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Marathon Petroleum Corporation (MPC)
NYSE:MPC

Marathon Petroleum (MPC) Income Statement

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Marathon Petroleum Income Statement

Last quarter (Q4 2023), Marathon Petroleum's total revenue was $36.26B, a decrease of -8.94% from the same quarter last year. In Q4, Marathon Petroleum's net income was $1.45B. See Marathon Petroleum’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 148.38B$ 148.38B$ 177.45B$ 119.98B$ 69.78B$ 111.15B
Cost of Revenue
$ 70.81B$ 131.87B$ 151.67B$ 110.01B$ 69.11B$ 102.45B
Gross Profit
$ 109.68B$ 16.51B$ 25.78B$ 10.44B$ 671.00M$ 8.70B
Operating Expense
$ 3.78B$ 7.23B$ 6.81B$ 6.62B$ 3.26B$ 3.63B
Operating Income
$ 107.96B$ 14.51B$ 21.47B$ 3.82B$ -2.59B$ 5.07B
Net Non Operating Interest Income Expense
$ -217.00M$ -525.00M$ -1.00B$ -1.48B$ -1.36B$ -1.23B
Other Income Expense
$ -959.00M$ -959.00M$ -1.72B$ -479.00M$ -9.66B$ -611.00M
Pretax Income
$ 13.99B$ 13.99B$ 20.47B$ 2.82B$ -13.61B$ 3.23B
Tax Provision
$ 1.17B$ 2.82B$ 4.49B$ 264.00M$ -2.43B$ 784.00M
Earnings From Equity Interest Net Of Tax
$ 742.00M$ 742.00M$ 655.00M$ 458.00M--
Net Income Common Stockholders
$ 109.32B$ 9.67B$ 166.12B$ 1.29B$ -9.83B$ 2.64B
Basic EPS
$ 23.67$ 47.46$ 56.62$ 30.68$ -15.13$ 4.00
Diluted EPS
$ 23.57$ 47.26$ 56.24$ 30.48$ -15.13$ 3.97
Basic Average Shares
$ 1.63B$ 407.00M$ 512.00M$ 634.00M$ 649.00M$ 659.00M
Diluted Average Shares
$ 1.64B$ 409.00M$ 516.00M$ 638.00M$ 649.00M$ 664.00M
Dividend Per Share
$ 3.08$ 3.08$ 2.49-$ 2.32$ 2.12
Total Operating Income As Reported
------
Reported Normalized Basic E P S
------
Reported Normalized Diluted E P S
----$ -3.44$ 4.94
Rent Expense Supplemental
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Total Expenses
$ 37.49B$ 135.79B$ 158.48B$ 116.63B$ 72.37B$ 106.08B
Interest Expense
----$ 1.33B$ 1.23B
Net Income From Continuing And Discontinued Operation
$ 10.04B$ 9.68B$ 14.52B$ 11.00B$ -9.83B$ 2.64B
Normalized Income
$ 5.70B-$ 14.35B-$ -3.89B$ 2.53B
EBIT
$ 11.78B$ 15.25B$ 21.47B$ 4.23B$ -12.28B$ 4.46B
EBITDA
$ 14.20B$ 18.56B$ 24.73B$ 7.67B$ -8.90B$ 7.69B
Currency in USD

Marathon Petroleum Earnings and Revenue History

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