Marathon Petroleum (MPC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Marathon Petroleum reported $35.85 billion in revenue for Q3 2025, a year-over-year increase of 1.4% and a surprise of +16.33% compared to the Zacks Consensus Estimate of $30.82 billion [1] - The company's EPS for the quarter was $3.01, up from $1.87 a year ago, but fell short of the consensus estimate of $3.11, resulting in an EPS surprise of -3.22% [1] Financial Performance - The refining and marketing margin was reported at $17.60, slightly below the four-analyst average estimate of $17.70 [4] - Mid-Continent refining and marketing margin was $19.88, exceeding the average estimate of $18.55 [4] - West Coast refining and marketing margin was $19.17, significantly lower than the estimated $22.38 [4] - Gulf Coast refining and marketing margin was $14.77, slightly below the average estimate of $15.03 [4] Refinery Throughputs - Net refinery throughput was 3005 million barrels of oil, surpassing the average estimate of 2939.48 million barrels [4] - Crude oil refined in the Mid-Continent was 1,147.00 Mbpd, above the average estimate of 1,089.39 Mbpd [4] - Gross refinery throughputs in the West Coast were 557.00 Mbpd, exceeding the average estimate of 547.29 Mbpd [4] - Crude oil refined in the West Coast was 522.00 Mbpd, above the average estimate of 505.05 Mbpd [4] Stock Performance - Marathon Petroleum shares returned +8.4% over the past month, outperforming the Zacks S&P 500 composite's +1.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]