Marathon Petroleum revenue and financials
$432.36Change from previous close: −0.26%Absolute change: −$1.11
In the fiscal year ended December 2025, Marathon Petroleum reported revenue of $132.7B (−4.44% year over year). Net income was $4.05B, a net margin of 3.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −4.44%
- 2025 vs 2024
- Net income growth
- +17.47%
- 2025 vs 2024
- Net margin
- 3.0%
- 2024: 2.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 8,253 | 8,665 | 14,117 | 16,361 | 4,360 | 2,419 | 9,441 | 6,158 | 6,612 | 4,017 |
| Depreciation and amortization | 3,251 | 3,337 | 3,307 | 3,215 | 3,364 | 3,375 | 3,225 | 2,170 | 2,114 | 2,001 |
| Capital expenditure | -3,486 | -2,533 | -1,890 | -2,420 | -1,464 | -2,787 | -4,810 | -3,179 | -2,732 | -2,892 |
| Investing cash flow | -5,867 | 1,534 | -3,095 | 623 | 14,797 | — | — | — | — | — |
| Financing cash flow | -1,924 | -12,434 | -14,207 | -13,647 | -14,419 | — | — | — | — | — |
| Dividends paid | -1,140 | -1,154 | -1,261 | -1,279 | -1,484 | -1,510 | -1,398 | -954 | -773 | -719 |
| Share repurchases | -3,488 | -9,189 | -11,572 | -11,922 | -4,654 | 0.0 | -1,950 | -3,287 | -2,372 | -197 |
| Debt issued | 16,221 | 1,631 | 1,589 | 3,379 | 19,564 | — | — | — | — | — |
| Debt repaid | -11,518 | -1,984 | -1,079 | -2,280 | -25,837 | — | — | — | — | — |
| Net change in cash | 462 | -2,235 | -3,185 | 3,337 | 4,738 | — | — | — | — | — |
| Free cash flow | 4,767 | 6,132 | 12,227 | 13,941 | 2,896 | — | — | — | — | — |
| Levered free cash flow | 2,569 | 3,980 | 10,008 | 10,427 | 16,336 | — | — | — | — | — |