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Marathon Petroleum MPC Free cash flow

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Other financials

Income statement

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Revenue$52.0B+53.8%
Gross profit$8.9B+137%
Operating income$7.3B+233%
Net income$5.1B+323%
EPS (diluted)$17.73+348%

Balance sheet

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Cash & equivalents$7.8B+364%
Total debt$32.8B+2,276%
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%

Valuation

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Market cap$101.73B+88.1%
Enterprise value$101.08B+136%
P/E11.9×-13.4×
P/S0.7×+0.3×

Profitability

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Gross margin12.5%+3.9pp
Operating margin9.2%+5.2pp
Net margin5.6%+4.0pp
FCF margin4.2%+1.0pp

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

Calculated from Marathon Petroleum’s reported figures.

The source filing: Marathon Petroleum’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 1:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001510295-26-000042

FAQ

What is Marathon Petroleum's free cash flow?
Marathon Petroleum (MPC) reported free cash flow of $208M in Q1 2026.
How has Marathon Petroleum's free cash flow changed year-over-year?
Marathon Petroleum's free cash flow increased by 128.6% year-over-year, from -$727M to $208M.
What is the long-term trend for Marathon Petroleum's free cash flow?
Over 4 years (2021 to 2025), Marathon Petroleum's free cash flow has grown at a 13.3% compound annual growth rate (CAGR), from $2.9B to $4.77B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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