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Marathon Petroleum MPC Total costs & expenses

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Segments

By segment

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Refining & Marketing$30.96B+6.7%
Midstream$1.43B+2.4%
Renewable Diesel$512M-25.1%

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$70.91B+58.4%
Enterprise value$70.26B+66.5%
P/E15.3×-3.1×
P/S0.5×+0.2×

Profitability

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

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 total costs & expenses?
Marathon Petroleum (MPC) reported total costs & expenses of $33.16B in Q1 2026.
How has Marathon Petroleum's total costs & expenses changed year-over-year?
Marathon Petroleum's total costs & expenses increased by 6.4% year-over-year, from $31.16B to $33.16B.
What is the long-term trend for Marathon Petroleum's total costs & expenses?
Over 4 years (2021 to 2025), Marathon Petroleum's total costs & expenses has grown at a 2.1% compound annual growth rate (CAGR), from $116.63B to $126.93B.