Marathon Petroleum Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	132,699	138,864	148,379	177,453	119,983
Revenue Growth (YoY)	-4.44%	-6.41%	-16.38%	47.90%	71.95%
Cost of Revenue	119,446	126,240	128,566	151,671	110,008
Gross Profit	13,253	12,624	19,813	25,782	9,975
Selling, General & Admin	3,349	3,221	3,039	2,772	2,537
Depreciation & Amortization Expenses	3,251	3,337	3,307	3,215	3,364
Other Operating Expenses	885	818	881	825	721
Operating Income	8,291	6,796	14,514	18,970	3,353
Interest Income	1,622	1,048	742	655	458
Interest Expense	-1,276	-839	-525	-1,000	-1,483
Other Non-Operating Income (Expense)	901	500	1,186	1,844	489
Total Non-Operating Income (Expense)	1,247	709	1,403	1,499	-536
Pretax Income	7,015	5,957	13,989	20,469	2,817
Provision for Income Taxes	1,137	890	2,817	4,491	264
Net Income	4,047	3,445	9,681	14,516	9,738
Minority Interest in Earnings	1,831	1,622	1,491	1,534	1,263
Earnings From Discontinued Operations	-	-	-	72	8,448
Net Income to Common	4,047	3,445	9,681	14,516	9,738
Net Income Growth	17.47%	-64.42%	-33.31%	49.07%	-
Shares Outstanding (Basic)	305	340	407	512	634
Shares Outstanding (Diluted)	306	341	409	516	638
Shares Change (YoY)	-10.26%	-16.63%	-20.74%	-19.12%	-1.70%
EPS (Basic)	13.24	10.11	23.73	28.31	15.34
EPS (Diluted)	13.22	10.08	23.63	28.12	15.24
EPS Growth	31.15%	-57.34%	-15.97%	84.51%	-
Free Cash Flow	4,767	6,132	12,227	30,260	11,280
Free Cash Flow Growth	-22.26%	-49.85%	-59.59%	168.26%	2469.48%
Free Cash Flow Per Share	15.58	17.98	29.89	58.64	17.68
Dividends Per Share	3.820	3.470	3.150	2.660	2.320
Dividend Growth	10.09%	10.16%	18.42%	14.66%	-
Gross Margin	9.99%	9.09%	13.35%	14.53%	8.31%
Operating Margin	6.25%	4.89%	9.78%	10.69%	2.79%
Profit Margin	4.43%	3.65%	7.53%	9.00%	2.13%
FCF Margin	3.59%	4.42%	8.24%	17.05%	9.40%
EBITDA	11,581	10,102	17,743	22,235	6,796
EBITDA Margin	8.73%	7.27%	11.96%	12.53%	5.66%
EBIT	8,291	6,796	14,514	18,970	3,353
EBIT Margin	6.25%	4.89%	9.78%	10.69%	2.79%
Effective Tax Rate	16.21%	14.94%	20.14%	21.94%	9.37%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.