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MARATHON PETROLEUM CORP

LISTEDNYSE
SYMBOLMPC
SIC2911
STATE OF INC.DE
FISCAL YEAR ENDSDecember 31
CIK1510295

PETROLEUM REFINING · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions-500501001502002016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share-20.000.0020.0040.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt32,87665.5
Stockholders' equity17,31434.5
Total capitalization50,190100.0

280,824,763 shares outstanding at 30 July 2026 (cover page of the 10-Q filed 4 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, noncurrent30,505
Current maturities2,371

CAPITAL STOCK 12/31/25

Common shares authorized2,000,000,000
Common shares issued994,000,000
Treasury shares699,000,000
Par or stated value per share ($)0.01
Preferred stock ($ millions)0
Outstanding at 7/30/26280,824,763

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
20253.7328.2
20243.3833.6
20233.0813.0
20222.498.9
20212.3215.2

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware.

BUSINESS: Classified by the SEC under Standard Industrial Classification 2911, Petroleum Refining. Large accelerated filer. Principal executive office: 539 South Main Street, Findlay, OH 45840-3229. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues132,699138,864148,379
Cost of revenues119,446126,240128,566
Selling, general and administrative3,3493,2213,039
Depreciation and amortization3,2513,3373,307
Operating income8,2916,79614,514
Interest expense1,4891,3651,325
Income before income taxes7,0155,95713,989
Income taxes1,1378902,817
Net income4,0473,4459,681
Earned per share, diluted ($)13.2210.0823.63
Dividends per share ($)3.733.383.08

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Cash and equivalents3,6723,210
Receivables, net10,31711,145
Inventories10,1299,568
Total current assets24,78024,447
Property, plant and equipment, net37,39735,028
Goodwill9,3548,244
Total assets83,95578,858
Total current liabilities19,67820,827
Long-term debt30,50524,432
Total liabilities59,86954,352
Stockholders' equity17,31417,745
Total liabilities and equity83,95578,858

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/25132,6998,2914,0473.013.223.738,2533,4864,76783,95559,86932,87617,31423.41.90
12/31/24138,8646,7963,4452.510.083.388,6652,5336,13278,85854,35227,48117,74519.41.55
12/31/23148,37914,5149,6816.523.633.0814,1171,89012,22785,98754,58827,28324,40439.71.12
12/31/22177,45321,46914,5168.228.122.4916,3612,42013,94189,90454,81726,70027,71552.40.96
12/31/21119,9834,3009,7388.115.242.324,3601,4642,89685,37351,79225,53926,20637.20.97
12/31/2069,779(12,247)(9,826)-14.1(15.13)2.322,4192,787(368)85,15854,93831,58422,199-44.31.42
12/31/19111,1484,4622,6372.43.972.129,4414,8104,63198,55655,44928,72433,6947.80.85
12/31/1886,0864,6902,7803.25.281.846,1583,1792,97992,94047,88727,52435,1757.90.78
12/31/1774,7334,0183,4324.66.701.526,6122,7323,88049,04727,21912,94614,03324.50.92
12/31/1663,2772,3861,1741.92.211.364,0172,8921,12544,41323,21010,57213,5578.70.78

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

Marathon Petroleum Corp
CIK 1510295 · EIN 27-1284632

PRINCIPAL OFFICE:

539 South Main Street, Findlay, OH 45840-3229
Tel.: 419-422-2121

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

2911 · Petroleum Refining

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 26 February 2026

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

8/4/2610-Qperiod 6/30/26
8/4/268-Kperiod 8/4/26
6/29/268-Kperiod 6/26/26
5/5/2610-Qperiod 3/31/26
5/5/268-Kperiod 5/5/26
5/1/268-Kperiod 4/29/26
4/13/268-Kperiod 4/7/26
3/16/26DEF 14Aperiod 4/29/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/26/26) · 10-K FY2024 (filed 2/27/25) · 10-K FY2023 (filed 2/28/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 2/26/21) · 10-K FY2019 (filed 2/28/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice