# Marathon Petroleum Corporation (MPC) · Edgar & Edgarette company card

> Marathon Petroleum (MPC) saw revenue fall 4.4% in FY2025 to $132.7 billion, operating margin 6.2% against a 2.7% median for petroleum refining, equity 20.6% of assets, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1510295 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MPC) · [JSON](https://www.pops4.com/boards/company/MPC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $132.7B |
| Revenue growth, 1 year | -4.4% |
| Revenue growth per year | 2.6% |
| Operating margin | 6.2% (prior year 4.9%) |
| Net margin | 4.4% |
| Operating cash flow | $8.3B |
| Capital spending | $3.5B |
| Free cash flow | $4.8B |
| Cash | $3.7B |
| Long-term debt | $32.9B |
| Total assets | $84.0B |
| Total equity | $17.3B |
| Equity ÷ assets | 20.6% |
| Return on equity | 33.9% |
| Dividend per share | $3.73 |
| Dividend years rising | 4 |

## Readings, computed from those figures

- Altman Z: 2.91 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $132.7B (FY2025), total debt $32.9B. Experience: revenue down 4.4% on the year, up 2.6% a year over 4 years; operating margin 6.2%, up from 4.9%. Soundness: equity 20.6% of assets, return on equity 33.9%, payout 19.4% of profit, dividend per share up 4 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $92.4B and $152.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $74.2B to $186.1B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, petroleum refining): operating margin 6.2% against a 2.7% median; growth -4.4% against -5.0%.

Range logged 2026-09-26, receipt 341274bd859c54b1, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-10-29 ([filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000063/0001510295-26-000063-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000071/0001510295-26-000071-index.htm)
- 8-K · filed 2026-11-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000069/0001510295-26-000069-index.htm)
- 8-K · filed 2026-10-29 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000063/0001510295-26-000063-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000061/0001510295-26-000061-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000060/0001510295-26-000060-index.htm)
- 8-K · filed 2026-06-29 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1510295/000151029526000055/0001510295-26-000055-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001510295.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1510295

## Cite

POPS4, Edgar & Edgarette: Marathon Petroleum Corporation (MPC) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/MPC. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.