OakChart

Marathon Petroleum Corp

MPCEnergy·Oil & Gas Refining & Marketing·USA·Large·NYSE·Nov 13 • 7:00 AM ET

415.00+2.15 (0.52%)
2026-11-13 13:14 CET
Market cap
$113.00B
Revenue, TTM
174,940.00 USD m
Net income, TTM
14,618.00 USD m
Free cash flow, TTM
20,842.00 USD m
EPS diluted, TTM
51.12
Price / earnings
8.12
Compare

Price

MPC against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 92Sales 47,058Price40,36845,223200.00300.00400.00500.004.9M9.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26MPCclose 415.0020-day 428.4250-day 423.95200-day 301.79415.0052w high 493.9852-week range, not 6 months

16.0% under the 52-week high of 493.98 on 19 Oct 2026. 52-week low 161.93 on 31 Dec 2025. Last 15 sessions, 30.1% high to low

Volume 0.01× normal · the line is the 50-bar volume average

Setup. RS line 92
CANSLIM 5 of 6 — fails: 52-Week High/Low: 0-10% below High
VCP 4 of 6 — fails: 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 3 of 4 — fails: 52-Week High/Low: 0-10% below High
Zanger 2 of 5 — fails: RSI (14): Not Oversold (>50); 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5
Leaders 3 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 52-Week High/Low: 0-10% below High
Breakout 1 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50
Growth 3 of 4 — fails: EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1)
Value 2 of 4 — fails: P/B: Under 2; Debt/Equity: Low (<0.1)
Income 2 of 4 — fails: Dividend Yield: Over 2%; Payout Ratio: Low (<20%)
Small Cap 3 of 4 — fails: Float: Under 100M
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 3 of 3

Profile

MPC
52-week range, 76% of the way up
161.93493.98

Marathon Petroleum Corp. engages in the refining, marketing, and transportation of petroleum products. It operates through the Refining and Marketing, and Midstream segments. The Refining and Marketing segment includes refining crude oil and other feedstocks, purchasing ethanol, and refined products for resale and distribution of refined products. The Midstream segment refers to transportation, storing, distribution, and marketing of crude oil and refined products. The company was founded in 1887 and is headquartered in Findlay, OH.

IndexS&P 500, RUI
Employees18500
IPOJun 23, 2011
Beta0.52
ATR, 14d18.06
Rel volume0.01
Short float2.35%
Insider own0.32%
Inst own81.38%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap$113.00B
Enterprise Value140.49B
Income14.62B
Sales174.94B
Book / share84.40
Cash / share49.98
Dividend Est.4.10 (0.99%)
Dividend TTM4.00 (0.96%)
Dividend Ex-DateNov 18, 2026
Dividend Gr. 3/5Y14.42% 9.96%
Payout28.23%
Employees18500
IPOJun 23, 2011

Ratios

Price / earnings8.12
Forward price / earnings6.98
Price / earnings / growth0.18
Price / sales0.65
Price / book4.92
Price / cash8.30
Price / free cash flow5.42
Value / cash profit5.60
Value / sales0.80
Quick Ratio1.09
Current Ratio1.45
Debt / equity1.48
Long-term debt / equity1.46
Options and shortYes / Yes

Earnings

Earnings / share51.12
Earnings next year59.46
Earnings next quarter22.27
Earnings this year534.17%
Earnings next year-12.37%
Earnings growth, 5 years38.55%
Past earnings growth-22.25% -
Past sales growth-9.26% 13.89%
Earnings vs last year446.09%
Sales vs last year31.77%
Earnings vs last quarter490.48%
Sales vs last quarter62.58%
EarningsNov 03 BMO
Surprise6.15% 21.20%

Ownership

Insiders own0.32%
Insider trades-3.87%
Institutions own81.38%
Institution trades-2.84%
Return on assets15.74%
Return on equity72.54%
Return on capital25.63%
Gross Margin14.56%
Operating margin12.45%
Profit Margin8.36%
20-day average-3.13%
50-day average-2.11%
200-day average37.51%

Technical

Shares out275.00M
Shares floating271.41M
Short / float2.35%
Short ratio2.53
Short interest6.38M
52-week high493.98 -16.0%
52-week low161.93 +156.3%
Volatility4.08% 4.58%
Average range18.06
Strength index47.98
Market sensitivity0.52
Relative volume0.01
Avg Volume2.52M
Volume692

Performance

Perf Week11.34%
Perf Month-12.98%
Perf Quarter15.86%
Perf Half Y62.73%
Perf YTD155.18%
Perf Year113.28%
Perf 3Y182.77%
Perf 5Y530.70%
Perf 10Y844.04%
Recommendation2.29
Target Price475.00
Prev Close412.85
Price415.00
Change %0.52%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 22, 2026DowngradeJefferiesBuy → Hold$413-0.5%
Aug 05, 2026ReiteratedTD CowenBuy$357 → $375-9.6%
May 06, 2026ReiteratedTD CowenBuy$299 → $320-22.9%
Feb 04, 2026ReiteratedTD CowenBuy$183 → $198-52.3%
Oct 17, 2025InitiatedWells FargoOverweight$214-48.4%
Aug 06, 2025ReiteratedTD CowenBuy$190 → $182-56.1%
Jul 15, 2025DowngradeRaymond JamesStrong Buy → Outperform$200-51.8%
Jul 14, 2025DowngradeWolfe ResearchOutperform → Peer Perform
Jun 18, 2025InitiatedEvercore ISIIn-line$170-59.0%
Jun 10, 2025ReiteratedTD CowenBuy$152 → $163-60.7%

Peers

Mkt cap
TickerCompanyMkt cap
VLOValero Energy Corp105.63B
PSXPhillips 66103.76B
DINOHF Sinclair Corp17.58B
PBFPBF Energy Inc8.66B
CVICVR Energy Inc4.13B
DKDelek US Holdings Inc4.15B
PARRPar Pacific Holdings Inc3.61B
SUNSunoco LP13.31B
CVXChevron Corp425.75B
XOMExxonMobil Holdings Corp694.81B

Insider trading

latest 14 of 34
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Lyon Shawn MSVP Log & Storage, MPLX GP LLCAug 31 '26Sale375.751,000375,75011,194Sep 01 04:40 PM
Lyon Shawn MSVP Log & Storage, MPLX GP LLCAug 28 '26Sale368.51425156,61712,194Sep 01 04:40 PM
Lyon Shawn MOfficerAug 31 '26Proposed Sale375.741,000375,735Aug 31 04:48 PM
Brzezinski Erin MVP and ControllerAug 27 '26Sale362.79570206,7901,576Aug 31 04:11 PM
Lyon Shawn MOfficerAug 28 '26Proposed Sale368.49425156,608Aug 28 04:42 PM
Brzezinski Erin MOfficerAug 27 '26Proposed Sale362.79570206,790Aug 27 09:58 AM
HAGEDORN CARL KRISTOPHEROfficerAug 24 '26Proposed Sale361.16897323,961Aug 24 04:23 PM
Lyon Shawn MOfficerAug 13 '26Proposed Sale349.992,500874,975Aug 20 10:35 AM
Benson Molly RChief Legal Ofc & Corp SecAug 17 '26Option Exercise47.7317,196820,76537,530Aug 19 04:08 PM
Benson Molly RChief Legal Ofc & Corp SecAug 17 '26Sale358.5717,1966,165,97030,334Aug 19 04:08 PM
Lyon Shawn MSVP Log & Storage, MPLX GP LLCAug 13 '26Sale350.002,500875,00012,619Aug 17 05:14 PM
Benson Molly ROfficerAug 17 '26Proposed Sale358.5717,1966,165,970Aug 17 10:52 AM
Henschen Michael A IIEx VP, RefiningAug 12 '26Sale341.566,0112,053,09910,889Aug 14 04:09 PM
Henschen Michael A IIOfficerAug 12 '26Proposed Sale341.566,0112,053,097Aug 12 01:05 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 108.45B
XLEState Street Energy Select Sector SPDR ETFAUM: 41.58B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VTVVanguard Morningstar Value ETFAUM: 198.14B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.78B
VDEVanguard Energy ETFAUM: 10.68B
IWRiShares Russell Mid-Cap ETFAUM: 59.29B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 26.930 beat 25.371, from 3.010 a year earlier. Sales 56,487 beat 46,605, from 35,849 a year earlier
EPS
26.9300-0.5422024Q4 EPS 0.770 against 0.02224Q42025Q1 EPS -0.122 against -0.54225Q12025Q2 EPS 3.960 against 3.23925Q22025Q3 EPS 3.010 against 3.14525Q32025Q4 EPS 4.070 against 2.72225Q42026Q1 EPS 1.650 against 0.73926Q12026Q2 EPS 17.730 against 14.26926Q22026Q3 EPS 26.930 against 25.37126Q3
Sales, USD millions
56,48702024Q4 sales 33,466 against 33,14124Q42025Q1 sales 31,850 against 31,86925Q12025Q2 sales 34,101 against 33,32225Q22025Q3 sales 35,849 against 33,45425Q32025Q4 sales 33,422 against 31,08525Q42026Q1 sales 34,568 against 33,41926Q12026Q2 sales 52,337 against 40,86626Q22026Q3 sales 56,487 against 46,60526Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-03 08:3026.93025.37126.59056,48746,605EPS +6.1% · sales +21.2%vs 2025Q3, year-ago quarter · EPS +794.7% · sales +57.6%18 EPS · 8 salesOpen -0.09% vs SPY +0.08%. Close -0.71% vs SPY +0.30%
2026Q2ended 2026-06-302026-08-04 08:3017.73014.26917.70052,33740,866EPS +24.3% · sales +28.1%vs 2025Q2, year-ago quarter · EPS +347.7% · sales +53.5%17 EPS · 9 salesOpen +0.59% vs SPY +0.39%. Close +1.82% vs SPY +1.80%
2026Q1ended 2026-03-312026-05-05 08:301.6500.7391.73234,56833,419EPS +123.3% · sales +3.4%vs 2025Q1, year-ago quarter · EPS -1454.7% · sales +8.5%17 EPS · 7 salesOpen +1.37% vs SPY +0.52%. Close +3.16% vs SPY +0.80%
2025Q4ended 2025-12-312026-02-03 08:304.0702.7225.11333,42231,085EPS +49.5% · sales +7.5%vs 2024Q4, year-ago quarter · EPS +428.6% · sales -0.1%18 EPS · 8 salesOpen +2.14% vs SPY +0.12%. Close +6.03% vs SPY -0.85%
2025Q3ended 2025-09-302025-11-04 08:303.0103.1454.50035,84933,454EPS -4.3% · sales +7.2%vs 2024Q3, year-ago quarter · EPS +61.0% · sales +1.3%18 EPS · 7 salesOpen -8.52% vs SPY -1.06%. Close -6.13% vs SPY -1.19%
2025Q2ended 2025-06-302025-08-05 08:303.9603.2393.95834,10133,322EPS +22.3% · sales +2.3%vs 2024Q2, year-ago quarter · EPS -3.9% · sales -11.1%16 EPS · 7 salesOpen +0.90% vs SPY +0.10%. Close +0.57% vs SPY -0.51%
2025Q1ended 2025-03-312025-05-06 08:30-0.122-0.542-0.23631,85031,869EPS -77.5% · sales -0.1%vs 2024Q1, year-ago quarter · EPS -104.7% · sales -4.1%17 EPS · 7 salesOpen +0.97% vs SPY -0.99%. Close +0.85% vs SPY -0.84%
2024Q4ended 2024-12-312025-02-04 08:300.7700.0221.15633,46633,141EPS +3400.0% · sales +1.0%vs 2023Q4, year-ago quarter · EPS -80.7% · sales -9.1%17 EPS · 7 salesOpen +0.01% vs SPY +0.01%. Close +6.74% vs SPY +0.67%
2024Q3ended 2024-09-302024-11-05 08:301.8700.9861.87435,37334,343EPS +89.6% · sales +3.0%vs 2023Q3, year-ago quarter · EPS -77.0% · sales -14.9%17 EPS · 7 salesOpen +5.12% vs SPY +0.16%. Close +3.19% vs SPY +1.21%
2024Q2ended 2024-06-302024-08-06 08:304.1203.0904.32638,36236,656EPS +33.3% · sales +4.7%vs 2023Q2, year-ago quarter · EPS -22.6% · sales +4.2%15 EPS · 7 salesOpen +2.03% vs SPY +0.36%. Close +5.46% vs SPY +0.92%
2024Q1ended 2024-03-312024-04-30 08:302.5802.5392.58633,21132,072EPS +1.6% · sales +3.6%vs 2023Q1, year-ago quarter · EPS -57.6% · sales -5.3%15 EPS · 8 salesOpen -3.00% vs SPY -0.29%. Close -9.37% vs SPY -1.58%
2023Q4ended 2023-12-312024-01-30 08:303.9802.1903.84436,82334,903EPS +81.8% · sales +5.5%vs 2022Q4, year-ago quarter · EPS -40.2% · sales -8.2%13 EPS · 8 salesOpen +1.32% vs SPY -0.14%. Close +6.09% vs SPY -0.08%
2023Q3ended 2023-09-302023-10-31 08:308.1407.7478.27841,58337,665EPS +5.1% · sales +10.4%vs 2022Q3, year-ago quarter · EPS +4.2% · sales -12.0%16 EPS · 7 sales-
2023Q2ended 2023-06-302023-08-01 08:305.3204.5555.31336,82432,605EPS +16.8% · sales +12.9%vs 2022Q2, year-ago quarter · EPS -49.9% · sales -32.1%17 EPS · 7 sales-
2023Q1ended 2023-03-312023-05-02 08:306.0905.5526.09435,07733,181EPS +9.7% · sales +5.7%vs 2022Q1, year-ago quarter · EPS +308.7% · sales -8.6%16 EPS · 7 sales-
2022Q4ended 2022-12-312023-01-31 08:306.6505.6667.09240,09333,925EPS +17.4% · sales +18.2%vs 2021Q4, year-ago quarter · EPS +411.5% · sales +12.6%16 EPS · 6 sales-

Annual earnings

2025FY EPS 10.700 beat 9.595, from 9.510 a year earlier. Sales 135,222 beat 132,728, from 140,412 a year earlier
EPS
26.1600-3.8932018FY EPS 6.340 against 5.87120182019FY EPS 4.940 against 4.11920192020FY EPS -3.440 against -3.89320202021FY EPS 2.450 against 1.74620212022FY EPS 26.160 against 25.40620222023FY EPS 23.630 against 21.92220232024FY EPS 9.510 against 8.68320242025FY EPS 10.700 against 9.5952025
Sales, USD millions
179,95202018FY sales 97,102 against 96,96520182019FY sales 124,880 against 125,95520192020FY sales 69,032 against 69,68120202021FY sales 120,930 against 107,96320212022FY sales 179,952 against 174,22020222023FY sales 150,307 against 148,44220232024FY sales 140,412 against 135,40820242025FY sales 135,222 against 132,7282025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-16.990---24.43
2029FYestimate-37.475---11.07
2028FYestimate-28.455--154,53514.58
2027FYestimate-59.460--167,2066.98
2026FYestimate-67.857--186,3506.12
2025FY10.7009.59513.220135,222132,72815.20
2024FY9.5108.68310.094140,412135,40814.67
2023FY23.63021.92223.648150,307148,4426.28
2022FY26.16025.40628.116179,952174,2204.45
2021FY2.4501.7462.690120,930107,96326.12
2020FY-3.440-3.893-15.14269,03269,681-
2019FY4.9404.1193.970124,880125,95512.20
2018FY6.3405.8715.28397,10296,9659.31
2017FY3.7703.8196.69975,36971,57117.50
2016FY2.1851.9802.21063,36460,22723.04
2015FY5.7075.7995.25572,25870,84772.71
2014FY4.5013.7204.39098,10297,08292.19
2013FY3.4203.0053.320100,25498,773121.35
2012FY4.8954.8324.94582,49281,33984.78
2011FY3.3603.4283.33578,75974,508123.51
2010FY0.883-0.84862,576-469.88

Quarterly results

2026Q3 revenue 56,321, from 34,641 a year earlier. Operating margin 18.8%, from 5.0% a year earlier
Revenue, USD millions
56,32102024Q4 revenue 33,06724Q42025Q1 revenue 31,39325Q12025Q2 revenue 33,66025Q22025Q3 revenue 34,64125Q32025Q4 revenue 32,85125Q42026Q1 revenue 34,23426Q12026Q2 revenue 51,53426Q22026Q3 revenue 56,32126Q3
Operating margin
18.802024Q4 operating margin 2.7%24Q42025Q1 operating margin 1.7%25Q12025Q2 operating margin 5.8%25Q22025Q3 operating margin 5.0%25Q32025Q4 operating margin 7.0%25Q42026Q1 operating margin 6.2%26Q12026Q2 operating margin 13.1%26Q22026Q3 operating margin 18.8%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 67.86 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-1067.86-0.1%
2026Q4Eper share2026-11-1022.27-0.7%
2026FYRper share2026-11-1066.96-0.3%
2026Q4Rper share2026-11-1021.43-1.4%
2026FYSUSD millions2026-11-10186,350+0.1%
2026Q4SUSD millions2026-11-1047,0580.0%
2026Q3Eper share2026-10-2025.37-0.5%
2026Q3Rper share2026-10-2025.63-1.1%
2026Q3SUSD millions2026-10-2046,6050.0%
2026Q2Eper share2026-07-2214.27+0.5%
2026Q2Rper share2026-07-2214.35+1.0%
2026Q2SUSD millions2026-07-2040,866+1.0%
2026Q1Eper share2026-04-240.74-12.4%
2026Q1Rper share2026-04-240.76-20.6%
2026Q1SUSD millions2026-04-2433,419-0.5%
2025FYEper share2026-01-279.59-1.9%
2025Q4Eper share2026-01-272.72-3.7%
2025FYRper share2026-01-2710.46-0.1%
2025Q4Rper share2026-01-272.75-6.2%
2025FYSUSD millions2026-01-27132,728-0.1%
2025Q4SUSD millions2026-01-2231,085-0.8%
2025Q3SUSD millions2025-10-2233,4540.0%
2025Q3Eper share2025-10-213.15-0.3%
2025Q3Rper share2025-10-213.18-0.5%
2025Q2Eper share2025-08-053.220.0%
2025Q2Rper share2025-08-053.180.0%
2025Q2SUSD millions2025-07-2633,0640.0%
2025Q1SUSD millions2025-05-0431,8690.0%
2025Q1Eper share2025-04-24-0.54+0.2%
2025Q1Rper share2025-04-15-0.56+49.2%
2024FYRper share2025-02-018.840.0%
2024Q4Rper share2025-02-010.060.0%
2024Q4Eper share2025-01-310.02-0.5%
2024FYSUSD millions2025-01-29135,4080.0%
2024FYEper share2025-01-238.68-2.3%
2024Q4SUSD millions2025-01-2333,141+0.2%
2024Q3Eper share2024-11-051.00+1.2%
2024Q3SUSD millions2024-10-2334,3430.0%
2024Q3Rper share2024-10-201.00-34.7%
2024Q2Eper share2024-07-293.09-4.1%
2024Q2SUSD millions2024-07-2936,656-0.5%
2024Q2Rper share2024-07-193.07-2.1%
2024Q1Eper share2024-04-292.54+0.0%
2024Q1SUSD millions2024-04-2432,072+0.2%
2024Q1Rper share2024-04-152.63+1.4%
2023FYEper share2024-01-2921.92+0.1%
2023FYSUSD millions2024-01-24148,442+0.4%
2023FYRper share2024-01-1222.08-0.9%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share6.6995.2833.97-15.1422.6928.11623.64810.09413.21251.117-
Sales USD millions74,59496,136110,47469,157119,777177,411148,460138,517132,542174,940-
Shares million shares486680649651579454368316295-275
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share1.8741.156-0.2363.9584.55.1131.73217.726.571
Sales USD millions34,93333,06731,39333,66034,64132,85134,23451,53456,321
Shares million shares325316309304301295293283275

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue174,940.00132,542.00-4.3%138,517.00-6.7%148,460.00-16.3%177,411.00+48.1%119,777.00+73.2%69,157.00-37.4%110,474.00+14.9%96,136.00
Cost of Goods Sold Incl. D&A149,464.00122,672.00-5.3%129,483.00-1.8%131,858.00-14.9%154,861.00+37.1%112,936.00+63.3%69,142.00-32.5%102,376.00+15.7%88,494.00
Gross Profit25,476.009,870.00+9.3%9,034.00-45.6%16,602.00-26.4%22,550.00+229.6%6,841.00+45506.7%15.00-99.8%8,098.00+6.0%7,642.00
Selling, General and Administrative Excl. Other3,697.003,349.00+4.0%3,221.00+6.0%3,039.00+9.6%2,772.00+9.3%2,537.00-8.9%2,786.00-7.7%3,017.00+27.2%2,371.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income21,779.006,521.00+12.2%5,813.00-57.1%13,563.00-31.4%19,778.00+359.5%4,304.00-2,771.00-154.5%5,081.00-3.6%5,271.00
Interest Expense1,573.001,412.00+5.1%1,344.00+5.2%1,277.00+5.0%1,216.00-6.5%1,300.00-5.2%1,372.00+8.5%1,265.00+30.0%973.00
Unusual Expense105.0025.00-73.1%93.00+447.1%17.00-37.0%27.00-95.7%629.00-92.7%8,602.00+611.5%1,209.00+655.6%160.00
Net Income Before Taxes20,530.007,015.00+17.8%5,957.00-57.4%13,989.00-31.7%20,469.00+626.6%2,817.00-13,612.00-521.0%3,233.00-29.2%4,568.00
Income Taxes4,284.001,137.00+27.8%890.00-68.4%2,817.00-37.3%4,491.00+1601.1%264.00-2,430.00-409.9%784.00-18.5%962.00
Consolidated Net Income16,233.005,874.00+16.0%5,064.00-54.6%11,165.00-30.1%15,970.00+526.0%2,551.00-11,183.00-556.8%2,448.00-32.1%3,605.00
Net Income From Continuing Operations14,618.004,043.00+17.5%3,442.00-64.4%9,674.00-33.0%14,436.00+1020.8%1,288.00-11,032.00-702.8%1,830.00-34.1%2,779.00
Net Income14,618.004,043.00+17.5%3,442.00-64.4%9,672.00-33.3%14,508.00+745.5%1,716.00-9,827.00-472.8%2,636.00-5.1%2,779.00
EPS (Recurring) per share52.4713.27+29.1%10.28-56.6%23.68-15.9%28.15+732.8%3.38-5.86-211.8%5.24-4.7%5.50
EPS (Basic, Before Extraordinaries) per share51.2913.26+31.0%10.12-57.4%23.76-16.2%28.34+945.8%2.71-15.14-478.5%4.00-25.4%5.36
EPS (Diluted) per share51.1213.21+30.9%10.09-57.3%23.65-15.9%28.12+945.4%2.69-15.14-481.4%3.97-24.8%5.28
EBITDA25,090.009,874.00+7.0%9,230.00-45.5%16,943.00-26.3%22,993.00+202.1%7,612.00+1160.3%604.00-92.7%8,306.00+7.0%7,761.00
Non-Operating Income (Expense)429.001,931.00+22.1%1,581.00-8.1%1,720.00-11.1%1,934.00+337.6%442.00-867.00-238.5%626.00+45.6%430.00
Other After Tax Adjustments-13.00-4.00-3.00-7.00-8.00-2.00-1.00-1.00-1.00
Stock Option Compensation Expense113.76122.00+17.3%104.00-35.0%160.00+37.9%116.00+75.8%66.00-12.0%75.00-36.4%118.00+16.8%101.00
Price To Earnings Ratio ratio statement ratio, not the snapshot8.088.0811.055.545.1123.36-15.1111.10
Price To Sales Ratio ratio0.630.380.340.410.340.340.390.360.32
Gross Margin %14.567.456.5211.1812.715.710.027.337.95
Operating Margin %12.454.924.209.1411.153.59-4.014.605.48
Net Margin %8.363.052.486.518.181.43-14.212.392.89
Shares Outstanding million shares275.00295.00-6.6%316.00-14.1%368.00-18.9%454.00-21.6%579.00-11.1%651.00+0.3%649.00-4.6%680.00
Market Capitalization112,411.62112,411.62+150.7%44,833.77-20.4%56,331.85+3.3%54,547.45+38.5%39,391.48+46.4%26,910.93-31.2%39,121.65-4.0%40,767.29

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue56,321.00+62.6%51,534.00+53.1%34,234.00+9.0%32,851.00-0.7%34,641.00-0.8%33,660.00-10.9%31,393.00-4.2%33,067.00-9.0%
Cost of Goods Sold Incl. D&A44,631.00+39.3%43,897.00+42.3%31,230.00+3.8%29,706.00-5.3%32,035.00-3.0%30,845.00-11.2%30,086.00-0.9%31,372.00-5.9%
Gross Profit11,690.00+348.6%7,637.00+171.3%3,004.00+129.8%3,145.00+85.5%2,606.00+36.8%2,815.00-6.8%1,307.00-45.8%1,695.00-43.6%
Selling, General and Administrative Excl. Other1,100.00+27.5%894.00+3.1%867.00+10.7%836.00+4.0%863.00+5.9%867.00+5.3%783.00+0.5%804.00-2.0%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income10,590.00+507.6%6,743.00+246.1%2,137.00+307.8%2,309.00+159.1%1,743.00+59.9%1,948.00-11.4%524.00-67.9%891.00-59.2%
Interest Expense401.00+16.2%396.00+15.1%398.00+15.4%378.00+17.4%345.00-1.7%344.00+0.9%345.00+4.5%322.00-0.3%
Unusual Expense510.00+12650.0%-912.00519.00+674.6%-12.00-192.3%4.00-31.00-164.6%67.00-9.5%13.00-82.7%
Net Income Before Taxes10,163.00+322.9%6,982.00+271.8%1,034.00+170.0%2,351.00+162.4%2,403.00+113.0%1,878.00-19.3%383.00-76.1%896.00-60.8%
Income Taxes2,285.00+396.7%1,444.00+438.8%183.00+394.6%372.00+235.1%460.00+307.1%268.00-28.2%37.00-87.4%111.00-72.7%
Consolidated Net Income7,871.00+305.5%5,533.00+243.9%851.00+146.0%1,978.00+152.3%1,941.00+91.2%1,609.00-17.7%346.00-73.6%784.00-58.2%
Net Income From Continuing Operations7,440.00+443.9%5,133.00+322.5%511.001,534.00+314.6%1,368.00+119.9%1,215.00-19.7%-74.00-107.9%370.00-74.5%
Net Income7,440.00+443.9%5,133.00+322.5%511.001,534.00+314.6%1,368.00+119.9%1,215.00-19.7%-74.00-107.9%370.00-74.5%
EPS (Recurring) per share27.85+517.5%15.50+298.5%2.965.09+331.4%4.51+153.4%3.89-12.0%-0.09-103.3%1.18-70.4%
EPS (Basic, Before Extraordinaries) per share26.67+491.4%17.76+348.5%1.735.13+342.2%4.51+139.9%3.96-8.8%-0.24-109.3%1.16-69.9%
EPS (Diluted) per share26.57+490.4%17.70+347.0%1.735.11+340.5%4.50+140.6%3.96-8.5%-0.24-109.3%1.16-69.8%
EBITDA11,426.00+342.2%7,581.00+177.0%2,946.00+123.7%3,137.00+82.7%2,584.00+33.5%2,737.00-9.8%1,317.00-46.5%1,717.00-43.0%
Non-Operating Income (Expense)484.00-52.0%-277.00-214.0%-186.00-168.6%408.00+20.0%1,009.00+190.8%243.00-53.2%271.00-27.7%340.00-31.7%
Other After Tax Adjustments-7.00-5.000.00-1.00-2.00-1.000.00-1.00
Stock Option Compensation Expense17.3818.96+20.0%-5.53-143.8%82.95+10.9%-15.80-31.0%12.6474.77+294.4%
Price To Earnings Ratio ratio statement ratio, not the snapshot8.0816.7118.3117.3428.5523.3314.6611.05
Price To Sales Ratio ratio0.630.480.530.370.440.380.330.32
Gross Margin %20.7614.828.779.577.528.364.165.13
Operating Margin %18.8013.086.247.035.035.791.672.69
Net Margin %13.219.961.494.673.953.61-0.241.12
Shares Outstanding million shares275.00-8.6%283.00-6.9%293.00-5.2%295.00-6.6%301.00-7.4%304.00-10.9%309.00-13.0%316.00-14.1%
Market Capitalization112,411.62+91.8%74,639.53+46.3%71,969.61+58.6%48,886.90+9.0%58,596.81+7.5%51,031.32-16.5%45,386.95-37.5%44,833.77-20.4%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments3,672.00+14.4%3,210.00-68.6%10,224.00-13.1%11,770.00+8.6%10,839.00+2505.5%416.00-70.2%1,394.00-19.2%1,725.00-42.8%3,015.00
Short Term Receivables10,317.00-7.4%11,145.00-4.1%11,619.00-13.8%13,477.00+22.1%11,034.00+91.6%5,760.00-20.4%7,233.00+23.6%5,853.00+24.7%4,695.00
Inventories10,129.00+5.9%9,568.00+2.7%9,317.00+5.6%8,827.00+9.6%8,055.00+0.7%7,999.00-18.4%9,804.00-0.3%9,837.00+77.2%5,550.00
Other Current Assets662.00+26.3%524.00-46.0%971.00-16.9%1,168.00+105.6%568.00-96.0%14,112.00+17.3%12,027.00+1878.1%608.00+331.2%141.00
Total Current Assets24,780.00+1.4%24,447.00-23.9%32,131.00-8.8%35,242.00+15.6%30,496.00+7.8%28,287.00-7.1%30,458.00+69.0%18,023.00+34.5%13,401.00
Net Property, Plant & Equipment38,890.00+7.1%36,328.000.0%36,345.00-1.4%36,871.00-5.0%38,812.00-4.3%40,556.00-5.0%42,676.00-5.3%45,058.00+70.4%26,443.00
Total Investments and Advances6,795.00-0.9%6,857.00+9.5%6,260.00-3.2%6,466.00+19.5%5,409.00-0.2%5,422.00-17.4%6,568.00+11.4%5,898.00+23.2%4,787.00
Long-Term Note Receivable--------1.00
Intangible Assets12,068.00+21.3%9,947.00-0.6%10,009.00-1.1%10,120.00-2.6%10,391.00-2.1%10,616.00-42.5%18,456.00-21.5%23,498.00+457.2%4,217.00
Deferred Tax Assets1,608.00+7.4%1,497.00+5.0%1,426.00+142500.0%1.00-50.0%2.00-33.3%3.00-85.0%20.00-31.0%29.00+123.1%13.00
Other Assets1,419.00+11.1%1,277.00+2.9%1,241.00+3.1%1,204.00+357.8%263.00-4.0%274.00-27.5%378.00-12.9%434.00+133.3%186.00
Total Assets85,560.00+6.5%80,353.00-8.1%87,412.00-2.8%89,904.00+5.3%85,373.00+0.3%85,158.00-13.6%98,556.00+6.0%92,940.00+89.5%49,047.00
Short Term Debt Incl. Current Port. of LT Debt2,860.00-17.5%3,466.00+43.9%2,408.00+67.9%1,434.00+42.1%1,009.00-69.9%3,351.00+175.1%1,218.00+123.9%544.00-12.8%624.00
Accounts Payable12,974.00-6.7%13,906.00+1.1%13,761.00-10.1%15,312.00+11.8%13,700.00+75.6%7,803.00-30.5%11,222.00+19.8%9,366.00+12.9%8,297.00
Income Tax Payable1,484.00+23.3%1,204.00-1.4%1,221.00+7.1%1,140.00-7.4%1,231.00+11.4%1,105.00+8.9%1,015.00-29.8%1,446.00+115.8%670.00
Other Current Liabilities2,360.00+4.8%2,251.00-18.4%2,760.00+29.3%2,134.00+9.0%1,958.00-42.5%3,404.00-2.5%3,493.00+87.8%1,860.00+109.7%887.00
Total Current Liabilities19,678.00-5.5%20,827.00+3.4%20,150.00+0.6%20,020.00+11.9%17,898.00+14.3%15,663.00-7.6%16,948.00+28.2%13,216.00+26.1%10,478.00
Long Term Debt31,498.00+24.5%25,292.00-3.1%26,093.00-1.4%26,475.00+2.2%25,895.00-12.9%29,744.00+1.4%29,320.00+8.7%26,980.00+119.0%12,322.00
Provision for Risks Charges1,398.00+2.3%1,367.00+3.6%1,320.00+1.5%1,300.00+8.2%1,202.00-47.8%2,304.00+27.9%1,801.00+4.0%1,731.00+41.9%1,220.00
Deferred Tax Liabilities7,589.00+4.4%7,266.00+0.1%7,259.00+23.0%5,904.00+4.7%5,638.00-9.1%6,203.00-3.0%6,392.00+31.4%4,864.00+83.3%2,654.00
Other Liabilities1,311.00+19.7%1,095.00-8.1%1,191.00+6.5%1,118.00-3.5%1,159.00+13.2%1,024.00+3.6%988.00-9.9%1,096.00+101.1%545.00
Total Liabilities61,474.00+10.1%55,847.00-0.3%56,013.00+2.2%54,817.00+5.8%51,792.00-5.7%54,938.00-0.9%55,449.00+15.8%47,887.00+75.9%27,219.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity17,314.00-2.4%17,745.00-27.3%24,404.00-11.9%27,715.00+5.8%26,206.00+18.1%22,199.00-34.1%33,694.00-4.2%35,175.00+150.7%14,033.00
Total Shareholders Equity17,314.00-2.4%17,745.00-27.3%24,404.00-11.9%27,715.00+5.8%26,206.00+18.1%22,199.00-34.1%33,694.00-4.2%35,175.00+150.7%14,033.00
Accumulated Minority Interest6,772.00+0.2%6,761.00-3.3%6,995.00-5.1%7,372.000.0%7,375.00-8.1%8,021.00-14.8%9,413.00-4.7%9,878.00+26.7%7,795.00
Total Equity24,086.00-1.7%24,506.00-22.0%31,399.00-10.5%35,087.00+4.5%33,581.00+11.1%30,220.00-29.9%43,107.00-4.3%45,053.00+106.4%21,828.00
Total Liabilities & Stockholders Equity85,560.00+6.5%80,353.00-8.1%87,412.00-2.8%89,904.00+5.3%85,373.00+0.3%85,158.00-13.6%98,556.00+6.0%92,940.00+89.5%49,047.00
Book Value Per Share per share58.69+4.5%56.16-15.3%66.32+8.6%61.05+34.9%45.26+32.7%34.10-34.3%51.92+0.4%51.73+79.2%28.87
Tangible Book Value Per Share per share17.78-28.0%24.68-36.9%39.12+0.9%38.76+41.9%27.31+53.5%17.79-24.2%23.48+36.8%17.17-15.0%20.20
Full-Time Employees people18,500+1.1%18,300+0.5%18,200+2.2%17,800+0.6%17,700-69.4%57,900-4.9%60,910+0.9%60,350+37.8%43,800
Price to Book Ratio ratio4.892.392.212.081.411.211.161.142.54
Return on Assets %4.874.1010.9116.471.51-12.011.913.917.34
Return on Equity %23.0616.3337.1253.555.32-39.485.3111.2924.86
Return on Invested Capital %8.288.0019.1626.773.29-18.924.184.4713.01
Quick Ratio ratio0.740.711.131.321.251.301.220.620.75
Current Ratio ratio1.261.171.591.761.701.811.801.361.28

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income16,246.005,878.00+16.0%5,067.00-54.6%11,172.00-30.4%16,050.00+45.9%11,001.00-9,977.00-389.8%3,443.00-4.5%3,606.00
Depreciation3,311.003,251.00-2.6%3,337.00+0.9%3,307.00+2.9%3,215.00-2.8%3,308.00-2.0%3,375.00+4.7%3,225.00+29.5%2,490.00
Other Funds (Non Cash)1,915.00-501.00-310.5%238.00-82.00-1,454.00-10,558.00-220.0%8,802.00+606.4%1,246.00+463.8%221.00
Funds from Operations21,349.008,910.00+4.6%8,518.00-40.7%14,369.00-20.6%18,101.00+405.3%3,582.00+82.8%1,959.00-77.5%8,721.00+37.0%6,364.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital3,900.00-657.00-546.9%147.00-252.00-1,740.00-323.7%778.00+69.1%460.00-36.1%720.00-206.00
Cash from Operating Activities25,249.008,253.00-4.8%8,665.00-38.6%14,117.00-13.7%16,361.00+275.3%4,360.00+80.2%2,419.00-74.4%9,441.00+53.3%6,158.00
Capital Expenditures-4,407.00-3,486.00-2,533.00-1,890.00-2,420.00-1,464.00-2,787.00-4,810.00-3,578.00
Net Assets From Acquisitions-250.00-3,716.00-1,014.00-846.00-904.00-630.000.00-129.00-3,822.00
Sale of Fixed Assets and Businesses1,019.001,005.00+2771.4%35.00-2.8%36.00-60.0%90.00-41.2%153.00+2.0%150.00+4.2%144.00+118.2%66.00
Purchase or Sale of Investments-1,648.00-343.00-107.6%4,524.00-1,697.00-166.8%2,542.00-5,719.00-348.00-966.00-393.00
Purchase of Investments-1,830.00-1,064.00-3,458.00-9,102.00-6,428.00-12,708.00-485.00-1,064.00-409.00
Sale Or Maturity of Investments182.00721.00-91.0%7,982.00+7.8%7,405.00-17.4%8,970.00+28.3%6,989.00+5001.5%137.00+39.8%98.00+512.5%16.00
Other Uses0.000.000.000.000.000.00-335.00-484.000.00
Other Sources251.00273.00+39.3%196.00-72.1%702.00-14.8%824.00-96.2%21,827.00+34546.0%63.00-22.2%81.00+17.4%69.00
Cash from Investing Activities-5,035.00-6,267.00-618.8%1,208.00-3,695.00-2899.2%132.00-99.1%14,167.00-3,257.00-6,164.00-7,658.00
Cash Dividends Paid-1,164.00-1,140.00-1,154.00-1,261.00-1,279.00-1,484.00-1,510.00-1,398.00-954.00
Change in Capital Stock-7,286.00-3,464.00-9,164.00-11,510.00-11,679.00-4,548.00-41445.5%11.00-1,940.00-3,263.00
Repurchase of Common Pref Stock-7,289.00-3,488.00-9,189.00-11,572.00-11,922.00-4,654.000.00-1,950.00-3,287.00
Sale of Common Pref Stock3.0024.00-4.0%25.00-59.7%62.00-74.5%243.00+129.2%106.00+863.6%11.00+10.0%10.00-58.3%24.00
Proceedsfrom Stock Options3.0024.00-4.0%25.00-59.7%62.00-74.5%243.00+129.2%106.00+863.6%11.00+10.0%10.00-58.3%24.00
Issuance or Reduction of Debt, Net47.004,623.00-368.00-174.3%495.00-53.3%1,060.00-6,273.00-334.4%2,676.00+127.0%1,179.00-78.0%5,358.00
Change in Long Term Debt47.004,623.00-368.00-174.3%495.00-53.3%1,060.00-5,250.00-417.8%1,652.00+40.1%1,179.00-78.0%5,358.00
Issuance of Long Term Debt3,669.0011,086.00+586.0%1,616.00+2.7%1,574.00-52.9%3,340.00-72.5%12,150.00-28.7%17,032.00+19.5%14,252.00+6.4%13,390.00
Reduction of Long Term Debt-3,622.00-6,463.00-1,984.00-1,079.00-2,280.00-17,400.00-15,380.00-13,073.00-8,032.00
Net Financing Active Other Cash Flow-1,658.00-1,543.00-1,422.00-1,331.00-1,258.00-1,484.00-1,312.00-1,314.00-931.00
Other Financing Activities Uses-1,658.00-1,543.00-1,422.00-1,331.00-1,258.00-1,484.00-1,312.00-1,314.00-931.00
Cash from Financing Activities-10,061.00-1,524.00-12,108.00-13,607.00-13,156.00-13,789.00-135.00-3,473.00-1753.8%210.00
Net Change in Cash10,153.00462.00-2,235.00-3,185.00-195.4%3,337.00-29.6%4,738.00-973.00-196.00-1,290.00
Free Cash Flow20,842.004,767.00-22.3%6,132.00-49.8%12,227.00-12.3%13,941.00+381.4%2,896.00-368.00-107.9%4,631.00+79.5%2,580.00
Preferred Dividends (Cash Flow)-0.000.00-0.000.000.000.000.00
Price to Free Cash Flow ratio5.6313.729.565.534.7428.91-12.3719.09
Deferred Taxes & Investment Tax Credit-282.00-124.00-28.00-109.7%290.00-169.00-241.00-129.9%807.00+1617.0%47.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments13,609.00+412.8%7,768.00+364.3%2,151.00-43.6%3,672.00+14.4%2,654.00-48.4%1,673.00-80.3%3,812.00-49.7%3,210.00-68.6%
Short Term Receivables17,434.00+66.2%15,740.00+41.4%14,629.00+20.8%10,317.00-7.4%10,487.00+3.0%11,128.00-9.6%12,114.00-8.0%11,145.00-4.1%
Inventories10,196.00+3.7%9,973.00-1.3%10,764.00+2.6%10,129.00+5.9%9,829.00-0.6%10,106.00+3.1%10,488.00+7.2%9,568.00+2.7%
Other Current Assets763.00-54.0%805.00-1.9%1,154.00+59.0%662.00+26.3%1,660.00+124.3%821.00+10.8%726.00-1.1%524.00-46.0%
Total Current Assets42,002.00+70.5%34,286.00+44.5%28,698.00+5.7%24,780.00+1.4%24,630.00-5.1%23,728.00-24.3%27,140.00-13.2%24,447.00-23.9%
Net Property, Plant & Equipment39,735.00+3.6%39,428.00+8.9%39,104.00+8.0%38,890.00+7.1%38,357.00+7.3%36,204.00+0.9%36,192.00-0.1%36,328.000.0%
Total Investments and Advances7,559.00+9.6%7,274.00-0.3%7,027.00-1.0%6,795.00-0.9%6,900.00-1.1%7,294.00+6.9%7,095.00+3.9%6,857.00+9.5%
Intangible Assets11,860.00-1.8%11,928.00+44.7%11,993.00+45.5%12,068.00+21.3%12,080.00+46.5%8,244.000.0%8,244.000.0%9,947.00-0.6%
Deferred Tax Assets---1,608.00+7.4%---1,497.00+5.0%
Other Assets1,358.00+6.7%1,394.00-53.7%1,365.00-53.9%1,419.00+11.1%1,273.00-56.6%3,014.00+2.4%2,962.00-0.4%1,277.00+2.9%
Total Assets102,514.00+23.2%94,310.00+20.2%88,187.00+8.0%85,560.00+6.5%83,240.00+4.3%78,484.00-7.9%81,633.00-4.6%80,353.00-8.1%
Short Term Debt Incl. Current Port. of LT Debt628.00-69.4%2,619.00+15.6%2,620.00-41.5%2,860.00-17.5%2,053.00-55.9%2,265.00-57.8%4,475.00+52.8%3,466.00+43.9%
Accounts Payable20,578.00+64.8%19,227.00+44.1%17,617.00+19.5%12,974.00-6.7%12,486.00-2.2%13,345.00-10.2%14,748.00-4.7%13,906.00+1.1%
Income Tax Payable3,558.00+157.6%2,427.00+71.6%1,632.00+29.0%1,484.00+23.3%1,381.00+6.1%1,414.00-15.8%1,265.00+1.8%1,204.00-1.4%
Other Current Liabilities4,291.00+52.8%3,148.00+41.1%2,542.00+13.6%2,360.00+4.8%2,808.00+19.4%2,231.00+6.8%2,237.00+4.3%2,251.00-18.4%
Total Current Liabilities29,055.00+55.1%27,421.00+42.4%24,411.00+7.4%19,678.00-5.5%18,728.00-11.1%19,255.00-19.8%22,725.00+4.3%20,827.00+3.4%
Long Term Debt33,826.00+5.2%31,673.00+14.1%31,706.00+14.6%31,498.00+24.5%32,150.00+29.9%27,770.00+12.2%27,662.00+8.0%25,292.00-3.1%
Provision for Risks Charges1,072.00-5.3%1,288.00+4.6%1,231.00+4.7%1,398.00+2.3%1,132.00-5.0%1,231.00+0.2%1,176.00-0.5%1,367.00+3.6%
Deferred Tax Liabilities5,832.00-2.2%5,953.00+4.1%5,995.00+4.1%7,589.00+4.4%5,964.00+3.4%5,718.00-1.6%5,759.00-1.2%7,266.00+0.1%
Other Liabilities2,877.00+108.9%2,255.00+81.0%1,417.00+13.7%1,311.00+19.7%1,377.00+1.8%1,246.00-8.2%1,246.00-8.0%1,095.00-8.1%
Total Liabilities72,662.00+22.4%68,590.00+24.2%64,760.00+10.6%61,474.00+10.1%59,351.00+9.7%55,220.00-3.4%58,568.00+5.0%55,847.00-0.3%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity23,209.00+35.7%19,077.00+14.8%16,753.00+2.2%17,314.00-2.4%17,097.00-9.7%16,624.00-22.0%16,396.00-28.5%17,745.00-27.3%
Total Shareholders Equity23,209.00+35.7%19,077.00+14.8%16,753.00+2.2%17,314.00-2.4%17,097.00-9.7%16,624.00-22.0%16,396.00-28.5%17,745.00-27.3%
Accumulated Minority Interest6,643.00-2.2%6,643.00+0.0%6,674.00+0.1%6,772.00+0.2%6,792.00+0.2%6,640.00-1.8%6,669.00-2.6%6,761.00-3.3%
Total Equity29,852.00+25.0%25,720.00+10.6%23,427.00+1.6%24,086.00-1.7%23,889.00-7.1%23,264.00-17.2%23,065.00-22.5%24,506.00-22.0%
Total Liabilities & Stockholders Equity102,514.00+23.2%94,310.00+20.2%88,187.00+8.0%85,560.00+6.5%83,240.00+4.3%78,484.00-7.9%81,633.00-4.6%80,353.00-8.1%
Book Value Per Share per share84.40+48.6%67.41+23.3%57.18+7.8%58.69+4.5%56.80-2.5%54.68-12.6%53.06-17.8%56.16-15.3%
Tangible Book Value Per Share per share41.27+147.6%25.26-8.4%16.25-38.4%17.78-28.0%16.67-49.3%27.57-28.1%26.38-36.2%24.68-36.9%
Full-Time Employees people---18,500+1.1%---18,300+0.5%
Price to Book Ratio ratio4.894.474.162.863.523.132.592.39
Return on Assets %15.749.895.454.873.532.612.914.10
Return on Equity %72.5447.8827.9223.0615.9811.2412.3716.33
Return on Invested Capital %13.0410.111.053.142.782.74-0.170.86
Quick Ratio ratio1.090.890.730.740.790.710.730.71
Current Ratio ratio1.451.251.181.261.321.231.191.17

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income7,878.00+305.5%5,538.00+244.0%851.00+146.0%1,979.00+152.1%1,943.00+91.4%1,610.00-17.6%346.00-73.6%785.00-58.2%
Depreciation836.00-0.6%838.00+6.2%809.00+2.0%828.00+0.2%841.00-0.6%789.00-5.8%793.00-4.1%826.00-0.2%
Other Funds (Non Cash)705.001,251.00+840.6%-156.00-2050.0%115.00-22.3%-757.00-896.8%133.008.00-90.5%148.00
Funds from Operations9,292.00+297.8%7,581.00+203.0%1,523.00+36.1%2,953.00+67.1%2,336.00+21.7%2,502.00-5.4%1,119.00-48.9%1,767.00-26.8%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital1,440.00+427.5%2,746.00+1904.4%-402.00116.00-73.6%273.00137.00-77.1%-1,183.00440.00
Cash from Operating Activities10,732.00+311.3%10,327.00+291.3%1,121.003,069.00+39.1%2,609.00+54.9%2,639.00-18.6%-64.00-104.2%2,207.00+96.5%
Capital Expenditures-1,127.00-1,186.00-913.00-1,181.00-947.00-695.00-663.00-810.00
Net Assets From Acquisitions-50.00-50.00-50.00-100.00-3,179.00-100.00-337.00-166.00
Sale of Fixed Assets and Businesses12.00+500.0%3.00-82.4%19.00+1800.0%985.00+3077.4%2.000.0%17.00+1600.0%1.000.0%31.00+933.3%
Purchase or Sale of Investments-1,048.00-688.8%-205.00-302.00-93.00-108.4%178.00-93.4%-317.00-170.1%-111.00-138.0%1,103.00
Purchase of Investments-1,080.00-205.00-302.00-243.00-333.00-356.00-132.00-59.00
Sale Or Maturity of Investments32.00-93.7%0.00-100.0%0.00-100.0%150.00-87.1%511.00-82.8%39.00-97.8%21.00-99.0%1,162.00-14.6%
Other Uses0.000.000.000.000.000.000.000.00
Other Sources33.00-63.3%-6.00-128.6%149.00+71.3%75.00+53.1%90.00+1400.0%21.00-58.8%87.00-3.3%49.00-9.3%
Cash from Investing Activities-2,180.00-1,444.00-1,097.00-314.00-251.7%-3,856.00-296.9%-1,074.00-1,023.00207.00
Cash Dividends Paid-279.00-290.00-295.00-300.00-276.00-279.00-285.00-292.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-3,004.00-2,532.00-749.00-1,001.00-649.00-780.00-1,034.00-1,368.00
Repurchase of Common Pref Stock-3,005.00-2,533.00-750.00-1,001.00-650.00-780.00-1,057.00-1,374.00
Sale of Common Pref Stock1.000.0%1.001.00-95.7%0.00-100.0%1.000.00-100.0%23.00+109.1%6.00+200.0%
Proceedsfrom Stock Options1.000.0%1.001.00-95.7%0.00-100.0%1.000.00-100.0%23.00+109.1%6.00+200.0%
Issuance or Reduction of Debt, Net178.00-94.9%-42.00-64.00-101.9%-25.003,519.00-2,277.00-242.8%3,406.00-1,173.00
Change in Long Term Debt178.00-95.2%-42.00-64.00-101.9%-25.003,729.00-2,487.00-255.9%3,406.00-1,173.00
Issuance of Long Term Debt2,211.00-57.4%-16.00-101.0%1,474.00-66.0%0.005,192.001,558.00-3.6%4,336.000.00
Reduction of Long Term Debt-2,033.00-26.00-1,538.00-25.00-1,463.00-4,045.00-930.00-1,173.00
Net Financing Active Other Cash Flow-408.00-402.00-438.00-410.00-367.00-368.00-398.00-374.00
Other Financing Activities Uses-408.00-402.00-438.00-410.00-367.00-368.00-398.00-374.00
Cash from Financing Activities-3,513.00-257.7%-3,266.00-1,546.00-191.5%-1,736.002,227.00-3,704.001,689.00-3,207.00
Net Change in Cash5,039.00+414.2%5,617.00-1,522.00-352.8%1,019.00980.00-2,139.00-269.0%602.00-793.00
Free Cash Flow9,605.00+477.9%9,141.00+370.2%208.001,888.00+35.1%1,662.00+60.9%1,944.00-29.4%-727.00-176.8%1,397.00+136.4%
Price to Free Cash Flow ratio5.636.3215.8213.4518.6420.2513.749.00

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Crude Oil7,298.005,817.00-20.3%4.4%
Refined Products126,170.00121,325.00-3.8%91.4%
Services And Other5,396.005,557.00+3.0%4.2%
Total138,864.00132,699.00-4.4%100.0%
Region
Name20242025vs 20242025 share
United States138,864.00132,699.00-4.4%100.0%
Total138,864.00132,699.00-4.4%100.0%
Segment
Name20242025vs 20242025 share
Consolidation, Policy-5.00-0.0%
Midstream5,197.005,628.00+8.3%4.2%
Refining And Marketing131,588.00124,252.00-5.6%93.6%
Renewable Diesel2,079.002,814.00+35.4%2.1%
Total138,864.00132,699.00-4.4%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.35%6.4M271.4M2.52M
2026-10-152.55%7.1M279.9M2.50M
2026-09-302.51%7.0M279.9M2.52M
2026-09-152.76%7.7M279.9M2.39M
2026-08-312.72%7.6M280.0M2.38M
2026-08-142.33%6.5M280.0M2.34M
2026-07-312.42%6.8M280.0M2.33M
2026-07-152.20%6.4M291.0M2.36M
2026-06-302.51%7.3M291.0M2.39M
2026-06-152.64%7.7M290.9M2.45M
2026-05-292.17%6.3M291.0M2.59M
2026-05-152.04%5.9M291.1M2.59M
2026-04-301.92%5.6M291.1M2.59M
2026-04-152.16%6.3M293.7M2.57M
2026-03-312.32%6.8M293.7M2.64M
2026-03-132.73%8.0M293.9M2.51M
2026-02-272.70%7.9M293.9M2.30M
2026-02-132.93%8.8M299.8M2.26M
2026-01-302.98%8.9M299.8M2.25M
2026-01-153.00%9.0M299.8M2.18M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call200211.1214.4188.4270.9%6.000.000.998-0.0450.003
call210201.1204.7220.5263.1%2.000.000.998-0.0460.003
call220191.1194.2161232.5%6.000.000.998-0.0460.003
call230181.8184.7148.3231.4%4.000.000.998-0.0470.004
call240171.1174.1155.5200.6%5.000.000.996-0.0740.006
call250161.1164.7175.8202.3%23.000.000.996-0.0750.007
call260151.9154.7119.4188.6%8.000.000.996-0.0750.007
call270141.9144.7109175.3%15.000.000.995-0.0760.008
call280131.1134.7101.4162.4%10.000.000.995-0.0760.008
call290121.1124.389.30142.2%38.000.000.995-0.0760.009
call300111.2114.2129.6128.5%12.000.000.994-0.0770.010
call310101.1104.263.40117.2%32.000.000.994-0.0770.011
call32091.2094.2069.10106.2%39.000.000.993-0.0770.011
call33081.1084.4073.2098.3%24.001.000.982-0.1510.026
call34071.2074.8049.3893.3%47.000.000.980-0.1480.029
call35061.3064.9039.5083.3%57.000.000.953-0.2900.059
call36051.5054.5031.4067.9%13.000.000.940-0.3110.072
call37042.0044.6043.5558.0%1533.000.895-0.4610.110
call38032.9036.0038.0858.1%69.009.000.851-0.5370.140
call39024.5027.0029.3651.6%1488.000.784-0.6180.177
call40018.0019.8019.3551.1%83936.000.672-0.7760.218
call41012.0013.8015.0050.7%35819.000.554-0.8220.239
call4206.908.508.7047.8%3551010.427-0.7880.237
call4304.505.505.4649.2%4,8201720.312-0.7190.214
call4402.503.202.8549.0%57815.000.212-0.5830.175
call4501.201.901.5550.1%86028.000.134-0.4290.130
call4600.651.000.8549.9%6929.000.076-0.2780.086
call4700.250.650.4252.4%5504.000.050-0.2120.063
call4800.100.500.1556.3%5168.000.038-0.1800.050
call4900.000.300.1057.5%2703.000.024-0.1250.034
call5000.000.100.1054.4%6453.000.009-0.0530.015
call5100.000.800.3059.3%8751.000.009-0.0540.014
call5200.000.050.0458.4%1602.000.005-0.0300.008
call5300.001.000.3763.6%1161.000.004-0.0310.008
call5400.002.550.0567.8%1060.000.004-0.0310.007
call5500.001.750.0571.9%31345.000.004-0.0320.007
call5600.003.800.0375.9%1030.000.004-0.0320.007
call5700.001.300.1677.7%1220.000.004-0.0320.007
call5800.004.300.3183.6%63.000.000.003-0.0330.006
call5900.000.050.0387.5%56.000.000.003-0.0300.006
call6000.000.050.0590.9%1030.000.003-0.0300.006
call6100.003.400.4194.5%28.000.000.003-0.0340.006
call6200.000.050.1597.6%60.000.000.003-0.0300.005
call6300.003.400.18101.4%2.000.000.003-0.0340.005
call6400.001.700.32105.1%4040.000.003-0.0330.005
call6500.003.700.30108.0%11.000.000.003-0.0340.005
put2000.000.300.10174.9%4.000.00-0.002-0.0340.003
put2100.003.700.00163.8%0.000.00-0.002-0.0330.003
put2200.003.700.00153.2%0.000.00-0.002-0.0330.003
put2300.000.050.05130.1%3560.00-0.002-0.0290.004
put2400.005.000.05143.3%2.000.00-0.004-0.0590.006
put2500.005.000.86133.3%18.000.00-0.004-0.0580.007
put2600.005.000.10123.7%1.000.00-0.004-0.0570.007
put2700.000.500.17115.7%22.000.00-0.004-0.0560.008
put2800.003.500.30105.5%20.000.00-0.005-0.0560.008
put2900.003.700.3596.8%7.000.00-0.005-0.0550.009
put3000.000.850.1088.4%3103.00-0.006-0.0550.010
put3100.000.900.0980.2%63.004.00-0.006-0.0540.011
put3200.000.100.0572.2%7204.00-0.007-0.0530.011
put3300.000.300.1574.8%3221.00-0.018-0.1250.026
put3400.100.300.1966.2%1886.00-0.020-0.1220.029
put3500.200.850.3069.7%47019.00-0.047-0.2620.059
put3600.401.000.5062.1%1,16650.00-0.060-0.2820.072
put3700.851.951.0562.2%40314.00-0.104-0.4310.110
put3801.752.751.9357.0%36232.00-0.149-0.5060.140
put3903.304.103.8052.8%47712.00-0.216-0.5850.177
put4006.007.706.3055.8%63682.00-0.328-0.7430.218
put41010.0011.6010.0554.5%43827.00-0.446-0.7880.239
put42015.2017.3014.1055.9%48822.00-0.572-0.7530.237
put43021.9024.3022.1558.2%82727.00-0.687-0.6820.214
put44029.3032.6033.1562.7%25811.00-0.788-0.5450.175
put45038.5041.2053.5066.3%2720.00-0.866-0.3900.130
put46047.5050.6047.9172.5%53614.00-0.924-0.2380.086
put47057.1060.3068.0079.6%1971.00-0.949-0.1710.063
put48066.6070.1071.9086.6%1243.00-0.962-0.1380.050
put49076.8079.9063.5692.9%49.000.00-0.976-0.0810.034
put50086.8089.8097.7099.9%14.001.00-0.991-0.0080.015
put51096.8099.80123.9107.0%33.000.00-0.991-0.0080.014
put520106.7109.8147.4114.2%14.000.00-0.9950.0160.008
put530116.8119.8142.4121.0%3.000.00-0.9960.0170.008
put540126.7129.8154.3127.7%5.000.00-0.9960.0170.007
put550136.4139.7121.75133.0%2.000.00-0.9960.0180.007
put560146.7149.7182.5139.3%4.000.00-0.9960.0190.007
put570156.7159.8167.7146.4%1.001.00-0.9960.0200.006
put580166.7169.7201.4151.2%4.000.00-0.9960.0200.006
put590176.3179.7212.2156.9%3.000.00-0.9970.0210.006
put600186.2189.7221.5162.5%1.000.00-0.9970.0220.006
put610196.2199.7231.5168.0%6.000.00-0.9970.0230.006
put620206.6209.7206.5173.3%4.000.00-0.9970.0240.005
put630216.3219.7242178.5%3.000.00-0.9970.0250.005
put640226.6229.4226.5188.5%1.000.00-0.9970.0260.005
put650236.2239.7264188.6%0.000.00-0.9970.0270.005

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-038-KCurrent report2026-11-03SEC
2026-10-298-KCurrent report2026-10-28SEC
2026-10-27SCHEDULE 13G/ASEC
2026-09-014Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-31144Filing for proposed sale of securities under Rule 144.SEC
2026-08-314Statement of changes in beneficial ownership of securities2026-08-27SEC
2026-08-28144Filing for proposed sale of securities under Rule 144.SEC
2026-08-27144Filing for proposed sale of securities under Rule 144.SEC
2026-08-24144Filing for proposed sale of securities under Rule 144.SEC
2026-08-20144Filing for proposed sale of securities under Rule 144.SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-17SEC
2026-08-17144Filing for proposed sale of securities under Rule 144.SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-13SEC
2026-08-144Statement of changes in beneficial ownership of securities2026-08-12SEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-048-KCurrent report2026-08-04SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-06-298-KCurrent report2026-06-26SEC
2026-06-2511-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-084Statement of changes in beneficial ownership of securities2026-06-04SEC
2026-06-04144Filing for proposed sale of securities under Rule 144.SEC
2026-05-154Statement of changes in beneficial ownership of securities2026-05-13SEC
2026-05-13144Filing for proposed sale of securities under Rule 144.SEC
2026-05-06S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-05-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-058-KCurrent report2026-05-05SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-08009.83M6
2026-070000
2026-06001.70M1
2026-0500250.00K1
2026-040000
2026-03001.02M3
2026-02001.07M1
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.91%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
STATE STREET CORP5.89%
VANGUARD PORTFOLIO MANAGEMENT LLC5.35%
GEODE CAPITAL MANAGEMENT, LLC2.95%
MORGAN STANLEY2.02%
RAYMOND JAMES FINANCIAL INC1.79%
FMR LLC1.46%
WELLINGTON MANAGEMENT GROUP LLP1.11%
NORTHERN TRUST CORP1.07%

Funds

Fund% owned
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND32.80%
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund21.21%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND19.93%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND17.13%
VANGUARD INSTITUTIONAL INTERMEDIATE-TERM BOND FUND13.70%
VANGUARD TOTAL BOND MARKET II INDEX FUND9.67%
PIMCO Short Asset Portfolio7.66%
VANGUARD INTERMEDIATE-TERM BOND INDEX FUND7.18%
Baird Intermediate Bond Fund6.17%
VANGUARD CORE BOND FUND5.38%

OakChart. MPC. Cached 15 minutes. Terms