Latest period
$3.74B
YoY change
+37.6%
5Y CAGR
+4.6%
Peak year (2019)
$4.81B
Cumulative CapEx
$43.24B
CapEx history chart for Marathon Petroleum (MPC) from 2008 to 2025
Latest: $3.49B
CapEx growth chart for Marathon Petroleum (MPC) from 2008 to 2025
Latest: +37.6%
CapEx history table for Marathon Petroleum (MPC) from 2008 to 2025
| 2025 | $3.49B | +37.6% | +$953.00M | ||
| 2024 | $2.53B | +34.0% | +$643.00M | ||
| 2023 | $1.89B | -21.9% | −$530.00M | ||
| 2022 | $2.42B | +65.3% | +$956.00M | ||
| 2021 | $1.46B | -47.5% | −$1.32B | ||
| 2020 | $2.79B | -42.1% | −$2.02B | ||
| 2019 | $4.81B | +51.3% | +$1.63B | ||
| 2018 | $3.18B | +16.4% | +$447.00M | ||
| 2017 | $2.73B | -5.5% | −$160.00M | ||
| 2016 | $2.89B | +44.7% | +$894.00M | ||
| 2015 | $2.00B | +35.0% | +$518.00M | ||
| 2014 | $1.48B | +22.7% | +$274.00M | ||
| 2013 | $1.21B | -11.9% | −$163.00M | ||
| 2012 | $1.37B | +15.5% | +$184.00M | ||
| 2011 | $1.19B | -2.6% | −$32.00M | ||
| 2010 | $1.22B | -57.9% | −$1.67B | ||
| 2009 | $2.89B | +3.7% | +$104.00M | ||
| 2008 | $2.79B | — | — |
- 2025$3.49B+37.6%
- 2024$2.53B+34.0%
- 2023$1.89B-21.9%
- 2022$2.42B+65.3%
- 2021$1.46B-47.5%
- 2020$2.79B-42.1%
- 2019$4.81B+51.3%
- 2018$3.18B+16.4%
- 2017$2.73B-5.5%
- 2016$2.89B+44.7%
- 2015$2.00B+35.0%
- 2014$1.48B+22.7%
- 2013$1.21B-11.9%
- 2012$1.37B+15.5%
- 2011$1.19B-2.6%
- 2010$1.22B-57.9%
- 2009$2.89B+3.7%
- 2008$2.79B—
CapEx values are taken from Marathon Petroleum's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Marathon Petroleum (MPC)
According to Marathon Petroleum's latest reported financial statements, the company's current CapEx (TTM) is $3.74B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual CapEx for Marathon Petroleum (MPC) came in at $3.49B – surged 37.6% year-over-year.
Marathon Petroleum CapEx compound annual growth for the 2020–2025 (5 years) window is +4.6%, sustaining 2 straight years of year-over-year growth.
Marathon Petroleum CapEx declined from $4.81B in 2019 to $3.49B in 2025, a 27.5% drawdown.
$4.81B stands as the all-time-high annual CapEx, posted in 2019, against a low of $1.19B during 2011.
Marathon Petroleum Capital Expenditures by Year
Marathon Petroleum Capital Expenditures 2025: $3.49B
2025's CapEx for Marathon Petroleum came in at $3.49B, surged 37.6% from 2024.
Marathon Petroleum Capital Expenditures 2024: $2.53B
Marathon Petroleum posted CapEx of $2.53B in 2024, surged 34.0% from 2023.
Marathon Petroleum Capital Expenditures 2023: $1.89B
In 2023, Marathon Petroleum reported CapEx of $1.89B, declined 21.9% below 2022.
Marathon Petroleum Capital Expenditures 2022: $2.42B
Marathon Petroleum CapEx in 2022 was $2.42B, surged 65.3% from 2021.
Marathon Petroleum Capital Expenditures 2021: $1.46B
Marathon Petroleum CapEx in 2021 was $1.46B.
See more financial history for Marathon Petroleum (MPC).
Sector peers by CapEx
Energy peers of Marathon Petroleum (MPC), ranked by their latest CapEx
| $28.36B | |
| $17.35B | |
| $8.83B | |
| $6.12B | |
| $4.89B | |
| $3.02B | |
| $1.69B | |
| $796.00M |
- $28.36B
- $17.35B
- $8.83B
- $6.12B
- $4.89B
- $3.02B
- $1.69B
- $796.00M
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