Marathon Petroleum (MPC) Operating Income (2010 - 2026)
Marathon Petroleum's Operating Income came in at $10.45 billion for Q3 2026, up 285.2% from $2.71 billion a year earlier and up 42.7% from the prior quarter.
Marathon Petroleum (MPC) Operating Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Marathon Petroleum reported Operating Income of $21.87 billion, up 224.6% year-over-year; for FY2025, it was $8.29 billion, up 22.0% from FY2024.
- Going back by year, Operating Income was $6.8 billion in FY2024 (-53.2%), $14.51 billion in FY2023 (-32.4%), $21.47 billion in FY2022 (+399.3%) and $4.3 billion in FY2021.
- The Q3 2026 figure represents the highest quarterly Operating Income in data going back to Q2 2010.
- Year-over-year, Operating Income has increased for five consecutive quarters, with growth averaging 91.7% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q2 2022 (growth of 763.0%), and the weakest in Q3 2024 (a decline of 71.6%).
- Business Quant data shows MPC's Operating Income at $7.32 billion (Q2 2026), $1.4 billion (Q1 2026) and $2.69 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 103.92 Bn | 76.72 Bn | 12.69 Bn | 10.45 Bn |
| 2 | Valero Energy | 98.70 Bn | 70.56 Bn | 9.41 Bn | 9.07 Bn |
| 3 | HF Sinclair | 17.12 Bn | 9.40 Bn | 3.15 Bn | 2.67 Bn |
| 4 | Sunoco | 8.45 Bn | 5.30 Bn | 1.56 Bn | 740.00 Mn |
| 5 | PBF Energy | 7.96 Bn | 3.45 Bn | 2.17 Bn | 2.10 Bn |
| 6 | Ultrapar Holdings | 5.80 Bn | -1.43 Bn | 912.61 Mn | 594.71 Mn |
| 7 | Delek US Holdings | 3.90 Bn | 1.39 Bn | 365.10 Mn | 302.40 Mn |
| 8 | Cvr Energy | 3.81 Bn | 775.98 Mn | 783.00 Mn | 724.00 Mn |
| 9 | Icahn Enterprises | 3.40 Bn | -2.86 Bn | - | - |
| 10 | Bw Lpg | 3.31 Bn | 2.29 Bn | - | 140.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.45 Bn |
| 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 |
Marathon Petroleum Operating Income 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=operating-income&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();