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Marathon Petroleum's revenue is $140.4 billion.

What is Marathon Petroleum's revenue?

Marathon Petroleum's annual revenue is $140.4B. Zippia's data science team found the following key financial metrics about Marathon Petroleum after extensive research and analysis.
  • Marathon Petroleum's revenue growth from 2010 to 2024 is 125.02%.
  • Marathon Petroleum has 43,800 employees, and the revenue per employee ratio is $3,205,114.
  • Marathon Petroleum's peak quarterly revenue was $54.2B in 2022(q2).
  • Marathon Petroleum peak revenue was $178.9B in 2022.
  • Marathon Petroleum annual revenue for 2023 was 150.1B, -16.1% growth from 2022.
  • Marathon Petroleum annual revenue for 2024 was 140.4B, -6.47% growth from 2023.

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Most recent quarter revenue
$33.5B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$178.9B (2022)
Company peak revenue
Revenue / employee
$3.2M
Company revenue / employee

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Most recent quarter revenue
$33.5B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$178.9B (2022)
Company peak revenue
Revenue / employee
$3.2M
Company revenue / employee

Marathon Petroleum historical revenue

Marathon Petroleum's peak revenue was $178.9B in 2022. The peak quarterly revenue was $54.2B in 2022(q2).

Marathon Petroleum's revenue increased from $62.4b in 2010 to $140.4B currently. That's a 125.02% change in annual revenue.

Marathon Petroleum annual revenue

$179B
$143B
$107B
$72B
$36B
$0
2019
2020
2021
2022
2023
2024

Marathon Petroleum annual revenue over time

Fiscal year / yearMarathon Petroleum revenue
2010$62.4B
2011$78.6B
2012$82.2B
2013$100.2B
2014$97.8B
2015$72.1B
2016$63.3B
2017$74.1B
2018$86.1B
2019$111.1B
2020$69.9B
2021$120.9B
2022$178.9B
2023$150.1B
2024$140.4B

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Marathon Petroleum annual growth

Marathon Petroleum saw the greatest revenue growth in 2021, when revenue increased by 72.33%.

Marathon Petroleum had the lowest revenue growth in 2020, when revenue changed by -37.11%.

Marathon Petroleum annual growth rate over time

YearMarathon Petroleum growth
2011
26%
2012
5%
2013
22%
2014
-2%
2015
-26%
2016
-12%
2017
17%
2018
16%
2019
29%
2020
-37%
2021
73%
2022
48%
2023
-16%
2024
-6%

Marathon Petroleum quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$54B
$43B
$33B
$22B
$11B
$0
2020
2021
2022
2023
2024

Marathon Petroleum quarterly growth rate over time

YearQ1Q2Q3Q4
2011-$20.7B$20.6B$19.4B
2012$20.3B$20.2B$21.0B$20.7B
2013$23.3B$25.7B$26.3B$24.9B
2014$23.3B$26.8B$25.4B$22.3B
2015$17.2B$20.5B$18.7B$15.6B
2016$12.8B$16.8B$16.6B$17.2B
2017$16.1B$18.0B$19.1B$20.9B
2018$18.7B$22.1B$22.8B$22.5B
2019$28.1B$33.5B$27.6B$28.0B
2020$22.2B$12.2B$17.4B$18.1B
2021$22.9B$29.8B$32.6B$35.6B
2022$38.4B$54.2B$46.2B$40.1B
2023$35.1B$36.8B$41.5B$36.7B
2024$33.2B$38.4B$35.4B$33.5B

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Marathon Petroleum financial information

CEOMichael J. Hennigan
IndustryEnergy Equipment & Services
Company TypePublic
Employees Number43,800
Date Founded2009
HeadquartersFindlay, Ohio
Number of Locations19
Revenue$140.4B
Net Income$14,516,000,000
Gross Proft$14.1B (2024)
EBITDA$8.5B (2024)
PE Ratio13.07
Tax Rate0.1%
Market Capitalization$45.0B
Total Assets$89,904,000,000
TickerMPC

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Marathon Petroleum competitors

Marathon Petroleum's top competitor, BP America Inc, earned an annual revenue of $164.2B.

Marathon Petroleum's smallest competitor is Northern Tier Energy LP with revenue of $5.6B last year.

Marathon Petroleum revenue FAQs

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Zippia gives an in-depth look into the details of Marathon Petroleum, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Marathon Petroleum. The employee data is based on information from people who have self-reported their past or current employments at Marathon Petroleum. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Marathon Petroleum. The data presented on this page does not represent the view of Marathon Petroleum and its employees or that of Zippia.

Marathon Petroleum may also be known as or be related to Marathon Petroleum and Marathon Petroleum Corporation.