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Marathon Petroleum Corporation

MPC · Updated 10/26/2026

Revenue

$132.7B

Fiscal 2025

Net income

$4.0B

Fiscal 2025

Free cash flow

$4.8B

Fiscal 2025

Net cash / (debt)

—

Fiscal 2025

Five-year financials

Fiscal year20252024202320222021
Revenue$132.7B$138.9B$148.4B$177.5B$120.0B
Net income$4.0B$3.4B$9.7B$14.5B$9.7B
Diluted EPS—————
Operating cash flow$8.3B$8.7B$14.1B$16.4B$4.4B
Free cash flow$4.8B$6.1B$12.2B$13.9B$2.9B
Cash$3.7B$3.2B$5.4B$8.6B$5.3B
Total debt—————

Where the cash went

Cumulative, fiscal 2021–2025, straight from the reported cash-flow statements.

Reinvested in capex

22.8%

of operating cash flow

Returned to owners

—

of free cash flow (buybacks + dividends)

Diluted share count

—

change 2021–2025

Capital expenditure $11.8BBar width = share of $51.8B operating cash flow
Operating cash flow$51.8B
Capital expenditure($11.8B)
Free cash flow$40.0B
Share buybacks—
Dividends paid—
Acquisitions (net)—
Net debt issued / (repaid)—
Stock-based compensation (non-cash)—

"—" means a year didn't report that line, so no total is shown rather than an estimate.

SEC filings

  • 10-K · period 2025-12-312026-02-26EDGAR

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