Marathon Petroleum Corporation (MPC)

NYSE: MPC · Real-Time Price · USD

Compare

176.19

+0.45 (0.26%)

At close: Jan 30, 2026, 4:00 PM EST

177.01

+0.82 (0.47%)

After-hours: Jan 30, 2026, 7:57 PM EST

Marathon Petroleum Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	133,262	138,864	148,379	177,453	119,983	69,779
Other Revenue	319	472	969	783	468	117
Revenue	133,581	139,336	149,348	178,236	120,451	69,896
Revenue Growth (YoY)	-6.37%	-6.70%	-16.21%	47.97%	72.33%	-37.19%
Cost of Revenue	121,143	126,240	128,566	151,671	110,008	65,733
Gross Profit	12,438	13,096	20,782	26,565	10,443	4,163
Selling, General & Admin	3,326	3,183	2,950	2,775	2,601	2,721
Other Operating Expenses	819	818	881	825	721	667
Operating Expenses	7,394	7,338	7,138	6,815	6,686	6,763
Operating Income	5,044	5,758	13,644	19,750	3,757	-2,600
Interest Expense	-1,326	-1,308	-1,265	-1,195	-1,267	-1,333
Interest & Investment Income	186	376	530	191	14	9
Earnings From Equity Investments	1,670	1,048	742	655	458	-935
Other Non Operating Income (Expenses)	-30	-36	-12	-21	-34	-39
EBT Excluding Unusual Items	5,544	5,838	13,639	19,380	2,928	-4,898
Merger & Restructuring Charges	-	-	-	-	-	-367
Impairment of Goodwill	-	-	-	-	-	-7,394
Gain (Loss) on Sale of Investments	1	91	142	30	1	-
Gain (Loss) on Sale of Assets	15	28	217	1,061	21	70
Asset Writedown	-	-	-	-	-	-1,032
Other Unusual Items	-	-	-9	-2	-133	9
Pretax Income	5,560	5,957	13,989	20,469	2,817	-13,612
Income Tax Expense	876	890	2,817	4,491	264	-2,430
Earnings From Continuing Operations	4,684	5,067	11,172	15,978	2,553	-11,182
Earnings From Discontinued Operations	-	-	-	72	8,448	1,205
Net Income to Company	4,684	5,067	11,172	16,050	11,001	-9,977
Minority Interest in Earnings	-1,801	-1,622	-1,491	-1,534	-1,263	151
Net Income	2,883	3,445	9,681	14,516	9,738	-9,826
Preferred Dividends & Other Adjustments	4	3	9	8	2	1
Net Income to Common	2,879	3,442	9,672	14,508	9,736	-9,827
Net Income Growth	-36.29%	-64.42%	-33.31%	49.07%	-	-
Shares Outstanding (Basic)	310	340	407	512	634	649
Shares Outstanding (Diluted)	311	341	409	516	638	649
Shares Change (YoY)	-12.39%	-16.63%	-20.74%	-19.12%	-1.70%	-2.26%
EPS (Basic)	9.29	10.12	23.76	28.34	15.36	-15.14
EPS (Diluted)	9.24	10.08	23.63	28.12	15.26	-15.14
EPS Growth	-27.37%	-57.34%	-15.97%	84.25%	-	-
Free Cash Flow	4,276	6,132	12,227	13,941	2,896	-368
Free Cash Flow Per Share	13.75	17.98	29.89	27.02	4.54	-0.57
Dividend Per Share	3.730	3.470	3.150	2.660	2.320	2.320
Dividend Growth	10.19%	10.16%	18.42%	14.66%	-	6.91%
Gross Margin	9.31%	9.40%	13.91%	14.90%	8.67%	5.96%
Operating Margin	3.78%	4.13%	9.14%	11.08%	3.12%	-3.72%
Profit Margin	2.15%	2.47%	6.48%	8.14%	8.08%	-14.06%
Free Cash Flow Margin	3.20%	4.40%	8.19%	7.82%	2.40%	-0.53%
EBITDA	8,293	9,095	16,951	22,965	7,121	775
EBITDA Margin	6.21%	6.53%	11.35%	12.88%	5.91%	1.11%
D&A For EBITDA	3,249	3,337	3,307	3,215	3,364	3,375
EBIT	5,044	5,758	13,644	19,750	3,757	-2,600
EBIT Margin	3.78%	4.13%	9.14%	11.08%	3.12%	-3.72%
Effective Tax Rate	15.75%	14.94%	20.14%	21.94%	9.37%	-
Revenue as Reported	135,266	140,412	150,307	179,952	120,930	69,032

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q