| Stage | MPC | % of rev | XOM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $52.3B | 100.00% | $116B | 100.00% | XOM ×2.22 |
| Gross profit | $9.3B | 17.72% | $36.0B | 31.00% | XOM +13.3pp |
| Operating income | $7.3B | 13.99% | $19.7B | 16.94% | XOM +2.9pp |
| Pre-tax income | $7.0B | 13.34% | $19.4B | 16.74% | XOM +3.4pp |
| Net income | $5.5B | 10.58% | $14.9B | 12.83% | XOM +2.2pp |
| Stage | MPC | XOM | Gap · A − B |
|---|---|---|---|
| Revenue | $52.3B100.00% | $116B100.00% | XOM ×2.22 |
| Gross profit | 17.72%$9.3B | 31.00%$36.0B | XOM +13.3pp |
| Operating income | 13.99%$7.3B | 16.94%$19.7B | XOM +2.9pp |
| Pre-tax income | 13.34%$7.0B | 16.74%$19.4B | XOM +3.4pp |
| Net income |
| 10.58%$5.5B |
| 12.83%$14.9B |
| XOM +2.2pp |
MPC · APC 10-KMar 30 '26
“We are also able to leverage our scale to enhance efficiencies, including capturing competitive pricing terms and offering multiple fuel branding options for our customers through our strong relationships with our major fuel supply partners such as: BP, ExxonMobil, Marathon, Motiva, Shell, and Valero.”
XOM · APC 10-KMar 30 '26
“We are also able to leverage our scale to enhance efficiencies, including capturing competitive pricing terms and offering multiple fuel branding options for our customers through our strong relationships with our major fuel supply partners such as: BP, ExxonMobil, Marathon, Motiva, Shell, and Valero.”