Business Segments · Gross PP&E
Refining & Marketing — Gross PP&E
Marathon Petroleum Refining & Marketing — Gross PP&E increased by 1.2% to $34.37B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $32.97B to $34.37B. Over 3 years (FY 2022 to FY 2025), Refining & Marketing — Gross PP&E shows relatively stable performance with a 2.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ4 2025
Rolls up toPP&E (Net)
How to read this metric
Growth in this metric indicates ongoing capital investment and expansion of the asset base.
Detailed definition
The total historical cost of all property, plant, and equipment assets within the Refining and Marketing segment before...
Peer comparison
Standard metric for capital-intensive industries like oil and gas refining.
Metric ID:
mpc_segment_refining_marketing_gross_pp_eHistorical Data
17 periods
| 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 | $31.09B | $31.35B | $32.15B | $31.57B | $32.29B | $32.55B | $32.71B | $32.29B | $32.50B | $32.44B | $32.76B | $33.10B | $32.97B | $33.27B | $33.55B | $33.97B | $34.37B |
| QoQ Change | — | +0.8% | +2.6% | -1.8% | +2.3% | +0.8% | +0.5% | -1.3% | +0.6% | -0.2% | +1.0% | +1.1% | -0.4% | +0.9% | +0.8% | +1.3% | +1.2% |
| YoY Change | — | — | — | — | +3.9% | +3.8% | +1.8% | +2.3% | +0.6% | -0.3% | +0.1% | +2.5% | +1.4% | +2.6% | +2.4% | +2.6% | +4.3% |
Range$31.09B – $34.37B
CAGR+2.5%
Avg YoY Growth+2.2%
Median YoY Growth+2.4%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Marathon Petroleum's refining & marketing — gross pp&e?
- Marathon Petroleum (MPC) reported refining & marketing — gross pp&e of $34.37B in Q4 2025.
- How has Marathon Petroleum's refining & marketing — gross pp&e changed year-over-year?
- Marathon Petroleum's refining & marketing — gross pp&e increased by 4.3% year-over-year, from $32.97B to $34.37B.
- What is the long-term trend for Marathon Petroleum's refining & marketing — gross pp&e?
- Over 3 years (2022 to 2025), Marathon Petroleum's refining & marketing — gross pp&e has grown at a 2.0% compound annual growth rate (CAGR), from $127.36B to $135.16B.
- What does refining & marketing — gross pp&e mean?
- The total original cost of all physical assets owned by the segment.