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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 174,800 | 132,699 | 138,864 | 148,379 | 177,453 | 119,983 |
Other Revenue | 599 | 475 | 472 | 969 | 783 | 468 |
| 175,399 | 133,174 | 139,336 | 149,348 | 178,236 | 120,451 | |
Revenue Growth | 31.30% | -4.42% | -6.70% | -16.21% | 47.97% | 72.33% |
Cost of Revenue | 146,981 | 119,446 | 126,240 | 128,566 | 151,671 | 110,008 |
Gross Profit | 28,418 | 13,728 | 13,096 | 20,782 | 26,565 | 10,443 |
Selling, General & Admin | 3,715 | 3,372 | 3,183 | 2,950 | 2,775 | 2,601 |
Other Operating Expenses | 955 | 885 | 818 | 881 | 825 | 721 |
Operating Expenses | 7,981 | 7,508 | 7,338 | 7,138 | 6,815 | 6,686 |
Operating Income | 20,437 | 6,220 | 5,758 | 13,644 | 19,750 | 3,757 |
Interest Expense | -1,547 | -1,389 | -1,308 | -1,265 | -1,195 | -1,267 |
Interest & Investment Income | 251 | 159 | 376 | 530 | 191 | 14 |
Earnings From Equity Investments | 995 | 1,622 | 1,048 | 742 | 655 | 458 |
Other Non Operating Income (Expenses) | -26 | -23 | -36 | -21 | -21 | -34 |
EBT Excluding Unusual Items | 20,110 | 6,589 | 5,838 | 13,630 | 19,380 | 2,928 |
Gain (Loss) on Sale of Investments | - | - | 91 | 142 | 30 | 1 |
Gain (Loss) on Sale of Assets | 167 | 173 | 28 | 217 | 1,061 | 21 |
Legal Settlements | 253 | 253 | - | - | - | - |
Other Unusual Items | - | - | - | - | -2 | -133 |
Pretax Income | 20,530 | 7,015 | 5,957 | 13,989 | 20,469 | 2,817 |
Income Tax Expense | 4,284 | 1,137 | 890 | 2,817 | 4,491 | 264 |
Earnings From Continuing Operations | 16,246 | 5,878 | 5,067 | 11,172 | 15,978 | 2,553 |
Earnings From Discontinued Operations | - | - | - | - | 72 | 8,448 |
Net Income to Company | 16,246 | 5,878 | 5,067 | 11,172 | 16,050 | 11,001 |
Minority Interest in Earnings | -1,615 | -1,831 | -1,622 | -1,491 | -1,534 | -1,263 |
Net Income | 14,631 | 4,047 | 3,445 | 9,681 | 14,516 | 9,738 |
Preferred Dividends & Other Adjustments | 13 | 4 | 3 | 9 | 8 | 2 |
Net Income to Common | 14,618 | 4,043 | 3,442 | 9,672 | 14,508 | 9,736 |
Net Income Growth | 407.75% | 17.46% | -64.41% | -33.33% | 49.01% | - |
Shares Outstanding (Basic) | 290 | 305 | 340 | 407 | 512 | 634 |
Shares Outstanding (Diluted) | 291 | 306 | 341 | 409 | 516 | 638 |
Shares Change | -6.43% | -10.26% | -16.63% | -20.74% | -19.12% | -1.70% |
EPS (Basic) | 50.41 | 13.26 | 10.12 | 23.76 | 28.34 | 15.36 |
EPS (Diluted) | 50.21 | 13.22 | 10.08 | 23.63 | 28.12 | 15.26 |
EPS Growth | 443.18% | 31.15% | -57.34% | -15.97% | 84.25% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 20,842 | 4,767 | 6,132 | 12,227 | 13,941 | 2,896 |
Free Cash Flow Per Share | 71.62 | 15.58 | 17.98 | 29.89 | 27.02 | 4.54 |
Dividend Per Share | 4.100 | 3.820 | 3.470 | 3.150 | 2.660 | 2.320 |
Dividend Growth | 9.92% | 10.09% | 10.16% | 18.42% | 14.66% | 0% |
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% |
Profit Margin | 8.33% | 3.04% | 2.47% | 6.48% | 8.14% | 8.08% |
Free Cash Flow Margin | 11.88% | 3.58% | 4.40% | 8.19% | 7.82% | 2.40% |
EBITDA | 23,748 | 9,471 | 9,095 | 16,951 | 22,965 | 7,121 |
EBITDA Margin | 13.54% | 7.11% | 6.53% | 11.35% | 12.88% | 5.91% |
D&A For EBITDA | 3,311 | 3,251 | 3,337 | 3,307 | 3,215 | 3,364 |
EBIT | 20,437 | 6,220 | 5,758 | 13,644 | 19,750 | 3,757 |
EBIT Margin | 11.65% | 4.67% | 4.13% | 9.14% | 11.08% | 3.12% |
Effective Tax Rate | 20.87% | 16.21% | 14.94% | 20.14% | 21.94% | 9.37% |
Revenue as Reported | 176,814 | 135,222 | 140,412 | 150,307 | 179,952 | 120,930 |