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
DateValue
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