Marathon Petroleum Corp

Common Name

Marathon Petroleum

Country

United States

Sector

Energy

Industry

Oil & Gas Refining & Marketing

Employees

18,300

Ticker

MPC

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.marathonpetroleum.com

Description

Marathon Petroleum Corporation is a leading integrated downstream energy company headquartered in Findlay, Ohio. The company operates across three principal segments: Refining & Marketing, Midstream, ... Show more

Financial Statements of Marathon Petroleum

Below are the financial statements of Marathon Petroleum, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of USD	2024	2023
Assets	—	—
Cash and cash equivalents	3.21^a	5.44^a
Short-term investments	0^a	4.78^a
Receivables, less allowance for doubtful accounts of $73 and $44, respectively	11.15^a	12.19^a
Inventories	9.57^a	9.32^a
Other current assets	0.52^a	0.4^a
Total current assets	24.45^a	32.13^a
Equity method investments	6.86^a	6.26^a
Property, plant and equipment, net	35.03^a	35.11^a
Goodwill	8.24^a	8.24^a
Right of use assets	1.3^a	1.23^a
Other noncurrent assets	2.98^a	3.01^a
Total assets	78.86^a	85.99^a
Liabilities	—	—
Accounts payable	13.91^a	13.76^a
Payroll and benefits payable	1.1^a	1.12^a
Accrued taxes	1.2^a	1.22^a
Debt due within one year	3.05^a	1.95^a
Operating lease liabilities	0.42^a	0.45^a
Other current liabilities	1.16^a	1.65^a
Total current liabilities	20.83^a	20.15^a
Long-term debt	24.43^a	25.33^a
Deferred income taxes	5.77^a	5.83^a
Defined benefit postretirement plan obligations	1.16^a	1.1^a
Long-term operating lease liabilities	0.86^a	0.76^a
Deferred credits and other liabilities	1.31^a	1.41^a
Total liabilities	54.35^a	54.59^a
Redeemable noncontrolling interest	0.2^a	0.9^a
Equity	—	—
Preferred stock	0^a	0^a
Common stock	0.01^a	0.01^a
Held in treasury, at cost	-52.62^a	-43.5^a
Additional paid-in capital	33.62^a	33.47^a
Retained earnings	36.85^a	34.56^a
Accumulated other comprehensive loss	-0.11^a	-0.13^a
Total MPC stockholders’ equity	17.75^a	24.4^a
Noncontrolling interests	6.56^a	6.1^a
Total equity	24.3^a	30.5^a
Total liabilities, redeemable noncontrolling interest and equity	78.86^a	85.99^a

Verified Sources Behind Marathon Petroleum’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Marathon Petroleum’s data sources below and access millions more through our Disclosure Search.

a. Marathon Petroleum's Annual Report 2024

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Marathon Petroleum Corp

Financial Statements of Marathon Petroleum

Verified Sources Behind Marathon Petroleum’s Financial Fundamentals Data

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