Marathon Petroleum MPC Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Sales and other operating revenues by Business | |||||
| Midstream | $11.53B+4.9% | $10.99B+4.6% | $10.51B-0.8% | $10.59B+10.1% | |
| Refining & Marketing | $124.31B-5.7% | $131.76B-7.2% | $141.97B-17.3% | $171.6B+48.6% | |
| Renewable Diesel | $2.83B+34.5% | $2.1B+26.4% | $1.66B+121% | $752M— | |
| Other segment item by Business | |||||
| Midstream | $5.58B+6.8% | $5.22B+2.9% | $5.07B-6.8% | $5.44B— | |
| Refining & Marketing | $1.59B-1.1% | $1.61B+47.4% | $1.09B-39.0% | $1.79B— | |
| Renewable Diesel | $2.65B+35.1% | $1.96B+45.7% | $1.35B+139% | $562M— | |
| Segment expenses by Business | |||||
| Midstream | $5.58B+6.8% | $5.22B+2.9% | $5.07B-6.8% | $5.44B— | |
| Refining & Marketing | $118.18B-6.3% | $126.12B-1.7% | $128.34B-15.8% | $152.39B— | |
| Renewable Diesel | $3.02B+30.0% | $2.32B+39.2% | $1.67B+129% | $729M— | |
| Gross PP&E by Business | |||||
| Midstream | $129.74B+7.1% | $121.17B+6.1% | $114.2B+2.2% | $111.7B— | |
| Refining & Marketing | $135.16B+3.0% | $131.27B+1.7% | $129.09B+1.4% | $127.36B— | |
| Renewable Diesel | $3.88B— | —— | —— | —— | |
| Adjusted EBITDA by Business | |||||
| Midstream | $6.75B+3.1% | $6.54B+6.0% | $6.17B+6.9% | $5.77B+6.7% | |
| Refining & Marketing | $6.14B+7.6% | $5.7B-58.4% | $13.71B-28.8% | $19.26B+447% | |
| Renewable Diesel | -$117M— | —— | -$64M-2,233% | $3M— | |
| Property, plant and equipment, net by Business | |||||
| Midstream | $84.16B+5.5% | $79.8B+2.0% | $78.22B-2.4% | $80.13B-4.4% | |
| Refining & Marketing | $55.43B-2.1% | $56.6B-4.2% | $59.06B-6.2% | $62.96B-4.2% | |
| Renewable Diesel | $2.39B— | —— | —— | —— | |
| Income (Loss) from Equity Method Investments by Business | |||||
| Midstream | $793M+3.0% | $770M+4.8% | $735M+17.8% | $624M+51.5% | |
| Renewable Diesel | $82M+17.1% | $70M+219% | -$59M-195% | -$20M— | |
| Accumulated Depreciation by Business | |||||
| Midstream | $45.58B+10.2% | $41.37B+15.0% | $35.98B+14.0% | $31.57B— | |
| Refining & Marketing | $79.73B+6.8% | $74.67B+6.6% | $70.03B+8.7% | $64.39B— | |
| Renewable Diesel | $1.49B— | —— | —— | —— | |
| D&A by Business | |||||
| Midstream | $1.45B+3.2% | $1.41B+6.4% | $1.32B+0.8% | $1.31B-1.4% | |
| Refining & Marketing | $1.63B-7.9% | $1.77B-3.0% | $1.82B+2.2% | $1.78B-4.7% | |
| Renewable Diesel | $69M-8.0% | $75M+15.4% | $65M-3.0% | $67M— | |
| Operating costs by Business | |||||
| Refining & Marketing | $6.1B+6.7% | $5.71B+1.5% | $5.63B-1.8% | $5.73B— | |
| Renewable Diesel | $274M+1.9% | $269M+11.2% | $242M+128% | $106M— | |
| Capital Expenditures And Investments by Business | |||||
| Midstream | $2.98B+97.8% | $1.5B+36.1% | $1.11B+3.4% | $1.07B+46.2% | |
| Refining & Marketing | $1.58B+9.3% | $1.45B+44.8% | $998M-21.7% | $1.28B+40.0% | |
| Renewable Diesel | $19M+138% | $8M-97.4% | $313M+34.3% | $233M— | |
| Goodwill, Acquired During Period by Business | |||||
| Midstream | $1.11B— | —— | —— | —— | |
| Refining And Marketing | $0— | —— | —— | —— | |
| Distribution costs by Business | |||||
| Refining & Marketing | $6.19B+5.6% | $5.86B+3.8% | $5.65B+8.3% | $5.21B— | |
| Renewable Diesel | $101M+6.3% | $95M+15.9% | $82M+34.4% | $61M— | |
| Sales and other operating revenues by Product | |||||
| Refined products | $121.33B-3.8% | $126.17B-7.2% | $135.98B-16.9% | $163.58B+50.2% | |
| Services and other | $5.56B+3.0% | $5.4B+8.4% | $4.98B+1.4% | $4.91B+25.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Marathon Petroleum break its business down?
- Marathon Petroleum (MPC) reports sales and other operating revenues by business across 3 parts — Midstream, Refining & Marketing and Renewable Diesel. Each is extracted from the segment footnotes and tracked over time.
- Where does Marathon Petroleum's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Marathon Petroleum's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
