Marathon Petroleum (MPC) Capital Expenditures (2010 - 2026)
Marathon Petroleum (MPC) recorded Capital Expenditures of $1.19 billion in Q2 2026, up 70.6% from $695 million a year earlier and up 29.9% from the prior quarter.
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Analysis
Marathon Petroleum (MPC) Capital Expenditures (2010 - 2026) Analysis & Trends
On a TTM basis, Marathon Petroleum's Capital Expenditures came in at $4.23 billion as of Jun 30, 2026, up 49.9% year-over-year; for FY2025, it came in at $3.49 billion, up 37.6% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $2.53 billion in FY2024 (+34.0%), $1.89 billion in FY2023 (-21.9%), $2.42 billion in FY2022 (+65.3%) and $1.46 billion in FY2021 (-47.5%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q4 2019.
- On a year-over-year basis, Capital Expenditures has increased for ten consecutive quarters, with growth averaging 45.4% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 85.9% in Q3 2022, against a decline of 40.5% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $913 million (Q1 2026), $1.18 billion (Q4 2025) and $947 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 1.19 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 124.00 Mn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 118.00 Mn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 127.10 Mn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 173.00 Mn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | 619,998.20 |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | 43.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | 173.80 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 80.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 39.71 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 |
API Access
Marathon Petroleum Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MPC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();