Marathon Petroleum (MPC) Interest Expenses (2012 - 2026)
Marathon Petroleum's Interest Expenses was $340 million in Q2 2026, up 6.6% from $319 million a year earlier but down 8.1% from the prior quarter.
Marathon Petroleum (MPC) Interest Expenses (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marathon Petroleum's Interest Expenses was $1.36 billion through Jun 30, 2026, up 25.2% year-over-year; for FY2025, it came in at $1.28 billion, up 52.1% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $839 million in FY2024 (+59.8%), $525 million in FY2023 (-47.5%), $1 billion in FY2022 (-32.6%) and $1.48 billion in FY2021 (+8.6%).
- Quarterly Interest Expenses has moved between $111 million (Q4 2023) and $430 million (Q4 2021) over five years.
- Compared with a year earlier, Interest Expenses has increased for ten straight quarters, with growth averaging 56.4% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2024 (growth of 120.7%); the worst was Q4 2022 (a decline of 56.7%).
- Per Business Quant data, MPC's Interest Expenses in the three quarters before Q2 2026 was $370 million (Q1 2026), $343 million (Q4 2025) and $310 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn | 340.00 Mn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn | 145.00 Mn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn | 20.00 Mn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn | 42.00 Mn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn | 204.00 Mn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn | -143.84 Mn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn | - |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn | - |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - | 121.00 Mn |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn | 14.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 340.00 Mn |
| Mar 31, 2026 | 370.00 Mn |
| Dec 31, 2025 | 343.00 Mn |
| Sep 30, 2025 | 310.00 Mn |
| Jun 30, 2025 | 319.00 Mn |
| Mar 31, 2025 | 304.00 Mn |
| Dec 31, 2024 | 245.00 Mn |
| Sep 30, 2024 | 221.00 Mn |
| Jun 30, 2024 | 194.00 Mn |
| Mar 31, 2024 | 179.00 Mn |
| Dec 31, 2023 | 111.00 Mn |
| Sep 30, 2023 | 118.00 Mn |
| Jun 30, 2023 | 142.00 Mn |
| Mar 31, 2023 | 154.00 Mn |
| Dec 31, 2022 | 186.00 Mn |
| Sep 30, 2022 | 240.00 Mn |
| Jun 30, 2022 | 312.00 Mn |
| Mar 31, 2022 | 262.00 Mn |
| Dec 31, 2021 | 430.00 Mn |
| Sep 30, 2021 | 328.00 Mn |
Marathon Petroleum Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=MPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "MPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();