Marathon Petroleum Corp. reported third-quarter 2026 net income attributable to the company of $7.4 billion, or $26.59 per diluted share, up from $1.4 billion a year earlier, driven by higher market crack spreads. The company returned $3.3 billion of capital to shareholders and announced a 10% increase in its quarterly dividend alongside an incremental $5 billion share repurchase authorization. Additionally, MPC announced the $4.2 billion divestiture of its St. Paul Park and Mandan refineries and related midstream assets.
Third-quarter 2026 net income attributable to MPC was $7.4 billion, or $26.59 per diluted share, compared with $1.4 billion, or $4.51 per diluted share, in the third quarter of 2025.
Adjusted EBITDA reached $11.7 billion for the third quarter of 2026, up from $3.2 billion in the same period last year.
MPC announced the $4.2 billion divestiture of the St. Paul Park and Mandan refineries and related midstream assets, expected to close at the end of 2026.
The board approved an incremental $5 billion share repurchase authorization and a 10% increase in the quarterly dividend.
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From Marathon Petroleum's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$132.70B
-4.4%
$13.22
+31.2%
3.0%
FY2024
$138.86B
-6.4%
$10.08
-57.3%
2.5%
FY2023
$148.38B
-16.4%
$23.63
-16.0%
6.5%
FY2022
$177.45B
+47.9%
$28.12
+84.5%
8.2%
FY2021
$119.98B
+71.9%
$15.24
—
8.1%
Frequently asked questions
When is Marathon Petroleum's next earnings date?
Marathon Petroleum has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Marathon Petroleum earn last quarter?
For the quarter ended Sep 2026, Marathon Petroleum reported diluted EPS of $26.59 (+489.6% year over year) on revenue of $56.03B (+61.0%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.