Pay vs Performance Disclosure
Dec. 31, 2024
USD ($)
Jul. 31, 2024
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
SEC rules require us to disclose the following information concerning executive compensation and certain financial
performance information about the Company for the periods shown.
Value of Initial Fixed $100 Investment Based On: | |||||||||||
Year | SCT Total for PEO ($) | Compensation Actually Paid to PEO ($) | Average SCT Total for Non-PEO NEOs ($) | Average Compensation Actually Paid to Non-PEO NEOs ($) | MPC Total Shareholder Return ($) | Peer Group Total Shareholder Return ($) | Net Income ($ millions) | MPC Relative TSR Performance Percentile | |||
2025 | 19,016,261 | 22,476,265 | 6,739,572 | 9,127,990 | 448.38 | 329.43 | 5,878 | 66.67th | |||
2024 | 14,388,817 | 13,378,717 | 5,048,618 | 4,572,852 | 376.18 | 265.69 | 5,067 | 50.00th | |||
23,755,153 | 21,868,592 | — | — | — | — | — | — | ||||
2023 | 24,054,492 | 49,644,470 | 5,557,272 | 10,633,993 | 392.05 | 284.01 | 11,172 | 100.00th | |||
2022 | 21,288,532 | 54,026,557 | 4,759,899 | 11,070,030 | 300.40 | 229.87 | 16,050 | 83.33rd | |||
2021 | 21,185,206 | 34,913,307 | 5,601,203 | 6,430,233 | 160.99 | 134.71 | 11,001 | 91.67th | |||
•2024: Mr. Quaid, Mr. Aydt, Mr. Hessling and Ms. Benson
•2023: Ms. Mannen, Mr. Aydt, Suzanne Gagle and Gregory S. Floerke
•2022: Ms. Mannen, Ms. Gagle, Mr. Aydt, Mr. Floerke and Raymond L. Brooks
•2021: Ms. Mannen, Mr. Brooks, Ms. Gagle, Brian C. Davis, Donald C. Templin and Timothy T. Griffith
the same peer group used for the Stock Return Performance Graph included in our 2025 Annual Report.
Deductions from SCT Total | Additions to SCT Total | ||||||||
2025 SCT to CAP Total Reconciliation | SCT Total ($) | Grant Date Fair Value of Equity- Based Awards ($) | Change in Pension Value ($) | Pension Service Cost ($) | Value or Change in Value of Equity Awards as Summarized Below ($) | CAP Total ($) | |||
PEO (Mannen) | 19,016,261 | 13,391,322 | 467,458 | 228,959 | 17,089,825 | 22,476,265 | |||
Non-PEO NEOs (avg.) | 6,739,572 | 3,766,026 | 350,483 | 80,706 | 6,424,221 | 9,127,990 | |||
Deductions from SCT Total include the amounts shown in the SCT “Stock Awards” column and “Change in Pension Value and
Nonqualified Deferred Compensation Earnings” column. Additions to SCT Total reflect the value of equity calculated in
accordance with SEC methodology for determining CAP. The equity components of 2025 CAP are further detailed in the
following supplemental table.
2025 Change in Value of Equity Awards | Year-End Fair Value of Unvested Equity Awards Granted in the Year ($) | Year-End Over Year- End Change in Fair Value of Unvested Equity Awards Granted in Prior Years ($) | Vesting Date Fair Value of Vested Equity Awards Granted in the Year ($) | Year-End Over Vesting Date Change in Fair Value of Vested Equity Awards Granted in Prior Years ($) | Fair Value at Prior Year- End of Equity Awards Cancelled in the Year ($) | Value of Dividends or Other Earnings on Equity Awards in the Year ($) | Total Change in Value of Equity Awards as Included Above ($) | |
PEO (Mannen) | 13,571,053 | 1,007,280 | — | 2,137,994 | — | 373,498 | 17,089,825 | |
Non-PEO NEOs (avg.) | 3,768,047 | 643,364 | 52,738 | 1,764,000 | — | 196,072 | 6,424,221 |
Deductions from SCT Total | Additions to SCT Total | ||||||||
2025 SCT to CAP Total Reconciliation | SCT Total ($) | Grant Date Fair Value of Equity- Based Awards ($) | Change in Pension Value ($) | Pension Service Cost ($) | Value or Change in Value of Equity Awards as Summarized Below ($) | CAP Total ($) | |||
PEO (Mannen) | 19,016,261 | 13,391,322 | 467,458 | 228,959 | 17,089,825 | 22,476,265 | |||
Non-PEO NEOs (avg.) | 6,739,572 | 3,766,026 | 350,483 | 80,706 | 6,424,221 | 9,127,990 | |||
Deductions from SCT Total include the amounts shown in the SCT “Stock Awards” column and “Change in Pension Value and
Nonqualified Deferred Compensation Earnings” column. Additions to SCT Total reflect the value of equity calculated in
accordance with SEC methodology for determining CAP. The equity components of 2025 CAP are further detailed in the
following supplemental table.
2025 Change in Value of Equity Awards | Year-End Fair Value of Unvested Equity Awards Granted in the Year ($) | Year-End Over Year- End Change in Fair Value of Unvested Equity Awards Granted in Prior Years ($) | Vesting Date Fair Value of Vested Equity Awards Granted in the Year ($) | Year-End Over Vesting Date Change in Fair Value of Vested Equity Awards Granted in Prior Years ($) | Fair Value at Prior Year- End of Equity Awards Cancelled in the Year ($) | Value of Dividends or Other Earnings on Equity Awards in the Year ($) | Total Change in Value of Equity Awards as Included Above ($) | |
PEO (Mannen) | 13,571,053 | 1,007,280 | — | 2,137,994 | — | 373,498 | 17,089,825 | |
Non-PEO NEOs (avg.) | 3,768,047 | 643,364 | 52,738 | 1,764,000 | — | 196,072 | 6,424,221 |
2025 FINANCIAL PERFORMANCE MEASURES USED TO LINK NEO CAP TO MPC PERFORMANCE | ||
MPC Relative PSU TSR | ||
Relative Adjusted EBITDA per Barrel of Total Throughput | ||
ACB Adjusted EBITDA | ||
Distributable Cash Flow at MPLX per Unit | ||
Relative Refining Margin per Barrel by Region | ||
Relative Change in Free Cash Flow per Share |
See the description of our ACB program beginning on page 47 for information on additional non-financial performance
measures the Compensation and Organization Development Committee believes are critical to driving execution of our
business strategy and desired culture and creating long-term shareholder value.