MPC · 8-K · 20260804PR000060

Net Income and Profitability

Marathon Petroleum Corp · 2026-08-04 · Importance 56 · Surprise 46 · No source text

Second-quarter net income attributable to MPC increased to $5.138 billion, or $17.73 per diluted share, from $1.216 billion, or $3.96 per diluted share, in the prior-year quarter. Adjusted EBITDA increased to $8.460 billion from $3.286 billion, while income from operations rose to $7.322 billion from $2.197 billion. Six-month net income attributable to MPC increased to $5.649 billion from $1.142 billion, and six-month adjusted EBITDA increased to $11.223 billion from $5.261 billion. Weighted-average diluted shares declined to 290 million from 307 million in the second quarter, contributing to the increase in diluted earnings per share.

Key facts

• Second-quarter adjusted EBITDA: $8.5 billion source
• Total adjusted EBITDA for three months ended June 30, 2026: $8,460 million source
• Income from operations for three months ended June 30, 2026: $7,322 million source
• Net income for three months ended June 30, 2026: $5,538 million; less net income attributable to noncontrolling interests $400 million; net income attributable to MPC $5,138 million source
• Second-quarter net income attributable to MPC: $5.1 billion, or $17.73 per diluted share source
• Adjusted net income attributable to MPC for the six months ended June 30, 2026: $5,625 million (net income attributable to MPC $5,649 million less pre-tax adjustments and tax impact) source
• Corporate expenses totaled $256 million in Q2 2026, compared with $243 million in Q2 2025 source
• Net interest and other financial costs for three months ended June 30, 2026: $340 million source

Impact estimates