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