Marathon Petroleum Corporation (MPC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	153.9B	132.7B	138.9B	148.4B	177.5B
Cost of Revenue	136.1B	122.7B	129.6B	131.9B	154.9B
Gross Profit	17.9B	10.0B	9.3B	16.5B	22.6B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	3.5B	3.3B	3.2B	3.0B	2.8B
General & Admin Expense	2.6B	3.3B	3.2B	3.0B	2.8B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	2.2B	885.0M	818.0M	881.0M	825.0M
Total Operating Expenses	5.6B	4.2B	4.0B	3.9B	3.6B
Cost and Expenses	141.7B	126.9B	133.6B	135.8B	158.5B
Operating Income (EBIT)	12.2B	5.8B	5.2B	12.6B	19.0B
Non-Operating
Interest Income	176.0M	159.0M	467.0M	672.0M	221.0M
Interest Expense	1.6B	1.4B	1.3B	1.3B	1.2B
Net Interest Income	(1.4B)	(1.3B)	(877.0M)	(605.0M)	(995.0M)
Other Non-Op Income/Expense	525.0M	1.2B	709.0M	1.4B	1.5B
Non-Operating Income (excl Interest)	(1.9B)	(2.7B)	(2.0B)	(2.7B)	(2.7B)
EBT (Pre-Tax Income)	12.8B	7.0B	6.0B	14.0B	20.5B
Income Tax Expense	2.5B	1.1B	890.0M	2.8B	4.5B
Bottom Line
Net Income	8.6B	4.0B	3.4B	9.7B	14.5B
Earnings from Cont. Ops	10.3B	5.9B	5.1B	11.2B	16.0B
Earnings from Discont. Ops	—	—	—	—	72.0M
Bottom Line Net Income	8.6B	4.0B	3.4B	9.7B	14.5B
Per Share
Basic EPS	$29.05	$13.27	$10.12	$23.76	$28.34
Diluted EPS	$29.05	$13.27	$10.09	$23.65	$28.12
Revenue Per Share	$529.02	$435.08	$407.23	$364.57	$346.59
Shares
Basic Shares Outstanding	291.0M	305.0M	341.0M	407.0M	512.0M
Diluted Shares Outstanding	291.0M	305.0M	341.0M	409.0M	516.0M
Profitability Metrics
EBITDA	17.4B	11.7B	10.6B	18.6B	24.9B
D&A	3.3B	3.3B	3.3B	3.3B	3.2B
EBIT	14.1B	8.4B	7.3B	15.3B	21.7B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026