Feb. 3 at 11:37 AM
$MPC Earnings - Q4/2025
Revenue:
$32.57B ✅ vs.
$32.28B est.
EPS:
$4.07 ✅ vs.
$2.1 est.
Marathon Petroleum posts strong Q4 2025 results: net income of
$1.5B and adjusted net income of
$1.2B; full-year net income was
$4.0B with adjusted net income of
$3.3B. Cash from operations totaled
$8.3B, fueling peer-leading capital returns of
$4.5B in 2025, while MPLX’s growing distributions are expected to more than fund MPC’s 2026 dividend and standalone capital. Management notes robust refining performance and margin capture, with Q4 R&M margin of
$18.65 per barrel and 95% crude capacity utilization; 2026 standalone capex plan emphasizes value-enhancing projects, alongside MPLX’s
$2.7B growth-focused program.
