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Marathon Petroleum MPC Payments to Acquire Interest in Joint Venture

Payments to Acquire Interest in Joint Venture at other companies

Valero Energy logo
Valero EnergyVLO
$0
MPLX logo
MPLXMPLX
$238M+100%
Antero Midstream Corporation logo
Antero Midstream CorporationAM

Other financials

Income statement

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Revenue$52.0B+53.8%
Gross profit$8.9B+137%
Operating income$7.3B+233%
Net income$5.1B+323%
EPS (diluted)$17.73+348%

Balance sheet

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Cash & equivalents$7.8B+364%
Total debt$32.8B+2,276%
Total equity$16.8B+2.2%
Total assets$88.2B+8.0%

Cash flow

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Operating cash flow$1.1B+1,852%
CapEx$913.0M+37.7%
Free cash flow$208.0M+129%

Valuation

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Market cap$84.04B+73.7%
Enterprise value$83.39B+127%
P/E9.8×-12.8×
P/S0.6×+0.2×

Profitability

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Gross margin12.5%+3.9pp
Operating margin9.2%+5.2pp
Net margin5.6%+4.0pp
FCF margin4.2%+1.0pp

Returns & leverage

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Return on equity27.9%+15.6pp
Debt / equity0.1×0.0×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Marathon Petroleum in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireInterestInJointVenture.

The source filing: Marathon Petroleum’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 1:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001510295-26-000042
(Millions of dollars)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Additions to property, plant and equipment(913)(663)
Acquisitions, net of cash acquired14(237)
Disposal of assets51
Investments – acquisitions and contributions(302)(132)
Investments – redemptions, repayments, return of capital and sales proceeds21
All other, net14987
Net cash used in investing activities(1,047)(923)
Financing activities:

Item 1. Financial Statements

FAQ

What is Marathon Petroleum's payments to acquire interest in joint venture?
Marathon Petroleum (MPC) reported payments to acquire interest in joint venture of $302M in Q1 2026.
How has Marathon Petroleum's payments to acquire interest in joint venture changed year-over-year?
Marathon Petroleum's payments to acquire interest in joint venture increased by 128.8% year-over-year, from $132M to $302M.

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