Marathon Petroleum Corporation (MPC)

NYSE: MPC · Petroleum Refining · Findlay, OH · filing with the SEC since 2011

Grade5.9

◀ Past 7.0● Present 5.3▶ Future 4.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 26, 2026	Feb 27, 2025	Feb 28, 2024	Feb 23, 2023	Feb 24, 2022	Feb 26, 2021	Feb 28, 2020	Feb 28, 2019	Feb 28, 2018	Feb 24, 2017
Revenue	132,699	138,864	148,379	177,453	119,983	69,779	111,148^r	86,086^r	74,733^r	63,277
Cost of revenue	119,446	126,240	128,566	151,671	110,008	65,733	99,228^r	77,047^r	67,089^r	56,676
Selling, general and administrative	3,349	3,221	3,039	2,772	2,537	2,710	3,192^r	2,276^r	1,694^r	1,597^r
Total costs and expenses	126,931	133,616	135,793	158,483	116,630	81,279	107,403^r	81,899^r	71,351^r	60,978^r
Operating income	8,291	6,796	14,514	21,469	4,300	-12,247	4,462^r	4,690^r	4,018^r	2,386^r
Interest expense	1,489	1,365	1,325	1,299	1,340	1,462	1,389^r	1,025^r	688	602
Interest and investment income	159	376	530	191	14	9	40	87	27	6
Share of profit of equity-method investments	1,622	1,048	742	655	458	-935	312^r	299^r	306	-185
Income before income taxes	7,015	5,957	13,989	20,469	2,817	-13,612	3,233^r	3,697^r	3,344	1,822
Income tax expense	1,137	890	2,817	4,491	264	-2,430	784^r	764^r	-460	609
Income from continuing operations	·	5,067	11,172	15,978	2,553	-11,182	2,449	2,933	·	·
Income from discontinued operations	·	0	0	72	8,448	1,205	806	673	·	·
Net income including non-controlling interests	5,878	5,067	11,172	16,050	11,001	-9,977	3,255	3,606	3,804	1,213
Net income	4,047	3,445	9,681	14,516	9,738	-9,826	2,637	2,780	3,432	1,174
Net income to common shareholders	4,043	3,442	9,672	14,508	9,736	-9,827	2,636	2,779	3,430	1,173
Earnings per share, basic	13.24	10.11	23.73	28.31	15.34	-15.13	4.00	5.36	6.76	2.22
Earnings per share, diluted	13.22	10.08	23.63	28.12	15.24	-15.13	3.97	5.28	6.70	2.21
Weighted average shares, basic	305	340	407	512	634	649	659	518	507	528
Weighted average shares, diluted	306	341	409	516	638	649	664	526	512	530

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseDebt

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton MPC · research, not advice