Refining & Marketing — Property, plant and equipment, net
Marathon Petroleum Refining & Marketing — Property, plant and equipment, net increased by 0.5% to $13.91B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $13.95B to $13.91B. Over 4 years (FY 2021 to FY 2025), Refining & Marketing — Property, plant and equipment, net shows a downward trend with a -4.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increasing trend suggests net investment in the asset base, while a decreasing trend may indicate aging assets or divestments.
Detailed definition
The net book value of the Refining and Marketing segment's physical assets, calculated as gross property, plant, and equ...
Peer comparison
Standard balance sheet metric for assessing the scale of industrial operations.
mpc_segment_refining_marketing_property_plant_and_equipment_netHistorical Data
| Q2 '21 | Q3 '21 | 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 | $16.49B | $16.30B | $16.21B | $16.06B | $16.13B | $15.23B | $15.55B | $15.40B | $15.14B | $14.71B | $14.50B | $14.34B | $14.19B | $14.11B | $13.95B | $13.89B | $13.79B | $13.84B | $13.91B |
| QoQ Change | — | -1.1% | -0.6% | -0.9% | +0.4% | -5.6% | +2.1% | -1.0% | -1.7% | -2.8% | -1.4% | -1.1% | -1.0% | -0.6% | -1.2% | -0.5% | -0.7% | +0.4% | +0.5% |
| YoY Change | — | — | — | — | -2.2% | -6.6% | -4.1% | -4.1% | -6.2% | -3.4% | -6.7% | -6.8% | -6.2% | -4.1% | -3.8% | -3.2% | -2.8% | -1.9% | -0.3% |
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Frequently Asked Questions
- What is Marathon Petroleum's refining & marketing — property, plant and equipment, net?
- Marathon Petroleum (MPC) reported refining & marketing — property, plant and equipment, net of $13.91B in Q4 2025.
- How has Marathon Petroleum's refining & marketing — property, plant and equipment, net changed year-over-year?
- Marathon Petroleum's refining & marketing — property, plant and equipment, net decreased by 0.3% year-over-year, from $13.95B to $13.91B.
- What is the long-term trend for Marathon Petroleum's refining & marketing — property, plant and equipment, net?
- Over 4 years (2021 to 2025), Marathon Petroleum's refining & marketing — property, plant and equipment, net has grown at a -4.2% compound annual growth rate (CAGR), from $65.74B to $55.43B.
- What does refining & marketing — property, plant and equipment, net mean?
- The current book value of the segment's physical assets after accounting for wear and tear.