Marathon Petroleum (MPC) Operating Leases (2019 - 2026)

Marathon Petroleum (MPC) posted Operating Leases of $1.0 billion for Q1 2026, up 0.7% sequentially from $993.0 million in Q4 2025, and up 22.4% YoY from $817.0 million in Q1 2025.

Marathon Petroleum (MPC) Operating Leases (2019 - 2026) Analysis & Trends

Marathon Petroleum has reported Operating Leases for 8 years, with the latest figure at $1.0 billion in Q1 2026.

  • Quarterly Operating Leases rose 22.4% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 22.4% YoY) and the FY2025 annual result came in at $993.0 million, down 22.24% from the prior year.
  • Operating Leases advanced to $1.0 billion in Q1 2026 per MPC's latest filing, from $993.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $1.3 billion in Q4 2024 and troughed at $691.0 million in Q3 2024.
  • A 5-year average of $898.4 million and a median of $859.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases slumped 36.81% in 2023, then soared 67.15% in 2024.
  • Over 5 years, Operating Leases stood at $1.2 billion in 2022, then sank by 36.81% to $764.0 million in 2023, then jumped by 67.15% to $1.3 billion in 2024, then slipped by 22.24% to $993.0 million in 2025, then advanced by 0.7% to $1.0 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $1.0 billion, $993.0 million, and $918.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marathon Petroleum 96.62 Bn 88.86 Bn 9.27 Bn
2 Valero Energy 95.02 Bn 87.15 Bn 5.47 Bn
3 Phillips 66 89.79 Bn 85.69 Bn 8.38 Bn
4 HF Sinclair 15.45 Bn 13.19 Bn 1.57 Bn
5 Sunoco 10.12 Bn 9.35 Bn 1.46 Bn
6 PBF Energy 8.20 Bn 7.31 Bn 1.15 Bn
7 Cosan 6.44 Bn 1.33 Bn 552.94 Mn
8 Ultrapar Holdings 6.40 Bn 4.68 Bn 603.08 Mn
9 Icahn Enterprises 5.06 Bn 3.09 Bn 198.00 Mn
10 Delek US Holdings 3.93 Bn 3.30 Bn 365.10 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 977.00 Mn
Mar 31, 2026 1.00 Bn
Dec 31, 2025 993.00 Mn
Sep 30, 2025 918.00 Mn
Jun 30, 2025 935.00 Mn
Mar 31, 2025 817.00 Mn
Dec 31, 2024 1.28 Bn
Sep 30, 2024 691.00 Mn
Jun 30, 2024 711.00 Mn
Mar 31, 2024 770.00 Mn
Dec 31, 2023 764.00 Mn
Sep 30, 2023 848.00 Mn
Jun 30, 2023 859.00 Mn
Mar 31, 2023 858.00 Mn
Dec 31, 2022 1.21 Bn
Sep 30, 2022 839.00 Mn
Jun 30, 2022 879.00 Mn
Mar 31, 2022 905.00 Mn
Dec 31, 2021 1.37 Bn
Sep 30, 2021 975.00 Mn