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    Marathon Petroleum Corporation
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    Revenue breakdown by Products & Services
    Revenue breakdown by Geography

    Marathon Petroleum Corporation's Revenue by Segment

    In fiscal year 2023, Marathon Petroleum Corporation's revenue by segment (products & services) are as follows:

    • Midstream: $4.91B
    • Refining & Marketing: $143.47B
    • Refining And Marketing: $143.58B

    Learn more about Marathon Petroleum Corporation’s Revenue by Geography

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

    Explore additional financial metrics for Marathon Petroleum Corporation.

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    The above chart shows Marathon Petroleum Corporation's revenue percentage share by segment (products and services).

    In fiscal year 2021, Marathon Petroleum Corporation's revenue by segment is as follows:

    • Midstream generated $4.63B in revenue, representing 1.97% of its total revenue.
    • Refining & Marketing generated $115.35B in revenue, representing 48.99% of its total revenue.
    • Refining And Marketing generated $115.49B in revenue, representing 49.05% of its total revenue.

    The biggest segment for Marathon Petroleum Corporation is the Refining And Marketing, which represents 49.05% of its total revenue.
    The smallest segment for Marathon Petroleum Corporation is the Midstream, which represents 1.97% of its total revenue.

    The above chart shows Marathon Petroleum Corporation's revenue percentage share by segment (products and services).

    In fiscal year 2022, Marathon Petroleum Corporation's revenue by segment is as follows:

    • Midstream generated $5.37B in revenue, representing 1.53% of its total revenue.
    • Refining & Marketing generated $172.09B in revenue, representing 49.22% of its total revenue.
    • Refining And Marketing generated $172.21B in revenue, representing 49.25% of its total revenue.

    The biggest segment for Marathon Petroleum Corporation is the Refining And Marketing, which represents 49.25% of its total revenue.
    The smallest segment for Marathon Petroleum Corporation is the Midstream, which represents 1.53% of its total revenue.

    The above chart shows Marathon Petroleum Corporation's revenue percentage share by segment (products and services).

    In fiscal year 2023, Marathon Petroleum Corporation's revenue by segment is as follows:

    • Midstream generated $4.91B in revenue, representing 1.68% of its total revenue.
    • Refining & Marketing generated $143.47B in revenue, representing 49.14% of its total revenue.
    • Refining And Marketing generated $143.58B in revenue, representing 49.18% of its total revenue.

    The biggest segment for Marathon Petroleum Corporation is the Refining And Marketing, which represents 49.18% of its total revenue.
    The smallest segment for Marathon Petroleum Corporation is the Midstream, which represents 1.68% of its total revenue.
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    Summary Table

    Products & Services (Percent Share) 2021 2022 2023
    Midstream 1.97% 1.53% 1.68%
    Refining And Marketing 49.05% 49.25% 49.18%
    Refining & Marketing 48.99% 49.22% 49.14%
    Total Revenue 100% 100% 100%

    The above chart shows the revenue trend of different segments of Marathon Petroleum Corporation.

    In fiscal year 2023, the Refining And Marketing generated the most revenue ($143.58B), and the Midstream generated the least revenue ($4.91B).

    The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Midstream revenue decreased -8.48% ($455.00M) from $5.37B (in 2022) to $4.91B (in 2023).
  • Refining & Marketing revenue decreased -16.63% ($28.62B) from $172.09B (in 2022) to $143.47B (in 2023).
  • Refining And Marketing revenue decreased -16.63% ($28.63B) from $172.21B (in 2022) to $143.58B (in 2023).
    • Continue reading...

    Summary Table

    Products & Services 2021
    Value Change
    		2022
    Value Change
    		2023
    Value Change
    Midstream $4.63B - $5.37B
    15.82%
    		$4.91B
    8.48%
    Refining & Marketing $115.35B - $172.09B
    49.19%
    		$143.47B
    16.63%
    Refining And Marketing $115.49B - $172.21B
    49.10%
    		$143.58B
    16.63%
    Total Revenue $235.48B - $349.66B
    48.49%
    		$291.95B
    16.50%

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