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Marathon Petroleum MPC Noncontrolling interests in subsidiaries

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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%
Free cash flow$208.0M+129%

Valuation

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Market cap$83.74B+73.7%
Enterprise value$83.09B+127%
P/E9.8×-12.8×
P/S0.6×+0.2×

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

Reported directly by Marathon Petroleum in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

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

Filed
May 5, 2026, 1:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001510295-26-000042
(Millions of dollars, except share data)March 31,2026December 31,2025
Held in treasury, at cost – 702 million and 699 million shares(56,783)(56,027)
Additional paid-in capital33,66833,685
Retained earnings39,96639,751
Accumulated other comprehensive loss(108)(105)
Total MPC stockholders’ equity16,75317,314
Noncontrolling interests6,6746,772
Total equity23,42724,086
Total liabilities and equity$88,187$83,955

Item 1. Financial Statements

FAQ

What is Marathon Petroleum's noncontrolling interests in subsidiaries?
Marathon Petroleum (MPC) reported noncontrolling interests in subsidiaries of $6.67B in Q1 2026.
How has Marathon Petroleum's noncontrolling interests in subsidiaries changed year-over-year?
Marathon Petroleum's noncontrolling interests in subsidiaries increased by 0.1% year-over-year, from $6.67B to $6.67B.
What is the long-term trend for Marathon Petroleum's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Marathon Petroleum's noncontrolling interests in subsidiaries has grown at a -0.8% compound annual growth rate (CAGR), from $7.05B to $6.77B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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