Marathon Petroleum (MPC) Capital Expenditures (2010 - 2026)
Marathon Petroleum (MPC) posted Capital Expenditures of $913.0 million for Q1 2026, down 22.69% sequentially from $1.2 billion in Q4 2025, and up 37.71% YoY from $663.0 million in Q1 2025.
Analysis
Marathon Petroleum (MPC) Capital Expenditures (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Capital Expenditures for 17 years, with the latest figure at $913.0 million in Q1 2026.
- Quarterly Capital Expenditures rose 37.71% year-over-year to $913.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 43.09% YoY) and the FY2025 annual result came in at $3.5 billion, up 37.62% from the prior year.
- Capital Expenditures fell to $913.0 million in Q1 2026 per MPC's latest filing, from $1.2 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.2 billion in Q4 2025 and troughed at $420.0 million in Q3 2023.
- A 5-year average of $661.3 million and a median of $651.0 million in 2024 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures soared 85.94% in 2022, then slumped 40.09% in 2023.
- Over 5 years, Capital Expenditures stood at $726.0 million in 2022, then dropped by 26.72% to $532.0 million in 2023, then soared by 52.26% to $810.0 million in 2024, then soared by 45.8% to $1.2 billion in 2025, then declined by 22.69% to $913.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $913.0 million, $1.2 billion, and $947.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 1.19 Bn |
| 2 | Valero Energy | 107.68 Bn | 99.80 Bn | 5.47 Bn | 128.00 Mn |
| 3 | Phillips 66 | 102.53 Bn | 98.43 Bn | 8.38 Bn | 726.00 Mn |
| 4 | HF Sinclair | 18.97 Bn | 16.70 Bn | 1.57 Bn | 118.00 Mn |
| 5 | Sunoco | 10.41 Bn | 9.64 Bn | 1.46 Bn | 173.00 Mn |
| 6 | PBF Energy | 8.78 Bn | 7.89 Bn | 1.15 Bn | 127.10 Mn |
| 7 | Ultrapar Holdings | 7.66 Bn | 5.55 Bn | 912.61 Mn | -154.11 Mn |
| 8 | Icahn Enterprises | 4.56 Bn | 2.59 Bn | 198.00 Mn | 80.00 Mn |
| 9 | Delek US Holdings | 4.29 Bn | 3.66 Bn | 365.10 Mn | 173.80 Mn |
| 10 | Cvr Energy | 4.26 Bn | 3.53 Bn | 117.00 Mn | 43.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.19 Bn |
| Mar 31, 2026 | 913.00 Mn |
| Dec 31, 2025 | 1.18 Bn |
| Sep 30, 2025 | 947.00 Mn |
| Jun 30, 2025 | 695.00 Mn |
| Mar 31, 2025 | 663.00 Mn |
| Dec 31, 2024 | 810.00 Mn |
| Sep 30, 2024 | 651.00 Mn |
| Jun 30, 2024 | 487.00 Mn |
| Mar 31, 2024 | 585.00 Mn |
| Dec 31, 2023 | 532.00 Mn |
| Sep 30, 2023 | 420.00 Mn |
| Jun 30, 2023 | 481.00 Mn |
| Mar 31, 2023 | 457.00 Mn |
| Dec 31, 2022 | 726.00 Mn |
| Sep 30, 2022 | 701.00 Mn |
| Jun 30, 2022 | 498.00 Mn |
| Mar 31, 2022 | 495.00 Mn |
| Dec 31, 2021 | 481.00 Mn |
| Sep 30, 2021 | 377.00 Mn |