Equity

Retained Earnings

Marathon Petroleum Retained Earnings increased by 3.2% to $39.75B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.9%, from $36.85B to $39.75B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows an upward trend with a 53.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

Consistent growth in retained earnings signals a profitable business model that can sustain itself without constant external capital raises.

Detailed definition

The cumulative amount of net income that has been reinvested in the business rather than distributed to shareholders as...

Peer comparison

Mature, highly profitable companies like Apple may actually see this decrease if they return more cash to shareholders via buybacks than they earn in net income.

Metric ID: retained_earnings

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$12.16B$12.48B$12.91B$13.42B$18.98B$23.18B$26.14B$28.53B$30.44B$33.42B$34.56B$35.20B$36.42B$36.77B$36.85B$36.49B$37.42B$38.52B$39.75B
QoQ Change+2.7%+3.4%+4.0%+41.5%+22.1%+12.8%+9.1%+6.7%+9.8%+3.4%+1.8%+3.5%+1.0%+0.2%-1.0%+2.6%+2.9%+3.2%
YoY Change+56.1%+85.6%+102.6%+112.6%+60.4%+44.2%+32.2%+23.4%+19.6%+10.0%+6.6%+3.7%+2.7%+4.7%+7.9%
Range$12.16B$39.75B
CAGR+30.1%
Avg YoY Growth+38.2%
Median YoY Growth+23.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Marathon Petroleum's retained earnings?
Marathon Petroleum (MPC) reported retained earnings of $39.75B in Q4 2025.
How has Marathon Petroleum's retained earnings changed year-over-year?
Marathon Petroleum's retained earnings increased by 7.9% year-over-year, from $36.85B to $39.75B.
What is the long-term trend for Marathon Petroleum's retained earnings?
Over 5 years (2020 to 2025), Marathon Petroleum's retained earnings has grown at a 53.6% compound annual growth rate (CAGR), from $4.65B to $39.75B.
What does retained earnings mean?
The total profits the company has kept and reinvested since it started, after paying out any dividends.