Business
Marathon Petroleum refines crude oil, markets fuels and holds a large midstream interest.
Marathon Petroleum: Revenue declined 4.4% to $132.699B from $138.864B. Net income grew 17.5% to $4.047B from $3.445B. Free cash flow declined 22.3% to $4.767B from $6.132B. Operating margin expanded 136 bps to 6.25%. Marathon Petroleum's annual comparison also shows stock compensation grew faster than revenue; capital spending grew faster than revenue; inventory grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 4.4%Watch
- Profitability — Net income grew 17.5% to $4.047B from $3.445BOK
- Cash flow — Free cash flow declined 22.3% to $4.767B from $6.132BWatch
- Margins — Operating margin expanded 136 bps to 6.25%OK
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 7 salesNote
Where the revenue comes from
Fiscal 2025, as Marathon Petroleum Corp reports it. History and quarterly detail are in the app.
- Refining & Marketing$124.3B
- Midstream$11.5B
- Renewable Diesel$2.8B
- Corporate Segment and Other Operating$5.0M
Leadership changes
From Marathon Petroleum Corp's own filings, the day they're filed.
- Maryann T. Mannen · Chairman · appointmenteff. 2026-01-01
- Michael J. Hennigan · Chairman · departureeff. 2025-10-29
- Mike Henschen · President · appointmenteff. 2025-09-02
Latest filings
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-08-04
- 8-K · Company announcement2026-06-29
- 8-K · Company announcement2026-05-05
- 10-Q · Quarterly report2026-05-05
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Marathon Petroleum Corp, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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