Marathon Petroleum (MPC) Asset Writedowns and Impairment (2015 - 2021)

Marathon Petroleum has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $69.0 million in Q4 2021.

• Quarterly Asset Writedowns and Impairment fell 52.74% year-over-year to $69.0 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $138.0 million (down 98.36% YoY) and the FY2021 annual result came in at $69.0 million, down 99.29% from the prior year.
• Asset Writedowns and Impairment grew to $69.0 million in Q4 2021 per MPC's latest filing, from $13.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $7.8 billion in Q1 2020 and troughed at $13.0 million in Q3 2021.
• A 3-year average of $1.2 billion and a median of $107.5 million in 2020 frame the typical range for Asset Writedowns and Impairment.
• The widest YoY moves for Asset Writedowns and Impairment: up 124.0% in 2021, down 97.0% in 2021.
• Over 3 years, Asset Writedowns and Impairment stood at $1.2 billion in 2019, then slumped by 87.8% to $146.0 million in 2020, then sank by 52.74% to $69.0 million in 2021.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $69.0 million, $13.0 million, and $56.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.