Income StatementBalance SheetCash FlowSegments
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Marathon Petroleum Income Statement

Revenue, expenses, and profitability over time

Marathon Petroleum generated $135.38B in trailing twelve-month revenue, down 0.0% year-over-year. Net income was $4.6B with a 3.42% net margin. Gross margin stands at 10.37% and operating margin at 6.65%. Diluted EPS is $15.19, which grew 1.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$135.38BGross Profit (TTM)$14.0BOperating Income (TTM)$9.0BNet Income (TTM)$4.6BEps Diluted (TTM)$15.19
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$72.6B
P/E Ratio15.68
ROE27.95%

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other operating income$66.0M$103.0M$84.0M$66.0M$475.0M$192.0M
Gross profit$2.6B$2.2B$3.8B$3.6B$3.7B$2.9B
Operating income$1.1B$687.0M$2.2B$2.7B$2.7B$1.4B

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Depreciation and amortization$826.0M$793.0M$789.0M$841.0M$828.0M$809.0M
Selling, general and administrative$804.0M$783.0M$867.0M$863.0M$836.0M$867.0M
Total operating expenses$32.3B$31.2B$31.9B$33.1B$30.7B$33.2B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.30$-0.24$3.96$4.51$5.01$1.73
Diluted earnings per share$1.30$-0.24$3.96$4.51$4.99$1.73
Weighted-average shares, basic—313M307M303M—295M
Weighted-average shares, diluted—313M307M304M—295M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$252.0M$230.0M$212.0M$976.0M$204.0M$176.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$896.0M$383.0M$1.9B$2.4B$2.4B$1.0B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$111.0M$37.0M$268.0M$460.0M$372.0M$183.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$371.0M-$74.0M$1.2B$1.4B$1.5B$511.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest and Debt Expense$245.0M$304.0M$319.0M$310.0M$343.0M$370.0M
Revenues and other income$33.5B$31.9B$34.1B$35.8B$33.4B$34.6B
Taxes other than income taxes and other – net$137.0M$227.0M$223.0M$232.0M$203.0M$227.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$30.6B$29.4B$30.0B$31.2B$28.9B$31.3B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$33.1B$31.5B$33.8B$34.8B$32.6B$34.2B