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Marathon Petroleum MPC Renewable Diesel — Property, plant and equipment, net

Other segment segments

Midstream
$22.65B+13.9%
Refining & Marketing
$13.85B-0.3%

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$33M-8.3%

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$89.63B+73.7%
Enterprise value$88.98B+124%
P/E10.5×-13.7×
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: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&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 — property, plant and equipment, net?
Marathon Petroleum (MPC) reported renewable diesel — property, plant and equipment, net of $559M in Q1 2026.
How has Marathon Petroleum's renewable diesel — property, plant and equipment, net changed year-over-year?
Marathon Petroleum's renewable diesel — property, plant and equipment, net decreased by 10.0% year-over-year, from $621M to $559M.
What does renewable diesel — property, plant and equipment, net mean?
This metric represents the book value of the renewable diesel segment's physical assets, calculated as gross property, plant, and equipment minus accumulated depreciation. It provides a snapshot of the current net investment in the segment's production infrastructure. This value is a key indicator of the asset base supporting the segment's operational capacity and future revenue potential.

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