MPC · XBRL financial data

Marathon Petroleum financial statements, every fiscal year

The same tables from 7 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 years (MPC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	69,779	119,983	177,453	148,379	138,864	132,699
Cost of goods and services sold	65,733	110,008	151,671	128,566	126,240	119,446
Selling, general and administrative	2,710	2,537	2,772	3,039	3,221	3,349
Operating income (loss)	(12,247)	4,300	21,469	14,514	6,796	8,291
Interest income	9	14	191	530	376	159
Interest expense	1,462	1,340	1,299	1,325	1,365	1,489
Income tax expense (benefit)	(2,430)	264	4,491	2,817	890	1,137
Net income (loss)	(9,826)	9,738	14,516	9,681	3,445	4,047
Earnings per share, basic USD per share	(15.13)	15.34	28.31	23.73	10.11	13.24
Earnings per share, diluted USD per share	(15.13)	15.24	28.12	23.63	10.08	13.22
Weighted average shares, basic millions of shares	649	634	512	407	340	305
Weighted average shares, diluted millions of shares	649	638	516	409	341	306

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	415	5,291	8,625	5,443	3,210	3,672
Short-term investments	—	5,548	3,145	4,781	0	0
Accounts receivable	5,760	11,034	13,477	11,619	11,145	10,317
Inventory	7,999	8,055	8,827	9,317	9,568	10,129
Total current assets	28,287	30,496	35,242	32,131	24,447	24,780
Property and equipment, net	39,035	—	—	—	—	—
Right-of-use asset	1,521	1,372	1,214	1,233	1,300	1,493
Goodwill	8,256	8,256	8,244	8,244	8,244	9,354
Total assets	85,158	85,373	89,904	85,987	78,858	83,955
Accounts payable	7,803	13,700	15,312	13,761	13,906	12,974
Total current liabilities	15,663	17,898	20,020	20,150	20,827	19,678
Lease liability, non-current	1,014	927	841	764	860	993
Total liabilities	54,938	51,792	54,817	54,588	54,352	59,869
Retained earnings	4,650	12,905	26,142	34,562	36,848	39,751
Total stockholders' equity	22,199	26,206	27,715	24,404	17,745	17,314
Total liabilities and equity	85,158	85,373	89,904	85,987	78,858	83,955
Common shares outstanding (cover page) millions of shares	651	565	446	361	313	295

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(9,826)	9,738	14,516	9,681	3,445	4,047
Stock-based compensation	100	88	153	211	137	160
Depreciation and amortization	3,375	3,364	3,215	3,307	3,337	3,251
Net cash from operating activities	2,419	4,360	16,361	14,117	8,665	8,253
Purchases of property and equipment	2,787	1,464	2,420	1,890	2,533	3,486
Net cash from investing activities	(3,257)	14,797	623	(3,095)	1,534	(5,867)
Proceeds from issuing common stock	11	106	243	62	25	24
Share repurchases	0	4,654	11,922	11,572	9,189	3,488
Dividends paid	1,510	1,484	1,279	1,261	1,154	1,140
Net cash from financing activities	(135)	(14,419)	(13,647)	(14,207)	(12,434)	(1,924)

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.