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Marathon Petroleum Corporation(MPC)Earnings, Financials & Key Ratios
MPC•NYSE
18.3× P/E·Price updated Jun 19, 2026
AboutMarathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. As of December 31, 2021, the company operated 7,159 brand jobber outlets in 37 states, the District of Columbia, and Mexico through independent entrepreneurs. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.Show more
- Revenue$132.7B-4.4%
- EBITDA$9.02B+5.1%
- Net Income$4.05B+17.5%
- EPS (Diluted)13.27+31.5%
- Gross Margin7.54%+12.7%
- EBITDA Margin6.8%+9.9%
- Operating Margin4.35%+15.0%
- Net Margin3.05%+22.9%
- ROE16.66%+35.2%
MPC Key Insights
Marathon Petroleum Corporation (MPC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 13.7%
- ✓Good 3Y average ROE of 19.4%
- ✓Share count reduced 10.6% through buybacks
- ✓Efficient asset utilization: 1.6x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MPC Price & Volume
Marathon Petroleum Corporation (MPC) stock price & volume — 10-year historical chart
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MPC Growth Metrics
Marathon Petroleum Corporation (MPC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.3%
5 Years13.72%
3 Years-9.23%
TTM-1.4%
Profit CAGR
10 Years3.56%
5 Years-
3 Years-34.67%
TTM90.3%
EPS CAGR
10 Years9.71%
5 Years-
3 Years-22.15%
TTM115.31%
Return on Capital
10 Years8.45%
5 Years14.05%
3 Years12.11%
Last Year9.31%
MPC Recent Earnings
Marathon Petroleum Corporation (MPC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$1.65+123.3%
$0.74
Rev
$34.6B+3.4%
$33.4B
Q1 2026
Feb 3, 2026Metric
Actual
Est
EPS
$4.07+49.6%
$2.72
Rev
$33.4B+7.5%
$31.1B
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$3.01-4.4%
$3.15
Rev
$34.8B+4.1%
$33.5B
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$3.96+22.2%
$3.24
Rev
$33.8B+1.4%
$33.3B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.65vs $0.74+123.3% | $34.6Bvs $33.4B+3.4% |
| Q1 2026 | Feb 3, 2026 | $4.07vs $2.72+49.6% | $33.4Bvs $31.1B+7.5% |
| Q4 2025 | Nov 4, 2025 | $3.01vs $3.15-4.4% | $34.8Bvs $33.5B+4.1% |
| Q3 2025 | Aug 5, 2025 | $3.96vs $3.24+22.2% | $33.8Bvs $33.3B+1.4% |
Based on last 12 quarters of dataView full earnings history →
MPC Peer Comparison
Marathon Petroleum Corporation (MPC) competitors in Petroleum Refining and Marketing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 VLO | 70.66B | 236.30 | 31.22 | -5.54% | 3.33% | 15.69% | 0.44 | |
 PSX | 66.61B | 166.14 | 15.40 | -7.64% | 3.04% | 14.14% | 0.76 | |
 PBF | 4.38B | 37.29 | -26.83 | -11.42% | -0.54% | -2.98% | 0.53 | |
 DK | 2.54B | 41.47 | -109.13 | -9.53% | -0.48% | -12.94% | 6.13 | |
 MPLX | 57.7B | 56.84 | 11.79 | 8.37% | 37.54% | 32.81% | 1.80 | |
 ET | 64.51B | 18.75 | 13.89 | -0.05% | 6.21% | 11.56% | 1.45 | |
 PAA | 15.06B | 21.34 | 12.86 | -11.61% | 2.54% | 8.84% | 0.86 | |
 TRGP | 55.5B | 258.58 | 30.35 | 3.06% | 12.98% | 70.77% | 5.49 |
Compare MPC vs Peers
Marathon Petroleum Corporation (MPC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MPC Income Statement
Marathon Petroleum Corporation (MPC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 74.73B | 86.09B | 111.15B | 69.78B | 119.98B | 177.45B | 148.38B | 138.86B | 132.7B | 135.75B |
Revenue Growth % | 17.99% | 15.19% | 29.11% | -37.22% | 71.95% | 47.9% | -16.38% | -6.41% | -4.44% | -1.4% |
Cost of Goods Sold | 69.2B | 79.22B | 102.45B | 69.11B | 113.37B | 154.89B | 131.87B | 129.58B | 122.7B | 123.81B |
COGS % of Revenue | 92.6% | 92.02% | 92.18% | 99.04% | 94.49% | 87.28% | 88.88% | 93.31% | 92.46% | - |
Gross Profit | 5.53B▲ 0% | 6.87B▲ 24.2% | 8.7B▲ 26.6% | 671M▼ 92.3% | 6.61B▲ 885.2% | 22.57B▲ 241.4% | 16.51B▼ 26.9% | 9.29B▼ 43.7% | 10B▲ 7.7% | 11.95B▲ 0% |
Gross Margin % | 7.4% | 7.98% | 7.82% | 0.96% | 5.51% | 12.72% | 11.12% | 6.69% | 7.54% | 8.8% |
Gross Profit Growth % | 22.26% | 24.21% | 26.58% | -92.28% | 885.25% | 241.36% | -26.86% | -43.74% | 7.7% | - |
Operating Expenses | 1.51B | 2.18B | 4.23B | 12.92B | 2.31B | 3.6B | 3.92B | 4.04B | 4.23B | 5.13B |
OpEx % of Revenue | 2.02% | 2.53% | 3.81% | 18.51% | 1.93% | 2.03% | 2.64% | 2.91% | 3.19% | - |
Selling, General & Admin | 1.69B | 2.28B | 3.19B | 2.71B | 2.54B | 2.77B | 3.04B | 3.22B | 3.35B | 3.43B |
SG&A % of Revenue | 2.27% | 2.64% | 2.87% | 3.88% | 2.11% | 1.56% | 2.05% | 2.32% | 2.52% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | -182M | -97M | 1.04B | 10.21B | -226M | 825M | 881M | 818M | 885M | 4M |
Operating Income | 4.02B▲ 0% | 4.69B▲ 16.7% | 4.46B▼ 4.9% | -12.25B▼ 374.5% | 4.3B▲ 135.1% | 18.97B▲ 341.2% | 12.59B▼ 33.7% | 5.25B▼ 58.3% | 5.77B▲ 9.9% | 6.82B▲ 0% |
Operating Margin % | 5.38% | 5.45% | 4.01% | -17.55% | 3.58% | 10.69% | 8.48% | 3.78% | 4.35% | 5.02% |
Operating Income Growth % | 68.4% | 16.72% | -4.86% | -374.47% | 135.11% | 341.16% | -33.65% | -58.3% | 9.91% | - |
EBITDA | 6.13B | 6.86B | 7.69B | -8.87B | 7.66B | 22.18B | 15.89B | 8.59B | 9.02B | 10.09B |
EBITDA Margin % | 8.21% | 7.97% | 6.92% | -12.71% | 6.39% | 12.5% | 10.71% | 6.18% | 6.8% | 7.43% |
EBITDA Growth % | 39.78% | 11.87% | 12.06% | -215.42% | 186.38% | 189.47% | -28.36% | -45.98% | 5.06% | 20.92% |
D&A (Non-Cash Add-back) | 2.11B | 2.17B | 3.23B | 3.38B | 3.36B | 3.21B | 3.31B | 3.34B | 3.25B | 3.27B |
EBIT | 3.97B | 4.64B | 4.46B | -12.28B | 4.08B | 21.67B | 15.25B | 7.26B | 8.43B | 9.12B |
Net Interest Income | -625M | -886M | -1.23B | -1.36B | -1.29B | -995M | -605M | -877M | -1.25B | -1.32B |
Interest Income | 27M | 87M | 40M | 9M | 14M | 221M | 672M | 467M | 159M | 113M |
Interest Expense | 652M | 973M | 1.26B | 1.37B | 1.3B | 1.22B | 1.28B | 1.34B | 1.41B | 1.43B |
Other Income/Expense | -674M | -993M | -1.23B | -1.36B | -1.48B | 1.5B | 1.4B | 709M | 1.25B | 848M |
Pretax Income | 3.34B▲ 0% | 3.7B▲ 10.6% | 3.23B▼ 12.6% | -13.61B▼ 521.0% | 2.82B▲ 120.7% | 20.47B▲ 626.6% | 13.99B▼ 31.7% | 5.96B▼ 57.4% | 7.01B▲ 17.8% | 7.67B▲ 0% |
Pretax Margin % | 4.47% | 4.29% | 2.91% | -19.51% | 2.35% | 11.53% | 9.43% | 4.29% | 5.29% | 5.65% |
Income Tax | -460M | 764M | 784M | -2.43B | 264M | 4.49B | 2.82B | 890M | 1.14B | 1.28B |
Effective Tax Rate % | -13.76% | 20.67% | 24.25% | 17.85% | 9.37% | 21.94% | 20.14% | 14.94% | 16.21% | 16.74% |
Net Income | 3.43B▲ 0% | 2.78B▼ 19.0% | 2.64B▼ 5.1% | -9.83B▼ 472.6% | 9.74B▲ 199.1% | 14.52B▲ 49.1% | 9.68B▼ 33.3% | 3.44B▼ 64.4% | 4.05B▲ 17.5% | 4.63B▲ 0% |
Net Margin % | 4.59% | 3.23% | 2.37% | -14.08% | 8.12% | 8.18% | 6.52% | 2.48% | 3.05% | 3.41% |
Net Income Growth % | 192.33% | -19% | -5.14% | -472.62% | 199.1% | 49.07% | -33.31% | -64.41% | 17.47% | 90.3% |
Net Income (Continuing) | 3.8B | 2.93B | 2.45B | -11.18B | 2.55B | 15.98B | 11.17B | 5.07B | 5.88B | 6.38B |
Discontinued Operations | 0 | 673M | 806M | 1.21B | 8.45B | 72M | 0 | 0 | 0 | 0 |
Minority Interest | 7.79B | 9.88B | 9.41B | 8.02B | 7.38B | 7.37B | 7B | 6.76B | 6.77B | 6.67B |
EPS (Diluted) | 6.70▲ 0% | 5.28▼ 21.1% | 3.97▼ 24.9% | -15.14▼ 481.4% | 2.69▲ 117.8% | 28.12▲ 945.4% | 23.65▼ 15.9% | 10.09▼ 57.3% | 13.27▲ 31.5% | 15.70▲ 0% |
EPS Growth % | 203.13% | -21.14% | -24.86% | -481.37% | 117.77% | 945.35% | -15.9% | -57.34% | 31.52% | 115.31% |
EPS (Basic) | 6.77 | 5.36 | 4.00 | -15.14 | 2.71 | 28.34 | 23.76 | 10.12 | 13.27 | - |
Diluted Shares Outstanding | 512M | 526M | 664M | 649M | 638M | 516M | 409M | 341M | 305M | 295M |
Basic Shares Outstanding | 511.94M | 518M | 659M | 649M | 634M | 512M | 407M | 341M | 305M | 295M |
Dividend Payout Ratio | 22.52% | 34.32% | 53.01% | - | 15.24% | 8.81% | 13.03% | 33.5% | 28.17% | - |
MPC Balance Sheet
Marathon Petroleum Corporation (MPC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 13.4B | 18.02B | 30.46B | 28.29B | 30.5B | 35.24B | 32.13B | 24.45B | 24.78B | 28.7B |
Cash & Short-Term Investments | 3.01B | 1.69B | 1.39B | 415M | 10.84B | 11.77B | 10.22B | 3.21B | 3.67B | 2.15B |
Cash Only | 3.01B | 1.69B | 1.39B | 415M | 5.29B | 8.63B | 5.44B | 3.21B | 3.67B | 2.15B |
Short-Term Investments | 0 | 0 | 0 | 0 | 5.55B | 3.15B | 4.78B | 0 | 0 | 0 |
Accounts Receivable | 4.7B | 5.85B | 7.23B | 5.76B | 11.03B | 13.48B | 12.19B | 11.14B | 10.32B | 0 |
Days Sales Outstanding | 22.93 | 24.82 | 23.75 | 30.13 | 33.57 | 27.72 | 29.98 | 29.29 | 28.38 | 21.46 |
Inventory | 5.55B | 9.84B | 9.8B | 8B | 8.05B | 8.83B | 9.32B | 9.57B | 10.13B | 10.76B |
Days Inventory Outstanding | 29.27 | 45.32 | 34.93 | 42.25 | 25.93 | 20.8 | 25.79 | 26.95 | 30.13 | 30.09 |
Other Current Assets | 145M | 646M | 12.03B | 14.11B | 568M | 1.17B | 403M | 524M | 662M | 15.78B |
Total Non-Current Assets | 35.65B | 74.92B | 68.1B | 56.87B | 54.88B | 54.66B | 53.86B | 54.41B | 60.78B | 59.49B |
Property, Plant & Equipment | 26.44B | 45.06B | 42.68B | 40.56B | 38.81B | 36.87B | 36.34B | 36.33B | 38.89B | 39.1B |
Fixed Asset Turnover | 2.83x | 1.91x | 2.60x | 1.72x | 3.09x | 4.81x | 4.08x | 3.82x | 3.41x | 3.56x |
Goodwill | 3.59B | 20.18B | 15.65B | 8.26B | 8.26B | 8.24B | 8.24B | 8.24B | 9.35B | 9.34B |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.71B | 2.66B |
Long-Term Investments | 4.79B | 5.9B | 6.57B | 5.42B | 5.41B | 6.47B | 6.26B | 6.86B | 6.79B | 27.99B |
Other Non-Current Assets | 830M | 3.78B | 3.2B | 2.64B | 2.4B | 3.08B | 3.01B | 2.98B | 1.42B | 1.39B |
Total Assets | 49.05B▲ 0% | 92.94B▲ 89.5% | 98.56B▲ 6.0% | 85.16B▼ 13.6% | 85.37B▲ 0.3% | 89.9B▲ 5.3% | 85.99B▼ 4.4% | 78.86B▼ 8.3% | 85.56B▲ 8.5% | 88.19B▲ 0% |
Asset Turnover | 1.52x | 0.93x | 1.13x | 0.82x | 1.41x | 1.97x | 1.73x | 1.76x | 1.55x | 1.62x |
Asset Growth % | 10.43% | 89.49% | 6.04% | -13.59% | 0.25% | 5.31% | -4.36% | -8.29% | 8.5% | 12.88% |
Total Current Liabilities | 10.48B | 13.22B | 16.95B | 15.66B | 17.9B | 20.02B | 20.15B | 20.83B | 19.68B | 24.41B |
Accounts Payable | 8.3B | 9.37B | 11.22B | 7.8B | 13.7B | 15.31B | 13.76B | 13.91B | 12.97B | 17.62B |
Days Payables Outstanding | 43.76 | 43.15 | 39.98 | 41.21 | 44.11 | 36.08 | 38.09 | 39.17 | 38.6 | 41.59 |
Short-Term Debt | 624M | 544M | 704M | 2.85B | 571M | 1.07B | 1.95B | 3.05B | 2.86B | 2.62B |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | -295M | -444M | 1.52B | 1.94B | 136M | 852M | 1.33B | 841M | 1.25B | 1.33B |
Current Ratio | 1.28x | 1.36x | 1.80x | 1.81x | 1.70x | 1.76x | 1.59x | 1.17x | 1.26x | 1.18x |
Quick Ratio | 0.75x | 0.62x | 1.22x | 1.30x | 1.25x | 1.32x | 1.13x | 0.71x | 0.74x | 0.73x |
Cash Conversion Cycle | 8.44 | 26.99 | 18.7 | 31.16 | 15.39 | 12.44 | 17.68 | 17.07 | 19.91 | 9.97 |
Total Non-Current Liabilities | 16.74B | 34.67B | 38.5B | 39.27B | 33.89B | 34.8B | 34.44B | 33.52B | 41.8B | 40.35B |
Long-Term Debt | 12.32B | 26.98B | 28.02B | 28.73B | 24.97B | 25.63B | 25.33B | 24.43B | 29.91B | 31.71B |
Capital Lease Obligations | 0 | 0 | 1.3B | 1.01B | 927M | 841M | 764M | 860M | 1.58B | 3.44B |
Deferred Tax Liabilities | 2.65B | 4.86B | 6.39B | 6.2B | 5.64B | 5.9B | 5.83B | 5.77B | 7.59B | 25.27B |
Other Non-Current Liabilities | 1.76B | 2.83B | 2.79B | 3.33B | 2.36B | 2.42B | 2.51B | 2.46B | 2.71B | 2.65B |
Total Liabilities | 27.22B | 47.89B | 55.45B | 54.94B | 51.79B | 54.82B | 54.59B | 54.35B | 61.47B | 64.76B |
Total Debt | 12.95B | 27.52B | 30.54B | 33.09B | 26.9B | 27.91B | 28.5B | 28.76B | 34.36B | 34.33B |
Net Debt | 9.94B | 25.84B | 29.14B | 32.68B | 21.61B | 19.28B | 23.06B | 25.55B | 30.69B | 32.17B |
Debt / Equity | 0.59x | 0.61x | 0.71x | 1.10x | 0.80x | 0.80x | 0.91x | 1.17x | 1.43x | 1.47x |
Debt / EBITDA | 2.11x | 4.01x | 3.97x | - | 3.51x | 1.26x | 1.79x | 3.35x | 3.81x | 3.40x |
Net Debt / EBITDA | 1.62x | 3.77x | 3.79x | - | 2.82x | 0.87x | 1.45x | 2.98x | 3.40x | 3.19x |
Interest Coverage | 6.09x | 4.77x | 3.53x | -8.95x | 3.14x | 17.82x | 11.95x | 5.41x | 5.97x | 6.36x |
Total Equity | 21.83B▲ 0% | 45.05B▲ 106.4% | 43.11B▼ 4.3% | 30.22B▼ 29.9% | 33.58B▲ 11.1% | 35.09B▲ 4.5% | 31.4B▼ 10.5% | 24.51B▼ 22.0% | 24.09B▼ 1.7% | 23.43B▲ 0% |
Equity Growth % | 2.95% | 106.4% | -4.32% | -29.9% | 11.12% | 4.48% | -10.51% | -21.95% | -1.71% | -24.41% |
Book Value per Share | 42.63 | 85.65 | 64.92 | 46.56 | 52.63 | 68.00 | 76.77 | 71.87 | 78.97 | 79.41 |
Total Shareholders' Equity | 14.03B | 35.17B | 33.69B | 22.2B | 26.21B | 27.71B | 24.4B | 17.75B | 17.31B | 16.75B |
Common Stock | 7M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M |
Retained Earnings | 12.86B | 14.76B | 15.99B | 4.65B | 12.9B | 26.14B | 34.56B | 36.85B | 39.75B | 39.97B |
Treasury Stock | -9.87B | -13.18B | -15.14B | -15.16B | -19.9B | -31.84B | -43.5B | -52.62B | -56.03B | -56.78B |
Accumulated OCI | -231M | -144M | -320M | -512M | -67M | 2M | -131M | -114M | -105M | -108M |
Minority Interest | 7.79B | 9.88B | 9.41B | 8.02B | 7.38B | 7.37B | 7B | 6.76B | 6.77B | 6.67B |
MPC Cash Flow Statement
Marathon Petroleum Corporation (MPC) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 6.61B | 6.16B | 9.44B | 2.42B | 4.36B | 16.36B | 14.12B | 8.66B | 8.25B | 9.44B |
Operating CF Margin % | 8.85% | 7.15% | 8.49% | 3.47% | 3.63% | 9.22% | 9.51% | 6.24% | 6.22% | - |
Operating CF Growth % | 64.6% | -6.87% | 53.31% | -74.38% | 80.24% | 275.25% | -13.72% | -38.62% | -4.75% | 1926.95% |
Net Income | 3.8B | 3.61B | 3.25B | -9.98B | 11B | 16.05B | 11.17B | 5.07B | 4.05B | 4.63B |
Depreciation & Amortization | 2.11B | 2.17B | 3.23B | 3.38B | 3.36B | 3.21B | 3.31B | 3.34B | 3.35B | 884M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | -1.23B | 252M | 449M | -2.05B | 1.92B | 290M | -28M | -124M | 282M | 329M |
Other Non-Cash Items | 100M | 689M | 2.15B | 10.8B | -12.86B | -1.52B | -629M | -14M | 1.23B | 2.08B |
Working Capital Changes | 1.83B | -559M | 365M | 269M | 931M | -1.67B | 295M | 399M | -657M | 201M |
Change in Receivables | -1.09B | 1.28B | -1.72B | 1.47B | -5.3B | -2.86B | 2.11B | 1.12B | 890M | -2.48B |
Change in Inventory | 106M | 965M | -362M | 1.75B | -33M | -787M | -489M | -270M | -596M | -311M |
Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -776M | 4.42B |
Cash from Investing | -3.4B | -7.67B | -6.26B | -3.26B | 14.8B | 623M | -3.1B | 1.53B | -6.27B | -6.09B |
Capital Expenditures | -2.73B | -3.18B | -4.81B | -2.79B | -1.46B | -2.42B | -1.89B | -2.53B | -3.49B | -3.74B |
CapEx % of Revenue | 3.66% | 3.69% | 4.33% | 3.99% | 1.22% | 1.36% | 1.27% | 1.82% | 2.63% | 2.75% |
Acquisitions | -249M | -3.82B | -129M | 0 | 0 | -818M | -726M | -1.2B | -2.71B | -2.18B |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 326M | -276M | -356M | -122M | 21.98B | 914M | 738M | 231M | 273M | -462M |
Cash from Financing | -1.09B | 222M | -3.38B | -135M | -14.42B | -13.65B | -14.21B | -12.43B | -1.52B | -5.01B |
Debt Issued (Net) | 2.27B | 5.44B | 1.2B | 2.73B | -6.27B | 1.1B | 510M | -353M | 4.62B | 1.16B |
Equity Issued (Net) | -1.85B | -3.26B | -1.94B | 11M | -4.55B | -11.68B | -11.51B | -9.16B | -3.46B | -3.18B |
Dividends Paid | -773M | -954M | -1.4B | -1.51B | -1.48B | -1.28B | -1.26B | -1.15B | -1.14B | -1.15B |
Share Repurchases | -2.37B | -3.29B | -1.95B | 0 | -4.65B | -11.92B | -11.57B | -9.19B | -3.49B | -3.18B |
Other Financing | -734M | -1B | -1.24B | -1.36B | -2.11B | -1.79B | -1.95B | -1.76B | -1.54B | -1.83B |
Net Change in Cash | 2.12B▲ 0% | -1.29B▼ 160.8% | -196M▲ 84.8% | -973M▼ 396.4% | 4.74B▲ 586.9% | 3.34B▼ 29.6% | -3.19B▼ 195.4% | -2.23B▲ 29.8% | 462M▲ 120.7% | -1.66B▲ 0% |
Free Cash Flow | 3.88B▲ 0% | 2.98B▼ 23.2% | 4.63B▲ 55.5% | -368M▼ 107.9% | 2.9B▲ 887.0% | 13.94B▲ 381.4% | 12.23B▼ 12.3% | 6.13B▼ 49.8% | 4.77B▼ 22.3% | 5.7B▲ 0% |
FCF Margin % | 5.19% | 3.46% | 4.17% | -0.53% | 2.41% | 7.86% | 8.24% | 4.42% | 3.59% | 4.2% |
FCF Growth % | 244.89% | -23.22% | 55.45% | -107.95% | 886.96% | 381.39% | -12.29% | -49.85% | -22.26% | 27.9% |
FCF per Share | 7.58 | 5.66 | 6.97 | -0.57 | 4.54 | 27.02 | 29.89 | 17.98 | 15.63 | 19.33 |
FCF Conversion (FCF/Net Income) | 1.93x | 2.22x | 3.58x | -0.25x | 0.45x | 1.13x | 1.46x | 2.52x | 2.04x | 1.23x |
Interest Paid | 525M | 887M | 1.17B | 1.24B | 1.25B | 1.08B | 1.23B | 1.25B | 0 | 626M |
Taxes Paid | 904M | 424M | 491M | 0 | 2.44B | 4.87B | 2.75B | 732M | 0 | 45M |
MPC Key Ratios
Marathon Petroleum Corporation (MPC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 15.95% | 8.31% | 5.98% | -26.8% | 30.53% | 42.28% | 29.12% | 12.32% | 16.66% | 19.57% |
Return on Invested Capital (ROIC) | 9.62% | 6.85% | 4.68% | -13.59% | 5.46% | 25.97% | 17.35% | 7.53% | 8.25% | 9.41% |
Gross Margin | 7.4% | 7.98% | 7.82% | 0.96% | 5.51% | 12.72% | 11.12% | 6.69% | 7.54% | 8.8% |
Net Margin | 4.59% | 3.23% | 2.37% | -14.08% | 8.12% | 8.18% | 6.52% | 2.48% | 3.05% | 3.41% |
Debt / Equity | 0.59x | 0.61x | 0.71x | 1.10x | 0.80x | 0.80x | 0.91x | 1.17x | 1.43x | 1.47x |
Interest Coverage | 6.09x | 4.77x | 3.53x | -8.95x | 3.14x | 17.82x | 11.95x | 5.41x | 5.97x | 6.36x |
FCF Conversion | 1.93x | 2.22x | 3.58x | -0.25x | 0.45x | 1.13x | 1.46x | 2.52x | 2.04x | 1.23x |
Revenue Growth | 17.99% | 15.19% | 29.11% | -37.22% | 71.95% | 47.9% | -16.38% | -6.41% | -4.44% | -1.4% |
Related:MPC Dividend History·MPC Revenue History·MPC Price History·MPC P/E History·MPC Financial Ratios·MPC Institutional Holders
MPC SEC Filings & Documents
Marathon Petroleum Corporation (MPC) SEC filings — annual & quarterly reports (10-K, 10-Q)
MPC Frequently Asked Questions
Marathon Petroleum Corporation (MPC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Marathon Petroleum Corporation (MPC) reported $135.75B in revenue for fiscal year 2025. This represents a 108% increase from $65.26B in 2008.
Marathon Petroleum Corporation (MPC) saw revenue decline by 4.4% over the past year.
Yes, Marathon Petroleum Corporation (MPC) is profitable, generating $4.63B in net income for fiscal year 2025 (3.0% net margin).
Dividend & Returns
Yes, Marathon Petroleum Corporation (MPC) pays a dividend with a yield of 1.54%. This makes it attractive for income-focused investors.
Marathon Petroleum Corporation (MPC) has a return on equity (ROE) of 16.7%. This is reasonable for most industries.
Marathon Petroleum Corporation (MPC) generated $5.70B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.