MPC Q2 2023 Earnings — Marathon Petroleum Corporation Revenue & Financial Results | Market Cap Arena

MPCMarathon Petroleum Corporation

$66B

Q2 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$36.3B-32.4% YoY

Gross Profit

$3.7B10.3% margin

Operating Income

$3.3B9.1% margin

Net Income

$2.2B6.1% margin

EPS (Diluted)

$5.31

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$4.0B

Free Cash Flow

$3.5B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$86.4B

Total Liabilities

$53.9B

Stockholders' Equity

$25.7B

Cash & Equivalents

$7.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36.3B	$53.8B	-32.4%
Gross Profit	$3.7B	$8.8B	-57.3%
Operating Income	$3.3B	$8.3B	-60.3%
Net Income	$2.2B	$5.9B	-62.1%

Revenue Segments

Refining And Marketing

$35.2B93%

Midstream

$2.5B7%