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 revenue | 52,083 | 34,392 | 32,796 | 34,875 | 33,883 | 31,620 | 33,203 | 35,156 | 37,990 | 32,987 | 36,537 | 41,258 |
| Cost of revenue | 43,064 | 31,261 | 28,861 | 31,200 | 30,025 | 29,360 | 30,558 | 32,144 | 33,945 | 29,593 | 32,582 | 34,928 |
| Gross profit | 9,019 | 3,131 | 3,935 | 3,675 | 3,858 | 2,260 | 2,645 | 3,012 | 4,045 | 3,394 | 3,955 | 6,330 |
| Selling, general and administrative | 899 | 872 | 842 | 869 | 873 | 788 | 796 | 807 | 812 | 768 | 799 | 804 |
| Operating income | 7,063 | 1,223 | 2,062 | 1,733 | 1,973 | 452 | 886 | 1,140 | 2,161 | 1,571 | 2,130 | 4,448 |
| EBIT | 7,063 | 1,223 | 2,062 | 1,733 | 1,973 | 452 | 886 | 1,140 | 2,161 | 1,571 | 2,130 | 4,448 |
| EBITDA | 7,901 | 2,032 | 2,890 | 2,574 | 2,762 | 1,245 | 1,712 | 1,986 | 2,999 | 2,398 | 2,958 | 5,293 |
| Interest expense | 394 | 386 | 377 | 341 | 337 | 334 | 314 | 337 | 328 | 329 | 318 | 320 |
| Pre-tax income | 6,982 | 1,034 | 2,351 | 2,403 | 1,878 | 383 | 896 | 1,128 | 2,328 | 1,605 | 2,284 | 4,635 |
| Income tax | 1,444 | 183 | 372 | 460 | 268 | 37.0 | 111 | 113 | 373 | 293 | 407 | 1,004 |
| Net income | 5,138 | 511 | 1,535 | 1,370 | 1,216 | -74.0 | 371 | 622 | 1,515 | 937 | 1,451 | 3,280 |
| Net income to common shareholders | 5,133 | 511 | 1,534 | 1,368 | 1,215 | -74.0 | 370 | 622 | 1,514 | 936 | 1,449 | 3,278 |
| Basic EPS | 17.76 | 1.73 | 5.13 | 4.51 | 3.96 | -0.24 | 1.16 | 1.88 | 4.34 | 2.59 | 3.85 | 8.32 |
| Diluted EPS | 17.73 | 1.73 | 5.12 | 4.51 | 3.96 | -0.24 | 1.14 | 1.87 | 4.33 | 2.58 | 3.83 | 8.28 |
| Average shares (basic) | 289 | 295 | 299 | 303 | 307 | 313 | 320 | 331 | 349 | 361 | 376 | 394 |
| Average shares (diluted) | 290 | 295 | 300 | 304 | 307 | 313 | 321 | 332 | 350 | 362 | 377 | 396 |
| Dividend per share | 1.00 | 1.00 | 1.00 | 1.00 | 0.91 | 0.91 | 0.91 | 0.91 | 0.83 | 0.83 | 0.83 | 0.83 |