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| Date | Value |
|---|---|
| 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 |