Gas Station Profit Per Gallon: 2026 Benchmarks

About 55 cents/gal
Terminal-to-Pump Margin, 2025
OUR ANALYSIS
VantaInsights Analysis · EIA data
2025
111,124
Gasoline Stations, Establishments
Census County Business Patterns 2022
Section 1

What a Gas Station Actually Makes on a Gallon #

In 2025 there were about 55 cents per gallon to divide between everyone who handles fuel after it leaves the terminal: the wholesaler, the hauler and the station. That is our calculation from Energy Information Administration data, and two independent routes through the federal figures arrive at the same number. The method is set out below.

The station's share of that pool is the part operators ask about. NACS, whose State of the Industry data covers retailers representing more than 35,000 stores, puts the retail gross fuel margin above 40 cents per gallon in 2025. That sits inside the federal envelope, leaving roughly 15 cents for freight and wholesale.

Very little of the station's 40 cents survives the cost of selling the fuel, which is what the rest of this page is about.

Section 2

How We Calculated It: Two Federal Routes to One Number #

Route one, the EIA price breakdown. The Energy Information Administration splits the retail price of gasoline into crude oil, refining, distribution and marketing, and taxes. With regular averaging $3.10 a gallon across the year, it attributes 17.8% of the price to distribution and marketing. That is 55 cents.

Route two, the price spread. Take the average pump price for the year and subtract the average Gulf Coast wholesale price, which leaves about 108 cents. Remove 18.4 cents of federal excise tax and the 33.55 cent average of state taxes and fees, and 56 cents remain.

The two routes use different data and agree within a cent. Three caveats keep the figure honest: Gulf Coast spot is not the rack price a station actually pays, the state tax average is dated January 2026 rather than averaged over the year, and the distribution and marketing bucket includes the wholesaler's margin as well as the station's.

Full Report

Want the full gas station profit per gallon data?

Complete data with 5-year forecasts, geographic breakdowns, and competitive analysis. Every data point sourced and cited.

View Report $399

Need the numbers only? Data Pack $99

Section 3

Gross Margin Is Not Profit #

NACS estimates that net fuel margin, after the retail expenses of actually running the forecourt, lands closer to 10 to 15 cents per gallon. The gap is credit card interchange, labour, electricity, maintenance on the dispensers, environmental compliance and the cost of the tanks themselves.

Card fees alone are the largest single deduction and they scale with the fuel price rather than with volume, which means the operator's cost of selling a gallon rises every time the commodity does. A high pump price is not a good year for a station; it is a working capital problem with a thinner net margin attached.

Any benchmark that quotes fuel margin without saying whether it is gross or net is not a usable benchmark.

Section 4

Why the Margin Pool Is Wider Than It Used to Be #

Federal data shows the widening independently of any trade survey. EIA's distribution and marketing share of the pump price sat above its ten-year average in 2025, and the gap between Gulf Coast wholesale and the average pump price has widened in every year since 2021. NACS puts retail margins before 2020 closer to 22 cents a gallon.

The price gap carries taxes as well as margin, and some states index their fuel taxes, so not all of that widening is margin. The EIA share is measured net of tax, though, and it points the same way.

The causes are not primarily price gouging. Card interchange rose with fuel prices, credit costs rose, and retailers held wider margins to defend a net figure that barely moved. Consolidation removed many price-following independents, and flat demand removed the volume growth that once justified running thin. A wider pool has mostly offset costs that arrived at the same time.

Section 5

The Store Behind the Pumps #

For most operators, fuel is the traffic generator and the store is the business. Inside sales carry the gross profit that fuel cannot, which is why the industry tracks inside sales as a share of total revenue and why foodservice has become the strategic centre of new store formats.

This is the reason a station's fuel margin, on its own, tells you almost nothing about whether the site is profitable. Two stations holding identical margins per gallon can sit on opposite sides of viability depending on what happens after the customer parks.

Section 6

Benchmarking Against the Federal Establishment Record #

The federal record counts roughly 111,124 gasoline stations nationally, a base that has been slowly contracting for two decades as smaller sites close and larger formats replace them. Census County Business Patterns gives establishment and employment counts by industry and geography, which is the right frame for judging local competitive density.

The margin figures on this page come from two places. The whole terminal-to-pump pool is our calculation from EIA data, re-run each year from the published series. The station's share comes from NACS's member survey, which is self-reported. Where the two overlap, they agree, and that agreement is the reason to trust either.

Who Uses These Reports

Trusted by professionals who need verified federal data to make decisions

Investors & PE Firms

Size markets, validate deal theses, and benchmark targets with verified federal data before committing capital

Consultants & Advisors

Deliver data-backed recommendations to clients with sourced and cited industry metrics — Census, BLS, and FRED

Founders & Operators

Validate market entry, benchmark against industry averages, and present credible data to investors and boards

Corporate Strategy Teams

Support expansion planning, M&A due diligence, and executive reporting with NAICS-classified industry data

Reports

Get the Full Gas Station Profit Per Gallon Report

Dive deeper into gas station profit per gallon with verified data from Census Bureau, BLS, and FRED. Historical trends, geographic breakdowns, and 5-year forecasts included.

Just want the numbers? Data Pack for NAICS 44711, $99 — the federal record on its own, no written analysis. The $99 comes off a report on the same code if you buy one later.
View All Reports
FAQ

Frequently Asked Questions

1How much profit does a gas station make per gallon of gas?

Our calculation from EIA data puts the whole margin between the fuel terminal and the pump at about 55 cents a gallon in 2025, shared between wholesaler, hauler and station. The station's part is above 40 cents gross, according to NACS, and closer to 10 to 15 cents net once the cost of selling the fuel is paid.

2How is the margin on a gallon of gas calculated?

Two ways, which agree. EIA attributes 17.8% of the 2025 average pump price to distribution and marketing, about 55 cents. Separately, the pump price minus Gulf Coast wholesale, minus federal and state fuel taxes, leaves about 56 cents. Both describe the pool shared by everyone between the terminal and the customer.

3Why do gas stations make so little on fuel?

Because the cost of selling a gallon is high and largely fixed per transaction. Card fees scale with the pump price, and labour, maintenance, compliance and tank costs continue whether the site sells fuel or not. Fuel is priced competitively because customers compare it directly, which caps what the site can hold.

4Do gas stations make more money inside the store?

For most operators, yes. Inside sales and foodservice carry the gross profit that fuel margin cannot, which is why fuel is best understood as the traffic generator rather than the product.

5Why did fuel margins go up after 2020?

Federal data shows the pool widening: EIA's distribution and marketing share was above its ten-year average in 2025, and the wholesale-to-pump gap has widened every year since 2021. Card interchange and credit costs rose, retailers widened gross margins to defend a net figure that had not improved, and consolidation reduced the number of price-following independents.

6What is the difference between gross and net fuel margin?

Gross margin is the pump price minus what the station paid for the fuel. Net margin subtracts the cost of selling it: card fees, labour, utilities, maintenance and compliance. A benchmark that does not say which one it is quoting cannot be compared against your own numbers.

Federal data + cited industry sources Federal figures trace to the named dataset; industry figures name their source. The fully verified federal layer is in the full report.
Data Sources

U.S. Census Bureau (CBP, SUSB), Bureau of Labor Statistics (QCEW, OES), Federal Reserve Economic Data (FRED). · Also cited on this page: NACS, EIA. Every metric sourced and cited.

Last Updated

September 11, 2026