Marathon Petroleum Gross Profit 2010-2023 | MPC

Marathon Petroleum annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Marathon Petroleum gross profit for the quarter ending December 31, 2023 was $3.673B, a 41.12% decline year-over-year.
  • Marathon Petroleum gross profit for the twelve months ending December 31, 2023 was $19.813B, a 23.15% decline year-over-year.
  • Marathon Petroleum annual gross profit for 2023 was $19.813B, a 23.15% decline from 2022.
  • Marathon Petroleum annual gross profit for 2022 was $25.782B, a 158.47% increase from 2021.
  • Marathon Petroleum annual gross profit for 2021 was $9.975B, a 146.54% increase from 2020.
Marathon Petroleum Annual Gross Profit
(Millions of US $)
2023 $19,813
2022 $25,782
2021 $9,975
2020 $4,046
2019 $11,920
2018 $9,039
2017 $7,644
2016 $6,663
2015 $16,468
2014 $14,047
2013 $12,759
2012 $13,575
2011 $12,843
2010 $10,756
2009 $8,527
Marathon Petroleum Quarterly Gross Profit
(Millions of US $)
2023-12-31 $3,673
2023-09-30 $5,989
2023-06-30 $4,581
2023-03-31 $5,570
2022-12-31 $6,238
2022-09-30 $6,966
2022-06-30 $9,588
2022-03-31 $2,990
2021-12-31 $3,152
2021-09-30 $2,758
2021-06-30 $2,438
2021-03-31 $1,627
2020-12-31 $756
2020-09-30 $735
2020-06-30 $693
2020-03-31 $1,862
2019-12-31 $2,573
2019-09-30 $3,207
2019-06-30 $3,847
2019-03-31 $2,293
2018-12-31 $2,499
2018-09-30 $2,382
2018-06-30 $2,662
2018-03-31 $1,496
2017-12-31 $1,630
2017-09-30 $2,593
2017-06-30 $2,079
2017-03-31 $1,342
2016-12-31 $-4,046
2016-09-30 $3,674
2016-06-30 $3,981
2016-03-31 $3,054
2015-12-31 $3,599
2015-09-30 $4,551
2015-06-30 $4,171
2015-03-31 $4,147
2014-12-31 $4,051
2014-09-30 $3,503
2014-06-30 $3,748
2014-03-31 $2,745
2013-12-31 $3,403
2013-09-30 $2,703
2013-06-30 $3,357
2013-03-31 $3,296
2012-12-31 $3,341
2012-09-30 $3,847
2012-06-30 $3,443
2012-03-31 $2,944
2011-12-31 $1,732
2011-09-30 $3,720
2011-06-30 $4,106
2011-03-31 $3,285
2010-12-31
2010-09-30 $2,994
2010-06-30 $3,003
2009-12-31
Sector Industry Market Cap Revenue
Oils/Energy Oil Refining & Marketing $71.941B $150.307B
Marathon Petroleum Corporation is a leading independent refiner, transporter and marketer of petroleum products. The company came into existence following the spin-off of Marathon Oil Corporation's refining/sales business into a separate, independent and publicly-traded entity.? Marathon Oil completed the acquisition of its rival Andeavor. Marathon Petroleum operates in two segments: Refining and Marketing and Pipeline Transportation. Refining and Marketing: The unit's operations refineries, located in the various regions of the United States. Marathon Petroleum through its marketing organization sells transportation fuels, asphalt and specialty products throughout the country to support commercial, industrial and retail operations. Midstream: This unit mainly reflects Marathon Petroleum's general partner and majority limited partner interests in MPLX LP and Andeavor Logistics LP that own and operate gathering and processing assets along with crude transportation and logistics infrastructure.
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