Marathon Petroleum (MPC) Free Cash Flow (2010 - 2026)
Marathon Petroleum (MPC) reported Free Cash Flow of $9.14 billion for Q2 2026, up 370.2% from $1.94 billion a year earlier.
Marathon Petroleum (MPC) Free Cash Flow (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marathon Petroleum's Free Cash Flow came in at $12.9 billion, up 253.7% year-over-year; for FY2025, it was $4.77 billion, down 22.3% from FY2024.
- Free Cash Flow has declined for three consecutive years.
- By year, Free Cash Flow came in at $6.13 billion in FY2024 (-49.8%), $12.23 billion in FY2023 (-12.3%), $13.94 billion in FY2022 (+101.5%) and $6.92 billion in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow in data going back to Q3 2010.
- Year over year, Free Cash Flow gained in four of the last six quarters, with growth averaging 82.7%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2022 (growth of 502.8%); the low point was Q4 2023 (a decline of 83.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $208 million (Q1 2026), $1.89 billion (Q4 2025) and $1.66 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 9.14 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 5.46 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 1.39 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 1.46 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 928.00 Mn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 1.16 Bn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 264.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 89.10 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 36.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 242.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.14 Bn |
| Mar 31, 2026 | 208.00 Mn |
| Dec 31, 2025 | 1.89 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.94 Bn |
| Mar 31, 2025 | -727.00 Mn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 1.03 Bn |
| Jun 30, 2024 | 2.76 Bn |
| Mar 31, 2024 | 947.00 Mn |
| Dec 31, 2023 | 591.00 Mn |
| Sep 30, 2023 | 4.53 Bn |
| Jun 30, 2023 | 3.50 Bn |
| Mar 31, 2023 | 3.60 Bn |
| Dec 31, 2022 | 3.61 Bn |
| Sep 30, 2022 | 1.81 Bn |
| Jun 30, 2022 | 6.50 Bn |
| Mar 31, 2022 | 2.02 Bn |
| Dec 31, 2021 | 4.36 Bn |
| Sep 30, 2021 | 1.34 Bn |
Marathon Petroleum Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();