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Marathon Petroleum Corp Gross Profit 2016-2025 | MPC

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What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is Marathon Petroleum Corp's current gross profit?

Marathon Petroleum Corp (MPC) annual gross profit for 2024 was $12.62B, a 36.28% decline from 2023. Marathon Petroleum Corp gross profit for the quarter ending September 30, 2025 was $3.61B.

What was Marathon Petroleum Corp's gross profit in 2023?

Marathon Petroleum Corp annual gross profit for 2023 was $19.81B, a 23.15% decline from 2022.

What was Marathon Petroleum Corp's gross profit in 2022?

Marathon Petroleum Corp annual gross profit for 2022 was $25.78B, a 158.47% increase from 2021.

What is Marathon Petroleum Corp's 5-year gross profit CAGR?

Marathon Petroleum Corp gross profit grew at a compound annual growth rate (CAGR) of 1.15% from FY2019 to FY2024, going from $11.92B to $12.62B over 5 years.

Gross Profit History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Declining
CAGR+1.2%
FY2019
$11.92B
→
FY2024
$12.62B
161718192021222324
5 years selected
Gross Profit History
PeriodValueChangeSource
FY2024$12.62B-36.3%10-K
FY2023$19.81B-23.2%10-K
FY2022$25.78B+158.5%10-K
FY2021$9.97B+146.5%10-K
FY2020$4.05B-66.1%10-K
FY2019$11.92B+31.9%10-K
FY2018$9.04B+18.2%10-K
FY2017$7.64B+15.8%10-K
FY2016$6.60B-10-K
Company: Marathon Petroleum CorpTicker: MPCSector: EnergyIndustry: Petroleum RefiningView company profile →