Marathon Petroleum Corporation's Revenue

  • Marathon Petroleum Corporation's annual revenue was $138.52 B in fiscal year 2024. The annual revenue decreased -$9.94 B from $148.46 B (in 2023) to $138.52 B (in 2024), representing a -6.70% year-over-year decline.

  • Marathon Petroleum Corporation's quarterly revenue was $33.66 B in the quarter ending Jun 2025. The quarterly revenue decreased -$4.10 B from $37.76 B (in Q2: Mar 2024) to $33.66 B (in Q2: Mar 2025), representing a -10.85% year-over-year decline.

  • Over the past 10 years (2015 - 2024):
  • The highest annual revenue for Marathon Petroleum Corporation was $177.41 B in fiscal year 2022.
  • The lowest annual revenue was $56.02 B in fiscal year 2016.
  • The average revenue was $105.50 B.

  • Learn more about Marathon Petroleum Corporation's Revenue by Segment and Revenue by Region.

    Check out competitors to Marathon Petroleum Corporation in a side-by-side comparison.

    Explore additional financial metrics for Marathon Petroleum Corporation.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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2024

Marathon Petroleum Corporation's annual revenue was $138.52 B in fiscal year 2024.

Marathon Petroleum Corporation's quarterly revenue was $32.76 B(Q1: Mar 2024), $37.76 B(Q2: Jun 2024), $34.93 B(Q3: Sep 2024), $33.07 B(Q4: Dec 2024) in fiscal year 2024.

2023

Marathon Petroleum Corporation's annual revenue was $148.46 B in fiscal year 2023.

Marathon Petroleum Corporation's quarterly revenue was $34.71 B(Q1: Mar 2023), $36.39 B(Q2: Jun 2023), $41.03 B(Q3: Sep 2023), $36.34 B(Q4: Dec 2023) in fiscal year 2023.

2022

Marathon Petroleum Corporation's annual revenue was $177.41 B in fiscal year 2022.

Marathon Petroleum Corporation's quarterly revenue was $38.07 B(Q1: Mar 2022), $53.86 B(Q2: Jun 2022), $45.78 B(Q3: Sep 2022), $39.70 B(Q4: Dec 2022) in fiscal year 2022.

2021

Marathon Petroleum Corporation's annual revenue was $119.78 B in fiscal year 2021.

Marathon Petroleum Corporation's quarterly revenue was $22.64 B(Q1: Mar 2021), $29.55 B(Q2: Jun 2021), $32.32 B(Q3: Sep 2021), $35.27 B(Q4: Dec 2021) in fiscal year 2021.

2020

Marathon Petroleum Corporation's annual revenue was $69.16 B in fiscal year 2020.

Marathon Petroleum Corporation's quarterly revenue was $21.95 B(Q1: Mar 2020), $12.06 B(Q2: Jun 2020), $17.25 B(Q3: Sep 2020), $17.90 B(Q4: Dec 2020) in fiscal year 2020.

2019

Marathon Petroleum Corporation's annual revenue was $110.47 B in fiscal year 2019.

Marathon Petroleum Corporation's quarterly revenue was $28.12 B(Q1: Mar 2019), $33.38 B(Q2: Jun 2019), $27.44 B(Q3: Sep 2019), $27.84 B(Q4: Dec 2019) in fiscal year 2019.

2018

Marathon Petroleum Corporation's annual revenue was $96.14 B in fiscal year 2018.

Marathon Petroleum Corporation's quarterly revenue was $18.79 B(Q1: Mar 2018), $22.24 B(Q2: Jun 2018), $22.91 B(Q3: Sep 2018), $32.19 B(Q4: Dec 2018) in fiscal year 2018.

2017

Marathon Petroleum Corporation's annual revenue was $74.59 B in fiscal year 2017.

Marathon Petroleum Corporation's quarterly revenue was $14.50 B(Q1: Mar 2017), $16.33 B(Q2: Jun 2017), $19.20 B(Q3: Sep 2017), $21.04 B(Q4: Dec 2017) in fiscal year 2017.

2016

Marathon Petroleum Corporation's annual revenue was $56.02 B in fiscal year 2016.

Marathon Petroleum Corporation's quarterly revenue was $10.96 B(Q1: Mar 2016), $14.95 B(Q2: Jun 2016), $14.76 B(Q3: Sep 2016), $15.36 B(Q4: Dec 2016) in fiscal year 2016.

2015

Marathon Petroleum Corporation's annual revenue was $64.45 B in fiscal year 2015.

Marathon Petroleum Corporation's quarterly revenue was $15.39 B(Q1: Mar 2015), $18.62 B(Q2: Jun 2015), $16.75 B(Q3: Sep 2015), $13.72 B(Q4: Dec 2015) in fiscal year 2015.

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2014 0
2015 -29.34
2016 -13.08
2017 +33.15
2018 +28.88
2019 +14.91
2020 -37.40
2021 +73.20
2022 +48.12
2023 -16.32
2024 -6.70

2024

Marathon Petroleum Corporation’s annual revenue decreased -6.70% during fiscal year 2024 compared to 2023. It represents a decline of -$9.94 B from $148.46 B (in 2023) to $138.52 B (in 2024).

2023

Marathon Petroleum Corporation’s annual revenue decreased -16.32% during fiscal year 2023 compared to 2022. It represents a decline of -$28.95 B from $177.41 B (in 2022) to $148.46 B (in 2023).

2022

Marathon Petroleum Corporation’s annual revenue increased +48.12% during fiscal year 2022 compared to 2021. It represents a growth of $57.63 B from $119.78 B (in 2021) to $177.41 B (in 2022).

2021

Marathon Petroleum Corporation’s annual revenue increased +73.20% during fiscal year 2021 compared to 2020. It represents a growth of $50.62 B from $69.16 B (in 2020) to $119.78 B (in 2021).

2020

Marathon Petroleum Corporation’s annual revenue decreased -37.40% during fiscal year 2020 compared to 2019. It represents a decline of -$41.32 B from $110.47 B (in 2019) to $69.16 B (in 2020).

2019

Marathon Petroleum Corporation’s annual revenue increased +14.91% during fiscal year 2019 compared to 2018. It represents a growth of $14.34 B from $96.14 B (in 2018) to $110.47 B (in 2019).

2018

Marathon Petroleum Corporation’s annual revenue increased +28.88% during fiscal year 2018 compared to 2017. It represents a growth of $21.54 B from $74.59 B (in 2017) to $96.14 B (in 2018).

2017

Marathon Petroleum Corporation’s annual revenue increased +33.15% during fiscal year 2017 compared to 2016. It represents a growth of $18.57 B from $56.02 B (in 2016) to $74.59 B (in 2017).

2016

Marathon Petroleum Corporation’s annual revenue decreased -13.08% during fiscal year 2016 compared to 2015. It represents a decline of -$8.43 B from $64.45 B (in 2015) to $56.02 B (in 2016).

2015

Marathon Petroleum Corporation’s annual revenue decreased -29.34% during fiscal year 2015 compared to 2014. It represents a decline of -$26.77 B from $91.22 B (in 2014) to $64.45 B (in 2015).

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Summary Table (Annual)

Period Revenue Year-over-Year Change
2024 $138.52 B -6.70%
2023 $148.46 B -16.32%
2022 $177.41 B +48.12%
2021 $119.78 B +73.20%
2020 $69.16 B -37.40%
2019 $110.47 B +14.91%
2018 $96.14 B +28.88%
2017 $74.59 B +33.15%
2016 $56.02 B -13.08%
2015 $64.45 B -29.34%

Summary Table (Quarterly)

Period Revenue Year-over-Year Change
Q2: Jun 25 $33.66 B -10.85%
Q1: Mar 25 $31.39 B -4.17%
Q4: Dec 24 $33.07 B -9.00%
Q3: Sep 24 $34.93 B -14.86%
Q2: Jun 24 $37.76 B 3.77%
Q1: Mar 24 $32.76 B -5.61%
Q4: Dec 23 $36.34 B -8.47%
Q3: Sep 23 $41.03 B -10.38%
Q2: Jun 23 $36.39 B -32.45%
Q1: Mar 23 $34.71 B -8.83%
Q4: Dec 22 $39.70 B 12.55%
Q3: Sep 22 $45.78 B 41.67%
Q2: Jun 22 $53.86 B 82.27%
Q1: Mar 22 $38.07 B 68.17%
Q4: Dec 21 $35.27 B 97.02%
Q3: Sep 21 $32.32 B 87.32%
Q2: Jun 21 $29.55 B 145.11%
Q1: Mar 21 $22.64 B 3.15%
Q4: Dec 20 $17.90 B -35.68%
Q3: Sep 20 $17.25 B -37.13%
Q2: Jun 20 $12.06 B -63.88%
Q1: Mar 20 $21.95 B -21.97%
Q4: Dec 19 $27.84 B -13.53%
Q3: Sep 19 $27.44 B 19.79%
Q2: Jun 19 $33.38 B 50.09%
Q1: Mar 19 $28.12 B 49.63%
Q4: Dec 18 $32.19 B 52.97%
Q3: Sep 18 $22.91 B 19.34%
Q2: Jun 18 $22.24 B 36.16%
Q1: Mar 18 $18.79 B 29.60%
Q4: Dec 17 $21.04 B 36.98%
Q3: Sep 17 $19.20 B 30.09%
Q2: Jun 17 $16.33 B 9.28%
Q1: Mar 17 $14.50 B 32.35%
Q4: Dec 16 $15.36 B 12.02%
Q3: Sep 16 $14.76 B -11.88%
Q2: Jun 16 $14.95 B -19.74%
Q1: Mar 16 $10.96 B -28.80%
Q4: Dec 15 $13.72 B -32.62%
Q3: Sep 15 $16.75 B -29.73%
Q2: Jun 15 $18.62 B -26.32%
Q1: Mar 15 $15.39 B -29.39%