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BP vs Marathon Petroleum: revenue, profit, margins and growth compared

BP brought in $192.5B of revenue in fiscal 2025, Marathon Petroleum $132.7B in fiscal 2025. Revenue changed by -1.1% at BP and -4.4% at Marathon Petroleum on the year before, so BP grew faster. BP kept 0.0% of its revenue as net profit, Marathon Petroleum 3.0%.

Side by side, latest fiscal year

BPMPC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$192.5B$132.7B
Revenue growth-1.1%-4.4%
Net income$55M$4B
Net margin0.0%3.0%
Free cash flown/a$4.8B
Free cash flow marginn/a3.6%
Earnings per share (diluted)n/a$13.22
Cash$36.6B$3.7B
Debt$58B$33.3B
Price to earningsn/a29.8
Market value$115.6B$110.5B
Dividend yieldn/a0.95%
Rank by revenue in sector#3 of 146 · Energy#5 of 146 · Energy

Over the years

Revenue
BP FY2018: $303.7BBP FY2019: $163.5BBP FY2020: $109.1BBP FY2021: $164.2BBP FY2022: $248.9BBP FY2023: $213BBP FY2024: $194.6BBP FY2025: $192.5BMPC FY2018: $86.1BMPC FY2019: $111.1BMPC FY2020: $69.8BMPC FY2021: $120BMPC FY2022: $177.5BMPC FY2023: $148.4BMPC FY2024: $138.9BMPC FY2025: $132.7BFY18FY19FY20FY21FY22FY23FY24FY25
BP $192.5BMPC $132.7B
Net income
BP FY2018: $9.4BBP FY2019: $4BBP FY2020: -$20.3BBP FY2021: $7.6BBP FY2022: -$2.5BBP FY2023: $15.2BBP FY2024: $381MBP FY2025: $55MMPC FY2018: $2.8BMPC FY2019: $2.6BMPC FY2020: -$9.8BMPC FY2021: $9.7BMPC FY2022: $14.5BMPC FY2023: $9.7BMPC FY2024: $3.4BMPC FY2025: $4BFY18FY19FY20FY21FY22FY23FY24FY25
BP $55MMPC $4B
Net margin
BP FY2018: 3.1%BP FY2019: 2.5%BP FY2020: -18.6%BP FY2021: 4.6%BP FY2022: -1.0%BP FY2023: 7.2%BP FY2024: 0.2%BP FY2025: 0.0%MPC FY2018: 3.2%MPC FY2019: 2.4%MPC FY2020: -14.1%MPC FY2021: 8.1%MPC FY2022: 8.2%MPC FY2023: 6.5%MPC FY2024: 2.5%MPC FY2025: 3.0%FY18FY19FY20FY21FY22FY23FY24FY25
BP 0.0%MPC 3.0%
Revenue growth
BP FY2019: -46.2%BP FY2020: -33.3%BP FY2021: +50.5%BP FY2022: +51.6%BP FY2023: -14.4%BP FY2024: -8.6%BP FY2025: -1.1%MPC FY2019: +29.1%MPC FY2020: -37.2%MPC FY2021: +71.9%MPC FY2022: +47.9%MPC FY2023: -16.4%MPC FY2024: -6.4%MPC FY2025: -4.4%FY19FY20FY21FY22FY23FY24FY25
BP -1.1%MPC -4.4%
Free cash flow
MPC FY2018: $3BMPC FY2019: $4.6BMPC FY2020: -$368MMPC FY2021: $2.9BMPC FY2022: $13.9BMPC FY2023: $12.2BMPC FY2024: $6.1BMPC FY2025: $4.8BFY18FY19FY20FY21FY22FY23FY24FY25
BPMPC $4.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about BP and Marathon Petroleum

Which is bigger by revenue, BP or Marathon Petroleum?

BP is bigger by revenue: $192.5B in fiscal 2025, against $132.7B for Marathon Petroleum in fiscal 2025.

Which keeps more of its revenue as profit, BP or Marathon Petroleum?

BP had a net margin of 0.0% in fiscal 2025; Marathon Petroleum had 3.0% in fiscal 2025.

Which grew revenue faster, BP or Marathon Petroleum?

In their latest fiscal years revenue changed by -1.1% at BP and -4.4% at Marathon Petroleum.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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