Marathon Petroleum (MPC) Operating Leases (2019 - 2026)
Marathon Petroleum (MPC) recorded Operating Leases of $977 million in Q2 2026, up 4.5% from $935 million a year earlier but down 2.3% from the prior quarter.
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Analysis
Marathon Petroleum (MPC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Marathon Petroleum reported Operating Leases of $993 million, up 15.5% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of -0.4% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $860 million in FY2024 (+12.6%), $764 million in FY2023 (-9.2%), $841 million in FY2022 (-9.3%) and $927 million in FY2021 (-8.6%).
- Quarterly Operating Leases has ranged from $691 million in Q3 2024 to $1 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Operating Leases has increased for seven consecutive quarters, with growth averaging 13.4% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 32.9% in Q3 2025, against a decline of 18.5% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1 billion (Q1 2026), $993 million (Q4 2025) and $918 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 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 | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 860.00 Mn |
| 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 | 841.00 Mn |
| Sep 30, 2022 | 839.00 Mn |
| Jun 30, 2022 | 879.00 Mn |
| Mar 31, 2022 | 905.00 Mn |
| Dec 31, 2021 | 927.00 Mn |
| Sep 30, 2021 | 975.00 Mn |
API Access
Marathon Petroleum Operating Leases 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=operating-leases&ticker=MPC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();