Marathon Petroleum Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $132.70B | $138.86B | $150.31B | $180.01B | $120.93B | $70.76B | $111.15B |
| Sales and other operating revenues | — | — | — | $148.35B | $177.65B | $119.98B | $69.79B | — |
| Income from equity method investments | — | — | — | $553.0M | $493.0M | $482.0M | $434.0M | — |
| Other income | — | — | — | $1.41B | $1.87B | $465.0M | $535.0M | — |
| Cost of Revenue | — | $119.45B | $126.24B | $128.57B | $151.67B | $110.01B | $65.73B | $99.23B |
| Gross Profit | — | $13.25B | $12.62B | $21.74B | $28.34B | $10.92B | $5.02B | $11.92B |
| Gross Margin | — | 10.0% | 9.1% | 14.5% | 15.7% | 9.0% | 7.1% | 10.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $3.35B | $3.22B | $3.04B | $2.77B | $2.54B | $2.71B | $3.19B |
| Operating Income | — | $8.29B | $6.80B | $14.51B | $21.47B | $4.30B | $-12.25B | $4.46B |
| Operating Margin | — | 6.2% | 4.9% | 9.7% | 11.9% | 3.6% | -17.3% | 4.0% |
| Interest Expense | — | $1.49B | $1.37B | $1.33B | $1.30B | $1.34B | $1.46B | $1.39B |
| Pretax Income | — | $7.02B | $5.96B | $13.99B | $20.47B | $2.82B | $-13.61B | $3.23B |
| Income Tax Expense | — | $1.14B | $890.0M | $2.82B | $4.49B | $264.0M | $-2.43B | $784.0M |
| Net Income | — | $4.05B | $3.45B | $9.68B | $14.52B | $9.74B | $-9.83B | $2.64B |
| Net Margin | — | 3.0% | 2.5% | 6.4% | 8.1% | 8.1% | -13.9% | 2.4% |
| EPS (Basic) | — | $13.24 | $10.11 | $23.73 | $28.31 | $15.34 | $-15.13 | $4.00 |
| EPS (Diluted) | — | $13.22 | $10.08 | $23.63 | $28.12 | $15.24 | $-15.13 | $3.97 |
| Shares Outstanding (Basic) | 294.7M | 305.0M | 340.0M | 407.0M | 512.0M | 634.0M | 649.0M | 659.0M |
| Shares Outstanding (Diluted) | 294.7M | 306.0M | 341.0M | 409.0M | 516.0M | 638.0M | 649.0M | 664.0M |
| Dividends Per Share | — | $3.73 | $3.39 | $3.08 | $2.49 | $2.32 | $2.32 | $2.12 |