MPC · XBRL financial data

Marathon Petroleum financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (MPC's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	36,255*	32,706	37,914	35,107	33,137*	31,517	33,799	34,809	32,574*	34,200	51,994	56,032
Cost of goods and services sold	32,582*	29,593	33,945	32,144	30,558*	29,360	30,025	31,200	28,861*	31,261	43,064	43,795
Selling, general and administrative	820*	779	823	815	804*	783	867	863	836*	867	894	1,100
Operating income (loss)	2,395*	1,784	2,522	1,349	1,141*	687	2,197	2,713	2,694*	1,404	7,322	10,450
Interest income	149*	101	105	102	68*	46	31	41	41*	33	61	116
Interest expense	331*	341	341	352	331*	352	359	368	410*	420	433	432
Income tax expense (benefit)	407*	293	373	113	111*	37	268	460	372*	183	1,444	2,285
Net income (loss)	1,451*	937	1,515	622	371*	(74)	1,216	1,370	1,535*	511	5,138	7,447
Earnings per share, basic USD per share	3.88*	2.59	4.34	1.88	1.16*	(0.24)	3.96	4.51	5.16*	1.73	17.76	26.66
Earnings per share, diluted USD per share	3.87*	2.58	4.33	1.87	1.16*	(0.24)	3.96	4.51	5.11*	1.73	17.73	26.59
Weighted average shares, basic millions of shares	374*	361	349	331	319*	313	307	303	297*	295	289	279
Weighted average shares, diluted millions of shares	375*	362	350	332	320*	313	307	304	300*	295	290	280

Balance sheet

CSV

Fiscal quarters (MPC's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	5,443	3,175	4,441	4,002	3,210	3,812	1,673	2,654	3,672	2,151	7,768	12,805
Short-term investments	4,781	4,399	4,058	1,141	0	—	—	—	0	—	—	804
Accounts receivable	11,619	13,171	12,307	10,180	11,145	12,114	11,128	10,487	10,317	14,629	15,740	17,434
Inventory	9,317	9,781	9,800	9,886	9,568	10,488	10,106	9,829	10,129	10,764	9,973	10,196
Total current assets	32,131	31,260	31,347	25,949	24,447	27,140	23,728	24,630	24,780	28,698	34,286	42,002
Right-of-use asset	1,233	1,255	1,187	1,192	1,300	1,249	1,399	1,373	1,493	1,507	1,486	1,442
Goodwill	8,244	8,244	8,244	8,244	8,244	8,244	8,244	9,331	9,354	9,335	9,335	9,335
Total assets	85,987	85,528	85,229	79,833	78,858	81,633	78,484	83,240	83,955	88,187	94,310	102,514
Accounts payable	13,761	15,471	14,865	12,763	13,906	14,748	13,345	12,486	12,974	17,617	19,227	20,578
Total current liabilities	20,150	21,787	24,000	21,068	20,827	22,725	19,255	18,728	19,678	24,411	27,421	29,055
Lease liability, non-current	764	770	711	691	860	817	935	918	993	1,000	977	932
Total liabilities	54,588	55,757	57,141	54,121	54,352	58,568	55,220	59,351	59,869	64,760	68,590	72,662
Retained earnings	34,562	35,199	36,423	36,771	36,848	36,489	37,424	38,517	39,751	39,966	44,812	51,979
Total stockholders' equity	24,404	22,922	21,324	18,933	17,745	16,396	16,624	17,097	17,314	16,753	19,077	23,209
Total liabilities and equity	85,987	85,528	85,229	79,833	78,858	81,633	78,484	83,240	83,955	88,187	94,310	102,514
Common shares outstanding (cover page) millions of shares	361	352	335	321	313	307	304	301	295	292	281	272

Cash flows

CSV

Fiscal quarters (MPC's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	1,451*	937	1,515	622	371*	(74)	1,216	1,370	1,535*	511	5,138	7,447
Stock-based compensation	year only	—	—	—	year only	—	—	—	year only	—	—	—
Depreciation and amortization	828*	827	838	846	826*	793	789	841	828*	809	838	836
Net cash from operating activities	1,123*	1,532	3,242*	1,684*	2,207*	(64)	2,639*	2,609*	3,069*	1,121	10,327*	10,732*
Purchases of property and equipment	532*	585	487*	651*	810*	663	695*	947*	1,181*	913	1,186*	1,127*
Net cash from investing activities	(964)*	(824)	17*	2,034*	307*	(923)	(974)*	(3,756)*	(214)*	(1,047)	(1,394)*	(2,130)*
Proceeds from issuing common stock	2*	11	8*	0*	6*	23	0*	1*	0*	1	1*	1*
Share repurchases	2,505*	2,218	2,896	2,701	1,374*	1,057	780*	650*	1,001*	750	2,533*	3,005*
Dividends paid	311*	299	290*	273*	292*	285	279*	276*	300*	295	290*	279*
Net cash from financing activities	(3,169)*	(2,977)	(1,993)*	(4,157)*	(3,307)*	1,589	(3,804)*	2,127*	(1,836)*	(1,596)	(3,316)*	(3,563)*

Compare with peers

SIC 2911 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 2911 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Marathon Petroleum	12,805	56,032	10,732*	272.3M	Q3 FY26 10-QSep 30, 2026
Phillips 66	5,848	50,540	7,281*	390.1M	Q3 FY26 10-QSep 30, 2026
Valero Energy	9,840	46,098	6,932*	278.9M	Q3 FY26 10-QSep 30, 2026
ExxonMobil Holdings	12,153	113,164	25,650*	4.1B	Q3 FY26 10-QSep 30, 2026
Conocophillips	6,574	19,161	7,434*	1.2B	Q2 FY26 10-QJun 30, 2026
Imperial Oil	2,893	16,205	not reported	472.0M	Q3 FY26 10-QSep 30, 2026
SunocoCorp	not reported	14,259	1,101*	51.5M	Q2 FY26 10-QJun 30, 2026
Chevron	9,582	70,055	22,633*	2.0B	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.