Marathon Financial Statements From 2010 to 2025

MPC Stock  USD 176.47  2.96  1.71%   
Marathon Petroleum's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Marathon Petroleum's valuation are provided below:
Gross Profit
11.8 B
Profit Margin
0.016
Market Capitalization
52.8 B
Enterprise Value Revenue
0.6043
Revenue
133.9 B
We have found one hundred twenty available fundamental ratios for Marathon Petroleum, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Marathon Petroleum's last-minute performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. As of August 27, 2025, Market Cap is expected to decline to about 32.6 B

Marathon Petroleum Total Revenue

100.17 Billion

Check Marathon Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marathon Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 705.6 M or Total Revenue of 100.2 B, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0387 or PTB Ratio of 1.48. Marathon financial statements analysis is a perfect complement when working with Marathon Petroleum Valuation or Volatility modules.
  
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Check out the analysis of Marathon Petroleum Correlation against competitors.

Marathon Petroleum Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets60 B78.9 B59 B
Slightly volatile
Short and Long Term Debt Total17.1 B28.8 B17.2 B
Slightly volatile
Other Current Liabilities1.8 B3.5 B1.7 B
Slightly volatile
Total Current Liabilities13.3 B20.8 B12.7 B
Slightly volatile
Total Stockholder Equity19.2 B17.7 B18.7 B
Slightly volatile
Property Plant And Equipment Net28.6 B36.3 B28 B
Slightly volatile
Current Deferred Revenue1.7 B1.4 B1.5 B
Slightly volatile
Accounts Payable9.6 B13.9 B9.2 B
Slightly volatile
Cash2.8 B3.2 B2.9 B
Slightly volatile
Non Current Assets Total40.2 B54.4 B39.7 B
Slightly volatile
Non Currrent Assets Other1.7 BB1.7 B
Slightly volatile
Cash And Short Term Investments3.9 B3.2 B3.8 B
Slightly volatile
Net ReceivablesB11.1 B6.7 B
Slightly volatile
Good Will6.2 B9.5 B6.3 B
Slightly volatile
Common Stock Shares Outstanding474.5 M341 M570.3 M
Slightly volatile
Liabilities And Stockholders Equity60 B78.9 B59 B
Slightly volatile
Non Current Liabilities Total22.4 B33.5 B22.3 B
Slightly volatile
Inventory6.9 B9.6 B6.7 B
Slightly volatile
Other Current Assets497.8 M524 MB
Pretty Stable
Total Liabilities35.7 B54.4 B35 B
Slightly volatile
Property Plant And Equipment Gross36 B67.6 B35.6 B
Slightly volatile
Total Current Assets19.8 B24.4 B19.3 B
Slightly volatile
Short Term Debt3.6 B3.5 B1.1 B
Slightly volatile
Other Liabilities5.4 B9.6 B5.6 B
Slightly volatile
Other Assets82.8 B78.9 B11.9 B
Slightly volatile
Long Term Debt16.5 B24.4 B15.9 B
Slightly volatile
Intangible Assets2.8 BB2.6 B
Slightly volatile
Property Plant Equipment29.8 B36.3 B28.3 B
Slightly volatile
Net Tangible Assets14.3 B23.5 B13.9 B
Slightly volatile
Retained Earnings38.7 B36.8 B14.8 B
Slightly volatile
Common Stock Total EquityM11.5 M7.5 M
Slightly volatile
Retained Earnings Total Equity31.6 B30.1 B13.4 B
Slightly volatile
Capital Surpluse24 B33.6 B21.2 B
Slightly volatile
Long Term Investments4.5 B6.9 B3.9 B
Slightly volatile
Common Stock8.6 M11.5 M7.8 M
Slightly volatile
Long Term Debt Total19.7 B24.4 B16.2 B
Slightly volatile
Non Current Liabilities Other1.8 B1.3 B1.6 B
Slightly volatile
Short and Long Term Debt3.2 BB922.9 M
Slightly volatile
Warrants785.5 M871.2 M968.6 M
Slightly volatile
Cash And Equivalents3.1 B3.2 B2.1 B
Slightly volatile
Net Invested Capital56.2 B45.2 B40.9 B
Slightly volatile
Net Working Capital3.4 B3.6 B5.7 B
Slightly volatile
Capital StockMM9.8 M
Slightly volatile
Capital Lease Obligations1.2 B1.3 BB
Slightly volatile

Marathon Petroleum Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.2 B3.4 B2.2 B
Slightly volatile
Interest Expense705.6 M1.3 B724.7 M
Slightly volatile
Total Revenue100.2 B138.5 B96.9 B
Slightly volatile
Gross Profit7.5 BB7.5 B
Slightly volatile
Other Operating Expenses95 B132.7 B91.6 B
Slightly volatile
Cost Of Revenue92.7 B129.5 B89.4 B
Slightly volatile
Total Operating Expenses2.3 B3.2 B2.2 B
Slightly volatile
Selling General Administrative2.2 B3.2 B2.1 B
Slightly volatile
Selling And Marketing Expenses2.6 M2.7 M74.8 M
Very volatile
Non Recurring10.6 B10.1 B3.8 B
Slightly volatile
Interest Income585.8 M505 M459.4 M
Slightly volatile
Discontinued Operations78.7 M82.8 M1.4 B
Very volatile
Reconciled Depreciation3.4 B3.3 B2.7 B
Slightly volatile

Marathon Petroleum Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow5.7 B5.4 B2.9 B
Slightly volatile
Depreciation2.2 B3.3 B2.2 B
Slightly volatile
Capital Expenditures2.5 B2.5 B2.3 B
Slightly volatile
Total Cash From Operating Activities6.2 B8.7 B6.1 B
Slightly volatile
End Period Cash Flow2.8 B3.2 B2.9 B
Slightly volatile
Dividends Paid1.1 B1.2 B995 M
Slightly volatile
Issuance Of Capital Stock23.8 M25 M47.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.270.34340.337
Slightly volatile
Dividend Yield0.03870.02430.0355
Slightly volatile
PTB Ratio1.482.68071.8626
Very volatile
Days Sales Outstanding19.7729.367723.7505
Slightly volatile
Book Value Per Share75.4671.865146.576
Slightly volatile
Operating Cash Flow Per Share26.6825.410612.9082
Slightly volatile
Capex To Depreciation0.720.75911.2811
Slightly volatile
PB Ratio1.482.68071.8626
Very volatile
EV To Sales0.380.52790.4814
Slightly volatile
Inventory Turnover15.6613.532914.2559
Slightly volatile
Days Of Inventory On Hand22.1726.971327.6146
Pretty Stable
Payables Turnover10.979.311310.3037
Slightly volatile
Capex To Revenue0.0320.01830.0272
Pretty Stable
Cash Per Share5.389.41357.1802
Slightly volatile
POCF Ratio7.715.48987.1799
Slightly volatile
Capex To Operating Cash Flow0.280.29230.6599
Slightly volatile
Days Payables Outstanding30.4639.199736.4806
Slightly volatile
EV To Operating Cash Flow10.688.438310.0724
Very volatile
Intangibles To Total Assets0.06520.10450.0858
Slightly volatile
Current Ratio1.161.17381.4661
Pretty Stable
Tangible Book Value Per Share24.1847.689132.2366
Slightly volatile
Receivables Turnover17.3312.428616.2833
Slightly volatile
Graham Number11410973.5242
Slightly volatile
Shareholders Equity Per Share54.6452.038135.7333
Slightly volatile
Debt To Equity1.71.62060.8843
Slightly volatile
Capex Per Share7.87.42824.4489
Slightly volatile
Revenue Per Share427406198
Slightly volatile
Interest Debt Per Share92.6988.275738.3124
Slightly volatile
Debt To Assets0.190.36470.2508
Slightly volatile
Short Term Coverage Ratios2.72.841970.1054
Slightly volatile
Operating Cycle41.9456.33951.3652
Slightly volatile
Price Book Value Ratio1.482.68071.8626
Very volatile
Days Of Payables Outstanding30.4639.199736.4806
Slightly volatile
Price To Operating Cash Flows Ratio7.715.48987.1799
Slightly volatile
Ebt Per Ebit0.951.02481.1749
Very volatile
Company Equity Multiplier2.424.4443.0513
Slightly volatile
Long Term Debt To Capitalization0.310.57930.407
Slightly volatile
Total Debt To Capitalization0.330.61840.42
Slightly volatile
Debt Equity Ratio1.71.62060.8843
Slightly volatile
Quick Ratio0.730.71440.9151
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.432.35011.887
Slightly volatile
Net Income Per E B T0.550.57780.6866
Very volatile
Cash Ratio0.160.15410.2175
Very volatile
Cash Conversion Cycle11.4717.139314.884
Slightly volatile
Operating Cash Flow Sales Ratio0.04610.06260.0579
Slightly volatile
Days Of Inventory Outstanding22.1726.971327.6146
Pretty Stable
Days Of Sales Outstanding19.7729.367723.7505
Slightly volatile
Cash Flow Coverage Ratios0.580.30130.5028
Slightly volatile
Price To Book Ratio1.482.68071.8626
Very volatile
Fixed Asset Turnover4.433.8134.041
Slightly volatile
Capital Expenditure Coverage Ratio2.133.42082.7887
Slightly volatile
Price Cash Flow Ratio7.715.48987.1799
Slightly volatile
Debt Ratio0.190.36470.2508
Slightly volatile
Cash Flow To Debt Ratio0.580.30130.5028
Slightly volatile
Price Sales Ratio0.270.34340.337
Slightly volatile
Asset Turnover2.191.75651.973
Slightly volatile
Gross Profit Margin0.05450.06520.071
Pretty Stable
Price Fair Value1.482.68071.8626
Very volatile

Marathon Petroleum Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap32.6 B54.3 B42.8 B
Slightly volatile
Enterprise Value33 B39.3 B41 B
Pretty Stable

Marathon Fundamental Market Drivers

Forward Price Earnings23.0947
Cash And Short Term Investments3.2 B

Marathon Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Marathon Petroleum Financial Statements

Marathon Petroleum stakeholders use historical fundamental indicators, such as Marathon Petroleum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Marathon Petroleum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Marathon Petroleum's assets and liabilities are reflected in the revenues and expenses on Marathon Petroleum's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Marathon Petroleum Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.4 B1.7 B
Total Revenue138.5 B100.2 B
Cost Of Revenue129.5 B92.7 B
Capex To Revenue 0.02  0.03 
Revenue Per Share 406.21  426.52 
Ebit Per Revenue 0.04  0.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:
Check out the analysis of Marathon Petroleum Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Petroleum. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
3.64
Earnings Share
6.89
Revenue Per Share
422.278
Quarterly Revenue Growth
(0.11)
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.