Marathon Petroleum (MPC) Debt to Equity (2010 - 2026)

Marathon Petroleum's (MPC) quarterly Debt to Equity came in at $1.4 in Q1 2026, up 4.55% year-on-year from $1.34 in Q1 2025, and down 26.21% quarter-over-quarter from $1.9 in Q4 2025.

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

Marathon Petroleum has disclosed Debt to Equity across 17 years of filings, most recently posting $1.4 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.4, up 4.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 (up 4.55% YoY), and the FY2025 annual result was $1.9, up 67.92% from the prior year.
  • Debt to Equity came in at $1.4 for Q1 2026 at Marathon Petroleum, down from $1.9 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.92 in Q3 2025 to a low of $0.78 in Q4 2022.
  • The 5-year median for Debt to Equity is $0.93 (2024), against an average of $1.1.
  • Across the five-year window, Debt to Equity decreased 22.71% in 2022 and soared 73.65% in 2025, its largest moves.
  • Marathon Petroleum's Debt to Equity stood at $0.78 in 2022, then advanced by 14.29% to $0.89 in 2023, then climbed by 26.43% to $1.13 in 2024, then soared by 67.92% to $1.9 in 2025, then retreated by 26.21% to $1.4 in 2026.
  • The last three Debt to Equity figures came in at $1.4 (Q1 2026), $1.9 (Q4 2025), and $1.92 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 1.40
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 0.48
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 0.91
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 0.28
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 1.67
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn 12.11
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn -
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 0.51
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 2.41
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn 10.54

Historic Data

Download Data
DateValue
Mar 31, 2026 1.40
Dec 31, 2025 1.90
Sep 30, 2025 1.92
Jun 30, 2025 1.23
Mar 31, 2025 1.34
Dec 31, 2024 1.13
Sep 30, 2024 1.11
Jun 30, 2024 1.04
Mar 31, 2024 0.93
Dec 31, 2023 0.89
Sep 30, 2023 0.86
Jun 30, 2023 0.86
Mar 31, 2023 0.83
Dec 31, 2022 0.78
Sep 30, 2022 0.81
Jun 30, 2022 0.82
Mar 31, 2022 0.88
Dec 31, 2021 0.78
Sep 30, 2021 0.78
Jun 30, 2021 0.79