Marathon Petroleum Corporation's Revenue
- Marathon Petroleum Corporation's annual revenue was $149.35B in fiscal year 2023. The annual revenue decreased -$28.89B from $178.24B (in 2022) to $149.35B (in 2023), representing a -16.21% year-over-year decline.
- Marathon Petroleum Corporation's quarterly revenue was $35.37B in the quarter ending Sep 2024. The quarterly revenue decreased -$5.66B from $41.03B (in Q3: June 2023) to $35.37B (in Q3: June 2024), representing a -13.79% year-over-year decline.
- The highest annual revenue for Marathon Petroleum Corporation was $178.24B in fiscal year 2022.
- The lowest annual revenue was $63.52B in fiscal year 2016.
- The average revenue was $102.06B.
- 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.
Over the past 10 years (2015 - 2024):
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 :
| 2014 | 91254000000.00 |
|---|---|
| 2015 | 64471000000.00 |
| 2016 | 63517000000.00 |
| 2017 | 75053000000.00 |
| 2018 | 86284000000.00 |
| 2019 | 111275000000.00 |
| 2020 | 69896000000.00 |
| 2021 | 120451000000.00 |
| 2022 | 178236000000.00 |
| 2023 | 149348000000.00 |
| Mar 2015 | 15388000000.00 |
|---|---|
| Jun 2015 | 18623000000.00 |
| Sep 2015 | 16745000000.00 |
| Dec 2015 | 13715000000.00 |
| Mar 2016 | 10957000000.00 |
| Jun 2016 | 14947000000.00 |
| Sep 2016 | 14753000000.00 |
| Dec 2016 | 15354000000.00 |
| Mar 2017 | 16331000000.00 |
| Jun 2017 | 18264000000.00 |
| Sep 2017 | 19302000000.00 |
| Dec 2017 | 21156000000.00 |
| Mar 2018 | 18896000000.00 |
| Jun 2018 | 22362000000.00 |
| Sep 2018 | 23035000000.00 |
| Dec 2018 | 32413000000.00 |
| Mar 2019 | 28288000000.00 |
| Jun 2019 | 27363000000.00 |
| Sep 2019 | 27582000000.00 |
| Dec 2019 | 28042000000.00 |
| Mar 2020 | 22227000000.00 |
| Jun 2020 | 12219000000.00 |
| Sep 2020 | 17430000000.00 |
| Dec 2020 | 18020000000.00 |
| Mar 2021 | 22788000000.00 |
| Jun 2021 | 29734000000.00 |
| Sep 2021 | 32491000000.00 |
| Dec 2021 | 35438000000.00 |
| Mar 2022 | 38384000000.00 |
| Jun 2022 | 54238000000.00 |
| Sep 2022 | 45787000000.00 |
| Dec 2022 | 39918000000.00 |
| Mar 2023 | 34707000000.00 |
| Jun 2023 | 36385000000.00 |
| Sep 2023 | 41032000000.00 |
| Dec 2023 | 36334000000.00 |
| Mar 2024 | 32706000000.00 |
| Jun 2024 | 37759000000.00 |
| Sep 2024 | 35373000000.00 |
2023
Marathon Petroleum Corporation's annual revenue was $149.35B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $34.71B(Q1: Mar 2023), $36.39B(Q2: Jun 2023), $41.03B(Q3: Sep 2023), $36.33B(Q4: Dec 2023) in fiscal year 2023.
2022
Marathon Petroleum Corporation's annual revenue was $178.24B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $38.38B(Q1: Mar 2022), $54.24B(Q2: Jun 2022), $45.79B(Q3: Sep 2022), $39.92B(Q4: Dec 2022) in fiscal year 2022.
2021
Marathon Petroleum Corporation's annual revenue was $120.45B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $22.79B(Q1: Mar 2021), $29.73B(Q2: Jun 2021), $32.49B(Q3: Sep 2021), $35.44B(Q4: Dec 2021) in fiscal year 2021.
2020
Marathon Petroleum Corporation's annual revenue was $69.90B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $22.23B(Q1: Mar 2020), $12.22B(Q2: Jun 2020), $17.43B(Q3: Sep 2020), $18.02B(Q4: Dec 2020) in fiscal year 2020.
2019
Marathon Petroleum Corporation's annual revenue was $111.28B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $28.29B(Q1: Mar 2019), $27.36B(Q2: Jun 2019), $27.58B(Q3: Sep 2019), $28.04B(Q4: Dec 2019) in fiscal year 2019.
2018
Marathon Petroleum Corporation's annual revenue was $86.28B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $18.90B(Q1: Mar 2018), $22.36B(Q2: Jun 2018), $23.04B(Q3: Sep 2018), $32.41B(Q4: Dec 2018) in fiscal year 2018.
2017
Marathon Petroleum Corporation's annual revenue was $75.05B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $16.33B(Q1: Mar 2017), $18.26B(Q2: Jun 2017), $19.30B(Q3: Sep 2017), $21.16B(Q4: Dec 2017) in fiscal year 2017.
2016
Marathon Petroleum Corporation's annual revenue was $63.52B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $10.96B(Q1: Mar 2016), $14.95B(Q2: Jun 2016), $14.75B(Q3: Sep 2016), $15.35B(Q4: Dec 2016) in fiscal year 2016.
2015
Marathon Petroleum Corporation's annual revenue was $64.47B in fiscal year 2023.
Marathon Petroleum Corporation's quarterly revenue was $15.39B(Q1: Mar 2015), $18.62B(Q2: Jun 2015), $16.75B(Q3: Sep 2015), $13.72B(Q4: Dec 2015) in fiscal year 2015.
| 2014 | 0 |
|---|---|
| 2015 | -29.35 |
| 2016 | -1.48 |
| 2017 | +18.16 |
| 2018 | +14.96 |
| 2019 | +28.96 |
| 2020 | -37.19 |
| 2021 | +72.33 |
| 2022 | +47.97 |
| 2023 | -16.21 |
| Q1: Mar 15 | -29.39 |
|---|---|
| Q2: Jun 15 | -26.32 |
| Q3: Sep 15 | -29.73 |
| Q4: Dec 15 | -32.62 |
| Q1: Mar 16 | -28.80 |
| Q2: Jun 16 | -19.74 |
| Q3: Sep 16 | -11.90 |
| Q4: Dec 16 | 11.95 |
| Q1: Mar 17 | 49.05 |
| Q2: Jun 17 | 22.19 |
| Q3: Sep 17 | 30.83 |
| Q4: Dec 17 | 37.79 |
| Q1: Mar 18 | 15.71 |
| Q2: Jun 18 | 22.44 |
| Q3: Sep 18 | 19.34 |
| Q4: Dec 18 | 53.21 |
| Q1: Mar 19 | 49.70 |
| Q2: Jun 19 | 22.36 |
| Q3: Sep 19 | 19.74 |
| Q4: Dec 19 | -13.49 |
| Q1: Mar 20 | -21.43 |
| Q2: Jun 20 | -55.34 |
| Q3: Sep 20 | -36.81 |
| Q4: Dec 20 | -35.74 |
| Q1: Mar 21 | 2.52 |
| Q2: Jun 21 | 143.34 |
| Q3: Sep 21 | 86.41 |
| Q4: Dec 21 | 96.66 |
| Q1: Mar 22 | 68.44 |
| Q2: Jun 22 | 82.41 |
| Q3: Sep 22 | 40.92 |
| Q4: Dec 22 | 12.64 |
| Q1: Mar 23 | -9.58 |
| Q2: Jun 23 | -32.92 |
| Q3: Sep 23 | -10.39 |
| Q4: Dec 23 | -8.98 |
| Q1: Mar 24 | -5.77 |
| Q2: Jun 24 | 3.78 |
| Q3: Sep 24 | -13.79 |
2023
Marathon Petroleum Corporation’s annual revenue decreased -16.21% during fiscal year 2023 compared to 2022. It represents a decline of -$28.89B from $178.24B (in 2022) to $149.35B (in 2023).
2022
Marathon Petroleum Corporation’s annual revenue increased +47.97% during fiscal year 2022 compared to 2021. It represents a growth of $57.79B from $120.45B (in 2021) to $178.24B (in 2022).
2021
Marathon Petroleum Corporation’s annual revenue increased +72.33% during fiscal year 2021 compared to 2020. It represents a growth of $50.56B from $69.90B (in 2020) to $120.45B (in 2021).
2020
Marathon Petroleum Corporation’s annual revenue decreased -37.19% during fiscal year 2020 compared to 2019. It represents a decline of -$41.38B from $111.28B (in 2019) to $69.90B (in 2020).
2019
Marathon Petroleum Corporation’s annual revenue increased +28.96% during fiscal year 2019 compared to 2018. It represents a growth of $24.99B from $86.28B (in 2018) to $111.28B (in 2019).
2018
Marathon Petroleum Corporation’s annual revenue increased +14.96% during fiscal year 2018 compared to 2017. It represents a growth of $11.23B from $75.05B (in 2017) to $86.28B (in 2018).
2017
Marathon Petroleum Corporation’s annual revenue increased +18.16% during fiscal year 2017 compared to 2016. It represents a growth of $11.54B from $63.52B (in 2016) to $75.05B (in 2017).
2016
Marathon Petroleum Corporation’s annual revenue decreased -1.48% during fiscal year 2016 compared to 2015. It represents a decline of -$954.00M from $64.47B (in 2015) to $63.52B (in 2016).
2015
Marathon Petroleum Corporation’s annual revenue decreased -29.35% during fiscal year 2015 compared to 2014. It represents a decline of -$26.78B from $91.25B (in 2014) to $64.47B (in 2015).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2023 | $149.35B | -16.21% |
| 2022 | $178.24B | +47.97% |
| 2021 | $120.45B | +72.33% |
| 2020 | $69.90B | -37.19% |
| 2019 | $111.28B | +28.96% |
| 2018 | $86.28B | +14.96% |
| 2017 | $75.05B | +18.16% |
| 2016 | $63.52B | -1.48% |
| 2015 | $64.47B | -29.35% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q3: Sep 24 | $35.37B | -13.79% |
| Q2: Jun 24 | $37.76B | 3.78% |
| Q1: Mar 24 | $32.71B | -5.77% |
| Q4: Dec 23 | $36.33B | -8.98% |
| Q3: Sep 23 | $41.03B | -10.39% |
| Q2: Jun 23 | $36.39B | -32.92% |
| Q1: Mar 23 | $34.71B | -9.58% |
| Q4: Dec 22 | $39.92B | 12.64% |
| Q3: Sep 22 | $45.79B | 40.92% |
| Q2: Jun 22 | $54.24B | 82.41% |
| Q1: Mar 22 | $38.38B | 68.44% |
| Q4: Dec 21 | $35.44B | 96.66% |
| Q3: Sep 21 | $32.49B | 86.41% |
| Q2: Jun 21 | $29.73B | 143.34% |
| Q1: Mar 21 | $22.79B | 2.52% |
| Q4: Dec 20 | $18.02B | -35.74% |
| Q3: Sep 20 | $17.43B | -36.81% |
| Q2: Jun 20 | $12.22B | -55.34% |
| Q1: Mar 20 | $22.23B | -21.43% |
| Q4: Dec 19 | $28.04B | -13.49% |
| Q3: Sep 19 | $27.58B | 19.74% |
| Q2: Jun 19 | $27.36B | 22.36% |
| Q1: Mar 19 | $28.29B | 49.70% |
| Q4: Dec 18 | $32.41B | 53.21% |
| Q3: Sep 18 | $23.04B | 19.34% |
| Q2: Jun 18 | $22.36B | 22.44% |
| Q1: Mar 18 | $18.90B | 15.71% |
| Q4: Dec 17 | $21.16B | 37.79% |
| Q3: Sep 17 | $19.30B | 30.83% |
| Q2: Jun 17 | $18.26B | 22.19% |
| Q1: Mar 17 | $16.33B | 49.05% |
| Q4: Dec 16 | $15.35B | 11.95% |
| Q3: Sep 16 | $14.75B | -11.90% |
| Q2: Jun 16 | $14.95B | -19.74% |
| Q1: Mar 16 | $10.96B | -28.80% |
| Q4: Dec 15 | $13.72B | -32.62% |
| Q3: Sep 15 | $16.75B | -29.73% |
| Q2: Jun 15 | $18.62B | -26.32% |
| Q1: Mar 15 | $15.39B | -29.39% |
