Marathon Petroleum Corporation's Revenue by Segment
In fiscal year 2024, Marathon Petroleum Corporation's revenue by segment (products & services) are as follows:
- Midstream: $5.20B
- Refining And Marketing: $131.59B
- Renewable Diesel: $2.07B
Learn more about Marathon Petroleum Corporation’s Revenue by Geography
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Explore additional financial metrics for Marathon Petroleum Corporation.
| Midstream | 5366000000 |
|---|---|
| Refining & Marketing | 172087000000 |
| Midstream | 4911000000 |
|---|---|
| Refining & Marketing | 143468000000 |
| Midstream | 5197000000 |
|---|---|
| Refining And Marketing | 131588000000 |
| Renewable Diesel | 2073000000 |
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 3.02% of its total revenue.
- Refining & Marketing generated $172.09B in revenue, representing 96.98% of its total revenue.
The biggest segment for Marathon Petroleum Corporation is the Refining & Marketing, which represents 96.98% of its total revenue.
The smallest segment for Marathon Petroleum Corporation is the Midstream, which represents 3.02% 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 3.31% of its total revenue.
- Refining & Marketing generated $143.47B in revenue, representing 96.69% of its total revenue.
The biggest segment for Marathon Petroleum Corporation is the Refining & Marketing, which represents 96.69% of its total revenue.
The smallest segment for Marathon Petroleum Corporation is the Midstream, which represents 3.31% of its total revenue.
The above chart shows Marathon Petroleum Corporation's revenue percentage share by segment (products and services).
In fiscal year 2024, Marathon Petroleum Corporation's revenue by segment is as follows:
- Midstream generated $5.20B in revenue, representing 3.74% of its total revenue.
- Refining And Marketing generated $131.59B in revenue, representing 94.76% of its total revenue.
- Renewable Diesel generated $2.07B in revenue, representing 1.49% of its total revenue.
The biggest segment for Marathon Petroleum Corporation is the Refining And Marketing, which represents 94.76% of its total revenue.
The smallest segment for Marathon Petroleum Corporation is the Renewable Diesel, which represents 1.49% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Refining & Marketing | 96.98% | 96.69% | - |
| Midstream | 3.02% | 3.31% | 3.74% |
| Renewable Diesel | - | - | 1.49% |
| Refining And Marketing | - | - | 94.76% |
| Total Revenue | 100% | 100% | 100% |
The above chart shows the revenue trend of different segments of Marathon Petroleum Corporation.
In fiscal year 2024, the Refining And Marketing generated the most revenue ($131.59B), and the Renewable Diesel generated the least revenue ($2.07B).
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2022 | 2023 | 2024 |
|---|---|---|---|
| Midstream | $5.37B - |
$4.91B
8.48%
|
$5.20B
5.82%
|
| Refining & Marketing | $172.09B - |
$143.47B
16.63%
|
- - |
| Refining And Marketing | - - | - - | $131.59B - |
| Renewable Diesel | - - | - - | $2.07B - |
| Total Revenue | $177.45B - |
$148.38B
16.38%
|
$138.86B
6.42%
|
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