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Side-by-side financial comparison of Kroger (KR) and Marathon Petroleum (MPC). Click either name above to swap in a different company.
Kroger is the larger business by last-quarter revenue ($33.9B vs $32.6B, roughly 1.0× Marathon Petroleum). Marathon Petroleum runs the higher net margin — 4.7% vs -3.9%, a 8.6% gap on every dollar of revenue. On growth, Kroger posted the faster year-over-year revenue change (0.7% vs -1.7%). Marathon Petroleum produced more free cash flow last quarter ($1.9B vs $29.0M).
The Kroger Co., or simply Kroger, is an American retail corporation headquartered in Cincinnati, Ohio. It operates supermarkets and multi-department stores throughout the United States.
Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
KR vs MPC — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $33.9B | $32.6B |
| Net Profit | $-1.3B | $1.5B |
| Gross Margin | — | 11.4% |
| Operating Margin | -4.6% | 8.3% |
| Net Margin | -3.9% | 4.7% |
| Revenue YoY | 0.7% | -1.7% |
| Net Profit YoY | -313.6% | 313.7% |
| EPS (diluted) | $-2.02 | $4.99 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $33.9B | $32.6B | ||
| Q3 25 | $33.9B | $34.8B | ||
| Q2 25 | $45.1B | $33.8B | ||
| Q1 25 | $34.3B | $31.5B | ||
| Q4 24 | — | $33.1B | ||
| Q3 24 | — | $35.1B | ||
| Q2 24 | — | $37.9B | ||
| Q1 24 | — | $32.7B |
| Q4 25 | $-1.3B | $1.5B | ||
| Q3 25 | $609.0M | $1.4B | ||
| Q2 25 | $866.0M | $1.2B | ||
| Q1 25 | $634.0M | $-74.0M | ||
| Q4 24 | — | $371.0M | ||
| Q3 24 | — | $622.0M | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $937.0M |
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 10.5% | ||
| Q1 24 | — | 9.5% |
| Q4 25 | -4.6% | 8.3% | ||
| Q3 25 | 2.5% | 7.8% | ||
| Q2 25 | 2.9% | 6.5% | ||
| Q1 25 | 2.7% | 2.2% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 6.7% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | -3.9% | 4.7% | ||
| Q3 25 | 1.8% | 3.9% | ||
| Q2 25 | 1.9% | 3.6% | ||
| Q1 25 | 1.8% | -0.2% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 2.9% |
| Q4 25 | $-2.02 | $4.99 | ||
| Q3 25 | $0.91 | $4.51 | ||
| Q2 25 | $1.29 | $3.96 | ||
| Q1 25 | $0.90 | $-0.24 | ||
| Q4 24 | — | $1.30 | ||
| Q3 24 | — | $1.87 | ||
| Q2 24 | — | $4.33 | ||
| Q1 24 | — | $2.58 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.0B | $3.7B |
| Total DebtLower is stronger | $16.0B | $30.5B |
| Stockholders' EquityBook value | $7.0B | $17.3B |
| Total Assets | $51.4B | $84.0B |
| Debt / EquityLower = less leverage | 2.27× | 1.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.0B | $3.7B | ||
| Q3 25 | $4.9B | $2.7B | ||
| Q2 25 | $4.7B | $1.7B | ||
| Q1 25 | $4.0B | $3.8B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $8.5B | ||
| Q1 24 | — | $7.6B |
| Q4 25 | $16.0B | $30.5B | ||
| Q3 25 | $15.9B | $31.2B | ||
| Q2 25 | $15.9B | $26.8B | ||
| Q1 25 | $15.9B | $26.8B | ||
| Q4 24 | — | $24.4B | ||
| Q3 24 | — | $24.1B | ||
| Q2 24 | — | $24.0B | ||
| Q1 24 | — | $24.8B |
| Q4 25 | $7.0B | $17.3B | ||
| Q3 25 | $9.3B | $17.1B | ||
| Q2 25 | $8.9B | $16.6B | ||
| Q1 25 | $8.3B | $16.4B | ||
| Q4 24 | — | $17.7B | ||
| Q3 24 | — | $18.9B | ||
| Q2 24 | — | $21.3B | ||
| Q1 24 | — | $22.9B |
| Q4 25 | $51.4B | $84.0B | ||
| Q3 25 | $53.6B | $83.2B | ||
| Q2 25 | $53.2B | $78.5B | ||
| Q1 25 | $52.6B | $81.6B | ||
| Q4 24 | — | $78.9B | ||
| Q3 24 | — | $79.8B | ||
| Q2 24 | — | $85.2B | ||
| Q1 24 | — | $85.5B |
| Q4 25 | 2.27× | 1.76× | ||
| Q3 25 | 1.72× | 1.83× | ||
| Q2 25 | 1.79× | 1.61× | ||
| Q1 25 | 1.92× | 1.64× | ||
| Q4 24 | — | 1.38× | ||
| Q3 24 | — | 1.27× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 1.08× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $970.0M | $3.1B |
| Free Cash FlowOCF − Capex | $29.0M | $1.9B |
| FCF MarginFCF / Revenue | 0.1% | 5.8% |
| Capex IntensityCapex / Revenue | 2.8% | 3.6% |
| Cash ConversionOCF / Net Profit | — | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | $2.3B | $4.8B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $970.0M | $3.1B | ||
| Q3 25 | $1.5B | $2.6B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $1.4B | $-64.0M | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $29.0M | $1.9B | ||
| Q3 25 | $615.0M | $1.7B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $520.0M | $-727.0M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $947.0M |
| Q4 25 | 0.1% | 5.8% | ||
| Q3 25 | 1.8% | 4.8% | ||
| Q2 25 | 2.4% | 5.8% | ||
| Q1 25 | 1.5% | -2.3% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 7.3% | ||
| Q1 24 | — | 2.9% |
| Q4 25 | 2.8% | 3.6% | ||
| Q3 25 | 2.7% | 2.7% | ||
| Q2 25 | 2.3% | 2.1% | ||
| Q1 25 | 2.6% | 2.1% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.8% |
| Q4 25 | — | 2.00× | ||
| Q3 25 | 2.53× | 1.90× | ||
| Q2 25 | 2.48× | 2.17× | ||
| Q1 25 | 2.21× | — | ||
| Q4 24 | — | 5.95× | ||
| Q3 24 | — | 2.71× | ||
| Q2 24 | — | 2.14× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KR
Segment breakdown not available.
MPC
| Refined Products | $28.6B | 88% |
| Midstream | $1.4B | 4% |
| Crude Oil | $1.2B | 4% |
| Renewable Diesel | $851.0M | 3% |
| Related Party | $536.0M | 2% |
| Services & Other | $466.0M | 1% |
