Non-Current Assets
Property, plant and equipment, net
Marathon Petroleum Property, plant and equipment, net increased by 1.1% to $37.40B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.8%, from $35.03B to $37.40B. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment, net shows relatively stable performance with a -0.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026
How to read this metric
An increase indicates capital expansion and infrastructure investment, while a decrease suggests asset depreciation or divestment.
Detailed definition
This represents the net book value of long-term physical assets such as office buildings, data center infrastructure, an...
Peer comparison
Standard line item across all capital-intensive industries, often referred to as 'Net PP&E'.
Metric ID:
non_current_assets_property_plant_and_equipment_and_fina_e3effdHistorical Data
17 periods
| 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 | $37.44B | $37.15B | $37.06B | $35.38B | $35.66B | $35.39B | $35.06B | $34.69B | $35.11B | $34.96B | $34.69B | $34.54B | $35.03B | $34.94B | $34.81B | $36.98B | $37.40B |
| QoQ Change | — | -0.8% | -0.2% | -4.5% | +0.8% | -0.7% | -0.9% | -1.1% | +1.2% | -0.4% | -0.8% | -0.4% | +1.4% | -0.2% | -0.4% | +6.3% | +1.1% |
| YoY Change | — | — | — | — | -4.8% | -4.7% | -5.4% | -2.0% | -1.5% | -1.2% | -1.1% | -0.4% | -0.2% | -0.1% | +0.3% | +7.1% | +6.8% |
Range$34.54B – $37.44B
CAGR-0.0%
Avg YoY Growth-0.6%
Median YoY Growth-1.1%
Current Streak2 quarters growth
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Midstream | $20.06B | $19.94B | $19.90B | $19.90B | $19.89B | $19.88B | $22.02B | $22.37B |
| Refining & Marketing | $14.34B | $14.19B | $14.11B | $13.95B | $13.89B | $13.79B | $13.84B | $13.91B |
| Renewable Diesel | — | — | — | $638.00M | $621.00M | $605.00M | $589.00M | $574.00M |
| Total | $34.96B | $34.69B | $34.54B | $35.03B | $34.94B | $34.81B | $36.98B | $37.40B |
Property, plant and equipment, net at Other Companies
Frequently Asked Questions
- What is Marathon Petroleum's property, plant and equipment, net?
- Marathon Petroleum (MPC) reported property, plant and equipment, net of $37.40B in Q4 2025.
- How has Marathon Petroleum's property, plant and equipment, net changed year-over-year?
- Marathon Petroleum's property, plant and equipment, net increased by 6.8% year-over-year, from $35.03B to $37.40B.
- What is the long-term trend for Marathon Petroleum's property, plant and equipment, net?
- Over 5 years (2020 to 2025), Marathon Petroleum's property, plant and equipment, net has grown at a -0.9% compound annual growth rate (CAGR), from $39.04B to $37.40B.
- What does property, plant and equipment, net mean?
- The net value of the company's long-term physical assets like buildings and equipment.