Marathon Petroleum Corp (MPC)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue34,809,000,000$33,799,000,000$31,517,000,000$33,137,000,000$35,107,000,000$37,914,000,000$32,706,000,000$36,255,000,000$40,917,000,000$36,343,000,000$34,864,000,000$39,813,000,000$45,787,000,000$53,795,000,000$38,058,000,000$35,336,000,000$32,321,000,000$29,615,000,000$22,711,000,000$17,972,000,000$17,408,000,000$12,195,000,000$22,204,000,000$31,092,000,000$31,043,000,000$33,547,000,000$28,267,000,000$32,333,000,000$22,988,000,000$22,317,000,000$18,866,000,000$21,513,000,000$19,210,000,000$18,180,000,000$16,288,000,000$17,155,000,000$16,618,000,000$16,811,000,000$12,755,000,000$15,607,000,000$18,716,000,000$20,537,000,000$17,191,000,000$22,250,000,000$25,438,000,000$26,844,000,000$23,285,000,000$24,897,000,000$
QoQ%2.99%7.24%(4.89%)(5.61%)(7.40%)15.92%(9.79%)(11.39%)12.59%4.24%(12.43%)(13.05%)(14.89%)41.35%7.70%9.33%9.14%30.40%26.37%3.24%42.75%(45.08%)(28.59%).16%(7.46%)18.68%(12.58%)40.65%3.01%18.29%(10.40%)11.99%5.67%11.62%(5.05%)3.23%(1.15%)31.80%(18.27%)(16.61%)(8.87%)19.46%(22.74%)(12.53%)(5.24%)15.29%(6.48%)(5.18%)
YoY%(.85%)(10.85%)(3.64%)(8.60%)(14.20%)4.32%(6.19%)(8.94%)(10.64%)(32.44%)(8.39%)12.67%41.66%81.65%67.58%96.62%85.67%142.85%2.28%(42.20%)(43.92%)(63.65%)(21.45%)(3.84%)35.04%50.32%49.83%53.56%19.67%22.76%15.83%25.40%15.60%8.14%27.70%9.92%(11.21%)(18.14%)(25.80%)(29.86%)(26.43%)(23.50%)(26.17%)(10.63%)(3.12%)4.55%(.19%)20.36%
Cost Of Revenue31,200,000,000$30,025,000,000$29,360,000,000$30,558,000,000$32,144,000,000$33,945,000,000$29,593,000,000$32,582,000,000$34,928,000,000$31,762,000,000$29,294,000,000$33,575,000,000$38,821,000,000$44,207,000,000$35,068,000,000$32,184,000,000$29,563,000,000$27,177,000,000$21,084,000,000$17,216,000,000$16,673,000,000$11,502,000,000$20,342,000,000$24,602,000,000$24,345,000,000$29,682,000,000$25,960,000,000$19,275,000,000$20,606,000,000$19,655,000,000$17,370,000,000$19,425,000,000$16,617,000,000$16,101,000,000$1,813,000,000$1,873,000,000$1,914,000,000$1,893,000,000$1,841,000,000$1,933,000,000$1,988,000,000$1,939,000,000$1,832,000,000$1,949,000,000$1,622,000,000$1,599,000,000$1,515,000,000$1,578,000,000$
Gross Profit3,609,000,000$3,774,000,000$2,157,000,000$2,579,000,000$2,963,000,000$3,969,000,000$3,113,000,000$3,673,000,000$5,989,000,000$4,581,000,000$5,570,000,000$6,238,000,000$6,966,000,000$9,588,000,000$2,990,000,000$3,152,000,000$2,758,000,000$2,438,000,000$1,627,000,000$756,000,000$735,000,000$693,000,000$1,862,000,000$6,490,000,000$6,698,000,000$3,865,000,000$2,307,000,000$13,058,000,000$2,382,000,000$2,662,000,000$1,496,000,000$2,088,000,000$2,593,000,000$2,079,000,000$14,475,000,000$15,282,000,000$14,704,000,000$14,918,000,000$10,914,000,000$13,674,000,000$16,728,000,000$18,598,000,000$15,359,000,000$20,301,000,000$23,816,000,000$25,245,000,000$21,770,000,000$23,319,000,000$
Gross Margin10.37%11.17%6.84%7.78%8.44%10.47%9.52%10.13%14.64%12.61%15.98%15.67%15.21%17.82%7.86%8.92%8.53%8.23%7.16%4.21%4.22%5.68%8.39%20.87%21.58%11.52%8.16%40.39%10.36%11.93%7.93%9.71%13.50%11.44%88.87%89.08%88.48%88.74%85.57%87.62%89.38%90.56%89.34%91.24%93.62%94.04%93.49%93.66%
Operating Expenses896,000,000$1,577,000,000$1,470,000,000$1,438,000,000$1,614,000,000$1,447,000,000$1,329,000,000$1,278,000,000$1,236,000,000$1,276,000,000$1,509,000,000$1,499,000,000$280,000,000$1,260,000,000$1,274,000,000$1,374,000,000$1,418,000,000$1,473,000,000$1,410,000,000$366,000,000$1,792,000,000$118,000,000$14,017,000,000$5,932,000,000$5,018,000,000$2,167,000,000$1,781,000,000$11,041,000,000$979,000,000$951,000,000$1,056,000,000$920,000,000$1,016,000,000$1,097,000,000$14,184,000,000$14,729,000,000$14,269,000,000$13,603,000,000$10,839,000,000$13,336,000,000$15,179,000,000$17,263,000,000$13,889,000,000$19,042,000,000$22,754,000,000$23,876,000,000$21,409,000,000$22,311,000,000$
Operating Income2,713,000,000$2,197,000,000$687,000,000$1,141,000,000$1,349,000,000$2,522,000,000$1,784,000,000$2,395,000,000$4,753,000,000$3,305,000,000$4,061,000,000$4,739,000,000$6,686,000,000$8,328,000,000$1,716,000,000$1,778,000,000$1,340,000,000$965,000,000$217,000,000$390,000,000$(1,057,000,000$)575,000,000$(12,155,000,000$)558,000,000$1,680,000,000$1,698,000,000$526,000,000$2,017,000,000$1,403,000,000$1,711,000,000$440,000,000$1,168,000,000$1,577,000,000$982,000,000$291,000,000$553,000,000$435,000,000$1,315,000,000$75,000,000$338,000,000$1,549,000,000$1,335,000,000$1,470,000,000$1,259,000,000$1,062,000,000$1,369,000,000$361,000,000$1,008,000,000$
Operating Margin7.79%6.50%2.18%3.44%3.84%6.65%5.46%6.61%11.62%9.09%11.65%11.90%14.60%15.48%4.51%5.03%4.15%3.26%.96%2.17%(6.07%)4.72%(54.74%)1.80%5.41%5.06%1.86%6.24%6.10%7.67%2.33%5.43%8.21%5.40%1.79%3.22%2.62%7.82%.59%2.17%8.28%6.50%8.55%5.66%4.18%5.10%1.55%4.05%
Interest Income41,000,000$31,000,000$46,000,000$68,000,000$102,000,000$105,000,000$101,000,000$149,000,000$141,000,000$119,000,000$121,000,000$109,000,000$59,000,000$18,000,000$5,000,000$6,000,000$5,000,000$2,000,000$1,000,000$0$1,000,000$2,000,000$6,000,000$10,000,000$12,000,000$9,000,000$9,000,000$16,000,000$26,000,000$25,000,000$20,000,000$11,000,000$7,000,000$4,000,000$5,000,000$1,000,000$3,000,000$1,000,000$1,000,000$1,000,000$2,000,000$2,000,000$1,000,000$2,000,000$2,000,000$1,000,000$2,000,000$2,000,000$
Interest Expenses47,000,000$41,000,000$41,000,000$33,000,000$
Income Before Tax2,403,000,000$1,878,000,000$383,000,000$896,000,000$1,128,000,000$2,328,000,000$1,605,000,000$2,284,000,000$4,635,000,000$3,163,000,000$3,907,000,000$4,553,000,000$6,446,000,000$8,016,000,000$1,454,000,000$1,348,000,000$1,012,000,000$593,000,000$(136,000,000$)57,000,000$(1,416,000,000$)234,000,000$(12,487,000,000$)261,000,000$1,368,000,000$1,720,000,000$363,000,000$761,000,000$1,163,000,000$1,516,000,000$257,000,000$959,000,000$1,419,000,000$824,000,000$142,000,000$417,000,000$294,000,000$1,178,000,000$(67,000,000$)235,000,000$1,479,000,000$1,271,000,000$1,389,000,000$1,187,000,000$1,012,000,000$1,321,000,000$315,000,000$969,000,000$
Tax Expenses460,000,000$268,000,000$37,000,000$111,000,000$113,000,000$373,000,000$293,000,000$407,000,000$1,004,000,000$583,000,000$823,000,000$984,000,000$1,426,000,000$1,799,000,000$282,000,000$243,000,000$(18,000,000$)5,000,000$34,000,000$(193,000,000$)(436,000,000$)150,000,000$(1,951,000,000$)184,000,000$255,000,000$353,000,000$104,000,000$239,000,000$222,000,000$281,000,000$22,000,000$(1,166,000,000$)415,000,000$250,000,000$41,000,000$128,000,000$75,000,000$395,000,000$11,000,000$67,000,000$521,000,000$432,000,000$486,000,000$382,000,000$333,000,000$457,000,000$108,000,000$338,000,000$
Net Income1,943,000,000$1,610,000,000$346,000,000$785,000,000$1,015,000,000$1,955,000,000$1,312,000,000$1,877,000,000$3,631,000,000$2,580,000,000$3,084,000,000$3,641,000,000$5,020,000,000$6,217,000,000$1,172,000,000$1,105,000,000$1,030,000,000$8,802,000,000$64,000,000$574,000,000$(609,000,000$)276,000,000$(10,218,000,000$)262,000,000$1,367,000,000$1,367,000,000$259,000,000$1,195,000,000$941,000,000$1,235,000,000$235,000,000$2,125,000,000$1,004,000,000$574,000,000$101,000,000$289,000,000$219,000,000$783,000,000$(78,000,000$)168,000,000$958,000,000$839,000,000$903,000,000$805,000,000$679,000,000$864,000,000$207,000,000$631,000,000$
Profit Margin5.58%4.76%1.10%2.37%2.89%5.16%4.01%5.18%8.87%7.10%8.85%9.15%10.96%11.56%3.08%3.13%3.19%29.72%.28%3.19%(3.50%)2.26%(46.02%).84%4.40%4.08%.92%3.70%4.09%5.53%1.25%9.88%5.23%3.16%.62%1.69%1.32%4.66%(.61%)1.08%5.12%4.09%5.25%3.62%2.67%3.22%.89%2.53%
TTM3.52%2.81%2.98%3.65%4.34%5.94%6.43%7.53%8.51%9.14%10.31%9.05%7.81%5.97%8.95%9.17%10.20%10.07%.43%(14.30%)(12.41%)(8.61%)(6.13%)2.63%3.35%3.21%3.43%3.74%5.32%5.65%5.09%5.06%2.78%1.73%2.08%1.92%1.77%2.87%2.79%3.98%4.45%3.78%3.54%2.61%2.37%1.85%1.61%2.13%
Earnings to Minority575,000,000$395,000,000$420,000,000$415,000,000$393,000,000$441,000,000$376,000,000$428,000,000$353,000,000$355,000,000$364,000,000$322,000,000$545,000,000$347,000,000$327,000,000$332,000,000$336,000,000$290,000,000$306,000,000$290,000,000$277,000,000$267,000,000$(984,000,000$)(181,000,000$)272,000,000$261,000,000$266,000,000$244,000,000$204,000,000$181,000,000$198,000,000$110,000,000$101,000,000$91,000,000$71,000,000$62,000,000$74,000,000$(17,000,000$)(79,000,000$)(19,000,000$)10,000,000$13,000,000$12,000,000$7,000,000$7,000,000$9,000,000$8,000,000$5,000,000$
Earnings to Common Shareholders1,368,000,000$1,215,000,000$(74,000,000$)370,000,000$622,000,000$1,514,000,000$936,000,000$1,449,000,000$3,278,000,000$2,225,000,000$2,720,000,000$3,319,000,000$4,475,000,000$5,870,000,000$845,000,000$773,000,000$694,000,000$8,512,000,000$(242,000,000$)284,000,000$(886,000,000$)9,000,000$(9,234,000,000$)443,000,000$1,095,000,000$1,106,000,000$(7,000,000$)951,000,000$737,000,000$1,054,000,000$37,000,000$2,015,000,000$903,000,000$483,000,000$30,000,000$227,000,000$145,000,000$800,000,000$1,000,000$186,000,000$947,000,000$825,000,000$890,000,000$797,000,000$671,000,000$854,000,000$199,000,000$624,000,000$
QoQ%12.59%1,741.89%(120.00%)(40.51%)(58.92%)61.75%(35.40%)(55.80%)47.33%(18.20%)(18.05%)(25.83%)(23.77%)594.68%9.31%11.38%(91.85%)3,617.36%(185.21%)132.05%(9,944.44%)100.10%(2,184.42%)(59.54%)(1.00%)15,900.00%(100.74%)29.04%(30.08%)2,748.65%(98.16%)123.15%86.96%1,510.00%(86.78%)56.55%(81.88%)79,900.00%(99.46%)(80.36%)14.79%(7.30%)11.67%18.78%(21.43%)329.15%(68.11%)271.43%
YoY%119.94%(19.75%)(107.91%)(74.47%)(81.03%)(31.96%)(65.59%)(56.34%)(26.75%)(62.10%)221.89%329.37%544.81%(31.04%)449.17%172.18%178.33%94,477.78%97.38%(35.89%)(180.91%)(99.19%)(131,814.29%)(53.42%)48.58%4.93%(118.92%)(52.80%)(18.38%)118.22%23.33%787.67%522.76%(39.63%)2,900.00%22.04%(84.69%)(3.03%)(99.89%)(76.66%)41.13%(3.40%)347.24%27.72%299.41%44.26%(72.51%)(17.24%)
Earnings Per Share, Basic4.51$3.96$(0.24$)1.16$1.88$4.34$2.59$3.88$8.32$5.34$6.13$7.20$9.11$11.03$1.50$1.28$1.10$13.10$(0.37$)0.44$(1.36$)0.01$(14.25$)0.69$1.67$1.67$(0.01$)1.39$1.63$2.30$0.08$4.15$1.79$0.94$0.06$0.43$0.28$1.52$0.00$0.35$1.77$1.52$1.63$0.94$1.19$1.49$0.68$0.40$
Earnings Per Share, Diluted4.50$3.96$(0.24$)1.16$1.87$4.33$2.59$3.87$8.28$5.31$6.09$7.12$9.06$10.95$1.49$1.27$1.09$13.02$(0.37$)0.44$(1.36$)0.01$(14.25$)0.67$1.66$1.66$(0.01$)1.35$1.62$2.27$0.08$4.09$1.78$0.93$0.06$0.43$0.27$1.51$0.00$0.35$1.76$1.52$1.62$0.93$1.18$1.48$0.67$0.40$
Unlevered FCF Per Share, Basic5.49$6.33$(2.32$)4.38$3.12$7.89$2.62$1.58$11.51$8.40$8.11$7.93$3.69$12.13$3.58$5.30$(2.41$)1.66$0.23$1.34$1.39$(0.32$)(2.65$)1.64$2.66$2.18$0.57$2.72$0.74$3.65$(1.87$)3.99$2.47$0.39$0.95$0.51$(0.59$)2.99$(0.78$)0.19$1.04$1.14$1.47$(0.17$)1.23$1.00$1.70$0.57$
Unlevered FCF Per Share, Diluted5.47$6.33$(2.32$)4.37$3.11$7.87$2.62$1.58$11.45$8.36$8.05$7.85$3.67$12.04$3.55$5.23$(2.39$)1.65$0.23$1.34$1.39$(0.32$)(2.65$)1.61$2.64$2.17$0.57$2.65$0.73$3.61$(1.86$)3.94$2.45$0.38$0.94$0.51$(0.59$)2.98$(0.78$)0.18$1.03$1.14$1.46$(0.16$)1.22$1.00$1.69$0.56$
Average Shares, Basic303,000,000307,000,000313,000,000319,000,000331,000,000349,000,000361,000,000373,000,000394,000,000417,000,000444,000,000461,000,000491,000,000532,000,000564,000,000602,000,000633,000,000650,000,000651,000,000648,000,000650,000,000650,000,000648,000,000645,000,000656,000,000662,000,000673,000,000686,000,000451,000,000459,000,000476,000,000486,000,000504,000,000513,000,000525,000,000528,000,000527,000,000528,000,000529,000,000531,000,000535,000,000541,000,000545,000,000848,000,000565,000,000574,000,000293,000,0001,558,000,000
Average Shares, Diluted304,000,000307,000,000313,000,000320,000,000332,000,000350,000,000362,000,000374,000,000396,000,000419,000,000447,000,000466,000,000494,000,000536,000,000568,000,000610,000,000637,000,000654,000,000651,000,000648,000,000650,000,000650,000,000648,000,000657,000,000660,000,000666,000,000673,000,000704,000,000456,000,000464,000,000480,000,000493,000,000508,000,000517,000,000530,000,000528,000,000530,000,000531,000,000531,000,000537,000,000538,000,000544,000,000549,000,000854,000,000569,000,000578,000,000295,000,0001,568,000,000
EBIT2,403,000,000$1,878,000,000$383,000,000$896,000,000$1,128,000,000$2,328,000,000$1,605,000,000$2,284,000,000$4,635,000,000$3,163,000,000$3,907,000,000$4,553,000,000$6,446,000,000$8,016,000,000$1,454,000,000$1,348,000,000$1,012,000,000$593,000,000$(136,000,000$)57,000,000$(1,416,000,000$)234,000,000$(12,487,000,000$)261,000,000$1,368,000,000$1,720,000,000$363,000,000$761,000,000$1,163,000,000$1,516,000,000$257,000,000$959,000,000$1,419,000,000$824,000,000$142,000,000$417,000,000$294,000,000$1,178,000,000$(67,000,000$)235,000,000$1,479,000,000$1,271,000,000$1,389,000,000$1,187,000,000$1,059,000,000$1,362,000,000$356,000,000$1,002,000,000$
EBITDA3,244,000,000$2,667,000,000$1,176,000,000$1,722,000,000$1,974,000,000$3,166,000,000$2,432,000,000$3,112,000,000$5,480,000,000$3,997,000,000$4,707,000,000$5,350,000,000$7,240,000,000$8,835,000,000$2,259,000,000$2,161,000,000$1,848,000,000$1,464,000,000$708,000,000$906,000,000$(586,000,000$)1,067,000,000$(11,624,000,000$)1,111,000,000$2,129,000,000$2,606,000,000$1,282,000,000$1,315,000,000$1,718,000,000$2,049,000,000$785,000,000$1,499,000,000$1,936,000,000$1,345,000,000$678,000,000$921,000,000$801,000,000$1,678,000,000$423,000,000$648,000,000$1,843,000,000$1,633,000,000$1,752,000,000$1,546,000,000$1,381,000,000$1,687,000,000$676,000,000$1,334,000,000$