Marathon Petroleum Corporation

NYSE-MPC

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						111,148	69,779	119,983	177,453	148,379	147,792
Other Revenues, Total						127	117	468	783	969	980
Total Revenues						111,275	69,896	120,451	178,236	149,348	148,772
Total Revenues % Chg.						29%	-37.2%	72.3%	48%	-16.2%	-5.5%
Cost of Goods Sold, Total						99,228	65,733	110,008	151,671	128,566	131,048
Insurance Division Operating Expenses, Total	—	—	—	—	—	—	—	—	—	—	-9
Gross Profit						12,047	4,163	10,443	26,565	20,782	17,733
Selling General & Admin Expenses, Total						3,196	2,721	2,601	2,775	2,950	3,183
Depreciation & Amortization						3,225	3,375	3,364	3,215	3,307	3,338
Other Operating Expenses						561	667	721	825	881	893
Other Operating Expenses, Total						6,982	6,763	6,686	6,815	7,138	7,414
Operating Income						5,065	-2,600	3,757	19,750	13,644	10,319
Interest Expense, Total						-1,231	-1,333	-1,267	-1,195	-1,265	-1,295
Interest And Investment Income						40	9	14	191	530	496
Net Interest Expenses						-1,191	-1,324	-1,253	-1,004	-735	-799
Income (Loss) On Equity Invest.						312	-935	458	655	742	987
Other Non Operating Income (Expenses)						-34	-39	-34	-21	-12	-19
EBT, Excl. Unusual Items						4,152	-4,898	2,928	19,380	13,639	10,488
Restructuring Charges	—	—	—	—	—	—	-367	—	—	—	—
Merger & Related Restructuring Charges			—	—		—	—	—	—	—	—
Impairment of Goodwill	—	—		—	—	-1,197	-7,394	—	—	—	—
Gain (Loss) On Sale Of Investments		—	—	—	—	—	—	1	30	142	153
Gain (Loss) On Sale Of Assets						278	70	21	1,061	217	220
Asset Writedown	—		—	—	—	—	-1,032	—	—	—	—
Other Unusual Items	—		—	—		—	9	-133	-2	-9	-9
EBT, Incl. Unusual Items						3,233	-13,612	2,817	20,469	13,989	10,852
Income Tax Expense						784	-2,430	264	4,491	2,817	2,077
Earnings From Continuing Operations						2,449	-11,182	2,553	15,978	11,172	8,775
Earnings Of Discontinued Operations	—	—	—	—		806	1,205	8,448	72	—	—
Minority Interest						-618	151	-1,263	-1,534	-1,491	-1,592
Net Income						2,637	-9,826	9,738	14,516	9,681	7,183
Preferred Dividend and Other Adjustments						1	1	2	8	9	6
Net Income to Common Incl Extra Items						2,636	-9,827	9,736	14,508	9,672	7,177
Net Income to Common Excl. Extra Items						1,830	-11,032	1,288	14,436	9,672	7,177
Total Shares Outstanding						649	651	579	454	368	341
Weighted Avg. Shares Outstanding						659	649	634	512	407	369.5
Weighted Avg. Shares Outstanding Dil						664	649	638	516	409	371
EPS						4	-15.1	15.4	28.3	23.8	19.4
EPS Diluted						4	-15.1	15.3	28.1	23.6	19.3
EBITDA						8,290	775	7,121	22,965	16,951	13,657
Effective Tax Rate						24.2%	17.9%	9.4%	21.9%	20.1%	19.1%