What is Marathon Petroleum's pp&e (net)?

Marathon Petroleum (MPC) reported pp&e (net) of $37.63B in Q3 2021.

What does pp&e (net) mean?

The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.

Marathon Petroleum PP&E (Net) decreased by 1.0% to $37.63B in Q3 2021 compared to the prior quarter.

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2014

Last reportedQ1 2026

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

2 periods

	Q2 '21	Q3 '21
Value	$38.00B	$37.63B
QoQ Change	—	-1.0%

Range$37.63B – $38.00B

What is Marathon Petroleum's pp&e (net)?: Marathon Petroleum (MPC) reported pp&e (net) of $37.63B in Q3 2021.
What does pp&e (net) mean?: The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.