Marathon Petroleum Corp — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Marathon Petroleum Corp filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $31.09B | Feb 28, 2020 |
| FY2019 | Sep 30, 2019 | $31.04B | Feb 28, 2020 |
| FY2019 | Jun 30, 2019 | $33.55B | Feb 28, 2020 |
| FY2019 | Mar 31, 2019 | $28.27B | Feb 28, 2020 |
| FY2019 | Dec 31, 2018 | $32.33B | Feb 28, 2020 |
| FY2019 | Sep 30, 2018 | $22.99B | Feb 28, 2020 |
| FY2019 | Jun 30, 2018 | $22.32B | Feb 28, 2020 |
| FY2019 | Mar 31, 2018 | $18.87B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $21.06B | Feb 28, 2019 |
| FY2018 | Sep 30, 2017 | $19.21B | Feb 28, 2019 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $132.70B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $138.86B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $148.38B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $177.45B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $119.98B | Feb 28, 2024 |
| FY2020 | Dec 31, 2020 | $17.97B | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $17.41B | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $12.20B | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $22.20B | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $28.01B | Feb 26, 2021 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | Dec 31, 2015 | $72.05B | Feb 26, 2016 |
| FY2015 | Dec 31, 2014 | $97.82B | Feb 26, 2016 |
| FY2015 | Dec 31, 2013 | $100.16B | Feb 26, 2016 |
| FY2014 | Dec 31, 2012 | $82.24B | Feb 27, 2015 |
| FY2013 | Dec 31, 2011 | $78.64B | Feb 28, 2014 |
| FY2012 | Dec 31, 2010 | $62.49B | Feb 28, 2013 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.05B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.45B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $9.68B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $14.52B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $9.74B | Feb 28, 2024 |
| FY2020 | Dec 31, 2020 | $285.00M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | ($886.00M) | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $9.00M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | ($9.23B) | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $443.00M | Feb 26, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.29B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $6.80B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $14.51B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $21.47B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $4.30B | Feb 28, 2024 |
| FY2020 | Dec 31, 2020 | $390.00M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | ($1.06B) | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $575.00M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | ($12.16B) | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $558.00M | Feb 26, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.35B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.22B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $3.04B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $2.77B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $2.54B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $2.71B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $3.19B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $2.28B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.69B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $1.60B | Feb 28, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.25B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $8.67B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $14.12B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $16.36B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $4.36B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $2.42B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $9.44B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $6.16B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $6.61B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $4.02B | Feb 28, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.49B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.53B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.89B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $2.42B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $1.46B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $2.79B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $4.81B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $3.18B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $2.73B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $2.89B | Feb 28, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $83.96B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $78.86B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $85.99B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $89.90B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $85.37B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $85.16B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $98.56B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $92.94B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $49.05B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $44.41B | Feb 28, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $59.87B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $54.35B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $54.59B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $54.82B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $51.79B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $54.94B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $55.45B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $47.89B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $27.22B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $23.21B | Feb 28, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $17.31B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $17.75B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $24.40B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $27.72B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $26.21B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $22.20B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $33.69B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $35.18B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $14.03B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $13.56B | Feb 28, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.35B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $8.24B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $8.24B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $8.24B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $8.26B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $8.26B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $15.65B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $15.83B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $3.59B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $3.59B | Feb 28, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $39.75B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $36.85B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $34.56B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $26.14B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $12.91B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $4.65B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $15.99B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $14.76B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $12.86B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $10.21B | Feb 28, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.67B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.21B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $5.44B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $8.63B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $5.29B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $415.00M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $1.39B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $1.69B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $3.01B | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $887.00M | Feb 28, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2011 | Dec 31, 2011 | $3.30B | Feb 29, 2012 |
| FY2011 | Dec 31, 2010 | $279.00M | Feb 29, 2012 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 10 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 23 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 28 | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | 15 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | (15) | Feb 23, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Feb 28, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 28, 2020 |
| FY2019 | Jun 30, 2019 | 1 | Feb 28, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Feb 28, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 10 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 23 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 28 | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | 15 | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | (15) | Feb 23, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Feb 28, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 28, 2020 |
| FY2019 | Jun 30, 2019 | 1 | Feb 28, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Feb 28, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2011 | Dec 31, 2011 | 357.00M | Feb 29, 2012 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.14B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.15B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.26B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.28B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $1.48B | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $1.51B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $1.40B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $954.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $773.00M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $719.00M | Feb 28, 2019 |