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What changed in Marathon Petroleum Corporation's latest annual report

In the year ended 31 Dec 2025, Marathon Petroleum Corporation's revenue fell 4.4% to USD 132.70bn, from USD 138.86bn; net income rose 17.5% to USD 4.05bn, from USD 3.44bn; cash and cash equivalents rose 14.4% to USD 3.67bn, from USD 3.21bn.

Year ended 31 Dec 2025. Source: 10-K filed 26 Feb 2026, read it on SEC EDGAR.

USD 138.86bn to USD 132.70bn

Revenue, down 4.4% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue138.86bn132.70bnDown 4.4%
Net income3.44bn4.05bnUp 17.5%
Total assets78.86bn83.95bnUp 6.5%
Total liabilities54.35bn59.87bnUp 10.2%
Cash and cash equivalents3.21bn3.67bnUp 14.4%
Shareholders' equity17.75bn17.31bnDown 2.4%

Questions people ask

Did Marathon Petroleum Corporation's revenue grow last year?

Revenue fell 4.4%, from USD 138.86bn to USD 132.70bn in the year ended 31 Dec 2025.

Is Marathon Petroleum Corporation profitable?

Yes. Net income was USD 4.05bn in the year ended 31 Dec 2025. The year before: USD 3.44bn.

How much cash and debt does Marathon Petroleum Corporation have?

At its latest year end (31 Dec 2025), Marathon Petroleum Corporation reported cash and cash equivalents of USD 3.67bn.

Where do these numbers come from?

From Marathon Petroleum Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Marathon Petroleum Corporation (MPC) 10-K: what changed year on year | LYNORIQ Insights