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