Marathon Petroleum (MPC) Total Debt (2010 - 2026)
Marathon Petroleum (MPC) posted Total Debt of $32.8 billion for Q1 2026, little changed sequentially from $32.9 billion in Q4 2025, and up 6.2% YoY from $30.9 billion in Q1 2025.
Marathon Petroleum (MPC) Total Debt (2010 - 2026) Analysis & Trends
Marathon Petroleum has reported Total Debt for 17 years, with the latest figure at $32.8 billion in Q1 2026.
- Quarterly Total Debt rose 6.2% year-over-year to $32.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.8 billion (up 6.2% YoY) and the FY2025 annual result came in at $32.9 billion, up 19.63% from the prior year.
- Total Debt held at $32.8 billion in Q1 2026 per MPC's latest filing, from $32.9 billion in the prior quarter.
- Over five years, Total Debt peaked at $32.9 billion in Q4 2025 and troughed at $26.7 billion in Q4 2022.
- A 5-year average of $28.6 billion and a median of $27.3 billion in 2024 frame the typical range for Total Debt.
- The sharpest annual moves came in 2022 and 2025: Total Debt declined 17.77% in 2022, then advanced 19.63% in 2025.
- Over 5 years, Total Debt stood at $26.7 billion in 2022, then climbed by 2.18% to $27.3 billion in 2023, then increased by 0.73% to $27.5 billion in 2024, then rose by 19.63% to $32.9 billion in 2025, then slipped by 0.16% to $32.8 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $32.8 billion, $32.9 billion, and $32.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 96.06 Bn | 88.29 Bn | 9.27 Bn | 32.82 Bn |
| 2 | Valero Energy | 94.89 Bn | 87.01 Bn | 5.47 Bn | 11.35 Bn |
| 3 | Phillips 66 | 89.27 Bn | 85.17 Bn | 8.38 Bn | 20.57 Bn |
| 4 | HF Sinclair | 15.53 Bn | 13.27 Bn | 1.57 Bn | 2.77 Bn |
| 5 | Sunoco | 10.14 Bn | 9.37 Bn | 1.46 Bn | 13.31 Bn |
| 6 | PBF Energy | 8.18 Bn | 7.28 Bn | 1.15 Bn | 1.75 Bn |
| 7 | Cosan | 6.58 Bn | 1.47 Bn | 552.94 Mn | 723.67 Mn |
| 8 | Ultrapar Holdings | 6.36 Bn | 4.64 Bn | 603.08 Mn | 2.86 Bn |
| 9 | Icahn Enterprises | 5.05 Bn | 3.08 Bn | 198.00 Mn | - |
| 10 | Delek US Holdings | 3.90 Bn | 3.27 Bn | 365.10 Mn | 3.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.82 Bn |
| Mar 31, 2026 | 32.83 Bn |
| Dec 31, 2025 | 32.88 Bn |
| Sep 30, 2025 | 32.84 Bn |
| Jun 30, 2025 | 28.65 Bn |
| Mar 31, 2025 | 30.91 Bn |
| Dec 31, 2024 | 27.48 Bn |
| Sep 30, 2024 | 28.22 Bn |
| Jun 30, 2024 | 28.94 Bn |
| Mar 31, 2024 | 27.29 Bn |
| Dec 31, 2023 | 27.28 Bn |
| Sep 30, 2023 | 27.28 Bn |
| Jun 30, 2023 | 27.28 Bn |
| Mar 31, 2023 | 27.28 Bn |
| Dec 31, 2022 | 26.70 Bn |
| Sep 30, 2022 | 26.70 Bn |
| Jun 30, 2022 | 26.77 Bn |
| Mar 31, 2022 | 26.71 Bn |
| Dec 31, 2021 | 25.54 Bn |
| Sep 30, 2021 | 27.34 Bn |