MPC Q1 2024 Earnings — Marathon Petroleum Corporation Revenue & Financial Results | Market Cap Arena

MPCMarathon Petroleum Corporation

$66B

Q1 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$32.7B-6.2% YoY

Gross Profit

$2.3B7.0% margin

Operating Income

$1.8B5.5% margin

Net Income

$937M2.9% margin

EPS (Diluted)

$2.59

QoQ Revenue Growth

-9.8%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$947M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$85.5B

Total Liabilities

$55.8B

Stockholders' Equity

$22.9B

Cash & Equivalents

$3.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32.7B	$34.9B	-6.2%
Gross Profit	$2.3B	$4.8B	-52.1%
Operating Income	$1.8B	$4.1B	-56.1%
Net Income	$937M	$2.7B	-65.6%

Revenue Segments

Refining And Marketing

$31.5B92%

Midstream

$2.6B8%