FY2025 · ended Dec 31, 2025 · Revenue $132.70B, -4.4% YoY · Filed Feb 26, 2026
Marathon Petroleum Corporation (MPC) files with the SEC under industry code 2911, Petroleum Refining. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $132.7 billion and net income of $4.0 billion. Free cash flow was $4.8 billion. As of Sep 30, 2026 it held $13.6 billion in cash and investments and $34.9 billion in total debt.
Revenue (TTM)
$174.80B
+31.2% vs year-ago TTM
Net income (TTM)
$14.63B
+407.5% vs year-ago TTM
Operating cash flow (TTM)
$25.25B
+241.6% vs year-ago TTM
Free cash flow (TTM)
$20.84B
+387.4% vs year-ago TTM
EPS (TTM)
$50.22
+442.7% vs year-ago TTM
Dividend per share
$3.73
+10.2% vs prior year
Shares outstanding
294.74M
-5.7% vs prior year
Net cash
$-21.32B
as of Sep 30, 2026
Operating margin
12.5%
FY 2026
Company profile
- Industry
- Petroleum Refining (SIC 2911)
- Listed as
- MPC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Findlay, OH
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1510295
Other Petroleum Refining companies
- ExxonMobil Holdings Corp XOM
- Chevron Corp CVX
- Conocophillips COP
- BP PLC BP
- Valero Energy CORP/TX VLO
- Equinor ASA EQNR
- Phillips 66 PSX
- Suncor Energy Inc SU
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $132.7B | $138.9B | $148.4B | $177.5B | $120.0B |
| Operating income | $8.3B | $6.8B | $14.5B | $21.5B | $4.3B |
| Net income | $4.0B | $3.4B | $9.7B | $14.5B | $9.7B |
| Diluted EPS | $13.22 | $10.08 | $23.63 | $28.12 | $15.24 |
| Operating cash flow | $8.3B | $8.7B | $14.1B | $16.4B | $4.4B |
| Free cash flow | $4.8B | $6.1B | $12.2B | $13.9B | $2.9B |
| Total assets | $84.0B | $78.9B | $86.0B | $89.9B | $85.4B |
| Total liabilities | $59.9B | $54.4B | $54.6B | $54.8B | $51.8B |
| Stockholders' equity | $17.3B | $17.7B | $24.4B | $27.7B | $26.2B |
| Cash and investments | $3.7B | $3.2B | $10.2B | $11.8B | $12.5B |
| Total debt | $34.8B | $29.1B | $28.8B | $28.3B | $27.3B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 3, 2026 | Nov 3, 2026 |
| 8-K |
Current report
Officer or director change, Other events
|
Oct 29, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 4, 2026 | Aug 4, 2026 |
| 8-K |
Current report
Other events
|
Jun 29, 2026 | Jun 26, 2026 |
All 1010 Marathon Petroleum Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.