Marathon Petroleum Corporation (MPC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MPC Revenue Growth
Revenue Breakdown (FY 2025)
MPC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MPC Revenue Analysis (2014–2025)
As of May 8, 2026, Marathon Petroleum Corporation (MPC) generated trailing twelve-month (TTM) revenue of $135.75 billion, reflecting solid growth of +9.7% year-over-year. The most recent quarter (Q1 2026) recorded $34.57 billion in revenue, up 6.1% sequentially.
Looking at the longer-term picture, MPC's 5-year compound annual growth rate (CAGR) stands at +13.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $177.45 billion in 2022.
Revenue diversification analysis shows MPC's business is primarily driven by Refining And Marketing (94%), Midstream (4%), and Renewable Diesel (2%). With over half of revenue concentrated in Refining And Marketing, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including VLO (-1.7% YoY), PSX (-1.3% YoY), and PBF (-11.4% YoY), MPC has underperformed the peer group in terms of revenue growth. Compare MPC vs VLO →
MPC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MPCCurrent | $135.8B | +9.7% | +13.7% | 4.3% | |
 VLO | $122.7B | -1.7% | +13.6% | 3.5% | |
 PSX | $132.2B | -1.3% | +15.7% | 2.7% | |
 PBF | $29.3B | -11.4% | +14.2% | -0.2% | |
 DK | $10.7B | -5.6% | +8.0% | 3.7% | |
 MPLX | $11.8B | +12.1% | +7.1% | 40.3% |
MPC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $132.70B | -4.4% | $10.00B | 7.5% | $5.77B | 4.3% |
| 2024 | $138.86B | -6.4% | $9.29B | 6.7% | $5.25B | 3.8% |
| 2023 | $148.38B | -16.4% | $16.51B | 11.1% | $12.59B | 8.5% |
| 2022 | $177.45B | +47.9% | $22.57B | 12.7% | $18.97B | 10.7% |
| 2021 | $119.98B | +71.9% | $6.61B | 5.5% | $4.30B | 3.6% |
| 2020 | $69.78B | -37.2% | $671.0M | 1.0% | $-12,247,000,000 | -17.6% |
| 2019 | $111.15B | +29.1% | $8.70B | 7.8% | $4.46B | 4.0% |
| 2018 | $86.09B | +15.2% | $6.87B | 8.0% | $4.69B | 5.4% |
| 2017 | $74.73B | +18.0% | $5.53B | 7.4% | $4.02B | 5.4% |
| 2016 | $63.34B | -12.1% | $4.52B | 7.1% | $2.39B | 3.8% |
Full MPC Stock Analysis
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Start ComparisonMPC — Frequently Asked Questions
Quick answers to the most common questions about buying MPC stock.
Is MPC's revenue growth accelerating or slowing?
MPC maintains +9.7% revenue growth, in line with its 5-year CAGR of +13.7%. TTM revenue stands at $135.8B. Growth rate remains consistent with historical average.
What is MPC's long-term revenue growth rate?
Marathon Petroleum Corporation's 5-year revenue CAGR of +13.7% reflects the sustained expansion pattern. Current YoY growth of +9.7% is near this long-term average.
How is MPC's revenue distributed by segment?
MPC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.