Marathon Petroleum (MPC) financial statements

+191.5%since 2009
FY2025 revenue
$132.7B▼ −4.4%
FY2025 net income
$4.0B▲ +17.5%
FY2025 diluted EPS
$13.22▲ +31.2%
FY2025 free cash flow
$4.8B▼ −22.3%

Marathon Petroleum income statement

Marathon Petroleum income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue132,699138,864148,379
Operating income8,2916,79614,514
Pretax income7,0155,95713,989
Net income4,0473,4459,681
Diluted earnings per share13.2210.0823.63

Marathon Petroleum balance sheet

Marathon Petroleum balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents3,6723,2115,446
Total assets83,95578,85885,987
Total liabilities59,86954,35254,588
Total equity24,08624,30330,504
Long-term debt30,50524,43225,329

Marathon Petroleum cash flow statement

Marathon Petroleum cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow8,2538,66514,117
Capital expenditure-3,486-2,533-1,890
Free cash flow (derived)4,7676,13212,227
Dividends paid-1,140-1,154-1,261
Share repurchases-3,488-9,189-11,572

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)56,03251,99434,20032,574
Operating income (derived)10,4507,3221,4042,694
Net income (derived)7,4475,1385111,535
Diluted earnings per share26.5917.731.73n/a
Operating cash flow (derived)10,73210,3271,1213,069
Total assets102,51494,31088,18783,955

Marathon Petroleum major shareholders

Marathon Petroleum major shareholders
HolderShare of classSharesFiled
BlackRock, Inc.7.9%22,115,48827 October 2026
Vanguard Capital Management7.5%22,147,56730 April 2026
Vanguard Portfolio Management5.4%15,765,26629 April 2026

Marathon Petroleum 10-K and SEC filings

Marathon Petroleum 10-K and SEC filings
FiledFormTypeDescription
3 November 202610-QQuarterly reportQuarterly report
3 November 20268-KCurrent reportCurrent report
29 October 20268-KCurrent reportCurrent report
4 August 202610-QQuarterly reportQuarterly report
4 August 20268-KCurrent reportCurrent report
29 June 20268-KCurrent reportCurrent report
5 May 202610-QQuarterly reportQuarterly report
5 May 20268-KCurrent reportCurrent report

Common questions

What was Marathon Petroleum's revenue in fiscal 2025?

Marathon Petroleum reported $132.7 billion in revenue for fiscal 2025, the year ended 31 December 2025, down 4.4% from fiscal 2024.

What was Marathon Petroleum's net income in fiscal 2025?

Marathon Petroleum reported net income of $4.0 billion for fiscal 2025, the year ended 31 December 2025, up 17.5% from fiscal 2024. Diluted earnings per share were $13.22.

What was Marathon Petroleum's free cash flow in fiscal 2025?

Marathon Petroleum had $4.8 billion in free cash flow in fiscal 2025. Operating cash flow was $8.3 billion and capital expenditure was $3.5 billion.

What were Marathon Petroleum's total assets at the end of fiscal 2025?

Marathon Petroleum reported total assets of $84.0 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Marathon Petroleum history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.