Marathon Petroleum Cost of Goods Sold 2010-2024 | MPC

Marathon Petroleum annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Marathon Petroleum cost of goods sold for the quarter ending September 30, 2024 was $32.144B, a 7.97% decline year-over-year.
  • Marathon Petroleum cost of goods sold for the twelve months ending September 30, 2024 was $128.264B, a 1% decline year-over-year.
  • Marathon Petroleum annual cost of goods sold for 2023 was $128.566B, a 15.23% decline from 2022.
  • Marathon Petroleum annual cost of goods sold for 2022 was $151.671B, a 37.87% increase from 2021.
  • Marathon Petroleum annual cost of goods sold for 2021 was $110.008B, a 67.36% increase from 2020.
Marathon Petroleum Annual Cost of Goods Sold
(Millions of US $)
2023 $128,566
2022 $151,671
2021 $110,008
2020 $65,733
2019 $99,228
2018 $77,047
2017 $67,089
2016 $56,676
2015 $55,583
2014 $83,770
2013 $87,401
2012 $68,668
2011 $65,795
2010 $51,731
2009 $37,003
Marathon Petroleum Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $32,144
2024-06-30 $33,945
2024-03-31 $29,593
2023-12-31 $32,582
2023-09-30 $34,928
2023-06-30 $31,762
2023-03-31 $29,294
2022-12-31 $33,575
2022-09-30 $38,821
2022-06-30 $44,207
2022-03-31 $35,068
2021-12-31 $32,184
2021-09-30 $29,563
2021-06-30 $27,177
2021-03-31 $21,084
2020-12-31 $17,216
2020-09-30 $16,673
2020-06-30 $11,502
2020-03-31 $20,342
2019-12-31 $19,241
2019-09-30 $24,345
2019-06-30 $29,682
2019-03-31 $25,960
2018-12-31 $19,416
2018-09-30 $20,606
2018-06-30 $19,655
2018-03-31 $17,370
2017-12-31 $19,425
2017-09-30 $16,617
2017-06-30 $16,101
2017-03-31 $14,946
2016-12-31 $21,201
2016-09-30 $12,944
2016-06-30 $12,830
2016-03-31 $9,701
2015-12-31 $12,008
2015-09-30 $14,165
2015-06-30 $16,366
2015-03-31 $13,044
2014-12-31 $18,199
2014-09-30 $21,935
2014-06-30 $23,096
2014-03-31 $20,540
2013-12-31 $21,494
2013-09-30 $23,553
2013-06-30 $22,320
2013-03-31 $20,034
2012-12-31 $17,345
2012-09-30 $17,202
2012-06-30 $16,800
2012-03-31 $17,321
2011-12-31 $17,688
2011-09-30 $16,896
2011-06-30 $16,654
2011-03-31 $14,557
2010-12-31
2010-09-30 $12,903
2010-06-30 $12,792
2009-12-31
Sector Industry Market Cap Revenue
Oils/Energy Oil Refining & Marketing $50.934B $150.307B
Marathon Petroleum Corporation is a leading independent refiner, transporter and marketer of petroleum products. The company came into existence following the spin-off of Marathon Oil Corporation's refining/sales business into a separate, independent and publicly-traded entity.? Marathon Oil completed the acquisition of its rival Andeavor. Marathon Petroleum operates in two segments: Refining and Marketing and Pipeline Transportation. Refining and Marketing: The unit's operations refineries, located in the various regions of the United States. Marathon Petroleum through its marketing organization sells transportation fuels, asphalt and specialty products throughout the country to support commercial, industrial and retail operations. Midstream: This unit mainly reflects Marathon Petroleum's general partner and majority limited partner interests in MPLX LP and Andeavor Logistics LP that own and operate gathering and processing assets along with crude transportation and logistics infrastructure.
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