Marathon Petroleum Corporation revenue by segment MPC

Annual Quarterly

Marathon Petroleum Corporation splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Refining And Marketing at $124.3 billion, 94% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Refined Products at $116.5 billion, 88% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	174,800	132,699	138,864	148,379	177,453	119,983	69,779	111,148	86,086	74,733	—
Operating segments
Refining And Marketing	165,039 +31.9% share 94.4%	124,252 -5.6% share 93.6%	131,588 -7.2% share 94.8%	141,835 -17.6% share 95.6%	172,087 +49.2% share 97.0%	115,350 +74.3% share 96.1%	66,180 -38.3% share 94.8%	107,305 +54.0% share 96.5%	69,685 +30.5% share 80.9%	53,382 share 71.4%	—
Midstream	5,731 +2.1% share 3.3%	5,628 +8.3% share 4.2%	5,197 +5.8% share 3.7%	4,911 -8.5% share 3.3%	5,366 +15.8% share 3.0%	4,633 +28.7% share 3.9%	3,599 -6.3% share 5.2%	3,843 +17.4% share 3.5%	3,273 +41.0% share 3.8%	2,322 share 3.1%	—
Renewable Diesel	4,025 +57.0% share 2.3%	2,814 +35.4% share 2.1%	2,079 +27.3% share 1.5%	1,633 +160.9% share 1.1%	626 share 0.4%	—	—	—	—	—	—
Sales mix
Refined Products	155,559 +33.0% share 89.0%	116,504 -4.8% share 87.8%	122,429 -7.7% share 88.2%	132,675 -17.8% share 89.4%	161,362 +50.3% share 90.9%	107,345 +74.1% share 89.5%	61,648 -39.7% share 88.3%	102,316 +55.2% share 92.1%	65,916 +31.3% share 76.6%	50,193 share 67.2%	—
Crude Oil	7,362 +19.6% share 4.2%	5,817 -20.3% share 4.4%	7,298 -1.7% share 5.3%	7,423 -17.2% share 5.0%	8,962 +25.7% share 5.1%	7,132 +77.3% share 5.9%	4,023 -8.6% share 5.8%	4,402 +31.6% share 4.0%	3,345 +16.9% share 3.9%	2,862 share 3.8%	—
Services And Other	2,118 +9.6% share 1.2%	1,931 +3.8% share 1.5%	1,861 +7.1% share 1.3%	1,737 -1.5% share 1.2%	1,763 +101.9% share 1.0%	873 +71.5% share 0.7%	509 -13.3% share 0.7%	587 share 0.5%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Petroleum Refining (SIC 2911)
Listed as: MPC (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Findlay, OH
SEC filer status: Large accelerated filer
SEC CIK: 1510295

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.