Marathon Petroleum Corporation (MPC)
NYSE: MPC · Real-Time Price · USD
354.88
-7.64 (-2.11%)
Aug 25, 2026, 4:00 PM EDT - Market closed

Marathon Petroleum Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
154,146133,174139,336149,348178,236120,451
Revenue Growth
15.15%-4.42%-6.70%-16.21%47.97%72.33%
Gross Profit
19,76013,72813,09620,78226,56510,443
Operating Income
12,0816,2205,75813,64419,7503,757
Net Income
8,5464,0433,4429,67214,5089,736
Earnings Per Share
28.7513.2210.0823.6328.1215.26
EPS Growth
329.54%31.15%-57.34%-15.97%84.25%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Refining & Marketing
144,622124,312131,763141,974171,596115,494
Midstream
11,74311,53410,99410,50810,5909,619
Renewable Diesel
3,4032,8302,1041,664752-
Revenue (Total)
153,577132,699138,864148,379177,453119,983

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
7,7683,6723,21010,22411,77010,839
Total Debt
34,29234,35828,75828,50127,90926,904
Net Cash (Debt)
-26,524-30,686-25,548-18,277-16,139-16,065
Net Cash Growth
------
Net Cash Per Share
-89.31-100.28-74.92-44.69-31.28-25.18

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
17,1268,2538,66514,11716,3614,360
Capital Expenditures
-4,227-3,486-2,533-1,890-2,420-1,464
Free Cash Flow
12,8994,7676,13212,22713,9412,896
Free Cash Flow Growth
253.69%-22.26%-49.85%-12.29%381.39%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
12.82%10.31%9.40%13.91%14.90%8.67%
Operating Margin
7.84%4.67%4.13%9.14%11.08%3.12%
Pretax Margin
8.28%5.27%4.28%9.37%11.48%2.34%
Profit Margin
5.54%3.04%2.47%6.48%8.14%8.08%
FCF Margin
8.37%3.58%4.40%8.19%7.82%2.40%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.0003.8203.4703.1502.6602.320
Dividend Per Share Growth
9.89%10.09%10.16%18.42%14.66%0%
Dividend Yield
1.13%2.38%2.57%2.24%2.47%4.02%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.3412.0913.035.823.764.05
Forward PE
7.5310.4317.079.766.7516.74
P/FCF Ratio
7.7310.267.314.613.9113.60
PS Ratio
0.650.370.320.380.310.33