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Marathon Petroleum (MPC) Operating Expenses (2016 - 2025)

Marathon Petroleum (MPC) has disclosed Operating Expenses for 16 consecutive years, with $30.7 billion as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 4.94% to $30.7 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $126.9 billion through Dec 2025, down 5.0% year-over-year, with the annual reading at $126.9 billion for FY2025, 5.0% down from the prior year.
  • Operating Expenses hit $30.7 billion in Q4 2025 for Marathon Petroleum, down from $33.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $45.9 billion in Q2 2022 to a low of $22.7 billion in Q1 2021.
  • Historically, Operating Expenses has averaged $33.6 billion across 5 years, with a median of $33.3 billion in 2023.
  • Biggest YoY gain for Operating Expenses was 146.16% in 2021; the steepest drop was 31.63% in 2021.
  • Year by year, Operating Expenses stood at $33.8 billion in 2021, then grew by 4.5% to $35.4 billion in 2022, then decreased by 2.62% to $34.4 billion in 2023, then decreased by 6.11% to $32.3 billion in 2024, then dropped by 4.94% to $30.7 billion in 2025.
  • Business Quant data shows Operating Expenses for MPC at $30.7 billion in Q4 2025, $33.1 billion in Q3 2025, and $31.9 billion in Q2 2025.