Marathon Petroleum (MPC) Asset Writedowns and Impairment (2016 - 2021)

Marathon Petroleum's (MPC) quarterly Asset Writedowns and Impairment came in at $69.0 million in Q4 2021, down 52.74% year-on-year from $146.0 million in Q4 2020, and down 52.74% quarter-over-quarter from $146.0 million in Q4 2020.

Marathon Petroleum (MPC) Asset Writedowns and Impairment (2016 - 2021) Analysis & Trends

Marathon Petroleum has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting $69.0 million for Q4 2021.

  • Asset Writedowns and Impairment for Q4 2021 came in at $69.0 million, down 52.74% year-over-year; the trailing twelve-month figure through Dec 2021 was $69.0 million (down 99.29% YoY), and the FY2021 annual result was $69.0 million, down 99.29% from the prior year.
  • Asset Writedowns and Impairment came in at $69.0 million for Q4 2021 at Marathon Petroleum, down from $146.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $9.1 billion in Q1 2020 to a low of $25.0 million in Q2 2020.
  • The 3-year median for Asset Writedowns and Impairment is $289.5 million (2020), against an average of $1.8 billion.
  • Across the five-year window, Asset Writedowns and Impairment plunged 87.8% in 2020 and tumbled 52.74% in 2021, its largest moves.
  • Marathon Petroleum's 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.
  • The last three Asset Writedowns and Impairment figures came in at $69.0 million (Q4 2021), $146.0 million (Q4 2020), and $433.0 million (Q3 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2021 69.00 Mn
Dec 31, 2021 69.00 Mn
Dec 31, 2020 146.00 Mn
Dec 31, 2020 146.00 Mn
Sep 30, 2020 433.00 Mn
Sep 30, 2020 433.00 Mn
Jun 30, 2020 25.00 Mn
Jun 30, 2020 25.00 Mn
Mar 31, 2020 9.14 Bn
Mar 31, 2020 9.14 Bn
Dec 31, 2019 1.20 Bn
Dec 31, 2019 1.20 Bn
Mar 31, 2016 15.00 Mn
Mar 31, 2016 15.00 Mn