Skip to content
Screener

Marathon Petroleum MPC Midstream — Property, plant and equipment, net

Other segment segments

Refining & Marketing
$13.85B-0.3%
Renewable Diesel
$559M-10.0%

Similar metrics at other companies

MPLX logo
MPLXNatural Gas and NGL Services — Property, plant and equipment, net
$13.28B+27.2%
MPLX logo
MPLXCrude Oil and Products Logistics — Property, plant and equipment, net
$8.71B+0.1%
Phillips 66 logo
PSXMidstream Segment — Net properties, plants and equipment
$23.93B+12.1%
3M logo
MMMAmericas — Property, plant and equipment - net
$5.12B-3.0%
AT&T logo
TEurope — Property, Plant and Equipment – Net
$126M-9.4%
AT&T logo
TOther — Property, Plant and Equipment – Net
$33M-8.3%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$89.63B+73.7%
Enterprise value$88.98B+124%
P/E10.5×-13.7×
P/S0.6×+0.2×

Profitability

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

Returns & leverage

See full
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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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)March 31, 2026 / Gross PP&EMarch 31, 2026 / Accumulated DepreciationMarch 31, 2026 / Net PP&EDecember 31, 2025 / Gross PP&EDecember 31, 2025 / Accumulated DepreciationDecember 31, 2025 / Net PP&E
Refining & Marketing$34,659$20,810$13,849$34,372$20,462$13,910
Midstream34,66912,01522,65434,05711,69022,367
Renewable Diesel970411559970396574
Corporate1,6151,0805351,6101,064546
Total$71,913$34,316$37,597$71,009$33,612$37,397

Item 1. Financial Statements

FAQ

What is Marathon Petroleum's midstream — property, plant and equipment, net?
Marathon Petroleum (MPC) reported midstream — property, plant and equipment, net of $22.65B in Q1 2026.
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 13.9% year-over-year, from $19.89B to $22.65B.
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 book value of the midstream segment's physical assets, calculated as the gross cost of property, plant, and equipment minus accumulated depreciation. This reflects the remaining undepreciated value of the infrastructure used to transport and process energy products.

Ask your AI about Marathon Petroleum's midstream — property, plant and equipment, net.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude