Marathon Petroleum (MPC) Revenue — Quarter Ended Sep 30, 2024
Revenue for the reporting quarter declined. The decrease was observed both versus the immediately preceding quarter and compared to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the reporting quarter declined. The decrease was observed both versus the immediately preceding quarter and compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$35.1B
Revenue reported for this quarter.
Quarter-over-quarter
-7.4%
Change from the immediately preceding quarter.
Year-over-year
-14.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$142B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $36.3B | -8.9% |
| Mar 31, 2024 | $32.7B | -6.2% |
| Jun 30, 2024 | $37.9B | +4.3% |
| Sep 30, 2024 | $35.1B | -14.2% |
Revenue performance
The reported revenue was lower than the prior quarter.
Quarterly comparison
Revenue also fell when set against the same quarter in the prior year.
What to watch
The continued decline relative to both the prior quarter and the prior year is a key item to monitor.