Marathon Petroleum Corp

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income

(In millions, except per share data)	2025	2024	2023
Revenues and other income:
Sales and other operating revenues	$132,699	$138,864	$148,379
Income from equity method investments	1,622	1,048	742
Net gain on disposal of assets	173	28	217
Other income	728	472	969
Total revenues and other income	135,222	140,412	150,307
Costs and expenses:
Cost of revenues (excludes items below)	119,446	126,240	128,566
Depreciation and amortization	3,251	3,337	3,307
Selling, general and administrative expenses	3,349	3,221	3,039
Other taxes	885	818	881
Total costs and expenses	126,931	133,616	135,793
Income from operations	8,291	6,796	14,514
Net interest and other financial costs	1,276	839	525
Income before income taxes	7,015	5,957	13,989
Provision for income taxes	1,137	890	2,817
Net income	5,878	5,067	11,172
Less net income attributable to:
Redeemable noncontrolling interest	—	27	94
Noncontrolling interests	1,831	1,595	1,397
Net income attributable to MPC	$4,047	$3,445	$9,681
Per share data (See Note 8)
Basic:
Net income attributable to MPC per share	$13.24	$10.11	$23.73
Weighted average shares outstanding	305	340	407
Diluted:
Net income attributable to MPC per share	$13.22	$10.08	$23.63
Weighted average shares outstanding	306	341	409

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.