Marathon Petroleum Corporation (MPC)
NYSE: MPC · Real-Time Price · USD
414.65
+1.80 (0.44%)
At close: Nov 13, 2026, 4:00 PM EST
417.91
+3.26 (0.79%)
After-hours: Nov 13, 2026, 7:57 PM EST

Marathon Petroleum Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
175,399133,174139,336149,348178,236120,451
Revenue Growth
31.30%-4.42%-6.70%-16.21%47.97%72.33%
Gross Profit
28,41813,72813,09620,78226,56510,443
Operating Income
20,4376,2205,75813,64419,7503,757
Net Income
14,6184,0433,4429,67214,5089,736
Earnings Per Share
50.2113.2210.0823.6328.1215.26
EPS Growth
443.18%31.15%-57.34%-15.97%84.25%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Refining & Marketing
165,069124,312131,763141,974171,596115,494
Midstream
12,10811,53410,99410,50810,5909,619
Renewable Diesel
4,0552,8302,1041,664752-
Revenue (Total)
174,800132,699138,864148,379177,453119,983

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
13,6093,6723,21010,22411,77010,839
Total Debt
34,45434,35828,75828,50127,90926,904
Net Cash (Debt)
-20,845-30,686-25,548-18,277-16,139-16,065
Net Cash Growth
------
Net Cash Per Share
-71.63-100.28-74.92-44.69-31.28-25.18

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
25,2498,2538,66514,11716,3614,360
Capital Expenditures
-4,407-3,486-2,533-1,890-2,420-1,464
Free Cash Flow
20,8424,7676,13212,22713,9412,896
Free Cash Flow Growth
387.42%-22.26%-49.85%-12.29%381.39%-

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
16.20%10.31%9.40%13.91%14.90%8.67%
Operating Margin
11.65%4.67%4.13%9.14%11.08%3.12%
Pretax Margin
11.70%5.27%4.28%9.37%11.48%2.34%
Profit Margin
8.33%3.04%2.47%6.48%8.14%8.08%
FCF Margin
11.88%3.58%4.40%8.19%7.82%2.40%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.4003.8203.4703.1502.6602.320
Dividend Per Share Growth
9.92%10.09%10.16%18.42%14.66%0%
Dividend Yield
1.06%2.31%2.45%2.06%2.21%3.41%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.2612.0913.035.823.764.05
Forward PE
5.7010.4317.079.766.7516.74
P/FCF Ratio
5.4210.267.314.613.9113.60
PS Ratio
0.640.370.320.380.310.33