Marathon Petroleum Corporation (VIE:MPC)
148.56
+0.08 (0.05%)
At close: Feb 3, 2026
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 |
Operating Revenue | 132,699 | 138,864 | 148,379 | 177,453 | 119,983 |
Other Revenue | 728 | 472 | 969 | 783 | 468 |
| 133,427 | 139,336 | 149,348 | 178,236 | 120,451 | |
Revenue Growth (YoY) | -4.24% | -6.70% | -16.21% | 47.97% | 72.33% |
Cost of Revenue | 119,446 | 126,240 | 128,566 | 151,671 | 110,008 |
Gross Profit | 13,981 | 13,096 | 20,782 | 26,565 | 10,443 |
Selling, General & Admin | 3,349 | 3,183 | 2,950 | 2,775 | 2,601 |
Other Operating Expenses | 885 | 818 | 881 | 825 | 721 |
Operating Expenses | 7,485 | 7,338 | 7,138 | 6,815 | 6,686 |
Operating Income | 6,496 | 5,758 | 13,644 | 19,750 | 3,757 |
Interest Expense | -1,276 | -1,308 | -1,265 | -1,195 | -1,267 |
Interest & Investment Income | - | 376 | 530 | 191 | 14 |
Earnings From Equity Investments | 1,622 | 1,048 | 742 | 655 | 458 |
Other Non Operating Income (Expenses) | - | -36 | -12 | -21 | -34 |
EBT Excluding Unusual Items | 6,842 | 5,838 | 13,639 | 19,380 | 2,928 |
Gain (Loss) on Sale of Investments | - | 91 | 142 | 30 | 1 |
Gain (Loss) on Sale of Assets | 173 | 28 | 217 | 1,061 | 21 |
Other Unusual Items | - | - | -9 | -2 | -133 |
Pretax Income | 7,015 | 5,957 | 13,989 | 20,469 | 2,817 |
Income Tax Expense | 1,137 | 890 | 2,817 | 4,491 | 264 |
Earnings From Continuing Operations | 5,878 | 5,067 | 11,172 | 15,978 | 2,553 |
Earnings From Discontinued Operations | - | - | - | 72 | 8,448 |
Net Income to Company | 5,878 | 5,067 | 11,172 | 16,050 | 11,001 |
Minority Interest in Earnings | -1,831 | -1,622 | -1,491 | -1,534 | -1,263 |
Net Income | 4,047 | 3,445 | 9,681 | 14,516 | 9,738 |
Preferred Dividends & Other Adjustments | - | 3 | 9 | 8 | 2 |
Net Income to Common | 4,047 | 3,442 | 9,672 | 14,508 | 9,736 |
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) | 13.27 | 10.12 | 23.76 | 28.34 | 15.36 |
EPS (Diluted) | 13.22 | 10.08 | 23.63 | 28.12 | 15.26 |
EPS Growth | 31.15% | -57.34% | -15.97% | 84.25% | - |
Free Cash Flow | - | 6,132 | 12,227 | 13,941 | 2,896 |
Free Cash Flow Per Share | - | 17.98 | 29.89 | 27.02 | 4.54 |
Dividend Per Share | - | 3.470 | 3.150 | 2.660 | 2.320 |
Dividend Growth | - | 10.16% | 18.42% | 14.66% | - |
Gross Margin | 10.48% | 9.40% | 13.91% | 14.90% | 8.67% |
Operating Margin | 4.87% | 4.13% | 9.14% | 11.08% | 3.12% |
Profit Margin | 3.03% | 2.47% | 6.48% | 8.14% | 8.08% |
Free Cash Flow Margin | - | 4.40% | 8.19% | 7.82% | 2.40% |
EBITDA | 9,727 | 9,095 | 16,951 | 22,965 | 7,121 |
EBITDA Margin | 7.29% | 6.53% | 11.35% | 12.88% | 5.91% |
D&A For EBITDA | 3,231 | 3,337 | 3,307 | 3,215 | 3,364 |
EBIT | 6,496 | 5,758 | 13,644 | 19,750 | 3,757 |
EBIT Margin | 4.87% | 4.13% | 9.14% | 11.08% | 3.12% |
Effective Tax Rate | 16.21% | 14.94% | 20.14% | 21.94% | 9.37% |
Revenue as Reported | 135,222 | 140,412 | 150,307 | 179,952 | 120,930 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.