Operating Income for Marathon Petroleum (MPC)
According to Marathon Petroleum's latest reported financial statements, the company's current operating income (TTM) is $5.77B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.77B
YoY change
+9.9%
5Y CAGR
N/A
Peak year (2022)
$18.97B
Cumulative operating income
$74.96B
Operating Income history chart for Marathon Petroleum (MPC) from 2008 to 2025
Operating Income history table for Marathon Petroleum (MPC) from 2008 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $5.77B | +9.9% | ||
| 2024 | $5.25B | -58.3% | ||
| 2023 | $12.59B | -33.7% | ||
| 2022 | $18.97B | +341.2% | ||
| 2021 | $4.30B | -135.1% | ||
| 2020 | -$12.25B | -374.5% | ||
| 2019 | $4.46B | -4.9% | ||
| 2018 | $4.69B | +16.7% | ||
| 2017 | $4.02B | +68.4% | ||
| 2016 | $2.39B | -49.1% | ||
| 2015 | $4.69B | +15.8% | ||
| 2014 | $4.05B | +18.3% | ||
| 2013 | $3.42B | -35.9% | ||
| 2012 | $5.35B | +42.8% | ||
| 2011 | $3.75B | +270.4% | ||
| 2010 | $1.01B | +54.6% | ||
| 2009 | $654.00M | -64.7% | ||
| 2008 | $1.85B | — |
Operating Income values are taken from Marathon Petroleum's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Marathon Petroleum (MPC) came in at $5.77B – grew 9.9% year-over-year.
Across 2015–2025 (10 years), Marathon Petroleum operating income produced a CAGR of +2.1% – with the latest reading among the more recent periods of the dataset.
Marathon Petroleum operating income peaked at $18.97B in 2022; the latest annual figure is $5.77B in 2025 (69.6% below peak).
The dataset's maximum operating income sits at $18.97B (2022); the minimum reading of -$12.25B dates to 2020.
Among 8 Energy peers, Marathon Petroleum (MPC) ranks 6th; the peer median for operating income is $9.44B.
Marathon Petroleum Operating Income by Year
Marathon Petroleum Operating Income 2025: $5.77B
Marathon Petroleum operating income in 2025 was $5.77B, grew 9.9% from 2024.
Marathon Petroleum Operating Income 2024: $5.25B
Marathon Petroleum operating income in 2024 was $5.25B, plunged 58.3% below 2023.
Marathon Petroleum Operating Income 2023: $12.59B
Marathon Petroleum operating income in 2023 was $12.59B, plunged 33.7% below 2022.
Marathon Petroleum Operating Income 2022: $18.97B
Marathon Petroleum operating income in 2022 was $18.97B, surged 341.2% from 2021. This figure represents the highest annual value in the available history.
Marathon Petroleum Operating Income 2021: $4.30B
Marathon Petroleum operating income in 2021 was $4.30B.
See more financial history for Marathon Petroleum (MPC).
Sector peers — Operating Income
Companies in the same sector as Marathon Petroleum, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| ConocoPhillips (COP) | $11.49B | Energy |
| Enbridge Inc. (ENB) | $10.96B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is Marathon Petroleum's operating income?
- Latest reported operating income for Marathon Petroleum (MPC) is $5.77B (period ending December 31, 2025).
How has Marathon Petroleum operating income changed year-over-year?
- Marathon Petroleum (MPC) operating income changed +9.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Marathon Petroleum operating income?
- Marathon Petroleum (MPC) operating income compound annual growth rate is +2.1% over the most recent 10 years available.
When did Marathon Petroleum operating income hit its highest annual value?
- Marathon Petroleum operating income reached its highest annual value of $18.97B in 2022.
What was Marathon Petroleum operating income in 2024?
- Marathon Petroleum (MPC) operating income in 2024 was $5.25B.
What was Marathon Petroleum operating income in 2025?
- Marathon Petroleum (MPC) operating income in 2025 was $5.77B.
Metrics overview
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