Marathon Petroleum (MPC) Cost of Revenue (2010 - 2026)
Marathon Petroleum (MPC) posted Cost of Revenue of $43.06 billion for Q2 2026, up 43.4% from $30.03 billion a year earlier and up 37.8% from the prior quarter.
Marathon Petroleum (MPC) Cost of Revenue (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Marathon Petroleum was $134.39 billion, up 10.1% year-over-year; for FY2025, it was $119.45 billion, down 5.4% from FY2024.
- Annual Cost of Revenue has declined for three consecutive years, though with a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- In prior years, Marathon Petroleum's Cost of Revenue was $126.24 billion in FY2024 (-1.8%), $128.57 billion in FY2023 (-15.2%), $151.67 billion in FY2022 (+37.9%) and $110.01 billion in FY2021 (+67.4%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue since Q2 2022.
- On a year-over-year basis, Cost of Revenue increased in two of the last eight quarters, with growth averaging 1.9%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2021, with growth of 86.9%; the weakest was Q2 2023, with a decline of 28.2%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $31.26 billion (Q1 2026), $28.86 billion (Q4 2025) and $31.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 43.06 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 39.01 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 8.82 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 10.53 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 12.80 Bn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 7.29 Bn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 2.62 Bn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 3.72 Bn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 2.12 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.06 Bn |
| Mar 31, 2026 | 31.26 Bn |
| Dec 31, 2025 | 28.86 Bn |
| Sep 30, 2025 | 31.20 Bn |
| Jun 30, 2025 | 30.03 Bn |
| Mar 31, 2025 | 29.36 Bn |
| Dec 31, 2024 | 30.56 Bn |
| Sep 30, 2024 | 32.14 Bn |
| Jun 30, 2024 | 33.95 Bn |
| Mar 31, 2024 | 29.59 Bn |
| Dec 31, 2023 | 32.58 Bn |
| Sep 30, 2023 | 34.93 Bn |
| Jun 30, 2023 | 31.76 Bn |
| Mar 31, 2023 | 29.29 Bn |
| Dec 31, 2022 | 33.58 Bn |
| Sep 30, 2022 | 38.82 Bn |
| Jun 30, 2022 | 44.21 Bn |
| Mar 31, 2022 | 35.07 Bn |
| Dec 31, 2021 | 32.18 Bn |
| Sep 30, 2021 | 29.56 Bn |
Marathon Petroleum Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();