MPC Q2 2024 Earnings — Marathon Petroleum Corporation Revenue & Financial Results | Market Cap Arena

MPCMarathon Petroleum Corporation

$66B

Q2 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$37.9B+4.3% YoY

Gross Profit

$3.1B8.3% margin

Operating Income

$2.5B6.7% margin

Net Income

$1.5B4.0% margin

EPS (Diluted)

$4.33

QoQ Revenue Growth

+15.9%

Cash Flow

Operating Cash Flow

$3.2B

Free Cash Flow

$2.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$85.2B

Total Liabilities

$57.1B

Stockholders' Equity

$21.3B

Cash & Equivalents

$4.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37.9B	$36.3B	+4.3%
Gross Profit	$3.1B	$3.7B	-16.4%
Operating Income	$2.5B	$3.3B	-23.7%
Net Income	$1.5B	$2.2B	-31.9%

Revenue Segments

Refining And Marketing

$36.7B93%

Midstream

$2.7B7%