MARATHON PETROLEUM CORPORATION (MPC) Financials
Key financial figures for MARATHON PETROLEUM CORPORATION (Q3 2026).
Net income attributable to MPC was $7.4 billion ($26.59 per diluted share) in Q3 2026 versus $1.4 billion ($4.51) a year earlier, on $11.7 billion of adjusted EBITDA. Net income attributable to MPC was $7,447 million, or $26.59 per diluted share, versus $1,370 million, or $4.51, in Q3 2025. Adjusted net income was $7,541 million, or $26.93 per diluted share, versus $915 million, or $3.01. The release prints no analyst estimates, so results are compared with the prior-year quarter. Adjusted EBITDA was $11,729 million versus $3,206 million in Q3 2025. Refining & Marketing segment adjusted EBITDA was $9,895 million versus $1,762 million, which the release attributes primarily to higher market crack spreads in all regions. On the outlook: Fourth-quarter 2026 outlook (Refining & Marketing): total refinery throughput of 3,080 mbpd (crude oil refined 2,830 mbpd, other charge and blendstocks 250 mbpd), refining operating costs of $5.60 per barrel, distribution costs of $1,725 million, refining planned turnaround costs of $230 million and depreciation and amortization of $390 million; Corporate $300 million including $60 million of D&A. MPC's 2026 capital spending outlook (excluding MPLX) is $1.5 billion, about 65% value-enhancing investments and 35% sustaining. Figures are for Q3 2026, as Marathon Petroleum Corporation reported them.
- Revenue
- $56.0B
- Net Income
- $7.4B
- EPS
- $26.66
- Total Assets
- $102.5B
- Operating Cash Flow
- $10.7B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $56.0B | $7.4B | $26.59 | 18.65% | $9.6B |
| Q2 FY2026 | $52.0B | $5.1B | $17.73 | 14.08% | $9.1B |
| Q1 FY2026 | $34.6B | $511M | $1.73 | 4.06% | $208M |
| Q4 FY2025 | $32.6B | $1.5B | $5.13 | 5.67% | $1.9B |
| Q3 FY2025 | $34.8B | $1.4B | $4.51 | 4.81% | $1.7B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $132.7B | $4.0B | $13.22 | 4.35% | $4.8B |
| FY2024 | $138.9B | $3.4B | $10.08 | 3.78% | $6.1B |
| FY2023 | $148.4B | $9.7B | $23.63 | 8.48% | $12.2B |
Frequently asked questions
What was Marathon Petroleum Corporation's revenue last quarter?
Marathon Petroleum Corporation reported revenue of $56.03 billion for Q3 FY2026, up 61.0% from the same period a year earlier.
Is Marathon Petroleum Corporation profitable?
Yes. Marathon Petroleum Corporation reported net income of $7.45 billion for Q3 FY2026, a net margin of 13.29% on revenue.
How has Marathon Petroleum Corporation's margin trended?
Operating margin was 18.65% in Q3 FY2026, compared with 4.81% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Marathon Petroleum Corporation generate?
Marathon Petroleum Corporation generated free cash flow of $9.61 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for MARATHON PETROLEUM CORPORATION on SentiSense, with up to forty quarters and twenty fiscal years of history.