Was 2023 Marathon Petroleum Corporation's best revenue year?

Yes — 2023 was Marathon Petroleum Corporation's highest recorded revenue year at $150.3B, the peak across all 3 years of available data.

What was Marathon Petroleum Corporation's highest ever annual revenue?

Marathon Petroleum Corporation's highest ever annual revenue was $150.3B recorded in fiscal year 2023.

Marathon Petroleum Corporation

Petroleum Refining & MarketingFounded 1887

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Explore Marathon Petroleum Corporation

Core profile pages, annual revenue records, and related research hubs for this company.

Marathon Petroleum Corporation

Petroleum Refining & MarketingFounded 1887

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Annual Revenue

Marathon Petroleum Corporation Revenue in 2023

Q: What was Marathon Petroleum Corporation's revenue in 2023?

Marathon Petroleum Corporation reported $150.3B in revenue for fiscal year 2023. Revenue ran at roughly 150.3 billion dollars in fiscal 2023, the highest of the three reported years and a marker of the elevated refining margins that defined the pandemic-recovery period.

FY2023 Revenue

$150.3B

Source: Annual report / company filing

Marathon Petroleum Corporation reported $150.3B in revenue for fiscal year 2023. In 2024, revenue declined to $140.4B.

Revenue ran at roughly 150.3 billion dollars in fiscal 2023, the highest of the three reported years and a marker of the elevated refining margins that defined the pandemic-recovery period.

Revenue by Year

FY2025 FY2024 FY2023

Marathon Petroleum Corporation Annual Revenue History

Year	Revenue	Net Income	YoY Change
FY2025	$135.2B	$4.0B	-3.7%
FY2024	$140.4B	—	-6.6%
FY2023	$150.3B	—	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Next year →

FY2024: $140.4B

Explore Marathon Petroleum Corporation

Core profile pages, annual revenue records, and related research hubs for this company.