Earnings Per Share

Shares (Diluted)

Marathon Petroleum Shares (Diluted) decreased by 3.0% to 295M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.8%, from 313M to 295M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase indicates potential dilution from employee compensation or convertible instruments, which can reduce earnings per share.

Detailed definition

The weighted-average number of common shares outstanding plus the effect of all potentially dilutive securities, such as...

Peer comparison

Standard metric for all public companies; essential for understanding the impact of equity-based compensation.

Metric ID: weighted_shares_diluted

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value654M637M568M536M494M447M419M396M362M350M332M313M307M304M295M
QoQ Change-2.6%-10.8%-5.6%-7.8%-9.5%-6.3%-5.5%-8.6%-3.3%-5.1%-5.7%-1.9%-1.0%-3.0%
YoY Change-18.0%-22.4%-21.3%-21.8%-19.8%-19.0%-16.5%-16.2%-13.5%-12.3%-8.4%-5.8%
Range295M654M
CAGR-20.3%
Avg YoY Growth-16.3%
Median YoY Growth-17.3%
Current Streak14+ quarters decline

Frequently Asked Questions

What is Marathon Petroleum's shares (diluted)?
Marathon Petroleum (MPC) reported shares (diluted) of 295M in Q1 2026.
How has Marathon Petroleum's shares (diluted) changed year-over-year?
Marathon Petroleum's shares (diluted) decreased by 5.8% year-over-year, from 313M to 295M.
What does shares (diluted) mean?
The average number of shares outstanding including all potential shares that could be created.