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Marathon Petroleum MPC Refining & Marketing — Property, plant and equipment, net
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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&E | March 31, 2026 / Accumulated Depreciation | March 31, 2026 / Net PP&E | December 31, 2025 / Gross PP&E | December 31, 2025 / Accumulated Depreciation | December 31, 2025 / Net PP&E |
|---|---|---|---|---|---|---|
| Refining & Marketing | $34,659 | $20,810 | $13,849 | $34,372 | $20,462 | $13,910 |
| Midstream | 34,669 | 12,015 | 22,654 | 34,057 | 11,690 | 22,367 |
| Renewable Diesel | 970 | 411 | 559 | 970 | 396 | 574 |
| Corporate | 1,615 | 1,080 | 535 | 1,610 | 1,064 | 546 |
| Total | $71,913 | $34,316 | $37,597 | $71,009 | $33,612 | $37,397 |
Item 1. Financial Statements
FAQ
- What is Marathon Petroleum's refining & marketing — property, plant and equipment, net?
- Marathon Petroleum (MPC) reported refining & marketing — property, plant and equipment, net of $13.85B in Q1 2026.
- 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 $13.89B to $13.85B.
- 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 net book value of the Refining and Marketing segment's physical assets, calculated as gross property, plant, and equipment minus accumulated depreciation. This represents the remaining value of the segment's productive assets on the balance sheet.
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