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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 94,310 | 88,187 | 83,955 | 83,240 | 78,484 | 81,633 | 78,858 | 79,833 | 85,229 | 85,528 | 85,987 | 89,969 |
| Current assets | 34,286 | 28,698 | 24,780 | 24,630 | 23,728 | 27,140 | 24,447 | 25,949 | 31,347 | 31,260 | 32,131 | 36,275 |
| Cash and equivalents | 7,768 | 2,151 | 3,672 | 2,654 | 1,673 | 3,812 | 3,210 | 4,002 | 4,441 | 3,175 | 5,443 | 8,452 |
| Short-term investments | — | — | — | — | — | — | — | 1,141 | 4,058 | 4,399 | 4,781 | 4,604 |
| Receivables | 15,740 | 14,629 | 10,317 | 10,487 | 11,128 | 12,114 | 11,145 | 10,180 | 12,307 | 13,171 | 12,187 | 12,469 |
| Inventory | 9,973 | 10,764 | 10,129 | 9,829 | 10,106 | 10,488 | 9,568 | 9,886 | 9,800 | 9,781 | 9,317 | 10,143 |
| Net property, plant and equipment | 39,428 | 39,104 | 38,890 | 38,357 | 36,204 | 36,192 | 36,328 | 35,734 | 35,873 | 36,218 | 36,345 | 36,000 |
| Goodwill | 9,335 | 9,335 | 9,354 | 9,331 | 8,244 | 8,244 | 8,244 | 8,244 | 8,244 | 8,244 | 8,244 | 8,244 |
| Other intangible assets | 2,593 | 2,658 | 2,714 | 2,749 | — | — | 1,774 | — | — | — | — | — |
| Long-term investments | 7,197 | 6,999 | 6,795 | 6,900 | 7,294 | 7,095 | 6,857 | 6,976 | 6,821 | 6,831 | 6,260 | 6,521 |
| Current liabilities | 27,421 | 24,411 | 19,678 | 18,728 | 19,255 | 22,725 | 20,827 | 21,068 | 24,000 | 21,787 | 20,150 | 21,735 |
| Accounts payable | 19,227 | 17,617 | 12,974 | 12,486 | 13,345 | 14,748 | 13,906 | 12,763 | 14,865 | 15,471 | 13,761 | 15,839 |
| Long-term debt | 30,044 | 30,037 | 29,915 | 30,560 | 26,148 | 26,133 | 23,802 | 23,553 | 23,553 | 24,369 | 24,928 | 25,980 |
| Total debt | 34,292 | 34,326 | 34,358 | 34,203 | 30,035 | — | — | — | — | — | — | — |
| Total liabilities | 68,590 | 64,760 | 59,869 | 59,351 | 55,220 | 58,568 | 54,352 | 54,121 | 57,141 | 55,757 | 54,588 | 57,171 |
| Total equity (incl. minority) | 25,720 | 23,427 | 24,086 | 23,889 | 23,264 | 23,065 | 24,506 | 25,712 | 28,088 | 29,771 | 31,399 | 32,798 |
| Retained earnings | 44,812 | 39,966 | 39,751 | 38,517 | 37,424 | 36,489 | 36,848 | 36,771 | 36,423 | 35,199 | 34,562 | 33,424 |
| Minority interest | 6,643 | 6,674 | 6,772 | 6,792 | 6,640 | 6,669 | 6,761 | 6,779 | 6,764 | 6,849 | 6,995 | 6,936 |