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
| Period | Value | Change | Source |
|---|---|---|---|
| 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 →