Marathon Petroleum Corp

For the period ended Mar 31, 2025. Filed May 6, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 6, 2025

MPC$389.55-0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Unaudited)

	Three Months Ended March 31,
(In millions, except per share data)	2025	2024
Revenues and other income:
Sales and other operating revenues	$31,517	$32,706
Income from equity method investments	230	204
Net gain on disposal of assets	—	20
Other income	103	281
Total revenues and other income	31,850	33,211
Costs and expenses:
Cost of revenues (excludes items below)	29,360	29,593
Depreciation and amortization	793	827
Selling, general and administrative expenses	783	779
Other taxes	227	228
Total costs and expenses	31,163	31,427
Income from operations	687	1,784
Net interest and other financial costs	304	179
Income before income taxes	383	1,605
Provision for income taxes	37	293
Net income	346	1,312
Less net income attributable to:
Redeemable noncontrolling interest	—	10
Noncontrolling interests	420	365
Net income (loss) attributable to MPC	$(74)	$937
Per share data (See Note 7)
Basic:
Net income (loss) attributable to MPC per share	$(0.24)	$2.59
Weighted average shares outstanding	313	361
Diluted:
Net income (loss) attributable to MPC per share	$(0.24)	$2.58
Weighted average shares outstanding	313	362

ContentsView on SEC.gov

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