Marathon Petroleum (MPC) Interest Coverage Ratio (2010 - 2026)
Marathon Petroleum (MPC) posted Interest Coverage Ratio of 2.78 for Q1 2026, down 79.67% sequentially from 13.68 in Q4 2025, and up 42.45% YoY from 1.95 in Q1 2025.
Analysis
Marathon Petroleum (MPC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Interest Coverage Ratio for 17 years, with the latest figure at 2.78 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 42.45% year-over-year to 2.78 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.3 (up 84.61% YoY) and the FY2025 annual result came in at 6.5, up 30.51% from the prior year.
- Interest Coverage Ratio slipped to 2.78 in Q1 2026 per MPC's latest filing, from 13.68 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 27.86 in Q3 2022 and troughed at 1.48 in Q4 2024.
- A 5-year average of 10.11 and a median of 9.77 in 2022 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio soared 890.86% in 2022, then slumped 87.27% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 9.77 in 2022, then climbed by 18.99% to 11.63 in 2023, then plunged by 87.27% to 1.48 in 2024, then jumped by 824.06% to 13.68 in 2025, then tumbled by 79.67% to 2.78 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.78, 13.68, and 7.37 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 113.05 Bn | 105.28 Bn | 9.27 Bn | 21.54 |
| 2 | Valero Energy | 108.58 Bn | 100.70 Bn | 5.47 Bn | 35.83 |
| 3 | Phillips 66 | 103.42 Bn | 99.32 Bn | 8.38 Bn | -123.23 |
| 4 | HF Sinclair | 19.10 Bn | 16.83 Bn | 1.57 Bn | 58.40 |
| 5 | Sunoco | 10.30 Bn | 9.53 Bn | 1.46 Bn | 2.86 |
| 6 | PBF Energy | 8.86 Bn | 7.96 Bn | 1.15 Bn | 30.29 |
| 7 | Ultrapar Holdings | 7.58 Bn | 5.47 Bn | 912.61 Mn | -8.32 |
| 8 | Icahn Enterprises | 4.61 Bn | 2.64 Bn | 198.00 Mn | -26.14 |
| 9 | Cvr Energy | 4.33 Bn | 3.59 Bn | 117.00 Mn | - |
| 10 | Delek US Holdings | 4.28 Bn | 3.65 Bn | 365.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54 |
| Mar 31, 2026 | 3.79 |
| Dec 31, 2025 | 7.85 |
| Sep 30, 2025 | 8.75 |
| Jun 30, 2025 | 6.89 |
| Mar 31, 2025 | 2.26 |
| Dec 31, 2024 | 4.66 |
| Sep 30, 2024 | 6.10 |
| Jun 30, 2024 | 13.00 |
| Mar 31, 2024 | 9.97 |
| Dec 31, 2023 | 21.58 |
| Sep 30, 2023 | 40.28 |
| Jun 30, 2023 | 23.27 |
| Mar 31, 2023 | 26.37 |
| Dec 31, 2022 | 25.48 |
| Sep 30, 2022 | 27.86 |
| Jun 30, 2022 | 26.69 |
| Mar 31, 2022 | 6.55 |
| Dec 31, 2021 | 4.13 |
| Sep 30, 2021 | 4.09 |