Marathon Petroleum (MPC) Cost of Revenue (2010 - 2026)

Marathon Petroleum's (MPC) quarterly Cost of Revenue came in at $31.3 billion in Q1 2026, up 6.47% year-on-year from $29.4 billion in Q1 2025, and up 8.32% quarter-over-quarter from $28.9 billion in Q4 2025.

Marathon Petroleum (MPC) Cost of Revenue (2010 - 2026) Analysis & Trends

Marathon Petroleum has disclosed Cost of Revenue across 17 years of filings, most recently posting $31.3 billion for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $31.3 billion, up 6.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $121.3 billion (down 3.7% YoY), and the FY2025 annual result was $119.4 billion, down 5.38% from the prior year.
  • Cost of Revenue came in at $31.3 billion for Q1 2026 at Marathon Petroleum, up from $28.9 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $44.2 billion in Q2 2022 to a low of $28.9 billion in Q4 2025.
  • The 5-year median for Cost of Revenue is $31.8 billion (2023), against an average of $32.8 billion.
  • Across the five-year window, Cost of Revenue surged 66.33% in 2022 and decreased 28.15% in 2023, its largest moves.
  • Marathon Petroleum's Cost of Revenue stood at $33.6 billion in 2022, then slipped by 2.96% to $32.6 billion in 2023, then declined by 6.21% to $30.6 billion in 2024, then slipped by 5.55% to $28.9 billion in 2025, then grew by 8.32% to $31.3 billion in 2026.
  • The last three Cost of Revenue figures came in at $31.3 billion (Q1 2026), $28.9 billion (Q4 2025), and $31.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Marathon Petroleum 77.61 Bn 82.13 Bn 3.31 Bn 31.26 Bn
2 Valero Energy 76.94 Bn 74.27 Bn 30.79 Bn 1.60 Bn
3 Phillips 66 73.12 Bn 69.12 Bn 31.12 Bn 1.88 Bn
4 HF Sinclair 12.79 Bn 11.71 Bn 1.19 Bn 5.93 Bn
5 Sunoco 9.07 Bn 8.35 Bn 1.69 Bn 9.00 Bn
6 Cosan 5.03 Bn 155.31 Mn 552.94 Mn -3.48 Bn
7 Icahn Enterprises 4.61 Bn 3.31 Bn -134.00 Mn 2.34 Bn
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 7.63 Bn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 2.08 Bn
10 Delek US Holdings 2.89 Bn 2.52 Bn -130.20 Mn 2.78 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 31.26 Bn
Mar 31, 2026 31.26 Bn
Dec 31, 2025 28.86 Bn
Dec 31, 2025 28.86 Bn
Sep 30, 2025 31.20 Bn
Sep 30, 2025 31.20 Bn
Jun 30, 2025 30.03 Bn
Jun 30, 2025 30.03 Bn
Mar 31, 2025 29.36 Bn
Mar 31, 2025 29.36 Bn
Dec 31, 2024 30.56 Bn
Dec 31, 2024 30.56 Bn
Sep 30, 2024 32.14 Bn
Sep 30, 2024 32.14 Bn
Jun 30, 2024 33.95 Bn
Jun 30, 2024 33.95 Bn
Mar 31, 2024 29.59 Bn
Mar 31, 2024 29.59 Bn
Dec 31, 2023 32.58 Bn
Dec 31, 2023 32.58 Bn