MPC logo Marathon Petroleum Corporation +
Ticker
MPC
PSX
Headquarter
Findlay ,OH
US
Houston ,TX
US
CEO
Maryann T. Mannen
Mark E. Lashier
Industry
Oil & Gas Refining & Marketing
Oil & Gas Refining & Marketing
Stock Price
Stock Price
Market Cap
Market Cap
$52.86 B
$55.48 B
Employees
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Employees
  • 17.80 K
  • 18.20 K
  • 18.30 K
  • 13.00 K
  • 14.00 K
  • 13.20 K
Y/Y
0.56%
2.25%
0.55%
7.14%
7.69%
5.71%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $177.41 B
  • $148.46 B
  • $138.52 B
  • $170.12 B
  • $147.26 B
  • $143.12 B
Y/Y
48.12%
16.32%
6.7%
51.97%
13.44%
2.81%
Revenue by Products / Services
Years
  • 2024
  • 2024
Revenue by Geography
Years
  • 2025
  • 2024
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • $42.00 M
  • $27.00 M
  • $15.00 M
Y/Y
0%
0%
0%
10.64%
35.71%
44.44%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $19.78 B
  • $13.56 B
  • $5.81 B
  • $10.07 B
  • $8.27 B
  • $2.32 B
Y/Y
359.53%
31.42%
57.14%
722.29%
17.92%
71.88%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 21.94%
  • 20.14%
  • 14.94%
  • 22.19%
  • 23.55%
  • 18.69%
Y/Y
134.12%
8.22%
25.81%
164.42%
6.14%
20.63%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $14.51 B
  • $9.67 B
  • $3.44 B
  • $11.02 B
  • $7.00 B
  • $2.12 B
Y/Y
745.45%
33.32%
64.42%
738.33%
36.47%
69.77%
Revenue Per Employee
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Revenue Per Employee
  • $8.34 M
  • $7.61 M
  • -
  • $11.33 M
  • $10.22 M
  • -
Y/Y
16.79%
8.75%
100%
6.78%
9.76%
100%
Net Income Per Employee
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income Per Employee
  • $543.48 K
  • $189.12 K
  • -
  • $538.77 K
  • $151.21 K
  • -
Y/Y
33.69%
65.2%
100%
31.58%
71.93%
100%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $89.90 B
  • $85.99 B
  • $78.86 B
  • $76.44 B
  • $75.50 B
  • $72.58 B
Y/Y
5.31%
4.36%
8.29%
37.5%
1.23%
3.87%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $54.82 B
  • $54.59 B
  • $54.35 B
  • $42.34 B
  • $43.85 B
  • $44.12 B
Y/Y
5.84%
0.42%
0.43%
24.68%
3.58%
0.61%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$2.42 B
  • -$1.89 B
  • -$2.53 B
  • -$2.19 B
  • -$2.42 B
  • -$1.86 B
Y/Y
65.3%
21.9%
34.02%
17.96%
10.21%
23.12%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 12.10%
  • 8.48%
  • 3.78%
  • 5.92%
  • 5.61%
  • 1.62%
Y/Y
237.58%
29.89%
55.45%
441.09%
5.18%
71.07%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 8.18%
  • 6.52%
  • 2.48%
  • 6.48%
  • 4.76%
  • 1.48%
Y/Y
0.79%
20.24%
61.98%
451.65%
26.6%
68.9%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $24.90 B
  • $18.65 B
  • $10.72 B
  • $16.91 B
  • $12.37 B
  • $5.99 B
Y/Y
235.35%
25.12%
42.52%
328.1%
26.84%
51.62%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $13.94 B
  • $12.23 B
  • $6.13 B
  • $8.62 B
  • $4.61 B
  • $2.33 B
Y/Y
381.39%
12.29%
49.85%
107.34%
46.5%
49.43%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 52.35%
  • 39.64%
  • 19.40%
  • 37.38%
  • 22.90%
  • 7.72%
Y/Y
699.42%
24.27%
51.07%
444.77%
38.73%
66.27%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 16.14%
  • 11.25%
  • 4.36%
  • 14.42%
  • 9.28%
  • 2.92%
Y/Y
702.85%
30.28%
61.2%
509.69%
35.67%
68.56%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 100.70%
  • 116.79%
  • 162.06%
  • 58.28%
  • 63.30%
  • 73.20%
Y/Y
1.91%
15.98%
38.77%
24.21%
8.61%
15.64%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $78.88 B
  • $83.44 B
  • $73.12 B
  • $60.13 B
  • $75.97 B
  • $66.19 B
Y/Y
26.85%
5.79%
12.37%
38.31%
26.34%
12.86%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 0.44
  • 0.56
  • 0.53
  • 0.35
  • 0.52
  • 0.46
Y/Y
14.36%
26.42%
6.08%
8.99%
45.95%
10.34%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 3.17
  • 4.47
  • 6.82
  • 3.56
  • 6.14
  • 11.06
Y/Y
62.18%
41.27%
52.45%
67.69%
72.68%
80.12%