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Marathon Petroleum MPC Renewable Diesel — Gross PP&E

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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$83.62B+69.3%
Enterprise value$82.97B+121%
P/E9.8×-13.4×
P/S0.5×+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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.

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 — gross PP&E?
Marathon Petroleum (MPC) reported renewable diesel — gross PP&E of $970M in Q1 2026.
How has Marathon Petroleum's renewable diesel — gross PP&E changed year-over-year?
Marathon Petroleum's renewable diesel — gross PP&E increased by 0.2% year-over-year, from $968M to $970M.
What does renewable diesel — gross PP&E mean?
This metric represents the total historical cost of property, plant, and equipment assets dedicated to the renewable diesel segment before accounting for accumulated depreciation. It serves as a measure of the total capital investment deployed to build and maintain renewable fuel production capacity. This figure is essential for understanding the scale and asset intensity of the company's renewable energy infrastructure.

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