Marathon Petroleum Corporation income statement & cash flow
In the fiscal year ended Dec 31, 2025, Marathon Petroleum Corporation reported net income of $4.05B on revenue of $132.70B. Operating cash flow was $8.25B and capital expenditures were $3.49B, leaving $4.77B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63.28B | $74.73B | $86.09B | $111.15B | $69.78B | $119.98B | $177.45B | $148.38B | $138.86B | $132.70B |
| Operating income | $2.39B | $4.02B | $4.69B | $4.46B | −$12.25B | $4.30B | $21.47B | $14.51B | $6.80B | $8.29B |
| Net income | $1.17B | $3.43B | $2.78B | $2.64B | −$9.83B | $9.74B | $14.52B | $9.68B | $3.44B | $4.05B |
| Diluted EPS | $2.21 | $6.70 | $5.28 | $3.97 | −$15.13 | $15.24 | $28.12 | $23.63 | $10.08 | $13.22 |
| Operating cash flow | $4.02B | $6.61B | $6.16B | $9.44B | $2.42B | $4.36B | $16.36B | $14.12B | $8.66B | $8.25B |
| Capital expenditures | $2.89B | $2.73B | $3.18B | $4.81B | $2.79B | $1.46B | $2.42B | $1.89B | $2.53B | $3.49B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 6.2% | 3.0% |
| Dec 2024 | — | 4.9% | 2.5% |
| Dec 2023 | — | 9.8% | 6.5% |
| Dec 2022 | — | 12.1% | 8.2% |
| Dec 2021 | — | 3.6% | 8.1% |
Source: SEC EDGAR XBRL company facts for CIK 1510295 (raw data). Most recent filing in this dataset: 10-Q filed Nov 3, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.