Marathon Petroleum Equity method investments (Note 11) decreased by 1.5% to $6.80B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from $6.86B to $6.80B. Over 5 years (FY 2020 to FY 2025), Equity method investments (Note 11) shows an upward trend with a 4.6% CAGR.
Growth indicates strategic expansion into partnerships, while a decline may signal divestment or poor performance of the investee.
This represents the company's investment in entities where it exercises significant influence but does not have full con...
Common in the mining sector for joint ventures; peers often use this to share risk in large-scale projects.
other_equity_method_investments| Q2 '21 | Q3 '21 | 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 | $5.42B | $5.38B | $5.41B | $5.51B | $5.51B | $6.49B | $6.47B | $6.63B | $6.67B | $6.52B | $6.26B | $6.83B | $6.82B | $6.98B | $6.86B | $7.10B | $7.29B | $6.90B | $6.80B |
| QoQ Change | — | -0.7% | +0.5% | +1.9% | -0.1% | +17.9% | -0.4% | +2.5% | +0.6% | -2.2% | -4.0% | +9.1% | -0.1% | +2.3% | -1.7% | +3.5% | +2.8% | -5.4% | -1.5% |
| YoY Change | — | — | — | — | +1.5% | +20.6% | +19.5% | +20.2% | +21.0% | +0.4% | -3.2% | +3.1% | +2.3% | +7.0% | +9.5% | +3.9% | +6.9% | -1.1% | -0.9% |
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Midstream | $5.17B | $5.14B | $4.60B | $5.30B | $5.54B |
| Renewable Diesel | — | — | — | $1.27B | $1.15B |
| Refining And Marketing | $241.00M | $1.33B | $302.00M | $282.00M | $98.00M |
| Total | $5.41B | $6.47B | $6.26B | $6.86B | $6.80B |