Marathon Petroleum Corp Net Income 2009-2025 | MPC
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is Marathon Petroleum Corp's current net income?
Marathon Petroleum Corp (MPC) annual net income for 2024 was $3.44B, a 64.41% decline from 2023. Marathon Petroleum Corp net income for the quarter ending September 30, 2025 was $1.37B.
What was Marathon Petroleum Corp's net income in 2023?
Marathon Petroleum Corp annual net income for 2023 was $9.68B, a 33.31% decline from 2022.
What was Marathon Petroleum Corp's net income in 2022?
Marathon Petroleum Corp annual net income for 2022 was $14.52B, a 49.07% increase from 2021.
What is Marathon Petroleum Corp's 5-year net income CAGR?
Marathon Petroleum Corp net income grew at a compound annual growth rate (CAGR) of 5.49% from FY2019 to FY2024, going from $2.64B to $3.44B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $3.44B | -64.4% | 10-K |
| FY2023 | $9.68B | -33.3% | 10-K |
| FY2022 | $14.52B | +49.1% | 10-K |
| FY2021 | $9.74B | +199.1% | 10-K |
| FY2020 | $-9.83B | -472.6% | 10-K |
| FY2019 | $2.64B | -5.1% | 10-K |
| FY2018 | $2.78B | -19.0% | 10-K |
| FY2017 | $3.43B | +192.3% | 10-K |
| FY2016 | $1.17B | -58.8% | 10-K |
| FY2015 | $2.85B | +13.0% | 10-K |
| FY2014 | $2.52B | +19.5% | 10-K |
| FY2013 | $2.11B | -37.7% | 10-K |
| FY2012 | $3.39B | +41.9% | 10-K |
| FY2011 | $2.39B | +283.5% | 10-K |
| FY2010 | $623.0M | +38.8% | 10-K |
| FY2009 | $449.0M | - | 10-K |