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Marathon Petroleum MPC Payments to Noncontrolling Interests

Payments to Noncontrolling Interests at other companies

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Other financials

Income statement

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Revenue$34.2B+8.5%
Gross profit$2.9B+36.3%
Operating income$1.4B+104%
Net income$511.0M+791%
EPS (diluted)$1.73+821%

Balance sheet

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Cash & equivalents$2.2B-43.6%
Total debt$1.5B+22.3%
Total equity$16.8B+2.2%
Total assets$88.2B+8.0%

Cash flow

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Operating cash flow$1.1B+1,852%
CapEx$913.0M+37.7%
Free cash flow$208.0M+129%

Valuation

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Market cap$0+58.4%

Profitability

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Gross margin10.4%+1.9pp
Operating margin6.7%+2.5pp
Net margin3.4%+1.7pp

Returns & leverage

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Return on equity27.9%+15.6pp
Debt / equity0.1×0.0×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Marathon Petroleum in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToMinorityShareholders.

The official record: Marathon Petroleum’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marathon Petroleum's payments to noncontrolling interests?
Marathon Petroleum (MPC) reported payments to noncontrolling interests of $407M in Q1 2026.
How has Marathon Petroleum's payments to noncontrolling interests changed year-over-year?
Marathon Petroleum's payments to noncontrolling interests increased by 10.0% year-over-year, from $370M to $407M.
What is the long-term trend for Marathon Petroleum's payments to noncontrolling interests?
Over 4 years (2021 to 2025), Marathon Petroleum's payments to noncontrolling interests has grown at a 1.1% compound annual growth rate (CAGR), from $1.45B to $1.51B.
What does payments to noncontrolling interests mean?
Cash paid to partners who own minority stakes in the company's subsidiaries.
How do you interpret payments to noncontrolling interests?
An increase reflects higher profitability or capital distributions from joint ventures, while a decrease may indicate lower subsidiary performance or changes in ownership structure.
How does payments to noncontrolling interests compare across companies?
Common in energy companies with significant midstream or joint venture operations where minority partners are involved.