Marathon Petroleum (MPC) Revenue & Revenue Breakdown
Marathon Petroleum Revenue Highlights
Latest Revenue (Y)
$148.47B
Latest Revenue (Q)
$38.36B
Main Segment (Y)
Refining And Marketing
Main Geography (Y)
Midstream
Marathon Petroleum Revenue by Period
Marathon Petroleum Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $148.47B | -16.70% |
| 2022-12-31 | $178.24B | 47.97% |
| 2021-12-31 | $120.45B | 72.33% |
| 2020-12-31 | $69.90B | -37.19% |
| 2019-12-31 | $111.28B | 28.96% |
| 2018-12-31 | $86.28B | 14.96% |
| 2017-12-31 | $75.05B | 18.16% |
| 2016-12-31 | $63.52B | -1.48% |
| 2015-12-31 | $64.47B | -29.35% |
| 2014-12-31 | $91.25B | -2.87% |
| 2013-12-31 | $93.95B | 22.70% |
| 2012-12-31 | $76.57B | -2.72% |
| 2011-12-31 | $78.71B | 25.72% |
| 2010-12-31 | $62.60B | 37.17% |
| 2009-12-31 | $45.64B | -30.06% |
| 2008-12-31 | $65.26B | - |
Marathon Petroleum generated $148.47B in revenue during NA 2023, up -16.70% compared to the previous quarter, and up 172.07% compared to the same period a year ago.
Marathon Petroleum Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $38.36B | 17.29% |
| 2024-03-31 | $32.71B | -9.99% |
| 2023-12-31 | $36.33B | -11.45% |
| 2023-09-30 | $41.03B | 12.77% |
| 2023-06-30 | $36.38B | 4.83% |
| 2023-03-31 | $34.71B | -13.05% |
| 2022-12-31 | $39.92B | -13.23% |
| 2022-09-30 | $46.01B | -15.18% |
| 2022-06-30 | $54.24B | 41.30% |
| 2022-03-31 | $38.38B | 8.31% |
| 2021-12-31 | $35.44B | 9.07% |
| 2021-09-30 | $32.49B | 9.27% |
| 2021-06-30 | $29.73B | 30.48% |
| 2021-03-31 | $22.79B | 26.46% |
| 2020-12-31 | $18.02B | 3.38% |
| 2020-09-30 | $17.43B | 42.65% |
| 2020-06-30 | $12.22B | -45.03% |
| 2020-03-31 | $22.23B | -20.74% |
| 2019-12-31 | $28.04B | 1.67% |
| 2019-09-30 | $27.58B | 0.80% |
| 2019-06-30 | $27.36B | -3.27% |
| 2019-03-31 | $28.29B | -12.73% |
| 2018-12-31 | $32.41B | 40.71% |
| 2018-09-30 | $23.04B | 3.01% |
| 2018-06-30 | $22.36B | 18.34% |
| 2018-03-31 | $18.90B | -10.68% |
| 2017-12-31 | $21.16B | 9.61% |
| 2017-09-30 | $19.30B | 5.68% |
| 2017-06-30 | $18.26B | 11.84% |
| 2017-03-31 | $16.33B | 6.36% |
| 2016-12-31 | $15.35B | 4.07% |
| 2016-09-30 | $14.75B | -1.30% |
| 2016-06-30 | $14.95B | 36.42% |
| 2016-03-31 | $10.96B | -29.79% |
| 2015-12-31 | $15.61B | -16.61% |
| 2015-09-30 | $18.72B | -8.87% |
| 2015-06-30 | $20.54B | 19.46% |
| 2015-03-31 | $17.19B | -22.74% |
| 2014-12-31 | $22.25B | -12.53% |
| 2014-09-30 | $25.44B | -5.24% |
| 2014-06-30 | $26.84B | 15.28% |
| 2014-03-31 | $23.29B | -6.47% |
| 2013-12-31 | $24.90B | -5.18% |
| 2013-09-30 | $26.26B | 2.25% |
| 2013-06-30 | $25.68B | 10.06% |
| 2013-03-31 | $23.33B | 13.92% |
| 2012-12-31 | $20.48B | -3.59% |
| 2012-09-30 | $21.24B | 4.91% |
| 2012-06-30 | $20.25B | -0.12% |
| 2012-03-31 | $20.27B | 4.33% |
| 2011-12-31 | $19.43B | -5.84% |
| 2011-09-30 | $20.64B | -0.67% |
| 2011-06-30 | $20.78B | 16.26% |
| 2011-03-31 | $17.87B | 2.35% |
| 2010-12-31 | $17.46B | 9.62% |
| 2010-09-30 | $15.93B | 0.77% |
| 2010-06-30 | $15.81B | 18.04% |
| 2010-03-31 | $13.39B | -0.22% |
| 2009-12-31 | $13.42B | 7.90% |
| 2009-09-30 | $12.44B | - |
Marathon Petroleum generated $38.36B in revenue during Q2 2024, up 17.29% compared to the previous quarter, and up 110.53% compared to the same period a year ago.
Marathon Petroleum Revenue Breakdown
Marathon Petroleum Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Refining And Marketing | $143.57B | $172.09B | $115.35B | $66.18B | $87.06B |
| Midstream | $10.51B | $5.37B | $4.63B | $3.60B | $3.83B |
| Reportable Segment | - | - | - | $69.78B | $123.95B |
| Retail Segment | - | - | - | - | $33.06B |
Marathon Petroleum's latest annual revenue breakdown by segment (product or service), as of Dec 23: Refining And Marketing (93.18%), and Midstream (6.82%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Midstream | $2.62B | $2.70B | $2.73B | $1.18B | $1.20B | $1.17B | $1.43B | $1.50B | $1.27B | $1.31B | $1.21B | $1.06B | $1.05B | $956.00M | $915.00M | $805.00M | $918.00M | $1.02B | $929.00M | - |
| Refining And Marketing | $31.52B | $35.04B | $39.66B | $35.17B | $33.66B | $38.64B | $44.35B | $52.30B | $36.79B | $34.03B | $31.11B | $28.55B | $21.66B | $17.02B | $16.49B | $9.44B | $17.53B | $22.01B | $21.44B | - |
| Reportable Segment | - | - | - | - | - | - | - | - | - | - | - | - | $22.71B | $17.97B | $17.41B | $15.02B | $25.21B | $31.09B | $31.04B | - |
| Retail Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.78B | $6.77B | $8.06B | $8.68B | - |
| Crude Oil And Refinery Feedstocks | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.67B |
| Refined Products | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.67B |
| Service, Transportation And Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $609.00M |
| Merchandise | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.60B |
Marathon Petroleum's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Refining And Marketing (92.32%), and Midstream (7.68%).
Marathon Petroleum Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Midstream | $10.51B | $5.37B | $4.63B | $3.60B | $3.83B |
Marathon Petroleum's latest annual revenue breakdown by geography, as of Dec 23: Midstream (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Midstream | $2.62B | $2.70B | $2.73B | $1.18B | $1.20B | $1.17B | $1.43B | $1.50B | $1.27B | $1.31B | $1.21B | $1.06B | $1.05B | $956.00M | $915.00M | $805.00M | $918.00M | $1.02B | $929.00M | $931.00M |
Marathon Petroleum's latest quarterly revenue breakdown by geography, as of Mar 24: Midstream (100.00%).
Marathon Petroleum Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MPC | Marathon Petroleum | $148.47B | $38.36B |
| PSX | Phillips 66 | $147.40B | $36.16B |
| VLO | Valero Energy | $144.77B | $32.88B |
| PBF | PBF Energy | $38.32B | $8.38B |
| DINO | HF Sinclair | $31.96B | $7.21B |
| SUN | Sunoco LP | $23.07B | $5.85B |
| DK | Delek US | $16.92B | $3.42B |
| CVI | CVR Energy | $9.25B | $1.83B |
| DKL | Delek Logistics Partners, LP | $1.02B | $264.63M |
MPC Revenue FAQ
What is Marathon Petroleum’s yearly revenue?
Marathon Petroleum's yearly revenue for 2023 was $148.47B, representing a decrease of -16.70% compared to 2022. The company's yearly revenue for 2022 was $178.24B, representing an increase of 47.97% compared to 2021. MPC's yearly revenue for 2021 was $120.45B, representing an increase of 72.33% compared to 2020.
What is Marathon Petroleum’s quarterly revenue?
Marathon Petroleum's quarterly revenue for Q2 2024 was $38.36B, a 17.29% increase from the previous quarter (Q1 2024), and a 5.43% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $32.71B, a -9.99% decrease from the previous quarter (Q4 2023), and a -5.77% decrease year-over-year (Q1 2023). MPC's quarterly revenue for Q4 2023 was $36.33B, a -11.45% decrease from the previous quarter (Q3 2023), and a -8.98% decrease year-over-year (Q4 2022).
What is Marathon Petroleum’s revenue growth rate?
Marathon Petroleum's revenue growth rate for the last 3 years (2021-2023) was 23.26%, and for the last 5 years (2019-2023) was 33.42%.
What are Marathon Petroleum’s revenue streams?
Marathon Petroleum's revenue streams in c 23 are Refining And Marketing, and Midstream. Refining And Marketing generated $143.58B in revenue, accounting 93.18% of the company's total revenue, down -16.57% year-over-year. Midstream generated $10.51B in revenue, accounting 6.82% of the company's total revenue, up 95.83% year-over-year.
What is Marathon Petroleum’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Marathon Petroleum was Refining And Marketing. This segment made a revenue of $143.58B, representing 93.18% of the company's total revenue.