Business Segments · Accumulated Depreciation

Midstream — Accumulated Depreciation

Marathon Petroleum Midstream — Accumulated Depreciation increased by 2.7% to $11.69B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from $10.80B to $11.69B. Over 3 years (FY 2022 to FY 2025), Midstream — Accumulated Depreciation shows an upward trend with a 13.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toPP&E (Net)

How to read this metric

A rising balance relative to gross assets indicates an aging asset base, which may signal future requirements for capital expenditure to maintain or replace infrastructure.

Detailed definition

The cumulative amount of depreciation expense charged against the midstream segment's physical assets since their acquis...

Peer comparison

Standard accounting metric found in the segment notes of most capital-intensive industrial and energy firms.

Metric ID: mpc_segment_midstream_accumulated_depreciation

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$7.38B$7.68B$7.90B$7.87B$8.12B$8.40B$8.69B$9.30B$9.59B$9.89B$10.19B$10.50B$10.80B$11.10B$11.41B$11.38B$11.69B
QoQ Change+4.0%+2.9%-0.5%+3.2%+3.5%+3.4%+7.0%+3.1%+3.1%+3.1%+3.0%+2.9%+2.8%+2.8%-0.2%+2.7%
YoY Change+9.9%+9.4%+9.9%+18.2%+18.1%+17.7%+17.3%+12.9%+12.6%+12.2%+11.9%+8.4%+8.3%
Range$7.38B$11.69B
CAGR+12.2%
Avg YoY Growth+12.8%
Median YoY Growth+12.2%

Frequently Asked Questions

What is Marathon Petroleum's midstream — accumulated depreciation?
Marathon Petroleum (MPC) reported midstream — accumulated depreciation of $11.69B in Q4 2025.
How has Marathon Petroleum's midstream — accumulated depreciation changed year-over-year?
Marathon Petroleum's midstream — accumulated depreciation increased by 8.3% year-over-year, from $10.80B to $11.69B.
What is the long-term trend for Marathon Petroleum's midstream — accumulated depreciation?
Over 3 years (2022 to 2025), Marathon Petroleum's midstream — accumulated depreciation has grown at a 13.0% compound annual growth rate (CAGR), from $31.57B to $45.58B.
What does midstream — accumulated depreciation mean?
The total depreciation recorded for midstream assets over time.