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.
| All figures in billions of USD | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 | 2022 2022-01-01 - 2022-12-31 |
|---|---|---|---|
| Revenues and other income | — | — | — |
| Sales and other operating revenues | 138.86a | 148.38a | 177.45a |
| Income from equity method investments | 1.05a | 0.74a | 0.66a |
| Net gain on disposal of assets | 0.03a | 0.22a | 1.06a |
| Other income | 0.47a | 0.97a | 0.78a |
| Total revenues and other income | 140.41a | 150.31a | 179.95a |
| Costs and expenses | — | — | — |
| Cost of revenues (excludes items below) | -126.24a | -128.57a | -151.67a |
| Depreciation and amortization | -3.34a | -3.31a | -3.22a |
| Selling, general and administrative expenses | -3.22a | -3.04a | -2.77a |
| Other taxes | -0.82a | -0.88a | -0.83a |
| Total costs and expenses | -133.62a | -135.79a | -158.48a |
| Income from continuing operations | 6.8a | 14.51a | 21.47a |
| Net interest and other financial costs | -0.84a | -0.53a | -1a |
| Income from continuing operations before income taxes | 5.96a | 13.99a | 20.47a |
| Provision for income taxes on continuing operations | -0.89a | -2.82a | -4.49a |
| Income from continuing operations, net of tax | 5.07a | 11.17a | 15.98a |
| Income from discontinued operations, net of tax | 0a | 0a | 0.07a |
| Net income | 5.07a | 11.17a | 16.05a |
| Less net income attributable to | — | — | — |
| Redeemable noncontrolling interest | 0.03a | 0.09a | 0.09a |
| Noncontrolling interests | 1.6a | 1.4a | 1.45a |
| Net income attributable to MPC | 3.45a | 9.68a | 14.52a |
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