Business Segments · Property, plant and equipment, net
Midstream — Property, plant and equipment, net
Marathon Petroleum Midstream — Property, plant and equipment, net increased by 1.6% to $22.37B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from $19.90B to $22.37B. Over 4 years (FY 2021 to FY 2025), Midstream — Property, plant and equipment, net shows relatively stable performance with a 0.1% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2020
Last reportedQ4 2025
Rolls up toProperty, plant and equipment, net
How to read this metric
Growth in net PP&E typically signals ongoing investment and expansion of the asset base, whereas a decline may indicate depreciation outpacing new capital investment.
Detailed definition
The book value of the midstream segment's physical assets, calculated as the gross cost of property, plant, and equipmen...
Peer comparison
A standard balance sheet metric for segments in the energy, utility, and transportation sectors.
Metric ID:
mpc_segment_midstream_property_plant_and_equipment_netHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.01B | $20.83B | $20.71B | $20.58B | $20.42B | $19.60B | $19.54B | $19.44B | $19.35B | $19.40B | $20.03B | $20.06B | $19.94B | $19.90B | $19.90B | $19.89B | $19.88B | $22.02B | $22.37B |
| QoQ Change | — | -0.8% | -0.6% | -0.7% | -0.8% | -4.0% | -0.3% | -0.5% | -0.4% | +0.2% | +3.3% | +0.1% | -0.6% | -0.2% | +0.0% | -0.0% | -0.0% | +10.7% | +1.6% |
| YoY Change | — | — | — | — | -2.8% | -5.9% | -5.7% | -5.5% | -5.2% | -1.0% | +2.5% | +3.2% | +3.0% | +2.6% | -0.7% | -0.8% | -0.3% | +10.7% | +12.4% |
Range$19.35B – $22.37B
CAGR+1.4%
Avg YoY Growth+0.4%
Median YoY Growth-0.7%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Marathon Petroleum's midstream — property, plant and equipment, net?
- Marathon Petroleum (MPC) reported midstream — property, plant and equipment, net of $22.37B in Q4 2025.
- How has Marathon Petroleum's midstream — property, plant and equipment, net changed year-over-year?
- Marathon Petroleum's midstream — property, plant and equipment, net increased by 12.4% year-over-year, from $19.90B to $22.37B.
- What is the long-term trend for Marathon Petroleum's midstream — property, plant and equipment, net?
- Over 4 years (2021 to 2025), Marathon Petroleum's midstream — property, plant and equipment, net has grown at a 0.1% compound annual growth rate (CAGR), from $83.81B to $84.16B.
- What does midstream — property, plant and equipment, net mean?
- The current accounting value of midstream infrastructure after accounting for wear and tear.