MARATHON PETROLEUM financials
$392.03+0.67%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.99B | $34.39B | $32.57B | $34.81B | $33.80B | $31.62B | $33.14B | $35.11B | $37.91B | $32.71B | $36.26B | $40.92B |
| Gross profit | $8.93B | $3.13B | $3.71B | $3.61B | $3.77B | $2.26B | $2.58B | $2.96B | $3.97B | $3.11B | $3.67B | $5.99B |
| Gross margin | 17.2% | 9.1% | 11.4% | 10.4% | 11.2% | 7.1% | 7.8% | 8.4% | 10.5% | 9.5% | 10.1% | 14.6% |
| Operating income | $7.07B | $1.23B | $2.32B | $1.74B | $1.98B | $457.0M | $878.0M | $1.13B | $2.15B | $1.56B | $2.11B | $4.43B |
| Net income | $5.14B | $511.0M | $1.53B | $1.37B | $1.22B | -$74.0M | $370.0M | $622.0M | $1.51B | $937.0M | $1.45B | $3.28B |
| Net margin | 9.9% | 1.5% | 4.7% | 3.9% | 3.6% | −0.2% | 1.1% | 1.8% | 4.0% | 2.9% | 4.0% | 8.0% |
| Diluted EPS | $17.73 | $1.73 | $5.11 | $4.51 | $3.96 | $-0.24 | $1.16 | $1.87 | $4.33 | $2.58 | $3.87 | $8.28 |
| EBITDA | $7.91B | $2.04B | $3.15B | $2.58B | $2.77B | $1.25B | $1.70B | $1.98B | $2.99B | $2.39B | $2.11B | $5.27B |
| Operating cash flow | $10.33B | $1.12B | $3.07B | $2.61B | $2.64B | -$64.0M | $2.21B | $1.68B | $3.24B | $1.53B | $1.12B | $4.95B |
| Free cash flow | $9.14B | $208.0M | $1.89B | $1.66B | $1.94B | -$727.0M | $1.40B | $1.03B | $2.75B | $947.0M | $591.0M | $4.53B |
| Diluted shares | 290.0M | 295.0M | 300.0M | 304.0M | 307.0M | 313.0M | 320.0M | 332.0M | 350.0M | 362.0M | 374.0M | 396.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.77B | $2.15B | $3.67B | $2.65B | $1.67B | $3.81B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $32.82B | $32.83B | $32.88B | $32.84B | $28.65B | $30.91B |
| Total assets | $94.31B | $88.19B | $83.95B | $83.24B | $78.48B | $81.63B |
| Total liabilities | $68.59B | $64.76B | $59.87B | $59.35B | $55.22B | $58.57B |
| Shareholders' equity | $25.72B | $23.43B | $24.09B | $23.89B | $23.26B | $23.07B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology