Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Marathon Petroleum Corp. Revenue & Financial Statements
Marathon Petroleum Corp. reported revenue of $132.7B for the fiscal year ended December 31, 2025, down 4.4% year over year, with net income of $5.9B and diluted EPS of $13.22.
- Company
- Marathon Petroleum Corp. MPC · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 120.0B | 177.5B | 148.4B | 138.9B | 132.7B |
| Cost of revenue | 110.0B | 151.7B | 128.6B | 126.2B | 119.4B |
| Gross profit | 10.0B | 25.8B | 19.8B | 12.6B | 13.3B |
| Operating income | 4.3B | 21.5B | 14.5B | 6.8B | 8.3B |
| Pretax income | 2.8B | 20.5B | 14.0B | 6.0B | 57.0M |
| Net income | 9.7B | 14.5B | 9.7B | 3.4B | 5.9B |
| Diluted EPS | 15.24 | 28.12 | 23.63 | 10.08 | 13.22 |
| EBITDA | 7.7B | 24.7B | 17.8B | 10.1B | 11.5B |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32.7B | 37.9B | 35.1B | 33.1B | 31.5B | 33.8B | 34.8B | 32.6B |
| Cost of revenue | 29.6B | 33.9B | 32.1B | 30.6B | 29.4B | 30.0B | 31.2B | 28.9B |
| Gross profit | 3.1B | 4.0B | 3.0B | 2.6B | 2.2B | 3.8B | 3.6B | 3.7B |
| Operating income | 1.8B | 2.5B | 1.3B | 1.1B | 687.0M | 2.2B | 2.7B | 2.7B |
| Pretax income | 1.6B | 2.3B | 1.1B | 896.0M | 383.0M | 1.9B | 2.4B | 2.4B |
| Net income | 936.0M | 1.5B | 622.0M | 370.0M | (74.0M) | 1.2B | 1.4B | 2.0B |
| Diluted EPS | 2.58 | 4.33 | 1.87 | 1.25 | -0.24 | 3.96 | 4.51 | 5.07 |
| EBITDA | 2.6B | 3.4B | 2.2B | 2.0B | 1.5B | 3.0B | 3.6B | 3.5B |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 85.4B | 89.9B | 86.0B | 78.9B | 84.0B |
| Current assets | 30.5B | 35.2B | 32.1B | 24.4B | 24.8B |
| Cash & equivalents | 5.3B | 8.6B | 5.4B | 3.2B | 3.7B |
| Total liabilities | 51.8B | 54.8B | 54.6B | 54.4B | 59.9B |
| Current liabilities | 17.9B | 20.0B | 20.1B | 20.8B | 19.7B |
| Long-term debt | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Stockholders’ equity | 26.2B | 27.7B | 24.4B | 17.7B | 17.3B |
| Net debt | — | — | — | — | — |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 4.4B | 16.4B | 14.1B | 8.7B | 8.3B |
| Investing cash flow | 14.8B | 623.0M | (3.1B) | 1.5B | (5.9B) |
| Financing cash flow | (14.4B) | (13.6B) | (14.2B) | (12.4B) | (1.9B) |
| Capital expenditure | 1.5B | 2.4B | 1.9B | 2.5B | 3.5B |
| Free cash flow | 2.9B | 13.9B | 12.2B | 6.1B | 4.8B |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 88.0M | 153.0M | 211.0M | 137.0M | 160.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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