Marathon Petroleum Q4 FY25: where the revenue came from and where it went
The whole income statement of Marathon Petroleum for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 26, 2026
Revenue$32.57B
−2% year over year
Gross profit$3.71B
11% margin
Operating profit$2.69B
8% margin
Net profit$1.54B
5% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 32.57 | 100% | −2% |
| Refining & marketing | 30.32 | 93% | −3% |
| Midstream | 1.40 | 4% | +1% |
| Renewable diesel | 0.85 | 3% | +42% |
| Cost of revenue | −28.86 | 89% | |
| Gross profit | 3.71 | 11% margin | +4pp |
| SG&A | −0.84 | 3% | +0pp |
| Other | −0.18 | 0% | +0pp |
| Operating profit | 2.69 | 8% margin | +5pp |
| Interest & other costs | −0.79 | ||
| Tax | −0.37 | ||
| Net profit | 1.54 | 5% margin | +4pp |
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