99 pp |
| Q2 2017 | 2017-06-30 | 3.76% | −2.31 pp |
| Q1 2017 | 2017-03-31 | 0.23% | +0.22 pp |
| Q4 2016 | 2016-12-31 | 1.68% | +0.22 pp |
| Q3 2016 | 2016-09-30 | 1.08% | −6.85 pp |
| Q2 2016 | 2016-06-30 | 6.07% | −1.12 pp |
| Q1 2016 | 2016-03-31 | 0.01% | −8.06 pp |
| Q4 2015 | 2015-12-31 | 1.47% | −5.92 pp |
| Q3 2015 | 2015-09-30 | 7.93% | +1.67 pp |
| Q2 2015 | 2015-06-30 | 7.19% | −0.97 pp |
| Q1 2015 | 2015-03-31 | 8.07% | +6.20 pp |
| Q4 2014 | 2014-12-31 | 7.39% | +1.64 pp |
| Q3 2014 | 2014-09-30 | 6.26% | +4.78 pp |
| Q2 2014 | 2014-06-30 | 8.16% | +3.17 pp |
| Q1 2014 | 2014-03-31 | 1.87% | −4.25 pp |
| Q4 2013 | 2013-12-31 | 5.75% | −0.77 pp |
| Q3 2013 | 2013-09-30 | 1.48% | −9.75 pp |
| Q2 2013 | 2013-06-30 | 4.99% | −3.34 pp |
| Q1 2013 | 2013-03-31 | 6.12% | −0.25 pp |
| Q4 2012 | 2012-12-31 | 6.52% | +7.29 pp |
| Q3 2012 | 2012-09-30 | 11.23% | −0.68 pp |
| Q2 2012 | 2012-06-30 | 8.33% | −0.98 pp |
| Q1 2012 | 2012-03-31 | 6.37% | — |
| Q4 2011 | 2011-12-31 | −0.77% | — |
| Q3 2011 | 2011-09-30 | 11.91% | — |
| Q2 2011 | 2011-06-30 | 9.31% | — |
Marathon Petroleum return on equity trends
Over the last five fiscal years, Marathon Petroleum's return on equity increased from −35.16% to 23.09%, a change of +58.25 percentage points. The latest reported quarter, Q2 2026, shows 28.68%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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