MPC
Income statement / Annual
Last year (2023), Marathon Petroleum Corporation's total revenue was $148.46 B,
a decrease of 16.71% from the previous year.
In 2023, Marathon Petroleum Corporation's net income was $9.68 B.
See Marathon Petroleum Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$148.46 B
|
$178.24 B
|
$120.45 B
|
$69.90 B
|
$111.28 B
|
$86.28 B
|
$75.05 B
|
$63.52 B
|
$64.47 B
|
$91.25 B
|
| Cost of Revenue |
$131.86 B |
$151.67 B |
$110.01 B |
$65.73 B |
$99.23 B |
$77.05 B |
$67.09 B |
$56.82 B |
$56.26 B |
$84.28 B |
| Gross Profit |
$16.60 B |
$26.57 B |
$10.44 B |
$4.16 B |
$12.05 B |
$9.24 B |
$7.96 B |
$6.70 B |
$8.21 B |
$6.98 B |
| Gross Profit Ratio |
0.11 |
0.15 |
0.09 |
0.06 |
0.11 |
0.11 |
0.11 |
0.11 |
0.13 |
0.08 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$3.04 B
|
$2.77 B
|
$2.54 B
|
$2.71 B
|
$0.00
|
$2.42 B
|
$1.74 B
|
$1.61 B
|
$1.58 B
|
$1.38 B
|
| Selling & Marketing
Expenses |
$0.00
|
$3.00 M
|
$64.00 M
|
$11.00 M
|
$0.00
|
-$333.00 M
|
$0.00
|
$0.00
|
-$30.00 M
|
-$14.00 M
|
| Selling, General &
Administrative Expenses |
$3.04 B
|
$2.78 B
|
$2.60 B
|
$2.72 B
|
$3.20 B
|
$2.09 B
|
$1.74 B
|
$1.61 B
|
$1.55 B
|
$1.36 B
|
| Other Expenses |
$0.00 |
$2.32 B |
$3.77 B |
$13.73 B |
$4.43 B |
$2.60 B |
$2.28 B |
$2.74 B |
$2.01 B |
$1.59 B |
| Operating Expenses |
$3.04 B |
$5.09 B |
$6.37 B |
$16.45 B |
$7.62 B |
$4.68 B |
$4.02 B |
$4.35 B |
$3.55 B |
$2.95 B |
| Cost And Expenses |
$134.90 B |
$156.76 B |
$116.38 B |
$82.18 B |
$106.85 B |
$81.73 B |
$71.11 B |
$61.16 B |
$59.82 B |
$87.22 B |
| Interest Income |
$672.00 M |
$221.00 M |
$14.00 M |
$9.00 M |
$40.00 M |
$87.00 M |
$27.00 M |
$6.00 M |
$6.00 M |
$7.00 M |
| Interest Expense |
$1.28 B |
$1.22 B |
$1.30 B |
$1.37 B |
$1.27 B |
$973.00 M |
$652.00 M |
$562.00 M |
$319.00 M |
$223.00 M |
| Depreciation &
Amortization |
$3.31 B
|
$3.22 B
|
$3.31 B
|
$3.38 B
|
$3.23 B
|
$2.49 B
|
$2.11 B
|
$2.00 B
|
$1.50 B
|
$1.33 B
|
| EBITDA |
$16.95 B
|
$22.97 B
|
$7.43 B
|
-$8.90 B
|
$8.29 B
|
$8.03 B
|
$5.77 B
|
$4.66 B
|
$6.27 B
|
$5.23 B
|
| EBITDA Ratio |
0.11 |
0.13 |
0.06 |
0.01 |
0.07 |
0.08 |
0.08 |
0.07 |
0.1 |
0.06 |
| Operating Income Ratio
|
0.1
|
0.11
|
0.03
|
-0.04
|
0.05
|
0.05
|
0.05
|
0.04
|
0.07
|
0.04
|
| Total Other
Income/Expenses Net |
-$525.00 M
|
$719.00 M
|
-$1.48 B
|
-$1.37 B
|
-$1.23 B
|
-$993.00 M
|
-$674.00 M
|
-$564.00 M
|
-$318.00 M
|
-$216.00 M
|
| Income Before Tax |
$13.99 B |
$20.47 B |
$2.82 B |
-$13.61 B |
$3.23 B |
$3.70 B |
$3.34 B |
$1.82 B |
$4.37 B |
$3.84 B |
| Income Before Tax Ratio
|
0.09
|
0.11
|
0.02
|
-0.19
|
0.03
|
0.04
|
0.04
|
0.03
|
0.07
|
0.04
|
| Income Tax Expense |
$2.82 B |
$4.49 B |
$264.00 M |
$2.43 B |
$784.00 M |
$764.00 M |
$460.00 M |
$609.00 M |
$1.51 B |
$1.28 B |
| Net Income |
$9.68 B |
$14.52 B |
$1.29 B |
-$11.03 B |
$1.83 B |
$2.11 B |
$3.43 B |
$1.17 B |
$2.85 B |
$2.52 B |
| Net Income Ratio |
0.07 |
0.08 |
0.01 |
-0.16 |
0.02 |
0.02 |
0.05 |
0.02 |
0.04 |
0.03 |
| EPS |
23.76 |
28.34 |
2.03 |
-17 |
2.78 |
4.07 |
6.77 |
2.22 |
5.29 |
4.42 |
| EPS Diluted |
23.65 |
28.12 |
2.02 |
-17 |
2.76 |
4 |
6.7 |
2.21 |
5.26 |
4.39 |
| Weighted Average Shares
Out |
$407.00 M
|
$512.00 M
|
$634.00 M
|
$649.00 M
|
$659.00 M
|
$518.00 M
|
$511.94 M
|
$530.00 M
|
$541.44 M
|
$574.00 M
|
| Weighted Average Shares
Out Diluted |
$409.00 M
|
$516.00 M
|
$638.00 M
|
$649.00 M
|
$664.00 M
|
$526.00 M
|
$512.00 M
|
$530.77 M
|
$542.00 M
|
$574.03 M
|
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