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| Date | Value |
|---|---|
| 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 |