Marathon Petroleum (MPC) Debt Ratio (2010 - 2026)

Marathon Petroleum (MPC) posted Debt Ratio of 0.37 for Q1 2026, down 4.95% sequentially from 0.39 in Q4 2025, and down 1.7% YoY from 0.38 in Q1 2025.

Marathon Petroleum (MPC) Debt Ratio (2010 - 2026) Analysis & Trends

Marathon Petroleum has reported Debt Ratio for 17 years, with the latest figure at 0.37 in Q1 2026.

  • Quarterly Debt Ratio fell 1.7% year-over-year to 0.37 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.37 (down 1.7% YoY) and the FY2025 annual result came in at 0.39, up 12.37% from the prior year.
  • Debt Ratio fell to 0.37 in Q1 2026 per MPC's latest filing, from 0.39 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.39 in Q3 2025 and troughed at 0.28 in Q2 2022.
  • A 5-year average of 0.33 and a median of 0.32 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio fell 21.66% in 2022, then grew 18.67% in 2025.
  • Over 5 years, Debt Ratio stood at 0.3 in 2022, then increased by 6.84% to 0.32 in 2023, then advanced by 9.83% to 0.35 in 2024, then advanced by 12.37% to 0.39 in 2025, then slipped by 4.95% to 0.37 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.37, 0.39, and 0.39 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Marathon Petroleum 96.77 Bn 89.01 Bn 9.27 Bn 0.35
2 Valero Energy 95.14 Bn 87.26 Bn 5.47 Bn 0.18
3 Phillips 66 89.80 Bn 85.70 Bn 8.38 Bn 0.25
4 HF Sinclair 15.42 Bn 13.16 Bn 1.57 Bn 0.15
5 Sunoco 10.13 Bn 9.35 Bn 1.46 Bn 0.44
6 PBF Energy 8.20 Bn 7.30 Bn 1.15 Bn 0.12
7 Cosan 6.44 Bn 1.33 Bn 552.94 Mn 0.03
8 Ultrapar Holdings 6.39 Bn 4.67 Bn 603.08 Mn 0.30
9 Icahn Enterprises 5.06 Bn 3.09 Bn 198.00 Mn -
10 Delek US Holdings 3.92 Bn 3.29 Bn 365.10 Mn 0.42

Historic Data

Download Data
DateValue
Jun 30, 2026 0.35
Mar 31, 2026 0.37
Dec 31, 2025 0.39
Sep 30, 2025 0.39
Jun 30, 2025 0.37
Mar 31, 2025 0.38
Dec 31, 2024 0.35
Sep 30, 2024 0.35
Jun 30, 2024 0.34
Mar 31, 2024 0.32
Dec 31, 2023 0.32
Sep 30, 2023 0.30
Jun 30, 2023 0.32
Mar 31, 2023 0.31
Dec 31, 2022 0.30
Sep 30, 2022 0.30
Jun 30, 2022 0.28
Mar 31, 2022 0.29
Dec 31, 2021 0.30
Sep 30, 2021 0.31