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Marathon Petroleum MPC Renewable Diesel — Accumulated Depreciation

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$92.39B+73.7%
Enterprise value$91.74B+124%
P/E10.8×-14.1×
P/S0.6×+0.2×

Profitability

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

Returns & leverage

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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization.

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 renewable diesel — accumulated depreciation?
Marathon Petroleum (MPC) reported renewable diesel — accumulated depreciation of $411M in Q1 2026.
How has Marathon Petroleum's renewable diesel — accumulated depreciation changed year-over-year?
Marathon Petroleum's renewable diesel — accumulated depreciation increased by 18.4% year-over-year, from $347M to $411M.
What does renewable diesel — accumulated depreciation mean?
This metric represents the cumulative amount of depreciation expense recorded against the property, plant, and equipment assets of the renewable diesel segment. It reflects the historical wear and tear or obsolescence of the production facilities over time. Tracking this helps investors understand the age profile and remaining useful life of the segment's asset base.

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