Stock Analysis on Net
Stock Analysis on Net

Marathon Petroleum Corp. (NYSE:MPC)

Analysis of Revenues 

Microsoft Excel

Revenues as Reported

Marathon Petroleum Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Refined products 135,978 163,581 108,935 62,289 109,659
Merchandise — — — — 6,285
Crude oil 7,423 8,962 7,132 4,023 4,402
Services and other 4,978 4,910 3,916 3,467 3,603
Sales and other operating revenues 148,379 177,453 119,983 69,779 123,949

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Sales and other operating revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Marathon Petroleum Corp. sales and other operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.