Marathon Petroleum Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.05B | $3.45B | $9.68B | $14.52B | $9.74B | $-9.83B | $2.64B | $2.78B |
| Depreciation & Amortization | $3.25B | $3.34B | $3.31B | $3.22B | $3.36B | $3.38B | $3.23B | $2.17B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $271.0M | $266.0M | $316.0M | $316.0M | $330.0M | $336.0M | $357.0M | $134.0M |
| Stock-Based Compensation | $160.0M | $137.0M | $211.0M | $153.0M | $88.0M | $100.0M | $153.0M | $127.0M |
| Net Cash from Operating Activities | $8.25B | $8.67B | $14.12B | $16.36B | $4.36B | $2.42B | $9.44B | $6.16B |
| Investing Activities | ||||||||
| Capital Expenditures | $3.49B | $2.53B | $1.89B | $2.42B | $1.46B | $2.79B | $4.81B | $3.18B |
| Business Acquisitions | $3.32B | $688.0M | $246.0M | $413.0M | $0 | $0 | $129.0M | $3.82B |
| Net Cash from Investing Activities | $-5.87B | $1.53B | $-3.10B | $623.0M | $14.80B | $-3.26B | $-6.26B | $-7.67B |
| Financing Activities | ||||||||
| Dividends Paid | $1.14B | $1.15B | $1.26B | $1.28B | $1.48B | $1.51B | $1.40B | $954.0M |
| Stock Repurchases | $3.49B | $9.19B | $11.57B | $11.92B | $4.65B | $0 | $1.95B | $3.29B |
| Net Cash from Financing Activities | $-1.92B | $-12.43B | $-14.21B | $-13.65B | $-14.42B | $-135.0M | $-3.38B | $222.0M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $4.77B | $6.13B | $12.23B | $13.94B | $2.90B | $-368.0M | $4.63B | $2.98B |