Marathon Petroleum (MPC) Operating Income (2010 - 2026)
Marathon Petroleum (MPC) posted Operating Income of $1.4 billion for Q1 2026, down 47.88% sequentially from $2.7 billion in Q4 2025, and up 104.37% YoY from $687.0 million in Q1 2025.
Marathon Petroleum (MPC) Operating Income (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Operating Income for 17 years, with the latest figure at $1.4 billion in Q1 2026.
- Quarterly Operating Income rose 104.37% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.0 billion (up 58.06% YoY) and the FY2025 annual result came in at $8.3 billion, up 22.0% from the prior year.
- Operating Income slipped to $1.4 billion in Q1 2026 per MPC's latest filing, from $2.7 billion in the prior quarter.
- Over five years, Operating Income peaked at $8.3 billion in Q2 2022 and troughed at $687.0 million in Q1 2025.
- A 5-year average of $3.1 billion and a median of $2.5 billion in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2024: Operating Income jumped 763.01% in 2022, then slumped 71.62% in 2024.
- Over 5 years, Operating Income stood at $4.7 billion in 2022, then slumped by 49.46% to $2.4 billion in 2023, then plunged by 52.36% to $1.1 billion in 2024, then surged by 136.11% to $2.7 billion in 2025, then slumped by 47.88% to $1.4 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $1.4 billion, $2.7 billion, and $2.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.66 Bn | 87.89 Bn | 9.27 Bn | 7.32 Bn |
| 2 | Valero Energy | 94.75 Bn | 86.88 Bn | 5.47 Bn | 5.20 Bn |
| 3 | Phillips 66 | 89.01 Bn | 84.91 Bn | 8.38 Bn | -38.69 Bn |
| 4 | HF Sinclair | 15.53 Bn | 13.27 Bn | 1.57 Bn | 1.17 Bn |
| 5 | Sunoco | 10.05 Bn | 9.28 Bn | 1.46 Bn | 583.00 Mn |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 1.27 Bn |
| 7 | Cosan | 6.54 Bn | 1.43 Bn | 552.94 Mn | 568.77 Mn |
| 8 | Ultrapar Holdings | 6.44 Bn | 4.72 Bn | 603.08 Mn | 727.72 Mn |
| 9 | Icahn Enterprises | 5.02 Bn | 3.05 Bn | 198.00 Mn | -3.16 Bn |
| 10 | Delek US Holdings | 3.90 Bn | 3.27 Bn | 365.10 Mn | 302.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.32 Bn |
| Mar 31, 2026 | 1.40 Bn |
| Dec 31, 2025 | 2.69 Bn |
| Sep 30, 2025 | 2.71 Bn |
| Jun 30, 2025 | 2.20 Bn |
| Mar 31, 2025 | 687.00 Mn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 2.52 Bn |
| Mar 31, 2024 | 1.78 Bn |
| Dec 31, 2023 | 2.40 Bn |
| Sep 30, 2023 | 4.75 Bn |
| Jun 30, 2023 | 3.31 Bn |
| Mar 31, 2023 | 4.06 Bn |
| Dec 31, 2022 | 4.74 Bn |
| Sep 30, 2022 | 6.69 Bn |
| Jun 30, 2022 | 8.33 Bn |
| Mar 31, 2022 | 1.72 Bn |
| Dec 31, 2021 | 1.78 Bn |
| Sep 30, 2021 | 1.34 Bn |