Marathon Petroleum Corporation (MPC)

Marathon Petroleum Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	150,307	179,952	120,930	69,032	111,865
Revenue Growth (YoY)	-16.47%	48.81%	75.18%	-38.29%	29.19%
Cost of Revenue	128,566	151,671	110,008	65,733	99,228
Gross Profit	21,741	28,281	10,922	3,299	12,637
Selling, General & Admin	3,039	2,772	2,537	2,710	3,192
Other Operating Expenses	4,188	4,040	4,085	12,836	4,983
Operating Expenses	7,227	6,812	6,622	15,546	8,175
Operating Income	14,514	21,469	4,300	-12,247	4,462
Interest Expense / Income	525	1,000	1,483	1,365	1,229
Other Expense / Income	1,491	1,462	-7,185	-1,356	-188
Pretax Income	12,498	19,007	10,002	-12,256	3,421
Income Tax	2,817	4,491	264	-2,430	784
Net Income	9,681	14,516	9,738	-9,826	2,637
Net Income Growth	-33.31%	49.07%	-	-	-5.14%
Shares Outstanding (Basic)	407	512	634	649	659
Shares Outstanding (Diluted)	409	516	638	649	664
Shares Change	-20.74%	-19.12%	-1.69%	-2.26%	26.24%
EPS (Basic)	23.73	28.31	15.34	-15.13	4.00
EPS (Diluted)	23.63	28.12	15.24	-15.13	3.97
EPS Growth	-15.97%	84.51%	-	-	-24.81%
Free Cash Flow	12,263	14,031	3,049	-218	4,678
Free Cash Flow Per Share	30.13	27.40	4.81	-0.34	7.10
Dividend Per Share	3.075	2.490	2.320	2.320	2.120
Dividend Growth	23.49%	7.33%	0%	9.43%	15.22%
Gross Margin	14.46%	15.72%	9.03%	4.78%	11.30%
Operating Margin	9.66%	11.93%	3.56%	-17.74%	3.99%
Profit Margin	6.44%	8.07%	8.05%	-14.23%	2.36%
Free Cash Flow Margin	8.16%	7.80%	2.52%	-0.32%	4.18%
Effective Tax Rate	22.54%	23.63%	2.64%	-	22.92%
EBITDA	16,330	23,222	14,849	-7,516	7,875
EBITDA Margin	10.86%	12.90%	12.28%	-10.89%	7.04%
Depreciation & Amortization	3,307	3,215	3,364	3,375	3,225
EBIT	13,023	20,007	11,485	-10,891	4,650
EBIT Margin	8.66%	11.12%	9.50%	-15.78%	4.16%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).