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

Marathon Petroleum (MPC) posted Asset Writedowns and Impairment of $69.0 million for Q4 2021, up 430.77% sequentially from $13.0 million in Q3 2021, and down 52.74% YoY from $146.0 million in Q4 2020.

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

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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marathon Petroleum 97.05 Bn 89.28 Bn 9.27 Bn
2 Valero Energy 95.18 Bn 87.30 Bn 5.47 Bn
3 Phillips 66 89.90 Bn 85.80 Bn 8.38 Bn
4 HF Sinclair 15.35 Bn 13.09 Bn 1.57 Bn
5 Sunoco 10.13 Bn 9.36 Bn 1.46 Bn
6 PBF Energy 8.19 Bn 7.29 Bn 1.15 Bn
7 Cosan 6.43 Bn 1.32 Bn 552.94 Mn
8 Ultrapar Holdings 6.39 Bn 4.67 Bn 603.08 Mn
9 Icahn Enterprises 5.07 Bn 3.10 Bn 198.00 Mn
10 Delek US Holdings 3.92 Bn 3.29 Bn 365.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2021 69.00 Mn
Dec 31, 2021 69.00 Mn
Sep 30, 2021 13.00 Mn
Sep 30, 2021 13.00 Mn
Jun 30, 2021 56.00 Mn
Jun 30, 2021 56.00 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 7.82 Bn
Mar 31, 2020 7.82 Bn
Dec 31, 2019 1.20 Bn
Dec 31, 2019 1.20 Bn
Dec 31, 2016 500.00 Mn
Dec 31, 2016 500.00 Mn
Jun 30, 2016 -385.00 Mn
Jun 30, 2016 -385.00 Mn