MARATHON PETROLEUM CORPORATION (MPC) Financial Statements
Historical financial data — 42 statements covering FY2018–FY2025
Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an...
MARATHON PETROLEUM CORPORATION's revenue decreased 4.4% year over year, from $138.86B to $132.70B.
Net income increased 17.5% over the same period, from $3.44B to $4.05B.
Over the 7-year period from FY2018 to FY2025, revenue grew by 39% in total.
Total debt increased by 19.6% to $32.88B.
The debt-to-equity ratio stands at 1.90, indicating a elevated leverage profile.
Operating cash flow declined 4.8% to $8.25B.
MARATHON PETROLEUM CORPORATION maintains a moderate net profit margin of 3.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $35.11B-7.4% | $622.0M | $2.96B | $1.35B | $1.68B | $79.83B | $28.22B | $18.93B |
| Q4 FY2024 | $33.14B-5.6% | $371.0M | $2.58B | $1.14B | $2.21B | $78.86B | $27.48B | $17.75B |
| Q1 FY2025 | $31.52B-4.9% | $-74.0M | $2.16B | $452.0M | $-64.0M | $81.63B | $30.91B | $16.40B |
| Q2 FY2025 | $33.80B+7.2% | $1.22B | $3.77B | $2.43B | $2.64B | $78.48B | $28.65B | $16.62B |
| Q3 FY2025 | $34.81B+3.0% | $1.37B | $3.61B | $2.71B | $2.61B | $83.24B | $32.84B | $17.10B |
| Q4 FY2025 | $32.57B-6.4% | $1.53B | $3.71B | $2.69B | $3.07B | $83.95B | $32.88B | $17.31B |
| Q1 FY2026 | $34.20B+5.0% | $511.0M | $2.94B | $1.40B | $1.12B | $88.19B | $34.33B | $23.43B |
| Q2 FY2026 | $51.99B+52.0% | $5.14B | $8.93B | $7.32B | $10.33B | $94.31B | $34.29B | $25.72B |
Balance Sheet Summary (Q2 FY2026)
MARATHON PETROLEUM CORPORATION (MPC) Financial Statements & Revenue History
MARATHON PETROLEUM CORPORATION (MPC) is a US-listed stock operating in the Energy sector, specifically the Petroleum Refining industry trading at $477.51 with a market capitalization of $134. This page provides 42 historical financial statements for MARATHON PETROLEUM CORPORATION, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, MARATHON PETROLEUM CORPORATION reported revenue of $132.7 billion, a 4.4% decline from the prior year. The net profit margin of 3.0% suggests thin margins. The debt-to-equity ratio of 1.90 indicates elevated leverage.
MPC Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows MARATHON PETROLEUM CORPORATION's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MPC is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MPC's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently MARATHON PETROLEUM CORPORATION converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MPC's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MPC Financial Data
Investors use MARATHON PETROLEUM CORPORATION's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MPC's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MPC's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MPC's financial health score, earnings, and pre-market pricing.
Financial data is sourced from MARATHON PETROLEUM CORPORATION's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MPC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.