Marathon Petroleum (MPC) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Energy
Petroleum RefiningSEC EDGAR

Marathon Petroleum (MPC) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Marathon Petroleum FY2024 10-K Analysis

Business Overview

  • Core business model: Integrated petroleum refining, marketing, and transportation operations
  • No new products or business segments introduced or emphasized this year
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Management Discussion & Analysis

  • No revenue or profitability data provided in the MD&A section excerpt
  • No segment financial performance data disclosed
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Risk Factors

  • Cybersecurity risk oversight led by CISO with 30+ years oil and gas experience and support from CDO with 20+ years IT leadership since 2021
  • Dependency on senior cybersecurity leaders CDO and CISO for risk strategy and incident response, critical to operational continuity
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Marathon Petroleum FY2024 Key Financial Metrics
XBRL

Revenue

$138.9B

-6.4% YoY

Net Income

$3.4B

-64.4% YoY

Operating Margin

4.9%

-489bp YoY

Net Margin

2.5%

-404bp YoY

ROE

19.4%

-2026bp YoY

Total Assets

$78.9B

-8.3% YoY

EPS (Diluted)

$10.08

-57.3% YoY

Operating Cash Flow

$8.7B

-38.6% YoY

Source: XBRL data from Marathon Petroleum FY2024 10-K filing on SEC EDGAR. All figures in USD.

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