MPC Q1 2023 Earnings — Marathon Petroleum Corporation Revenue & Financial Results | Market Cap Arena

MPCMarathon Petroleum Corporation

$66B

Q1 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$34.9B-8.4% YoY

Gross Profit

$4.8B13.7% margin

Operating Income

$4.1B11.6% margin

Net Income

$2.7B7.8% margin

EPS (Diluted)

$6.09

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

$4.1B

Free Cash Flow

$3.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$87.0B

Total Liabilities

$53.4B

Stockholders' Equity

$26.9B

Cash & Equivalents

$8.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34.9B	$38.1B	-8.4%
Gross Profit	$4.8B	$2.2B	+118.3%
Operating Income	$4.1B	$1.7B	+136.7%
Net Income	$2.7B	$845M	+222.4%

Revenue Segments

Refining And Marketing

$33.7B93%

Midstream

$2.6B7%