Marathon Petroleum Corporation

MPC Energy Oil & Gas Refining & Marketing

Marathon Petroleum Corporation’s revenue for fiscal 2025 (year ended December 2025) was $132.7 billion, down 4.44% from fiscal 2024.

Revenue
+61.0%
EPS
+526.1%
Free cash flow
+477.9%
Total debt
+0.54%

Quarter to September 2026, against a year earlier

378.60 14.08 −3.59%
Market cap
$102.7B
P/E
7.2×
Fwd P/E
6.8×
Dividend yield
1.06%
F-score
7/9
Altman Z
3.14
Beneish M
−2.73
Dividend safety
72/100

Marathon Petroleum Corporation (MPC) Free cash flow

Alert me on Free cash flow

Marathon Petroleum Corporation's free cash flow for fiscal 2025 was $5.8B, down 6.41% from $6.2B in fiscal 2024. Over the twelve months to 30 September 2026 it was $21.8B. Over the past ten years it has ranged from −$218.0M (fiscal 2020) to $14.0B (fiscal 2022); the current reading is higher than 73% of that period. Free cash flow has fallen for 3 consecutive fiscal years. Marathon Petroleum Corporation ranks 1st of 18 Oil & Gas Refining & Marketing companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $5.8B (6.41%)
FY2024 $6.2B (49.71%)
FY2023 $12.3B (12.60%)
FY2022 $14.0B 360.18%
FY2021 $3.0B —
FY2020 −$218.0M —
FY2019 $4.7B 55.88%
FY2018 $3.0B (24.20%)
FY2017 $4.0B 222.92%
FY2016 $1.2B (41.51%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $9.6B 5.17%
Jun 2026 $9.1B 4,192.96%
Mar 2026 $213.0M (92.59%)
Dec 2025 $2.9B 72.66%
43 more quarters

Against its own ten years

Low −$218.0M High $14.0B
Ten-year median $4.0B
Current reading's percentile 73

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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