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Marathon Petroleum Corp

marathonpetroleum.com

Marathon Petroleum Corp (NYSE: MPC) is a petroleum refining and marketing company that processes crude oil into refined products including gasoline, diesel, and jet fuel. Revenue is generated primarily through the sale of refined petroleum products at wholesale and retail, with additional income from midstream transportation and logistics operations conducted through its interest in MPLX LP. Based on the 10-K filed 2026-02-26 (accession 000151029526000009) for the fiscal year ended in that filing period, MPC operates one of the largest refining networks in the United States. The company's business spans refining, retail fuel and convenience store marketing, and midstream infrastructure. MPC is headquartered in Findlay, Ohio and competes in the domestic downstream energy sector against integrated oil majors and independent refiners.

Products & Services

Gasoline, diesel, jet fuel, asphalt, heavy fuel oil, petrochemicals, lubricants; retail fuel and convenience store operations; midstream pipeline and storage services via MPLX LP.

Revenue Model

Transactional sales of refined petroleum products at wholesale and retail margins, supplemented by midstream fee-based revenues through its general partner interest and limited partner units in MPLX LP.

Customers & Markets

Wholesale fuel purchasers, retail fuel consumers, commercial transportation operators, airlines; end markets include transportation, commercial, and industrial fuel consumption across the United States.

Geographic Exposure

United States domestic operations; refining, retail, and midstream assets concentrated across the U.S.

Financial Snapshot

Revenue
TTM
$154.3B
Gross Margin
TTM
12.34%
Net Income
TTM
$8.553B
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
125.04%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
$25.72B
Cash
2026 Q2
P/E
TTM
12.05
Free Cash Flow
TTM
$12.90B

Stock Price

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Market Cap: $103.05 Billion

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