Marathon Petroleum Net Revenues

Net Revenues of Marathon Petroleum 2010-2021

Amounts are in $millions.

Year Net Revenues ($m)
2021$120,930
2020$69,032
2019$111,865
2018$86,589
2017 $75,369 
2016 $ 63,339
2015 $ 72,051
2014 $ 97,817
2013 $ 100,160
2012 $ 82,243
2011 $ 78,638
2010 $ 62,487

2021: Marathon Petroleum had its best financial year hostorically in 2021. Its total net revenues jumped to $120,930 million in 2021 compared to $69,032 million in 2020. Its net revenues increased by $51,898 million in 2021 compared to 2020. The company generated a positive net income of $11 billion in 2021 compared to a net loss of $10 billion in 2020.

Marathon Petroleum Corporation (“MPC”) has more than 130 years of experience in the energy business with roots tracing back to the formation of the Ohio Oil Company in 1887. It is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. With the acquisition of Andeavor, October 1, 2018, Marathon became the largest independent petroleum product refining, marketing, retail and midstream business in the United States. Now, the company operates the nation's largest refining system with more than 3 million barrels per day of crude oil capacity across 16 refineries.

Net revenue of Marathon Pretroleum grew to $86.6 Billion in 2018 from $75.4 billion in 2017.