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Marathon Petroleum (MPC) Operating Expenses (2016 - 2026)

Marathon Petroleum's Operating Expenses history spans 17 years, with the latest figure at $33.2 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 6.42% to $33.2 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $128.9 billion, a 3.31% decrease, with the full-year FY2025 number at $126.9 billion, down 5.0% from a year prior.
  • Operating Expenses hit $33.2 billion in Q1 2026 for Marathon Petroleum, up from $30.7 billion in the prior quarter.
  • Over the last five years, Operating Expenses for MPC hit a ceiling of $45.9 billion in Q2 2022 and a floor of $30.7 billion in Q4 2025.
  • Historically, Operating Expenses has averaged $34.6 billion across 5 years, with a median of $33.5 billion in 2023.
  • Biggest five-year swings in Operating Expenses: surged 61.78% in 2022 and later dropped 26.99% in 2023.
  • Tracing MPC's Operating Expenses over 5 years: stood at $35.4 billion in 2022, then dropped by 2.62% to $34.4 billion in 2023, then dropped by 6.11% to $32.3 billion in 2024, then fell by 4.94% to $30.7 billion in 2025, then grew by 7.93% to $33.2 billion in 2026.
  • Business Quant data shows Operating Expenses for MPC at $33.2 billion in Q1 2026, $30.7 billion in Q4 2025, and $33.1 billion in Q3 2025.