Marathon Petroleum (MPC) Shares Outstanding (2010 - 2026)
Marathon Petroleum (MPC) recorded Shares Outstanding of 289 million in Q2 2026, down 5.9% from 307 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Marathon Petroleum (MPC) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Marathon Petroleum reported Shares Outstanding of 305 million, down 10.3% from FY2024.
- Annual Shares Outstanding has declined for six straight years, with a five-year compound annual growth rate of -14.0% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 340 million in FY2024 (-16.5%), 407 million in FY2023 (-20.5%), 512 million in FY2022 (-19.2%) and 634 million in FY2021 (-2.3%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding in data going back to Q2 2010.
- On a year-over-year basis, Shares Outstanding has declined for 20 consecutive quarters, with an average decline of 11.0% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding ran from 2.3% in Q4 2021 to 22.4% in Q3 2022.
- Per Business Quant, the preceding three quarters came in at 295 million (Q1 2026), 305 million (Q4 2025) and 303 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 289.00 Mn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 294.00 Mn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 179.42 Mn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 118.37 Mn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 136.90 Mn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 1.07 Bn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 100.50 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 61.32 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 669.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 48.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 289.00 Mn |
| Mar 31, 2026 | 295.00 Mn |
| Dec 31, 2025 | 305.00 Mn |
| Sep 30, 2025 | 303.00 Mn |
| Jun 30, 2025 | 307.00 Mn |
| Mar 31, 2025 | 313.00 Mn |
| Dec 31, 2024 | 340.00 Mn |
| Sep 30, 2024 | 331.00 Mn |
| Jun 30, 2024 | 349.00 Mn |
| Mar 31, 2024 | 361.00 Mn |
| Dec 31, 2023 | 407.00 Mn |
| Sep 30, 2023 | 394.00 Mn |
| Jun 30, 2023 | 417.00 Mn |
| Mar 31, 2023 | 444.00 Mn |
| Dec 31, 2022 | 512.00 Mn |
| Sep 30, 2022 | 491.00 Mn |
| Jun 30, 2022 | 532.00 Mn |
| Mar 31, 2022 | 564.00 Mn |
| Dec 31, 2021 | 634.00 Mn |
| Sep 30, 2021 | 633.00 Mn |
API Access
Marathon Petroleum Shares Outstanding 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=shares-outstanding&ticker=MPC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();