Marathon Petroleum (MPC) Cost of Revenue (2010 - 2026)
Marathon Petroleum (MPC) posted Cost of Revenue of $31.3 billion for Q1 2026, up 8.32% sequentially from $28.9 billion in Q4 2025, and up 6.47% YoY from $29.4 billion in Q1 2025.
Analysis
Marathon Petroleum (MPC) Cost of Revenue (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Cost of Revenue for 17 years, with the latest figure at $31.3 billion in Q1 2026.
- Quarterly Cost of Revenue rose 6.47% year-over-year to $31.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $121.3 billion (down 3.7% YoY) and the FY2025 annual result came in at $119.4 billion, down 5.38% from the prior year.
- Cost of Revenue grew to $31.3 billion in Q1 2026 per MPC's latest filing, from $28.9 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $44.2 billion in Q2 2022 and troughed at $28.9 billion in Q4 2025.
- A 5-year average of $32.8 billion and a median of $31.8 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 66.33% in 2022, then dropped 28.15% in 2023.
- Over 5 years, Cost of Revenue stood at $33.6 billion in 2022, then declined by 2.96% to $32.6 billion in 2023, then retreated by 6.21% to $30.6 billion in 2024, then declined by 5.55% to $28.9 billion in 2025, then rose by 8.32% to $31.3 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $31.3 billion, $28.9 billion, and $31.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 43.06 Bn |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 39.01 Bn |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 43.66 Bn |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 8.82 Bn |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 12.80 Bn |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 10.53 Bn |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 7.29 Bn |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | 2.88 Bn |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 3.72 Bn |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 2.62 Bn |
Historic Data
Download Data
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 |