Marathon Petroleum Capital Expenditures (CapEx) Growth & History (MPC)
Marathon Petroleum's capital expenditures (capex) was $3.49B for fiscal 2025.
View full Marathon Petroleum company overviewMarathon Petroleum annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.49B | $953.0M | +37.62% |
| 2024 | 2024-12-31 | $2.53B | $643.0M | +34.02% |
| 2023 | 2023-12-31 | $1.89B | −$530.0M | −21.90% |
| 2022 | 2022-12-31 | $2.42B | $956.0M | +65.30% |
| 2021 | 2021-12-31 | $1.46B | −$1.32B | −47.47% |
| 2020 | 2020-12-31 | $2.79B | −$2.02B | −42.06% |
| 2019 | 2019-12-31 | $4.81B | $1.63B | +51.31% |
| 2018 | 2018-12-31 | $3.18B | $447.0M | +16.36% |
| 2017 | 2017-12-31 | $2.73B | −$160.0M | −5.53% |
| 2016 | 2016-12-31 | $2.89B | $894.0M | +44.74% |
| 2015 | 2015-12-31 | $2.00B | $518.0M | +35.00% |
| 2014 | 2014-12-31 | $1.48B | $274.0M | +22.72% |
| 2013 | 2013-12-31 | $1.21B | −$163.0M | −11.91% |
| 2012 | 2012-12-31 | $1.37B | $184.0M | +15.53% |
| 2011 | 2011-12-31 | $1.19B | −$32.0M | −2.63% |
| 2010 | 2010-12-31 | $1.22B | −$1.67B | −57.90% |
| 2009 | 2009-12-31 | $2.89B | — | — |
Marathon Petroleum quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.19B | $491.0M | +70.65% |
| Q1 2026 | 2026-03-31 | $913.0M | $250.0M | +37.71% |
| Q4 2025 | 2025-12-31 | $1.18B | $371.0M | +45.80% |
| Q3 2025 | 2025-09-30 | $947.0M | $296.0M | +45.47% |
| Q2 2025 | 2025-06-30 | $695.0M | $208.0M | +42.71% |
| Q1 2025 | 2025-03-31 | $663.0M | $78.0M | +13.33% |
| Q4 2024 | 2024-12-31 | $810.0M | $278.0M | +52.26% |
| Q3 2024 | 2024-09-30 | $651.0M | $231.0M | +55.00% |
| Q2 2024 | 2024-06-30 | $487.0M | $6.0M | +1.25% |
| Q1 2024 | 2024-03-31 | $585.0M | $128.0M | +28.01% |
| Q4 2023 | 2023-12-31 | $532.0M | −$194.0M | −26.72% |
| Q3 2023 | 2023-09-30 | $420.0M | −$281.0M | −40.09% |
| Q2 2023 | 2023-06-30 | $481.0M | −$17.0M | −3.41% |
| Q1 2023 | 2023-03-31 | $457.0M | −$38.0M | −7.68% |
| Q4 2022 | 2022-12-31 | $726.0M | $245.0M | +50.94% |
| Q3 2022 | 2022-09-30 | $701.0M | $324.0M | +85.94% |
| Q2 2022 | 2022-06-30 | $498.0M | $196.0M | +64.90% |
| Q1 2022 | 2022-03-31 | $495.0M | $191.0M | +62.83% |
| Q4 2021 | 2021-12-31 | $481.0M | $24.0M | +5.25% |
| Q3 2021 | 2021-09-30 | $377.0M | −$257.0M | −40.54% |
| Q2 2021 | 2021-06-30 | $302.0M | −$443.0M | −59.46% |
| Q1 2021 | 2021-03-31 | $304.0M | −$647.0M | −68.03% |
| Q4 2020 | 2020-12-31 | $457.0M | −$892.0M | −66.12% |
| Q3 2020 | 2020-09-30 | $634.0M | −$408.0M | −39.16% |
| Q2 2020 | 2020-06-30 | $745.0M | −$433.0M | −36.76% |
| Q1 2020 | 2020-03-31 | $951.0M | −$290.0M | −23.37% |
| Q4 2019 | 2019-12-31 | $1.35B | $485.0M | +56.13% |
| Q3 2019 | 2019-09-30 | $1.04B | $193.0M | +22.73% |
| Q2 2019 | 2019-06-30 | $1.18B | $467.0M | +65.68% |
| Q1 2019 | 2019-03-31 | $1.24B | $486.0M | +64.37% |
| Q4 2018 | 2018-12-31 | $864.0M | $60.0M | +7.46% |
| Q3 2018 | 2018-09-30 | $849.0M | $186.0M | +28.05% |
| Q2 2018 | 2018-06-30 | $711.0M | $56.0M | +8.55% |
| Q1 2018 | 2018-03-31 | $755.0M | $145.0M | +23.77% |
| Q4 2017 | 2017-12-31 | $804.0M | $59.0M | +7.92% |
| Q3 2017 | 2017-09-30 | $663.0M | −$53.0M | −7.40% |
| Q2 2017 | 2017-06-30 | $655.0M | −$31.0M | −4.52% |
| Q1 2017 | 2017-03-31 | $610.0M | −$135.0M | −18.12% |
| Q4 2016 | 2016-12-31 | $745.0M | $24.0M | +3.33% |
| Q3 2016 | 2016-09-30 | $716.0M | $203.0M | +39.57% |
| Q2 2016 | 2016-06-30 | $686.0M | $311.0M | +82.93% |
| Q1 2016 | 2016-03-31 | $745.0M | $356.0M | +91.52% |
| Q4 2015 | 2015-12-31 | $721.0M | $193.0M | +36.55% |
| Q3 2015 | 2015-09-30 | $513.0M | $130.0M | +33.94% |
| Q2 2015 | 2015-06-30 | $375.0M | $73.0M | +24.17% |
| Q1 2015 | 2015-03-31 | $389.0M | $122.0M | +45.69% |
| Q4 2014 | 2014-12-31 | $528.0M | $55.0M | +11.63% |
| Q3 2014 | 2014-09-30 | $383.0M | $74.0M | +23.95% |
| Q2 2014 | 2014-06-30 | $302.0M | $73.0M | +31.88% |
| Q1 2014 | 2014-03-31 | $267.0M | $72.0M | +36.92% |
| Q4 2013 | 2013-12-31 | $473.0M | $70.0M | +17.37% |
| Q3 2013 | 2013-09-30 | $309.0M | −$22.0M | −6.65% |
| Q2 2013 | 2013-06-30 | $229.0M | −$97.0M | −29.75% |
| Q1 2013 | 2013-03-31 | $195.0M | −$114.0M | −36.89% |
| Q4 2012 | 2012-12-31 | $403.0M | $62.0M | +18.18% |
| Q3 2012 | 2012-09-30 | $331.0M | $4.0M | +1.22% |
| Q2 2012 | 2012-06-30 | $326.0M | $52.0M | +18.98% |
| Q1 2012 | 2012-03-31 | $309.0M | $66.0M | +27.16% |
| Q4 2011 | 2011-12-31 | $341.0M | — | — |
| Q3 2011 | 2011-09-30 | $327.0M | $40.0M | +13.94% |
| Q2 2011 | 2011-06-30 | $274.0M | — | — |
| Q1 2011 | 2011-03-31 | $243.0M | — | — |
| Q3 2010 | 2010-09-30 | $287.0M | — | — |
Marathon Petroleum capital expenditures (capex) trends
Over the last five fiscal years, Marathon Petroleum's capital expenditures (capex) increased from $2.79B to $3.49B, a change of $699.0M. The latest reported quarter, Q2 2026, shows $1.19B.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Marathon Petroleum source filings ↗