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Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. The company sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Marathon Petroleum is a U.S.-based downstream energy company operating one of the country's largest refining networks alongside integrated midstream and product distribution activities. Long-term growth may be supported by its scale, midstream integration and investments in higher-value and lower-carbon products, which could appeal to investors seeking cash-generative refined-products exposure.
Key risks include volatile crude and product margins, operational exposure to refinery outages and transition and regulatory pressures from decarbonization and electrification that could reduce long-term fuel demand.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 7015.00M | 5957.00M | 13989.00M | 20469.00M | 2817.00M |
| Minority interest | -1831.00M | -1622.00M | -1385.00M | -1534.00M | -1263.00M |
| Net income | 4047.00M | 3445.00M | 9681.00M | 14516.00M | 1288.00M |
| Selling general administrative | 3349.00M | 3221.00M | 3039.00M | 2772.00M | 2537.00M |
| Gross profit | 10002.00M | 9287.00M | 16506.00M | 26565.00M | 10443.00M |
| Reconciled depreciation | 3251.00M | 3337.00M | 3276.00M | 3215.00M | 3364.00M |
| Ebit | 8427.00M | 7265.00M | 15254.00M | 19750.00M | 3757.00M |
| Ebitda | 11678.00M | 10602.00M | 18561.00M | 22965.00M | 7121.00M |
| Depreciation and amortization | 3251.00M | 3337.00M | 3307.00M | 3215.00M | 3364.00M |
| Operating income | 5768.00M | 5248.00M | 12586.00M | 19750.00M | 3757.00M |
| Other operating expenses | 126931.00M | 133616.00M | 135793.00M | 156763.00M | 116381.00M |
| Interest expense | 1412.00M | 1344.00M | 1277.00M | -1004.00M | -1253.00M |
| Tax provision | 1137.00M | 890.00M | 3394.00M | 4491.00M | 264.00M |
| Interest income | 159.00M | 505.00M | 520.00M | 1004.00M | 1483.00M |
| Net interest income | -1276.00M | -839.00M | -663.00M | -1000.00M | -1483.00M |
| Extraordinary items | - | 0.00M | 0.00M | 72.00M | 8448.00M |
| Income tax expense | 1137.00M | 890.00M | 2817.00M | 4491.00M | 264.00M |
| Total revenue | 132699.00M | 138864.00M | 148379.00M | 178236.00M | 120451.00M |
| Total operating expenses | 4234.00M | 4039.00M | 3920.00M | 5092.00M | 6373.00M |
| Cost of revenue | 122697.00M | 129577.00M | 131873.00M | 151671.00M | 110008.00M |
| Total other income expense net | 1247.00M | 709.00M | 1403.00M | 719.00M | -940.00M |
| Discontinued operations | - | - | - | 72.00M | 8448.00M |
| Net income from continuing ops | 5878.00M | 5067.00M | 12864.00M | 15978.00M | 2553.00M |
| Net income applicable to common shares | 4043.00M | 3442.00M | 9672.00M | 14508.00M | 9738.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 85560.00M | 78858.00M | 85987.00M | 89904.00M | 85373.00M |
| Intangible assets | 2714.00M | 1774.00M | 1765.00M | - | 2135.00M |
| Other current assets | 662.00M | 524.00M | 403.00M | 1168.00M | 568.00M |
| Total liab | 61474.00M | 54352.00M | 54588.00M | 54817.00M | 51792.00M |
| Total stockholder equity | 17314.00M | 17745.00M | 24404.00M | 27715.00M | 26206.00M |
| Deferred long term liab | - | - | - | 7208.00M | 6984.00M |
| Other current liab | 3844.00M | 2251.00M | 2760.00M | 3274.00M | 1047.00M |
| Common stock | 10.00M | 10.00M | 10.00M | 10.00M | 10.00M |
| Capital stock | 10.00M | 10.00M | 10.00M | 10.00M | 10.00M |
| Retained earnings | 39751.00M | 36848.00M | 34562.00M | 26142.00M | 12905.00M |
| Other liab | - | - | - | 8322.00M | 7999.00M |
| Good will | 9354.00M | 8244.00M | 8244.00M | 8244.00M | 8256.00M |
| Other assets | 1422.00M | 78858.00M | 3007.00M | 3081.00M | 2400.00M |
| Cash | 3672.00M | 3210.00M | 5443.00M | 8625.00M | 5291.00M |
| Cash and equivalents | 3672.00M | 3210.00M | 1081.00M | 8625.00M | 5291.00M |
| Total current liabilities | 19678.00M | 20827.00M | 20150.00M | 20020.00M | 17898.00M |
| Current deferred revenue | - | - | 1221.00M | - | 2142.00M |
| Net debt | 30686.00M | 25548.00M | 23058.00M | 19284.00M | 21613.00M |
| Short term debt | 2860.00M | 3466.00M | 2408.00M | 1434.00M | 1009.00M |
| Short long term debt | 2371.00M | 3049.00M | 1954.00M | 1066.00M | 571.00M |
| Short long term debt total | 34358.00M | 28758.00M | 28501.00M | 27909.00M | 26904.00M |
| Other stockholder equity | -22342.00M | -18999.00M | -10037.00M | 1561.00M | 13358.00M |
| Property plant equipment | 38890.00M | 36328.00M | 36345.00M | 36871.00M | 38812.00M |
| Total current assets | 24780.00M | 24447.00M | 32131.00M | 35242.00M | 30496.00M |
| Long term investments | 6795.00M | 6857.00M | 6260.00M | 6466.00M | 5409.00M |
| Net tangible assets | - | - | - | 20439.00M | 20024.00M |
| Short term investments | - | 1933.00M | 4781.00M | 3145.00M | 5548.00M |
| Net receivables | 10317.00M | 11145.00M | 12187.00M | 13477.00M | 11034.00M |
| Long term debt | 30505.00M | 24432.00M | 25329.00M | 25183.00M | 24443.00M |
| Inventory | 10129.00M | 9568.00M | 9317.00M | 8827.00M | 8055.00M |
| Accounts payable | 12974.00M | 13906.00M | 13761.00M | 15312.00M | 13700.00M |
| Noncontrolling interest in consolidated entity | - | - | - | 6404.00M | 6410.00M |
| Accumulated other comprehensive income | -105.00M | -114.00M | -131.00M | 2.00M | -67.00M |
| Common stock total equity | - | - | - | 10.00M | 10.00M |
| Retained earnings total equity | - | - | - | 26142.00M | 12905.00M |
| Treasury stock | - | - | - | -31841.00M | -19904.00M |
| Non currrent assets other | 1419.00M | 2982.00M | 3007.00M | -2823.00M | -3238.00M |
| Non current assets total | 60780.00M | 54411.00M | 53856.00M | 54662.00M | 54877.00M |
| Capital lease obligations | 1482.00M | 1277.00M | 1218.00M | 1209.00M | 1365.00M |
| Long term debt total | 30505.00M | 24432.00M | 25329.00M | 25634.00M | 24968.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 721.00M | 1534.00M | -2629.00M | 2542.00M | -5719.00M |
| Change to liabilities | - | - | - | 1909.00M | 6260.00M |
| Total cashflows from investing activities | -6267.00M | 1534.00M | -3095.00M | 623.00M | 14797.00M |
| Net borrowings | 4703.00M | -353.00M | 510.00M | 1060.00M | -6273.00M |
| Total cash from financing activities | -1524.00M | -12434.00M | -14207.00M | -13647.00M | -14419.00M |
| Change to operating activities | - | - | - | - | 3.00M |
| Net income | 4047.00M | 5067.00M | 11172.00M | 14516.00M | 9738.00M |
| Change in cash | 462.00M | -2235.00M | -3185.00M | 3337.00M | 4738.00M |
| Begin period cash flow | 3211.00M | 5446.00M | 8631.00M | 5294.00M | 556.00M |
| End period cash flow | 3673.00M | 3211.00M | 5446.00M | 8631.00M | 5294.00M |
| Total cash from operating activities | 8253.00M | 8665.00M | 14117.00M | 16361.00M | 4360.00M |
| Issuance of capital stock | 24.00M | 25.00M | 119.00M | 243.00M | 106.00M |
| Depreciation | 3353.00M | 3337.00M | 3307.00M | 3215.00M | 3364.00M |
| Other cashflows from investing activities | 273.00M | 231.00M | 738.00M | 3043.00M | 21980.00M |
| Dividends paid | 1140.00M | 1154.00M | 1261.00M | -1279.00M | -1484.00M |
| Change to inventory | -596.00M | -270.00M | -489.00M | -787.00M | -33.00M |
| Change to account receivables | 890.00M | 1117.00M | 2109.00M | -2315.00M | -5299.00M |
| Sale purchase of stock | -3488.00M | -9189.00M | -11572.00M | -11922.00M | -4654.00M |
| Other cashflows from financing activities | -1543.00M | -1763.00M | -1946.00M | 1591.00M | 17450.00M |
| Change to netincome | - | - | - | -1420.00M | -8581.00M |
| Capital expenditures | 3486.00M | 2533.00M | 1890.00M | 2420.00M | 1464.00M |
| Change receivables | - | - | - | -2315.00M | -5299.00M |
| Cash flows other operating | - | - | - | -341.00M | -2431.00M |
| Cash and cash equivalents changes | - | - | - | 3337.00M | 4738.00M |
| Change in working capital | -657.00M | 399.00M | 295.00M | -3102.00M | -5332.00M |
| Stock based compensation | - | - | 211.00M | 153.00M | 88.00M |
| Other non cash items | 1232.00M | -14.00M | -629.00M | 1844.00M | -5418.00M |
| Free cash flow | 4767.00M | 6132.00M | 12227.00M | 13941.00M | 2896.00M |
Sector: Energy Industry: Oil & Gas Refining & Marketing
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MPC Marathon Petroleum Corp |
-1.17 0.27% |
429.22 | 13.75 | 12.08 | 0.75 | 5.84 | 0.90 | 7.83 |
| PSX Phillips 66 |
-2.17 0.79% |
272.87 | 8.10 | 9.57 | 0.39 | 1.91 | 0.50 | 5.71 |
| VLO Valero Energy Corporation |
6.19 1.62% |
387.65 | 4.54 | 9.21 | 0.31 | 1.74 | 0.34 | 2.87 |
| NTOIF Neste Oyj |
1.88 6.14% |
32.40 | 17.00 | 13.21 | 1.46 | 3.00 | 1.36 | 13.54 |
| NTOIY Neste Oyj |
-0.50 3.16% |
15.33 | 15.91 | 12.56 | 1.43 | 2.85 | 1.36 | 13.54 |
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. The company sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties. It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
539 South Main Street, Findlay, OH, United States, 45840-3229
419 422 2121
18500
| Name | Title | Year Born |
|---|---|---|
| Mr. Michael J. Hennigan | Pres, CEO & Director | 1959 |
| Ms. Maryann T. Mannen | Exec. VP & CFO | 1963 |
| Ms. Suzanne Gagle | Sr. VP of Gov. Affairs & Gen. Counsel | 1966 |
| Mr. Carl Kristopher Hagedorn | Sr. VP, Controller & Principal Accounting Officer | 1976 |
| Mr. Timothy J. Harris | VP & Chief Technology Officer | 1975 |
| Ms. Kristina Anna Kazarian | VP of Investor Relations | 1983 |
| Ms. Molly R. Benson | VP, Chief Securities, Governance & Compliance Officer and Corp. Sec. | 1967 |
| Ms. Fiona C. Laird | Sr. VP of Communications & Chief HR Officer | 1961 |
| Mr. John S. Swearingen | Sr. VP of Transportation and Logistics | 1959 |
| Mr. Brian K. Partee | Sr. VP of Global Clean Products | 1974 |
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